Foursquare is opening an office in San Francisco. On the one hand, this is great news, because it means the NY-based startup is expanding fast.
On the other hand, it’s kind of a downer, because as Foursquare made explicit in a blog post, New York’s tech scene just couldn’t provide the talent they needed to grow.
In the past year, we had a major growth spurt: from about 100,000 to over 4.5 million users; from a single phone platform to six; from 50-person foursquare flashmobs to 1,000 person epic swarms; and we now have thousands of developers building on the the foursquare API. The biggest challenge: hiring fast enough to support that surge. Despite growing from 5 employees to 35, we can’t expand as quickly as we want.
So, to help attract the best talent in the world, we decided it’s time to open an outpost in San Francisco…So, if you love Mission-style burritos, temperate climates, and want to work on some of the most exciting data and engineering problems in the world, contact us.
New York’s tech scene continues to grow in size and stature, but when it comes to engineering talent — especially for the more complex data problems — Silicon Alley just can’t compete with the Valley.
bpopper [at] observer.com | @benpopper