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Sam just realizing this in 2019 is a testament to how insulated the millionaire VC class is from the everyday struggles of the of the middle and lower classes.

This is something everyone in my circles have been talking about for 5+ years, it's not a particularly novel take in 2019.



My friends and I have also been saying the same thing since 2013 and boy do people love to bury their heads in the sand. Controversy aside, people called Thiel nuts for moving out of that area

/shrugs


Well saying something is the case for years before it's the case just makes you wrong, not a genius.


He's talking specifically about startups.


His whole point is that the individuals that make up a startup don't want to live in the Bay Area anymore because of cost of living and other factors.




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