Quote:
Originally Posted by ocman
Snap did help launch LA into a tech hub. The tech industry is now booming in LA thanks to Snap, with every FAANG company presence there, thus all the complaints about Playa Vista gentrification. It didn’t launch LA into an IPO hub, though. The litmus test is which cities are paying tech bros 120K at minimum. That wasn’t common in LA before SNAP.
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To me it seems like Snap just coincided with the natural overflow of tech into other parts of the country (and world).