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Re:Stripe to move to South San Francisco by majormajor on Thursday October 24, 2019 @12:58PM (#21346514)
The company wouldn't move if it still had to pay 500K.

500K in SF gets you a smaller place and plenty of discretionary income. Companies in other places can often give you a house, but not match the discretionary income.

Re:Stripe to move to South San Francisco by newfangle on Thursday October 24, 2019 @02:37PM (#21347766)
Why not?

Pay your engineers 500k in a medium cost of living city and you will have the best employee retention of any company once they get used to their quality of life.

Re:Stripe to move to South San Francisco by peripitea on Thursday October 24, 2019 @05:08PM (#21349186)
You probably won't be able to hire nearly the same quality of engineers. At least not at the same scale.