Sergey Brin: Come to Silicon Valley to scale a business, but not to start one

Re:Sergey Brin: Come to Silicon Valley to scale a business, ... by hinkley on Monday June 27, 2016 @11:52AM (#11986976)

A number of successful industries have owed a deal of their success to the fact that they slowly turned into real estate magnates. And not just their property but property around them.

Maybe that suggests that these incubators should be owning rather than renting. Your investment in property is generally going to be recoverable if you have to kick out a failed startup.

[ Parent | on HN ]

Re:Sergey Brin: Come to Silicon Valley to scale a business, ... by Animats on Monday June 27, 2016 @04:21PM (#11989161)

One of the richest people in Silicon Valley is John Arrillaga.[1] He bought farmland in Silicon Valley and began converting it to office space. About a square kilometer of building floor space.

[1] https://en.wikipedia.org/wiki/John_Arrillaga

[ Parent | on HN ]

Re:Sergey Brin: Come to Silicon Valley to scale a business, ... by cm3 on Monday June 27, 2016 @05:26PM (#11989628)

And he's father-in-law to Marc Andreessen, making it all look like some Texas oil family.

[ Parent | on HN ]

Re:Sergey Brin: Come to Silicon Valley to scale a business, ... by rando18423 on Monday June 27, 2016 @06:57PM (#11990175)

come on, don't bash Texas. The way Marc Andreessen just talks his book nonstop and ignores anything else would make Wall Steet deathly proud.

[ Parent | on HN ]

Re:Sergey Brin: Come to Silicon Valley to scale a business, ... by cm3 on Monday June 27, 2016 @07:13PM (#11990248)

Sorry, wasn't trying to bash Texas. Maybe I should have said "Dallas oil dynasty". I haven't seen, read or viewed anything from or with Marc after he left Netscape, so I can't comment on what he's doing these days. All I know is that he's part of a VC.

[ Parent | on HN ]