When I was at a startup many years ago, we were so busy that no one had time to take advantage of the various entertainment and cultural offerings of the Bay Area or Silicon Valley during the week. It was only on the weekends that we might have time to take a break and go out to a nice restaurant, or a show, or a club, or whatever. Best someone might do during the week was catch a movie.

Given this, what's the point of putting the company there? We could have put the company in Modesto or Stockton, where people could live in much nicer homes during the week (and the company would pay a lot less for office space), and they would save so much in living expenses that even if every weekend they drove to San Francisco and stayed in a nice hotel and ate every meal at a nice restaurant, they would still come out ahead.