Reed Jobs says Silicon Valley’s 'energy' has moved to San Francisco thanks to post-pandemic office prices

Reed Jobs argues that San Francisco's affordable post-pandemic commercial real estate has catalyzed tech growth, causing the industry's energy to migrate north of traditional Silicon Valley hubs like Palo Alto. He noted that startups prefer mixed-use and less expensive spaces, citing examples like the Design District compared to more costly areas such as the Financial District. Jobs believes this upheaval was a natural turning point for the city.