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by manquer 2785 days ago
I am sure Amazon is also already "in" NYC. Having a presence in a important is not the same as moving/adding 50k+ employees/HQ there.

Out of the companies you mentioned I think only Etsy , MongoDB, Seamless are NYC based, all the larger employers such as Google,FB,SalesForce ,Twitter are valley based.

1 comments

No the companies I mentioned don't just have a presence "in" NYC. Google owns an entire city block with some 5K employees. It's the biggest office outside of Mountain View. Spotify's headquarter are also NYC and that some 3K employees. Sales Force also owns a building in midtown. FB has 10 floors. These are not "satellite" offices.

And the point is that 50K people is not some magic tipping point that is going to fix NYC infrastructure issues.

JP Morgan chase has 15K employees in it new building on 270 Park Ave and guess what, NYC infrastructure woes didn't disappear.

I am willing to bet that Amazon also already has significant presence in NYC, while I don't know exact numbers, a reasonable proxy is their job site, it lists around 600 active openings in the NYC, which means they employ 5-10k employees already.

NYC is way too big for any material impact either way by Amazon on infra, however the tech scene could use the boost, while as you point out there is already significant presence from some major folks, this could be potentially be the start of something much larger