We Are Only As Good As Our Talent-- San Francisco's Modern Day Tech Boom and Future Bust
Surging rents, skyrocketing real-estate prices and booming tech companies––sounds like San Francisco in 2015, right? It also describes the city just before the tech bust of 2000. The Bay Area's tech boom is entering its fifth year now, which is one year longer than the Dot-com boom and bust cycle of 1997 to 2000. That cycle had a number of similarities to the current cycle we're experiencing, but also several differences. In the Dot-com boom, the creation of Internet-based products and services were introduced to the market without a roadmap or any idea of what could be or not be a success. The first boom was also based on the need for programmers and designers, who for most part, were entering a brand new field themselves and had little or no experience.... We Are Only As Good As Our Talent-- San Francisco's Modern Day Tech Boom and Future Bust Starboard Commercial Real Estate