[TimPC]

Unless you think money is being spent in a way that is anti-correlated with engineering quality the places providing the most savings are going to attract more of the best engineers. I think that is still the Bay Area as most analyses of savings I’ve seen exclude RSU’s which is a big factor here. The huge influx of talent seems to agree. To me it seems rather extraordinary to claim that an area with limited amounts of inward talent migration and fairly substantial outward talent migration is going to beat an area that consistently hires from all over the world. This is a statement about distributions and pools of talent: there are small numbers of extremely talented engineers everywhere. It’s a lot harder to find a critical mass of world class people.