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by ohmyiv 3924 days ago
Even with senior members working remotely, they'd still have to pay for an office for the non-senior members. It might be smaller and maybe a bit cheaper, but it's still a high cost. As a business owner, what looks better: $70/sqft or $22/sqft?

If I were working for Lyft, I'd be thinking about moving to Nashville. The cost of living is better and my money will go farther. There's also the whole not-in-a-drought thing. The move also shows me that the company has the insight to not run the company into the ground paying ghastly overhead prices in SF. (I'm not saying it won't run into the ground other ways, but at least it won't be by paying outlandish SF rent prices.)