|
San Francisco attracts startups and talent because it's a cool, fun, sexy place to live. Bright young talent demands those sorts of conditions. Daly City is a suburban hellhole. If “cities” like Daly were desirable places to live, Provo, Utah and Tacoma, WA would be IT meccas. The traffic in that region guarantees an ungodly commute by car for anyone who wanted to stay in SF and drive to Daly for work (1 hour commute = $40k in pay worth in happiness http://www.npr.org/2011/10/19/141514467/small-changes-can-he...). The public transportation is… lacking. I can’t speak for Yishan’s motivations, but if I were on the board, I would push for his replacement simply due to the talent attrition that would inevitably occur if he got his way. |
The guy grew the company 5x. I don't think attrition is the issue.
I assume he left because it wasn't his company anymore, it was run by the board. If the board can override his will as CEO and accept losing the CEO over office location, that by default means the board did not really value him. I would expect that hurts. Some things you can't prove with data, these are subjective decisions that fall into the realm of a CEO's responsibilities to look out for his team. It wouldn't be so far fetched to believe that Yishan felt that the board did not allow / trust him to do his job.
It's almost certainly not really just about office location.