So I am a contractor at FAANG in a major US city. I have participated in startups for some time, enjoyed it a lot, gotten to a YC interview once (sadly didn’t make it). One of my best buddies is talking about maybe relocating to the Valley (I am on the east coast) and I am very interested in joining him. We both work at the same company on the same project and want to pursue our remote contracts while giving our side projects a better chance at growth. We really enjoy remote work so location never was an issue. However, I do think there is a lot of validity to relocating. Any input would be greatly appreciated.
I'd advise you to move. You will have greater economic opportunities if you are collocated to the HQs of the highest paying tech companies. NYC was a disaster in the 80s but a change in government greatly enhanced the security and livability of the city for someone in your cohort. SF and the bay area in will most likely transition over time in these dimensions. I have a sense that the companies and funding opportunities will remain.
Personally I moved out of the Valley and into NYC. SF was pretty bad in terms of homeless encampments but this seems to be getting worse, as well as all the other reasons of not having as much walkability as other cities (who doesn't love those hills) and not as much public transport. There's also not nearly as much to do in SF or the Valley as NYC in my opinion.
I moved to the valley for a FANG opportunity a few years ago.<p>Honestly, it’s not my cup of tea. Recently changed jobs to a company that supports full time remote so I can move somewhere with a better chance for a balanced (enjoyable) life.<p>Personal opinion, your mileage may vary etc.