1. Big pay differential. This is probably why it only hires locals for the most part.
2. Mormonism is ascendant, and the tech industry is mostly non-religious. You hear stories about it can stifle your social life your not mormon or don't wish to participate in mormonism. Like if your kid marries a mormon and your not mormon, well you're not going into the temple to participate in the marriage ceremony levels of soft social exclusion.
I've lived in the bay area, startup to big co. And 80-100 hour weeks are fairly uncommon in practice unless your working in a very small startup fighting for its life. Along with having a family being anything much of a real problem.
Overall I find it unfortunate that equity financing is looked at as debt, vs the joint venture with the rich that it's more like. Nothing wrong with bootstrapping, but it's obviously limiting as you pointed out.
This problem is actually the main reason I haven't moved to SLC yet. So much of the draw there is about being able to get up into (and out of) the mountains quickly, and during ski season (as you know but other readers might not) it can get really terrible. Like worse than I-70 west of Denver terrible
I have tried the ski bus approach, but had a frightening experience of being on one of the last buses down on a crowded day when LCC went into an interlodge event. I have heard a lot of proposals for solving the problem, from gondola to restricting car access and pushing people toward the buses, but so far I think there is no end in sight?
Curious by your username: are you from Venezia, Italy, and/or are Italian?
(I am Italian, living in San Francisco)
If only we could figure out a way to work out a technology/innovation culture that lets people work with laser-like focus on a productive 40 hour work week, have lots of time with their friends/familiar/hobbies, but without the religious part. And without a huge percentage of community social activities revolving around one particular religious ideology.
But I'd also say that "be present for your family" and "don't amass personal debt" should be universally seen as good, and at least in theory they are, certainly by most religions or other broad groupings of humans.
I wonder instead: why not take more risk if you have a massive community to back you up in case it doesn't work out?
I mean, maybe you don't want to take that risk on "selling personal data to advertisers" because the community might not want to back you up, but if you're doing something basically moral, wouldn't a strong community be able to subsidize positive risk and thus yield better results on average?
> There are too dang many of you coming [...] and filling up my mountains
I'm from rural Northern California and I say the same thing a lot. Especially in the last 20 years. :-)
There is certainly plenty of people that live up there, seemingly just as many as live in Utah County. Is it that there is a dearth of them that have the skills tech companies are looking for? Are there governmental/policy reasons keeping companies away? Is it because BYU is in Utah County and WSU/USU are that much worse at providing potential hires than BYU/UVU are?
I don't know the reason but it does seem weird to me that there is so much push into Utah County and seemingly nothing to the north.
I think you're missing a "not" there.
Would you or your congregation welcome more Mormons to town?
Would you or your congregation welcome more non-Mormons to town?
Eventually I realized: Maybe it was just because I was a nerd. Maybe it wasn't the fault of the Mormon Church at all.
As a non-Mormon, I haven't been unwelcome anywhere, ever. There still is a bit of a feeling of being an outsider, but it's not like "no promotions for you" or anything. I've been treated fairly everywhere I've been. (Disclaimer: I'm male, white, straight, and cis. I don't know enough to speak for the experience of those who are not.)
Both of them stem from teachings of the Church of Jesus Christ of Latter Day Saints ( of which I am a member) the first is the emphasis on families. A commonly heard refrain is "no success can compensate for failure in the home", this emphasis on family doesn't always meld well with eh working 80-100 hours a week, FAANG obsession mentality that is caricatured as part of being an SV startup.
The second is also another teaching of the Church of Jesus Christ of Latter Day Saints that counsels it's memebers to avoid excessive debt. Whereas the entire SV startup mentality is get as much VC as you can and blow through it as quick as you can to fuel growth hopong you can claw your way out later. As data point on this until a while back I was working at ones of Utah's biggest, hottest most profitable startups as one of the first employees. The CEO didn't take out a bunch of business loans or get VC, he had owned quite a bit of property and liquidated it all to start the company.
Now the objection will be that everyone in Utah isn't a member of the Church of Jesus Christ of Latter Day Saints, however the culture still is pretty pervasive.
That being said there are exceptions to every rule and things are changing. But most importantly.
There are too dang many of you coming to Utah and filling up my mountains and desert stay out find somewhere else live.