I'm semi-surprised that many people considered SF and SV synonymous. I moved to Palo Alto in 84 and they have always seemed to have quite different technical cultures (though SF has changed a lot more over the years in that regard than the valley has). I did at various times live in SF too but the pull of the Valley was too strong.
There have been VCs in SF for almost as long as there have been VCs BTW. Hummer Winblad was the first to set up in then-sleepy Southpark back in the mid 90s (before then the SF investors were mostly in the financial district) and there were a lot of VC satellite offices opening up in SF in the late 90s for the 2000 internet boom. Since about 2000 every one of my companies has been funded by a mix of SV and SF investors.
I was surprised last year to read that SF funding exceeded SV funding by a large amount on a dollar basis. I assume that reflects the costs of trying to rapidly scale retail businesses.
Considering you can't even spell the name of the region (after two attempts), I doubt you're in a position to correct someone whose knowledge of the region goes back to 1984.
Yep I definitely would not consider going from Silicon Valley to SF an "exodus". Here I was expecting them to be fleeing to actual different places like Seattle, Austin, Boulder, etc.
Bronx to south Brooklyn are also as far apart as SF and Mountain View. Though you are right about lifestyle, I'd say culture is pretty much the same, at least for techies.
People who don’t live here decided to conflate SV and Bay Area.
At some point people just gave up on correcting people on where Silicon Valley is. Personally, I think of “the peninsula” and “Silicon Valley” as being the same things, but apparently some folks think anything north of Redwood City doesn’t count.
Not much anyone can do about it, the name doesn’t actually map to a specific municipality.
I work in Seattle tech and would say generally that we use SF, Bay Area and SV interchangeably to refer to refer to both the Valley and City of SF combined.
There have been VCs in SF for almost as long as there have been VCs BTW. Hummer Winblad was the first to set up in then-sleepy Southpark back in the mid 90s (before then the SF investors were mostly in the financial district) and there were a lot of VC satellite offices opening up in SF in the late 90s for the 2000 internet boom. Since about 2000 every one of my companies has been funded by a mix of SV and SF investors.
I was surprised last year to read that SF funding exceeded SV funding by a large amount on a dollar basis. I assume that reflects the costs of trying to rapidly scale retail businesses.