Hacker News Reader

A number of successful industries have owed a deal of their success to the fact that they slowly turned into real estate magnates. And not just their property but property around them.

Maybe that suggests that these incubators should be owning rather than renting. Your investment in property is generally going to be recoverable if you have to kick out a failed startup.

View on HN

One of the richest people in Silicon Valley is John Arrillaga.[1] He bought farmland in Silicon Valley and began converting it to office space. About a square kilometer of building floor space.

[1] https://en.wikipedia.org/wiki/John_Arrillaga

And he's father-in-law to Marc Andreessen, making it all look like some Texas oil family.

come on, don't bash Texas. The way Marc Andreessen just talks his book nonstop and ignores anything else would make Wall Steet deathly proud.

Sorry, wasn't trying to bash Texas. Maybe I should have said "Dallas oil dynasty". I haven't seen, read or viewed anything from or with Marc after he left Netscape, so I can't comment on what he's doing these days. All I know is that he's part of a VC.

Reply on news.ycombinator.com