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| Decentralized Talent - DigitalAsian |
With Palantir's announcement that they are moving from Palo Alto to Denver, brings into focus the whether you need tech hubs, such as Silicon Valley, where you get all the tech and engineering talent in one place. Denver also has offices for other Big Tech firms.
Silicon Valley has faced the problem of high accommodation costs for some time. With 'working from anywhere' and remote working now common. Companies are re-assessing their commercial office space requirements. And tech talent can become less centralized and more decentralized.
But, tech hubs, like Silicon Valley, not only have tech talent but also the VCs that support them and other necessary services to support and foster a good environment for commercializing ideas. Also, the quality and cost of the digital infrastructure matters. Locations where the digital infrastructure is good will fare better than others.
Will tech talent continue to be drawn to Silicon Valley and other tech hubs?
(Photo: Christina @ wocintechchat.com on Unsplash)
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