5min chapter

The Daily cover image

The Most Empty Downtown in America

The Daily

CHAPTER

San Francisco - The New Ecosystem of Services

The tech boom in San Francisco has brought a flood of young, well-paid workers to the city. This triggers an economic cycle where people come to work and then they go to the first floor to play. People make money selling internet to people around the world in the top floors,. Then they go to bottom floors to spend that money, which creates retail and other kinds of businesses all around them. The decision to keep our headquarters in San Francisco was a conscious one.

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