Reed Jobs says Silicon Valley’s 'energy' has moved to San Francisco thanks to post-pandemic office prices
By
Katherine Li
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Reed Jobs says SF's darkest period helped fuel its latest tech boom
Reed Jobs, whose venture firm is in SF, said that cheaper pandemic-era offices made the city easier to build in for the new AI tech boom.
TL;DRAI
SF's post-pandemic real estate crash repositioned tech hub northward—OpenAI, Anthropic now occupy design district spaces ($59/sqft) versus Silicon Valley sprawl. For CTOs, signals new AI venture epicenter: startups prefer low-cost, reconfigurable, collaboration-ready spaces for agile teams over sprawling campuses.
454 words~2 min read
