Does the Bay Area Still exist?

Hey everyone,

It’s been a while since my last post on The Valley, but during the last couple of months, I’ve been swamped.

Life in Palo Alto (where I live today) is getting back to normal, and people start meeting and having dinner again. This place didn’t change a lot, even in 2020. House leases went a little bit down (and that’s good), but not significantly. It looks like those who took a break from San Francisco moved once again to the very center of Silicon Valley. Actually, house prices n the area increased by 10.6% in the last year, according to Zillow:

Being in the Valley is definitely harder today, mostly because traveling is challenging. Nevertheless, for those who can move and stay here, the opportunities are bigger than ever.

Today I want to share a short video from Jason Lamkin from the IN3 2020 summit about why the Bay Area still matters (maybe more than ever). San Francisco unicorns became decacorns during COVID, so great VPs won’t easily leave their companies now.