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Re:$1.6B in funding and $7B in exits: Chicago tech just had ... by bunderbunder on Friday January 23, 2015 @05:46PM (#8937847)
Just looking at racial demographics, the level of diversity is about the same, it just skews differently. The % white and latino are about the same, but Chicago has as many black folks as San Francisco does asian folks, and vice versa. San Francisco's quite a bit more wealthy, though - median household income upward of $73k vs $47k. Perhaps that contributes to more of a perception of diversity for certain folks.

Chicago's hypercentralized layout may play a part there, too - the downtown area where tourists go is really just for tourists, and to some extent it's particularly for tourists making weekend trips from the suburbs. With the possible exception of Chinatown, all those great neighborhoods you're mentioning are pretty far off the beaten path for a visitor.

Re:$1.6B in funding and $7B in exits: Chicago tech just had ... by rayiner on Friday January 23, 2015 @08:52PM (#8938501)
> San Francisco's quite a bit more wealthy, though - median household income upward of $73k vs $47k.

That $2k-ish per month is entirely eaten up by the cost of housing. Median rent for a 2BR in SF is $4,000/mo. Chicago is a little over half that. Not to mention much lower taxes than in California.

Re:$1.6B in funding and $7B in exits: Chicago tech just had ... by chriscampbell on Saturday January 24, 2015 @09:30AM (#8939655)
Chicago apartments are way cheaper than $2k a month. Most of my team pays less than $1k in great neighborhoods such as Lincoln Park and Wicker Park. If you want a building with a pool, doorman, gym, etc. then you can spend $2k a month but you would have to try to find a place that expensive.

To give perspective in Chicago $4k a month can you get a modern 3,000 sqft home or the penthouse in a swanky building vs a studio/ 1br in SF.

Re:$1.6B in funding and $7B in exits: Chicago tech just had ... by selectodude on Saturday January 24, 2015 @10:21AM (#8939775)
If a 10 minute subway ride to Wicker Park is too far outside downtown, I don't know what to say.