Hacker News Reader

I'm not sure this isn't still a leftover from the original dot-com era bust and the existing real estate bubble issues.

This doesn't seem like a reflection on the state of tech in Silicon Valley (which the title infers) but the state of over-speculation in area commercial real-estate.

This is a good thing for tech companies.

View on HN

There's a lot of space left over from the dot-com run-up, and it's built for a profile of VC-funded startup that's been on the decline since the bubble burst. A lot of the empty space I see in the south bay is of the old 'big open space in the middle surrounded by offices' model that assumes the big, florescent-lit cubicle farm that used to be the norm.

So the space is there, but it's a good thing for a type of tech company that seems to be getting rarer.

Perhaps a better headline would have been "Silicon Valley Commercial Real Estate Speculation Leaves Entire Office Buildings Empty."

Reply on news.ycombinator.com