On the other hand, getting to a point in SF from the freeway and parking usually takes at least 30 minutes (in addition to the 30+50 minute drive from the starting point in the South Bay or Peninsula). SOMA area is reachable by Caltrain, but Caltrain is unreliable, doesn't run as frequently nor is SOMA the only place where people have offices (and walking to further reaches of SOMA, or the area of Market, or FiDi is an often dangerous - especially at night - 20-30 minute walk).
Daly City is reachable from SF by BART, but that supposes you live near a BART station in SF and the Daly City office itself is close either the Daly City or Colma BART station. In general I'd say it's easier for an SF resident to get to certain parts of Daly City (those accessible by part or by San Mateo county buses running from SF are easy if you live near BART) than it is from someone in South Bay to get to SF. Driving is very easy if you live near 280/35/19th Avenue -- getting to Daly City from Mission especially is not particularly difficult).
That brings the cultural issue: different people prefer to live in SF vs. South Bay or Peninsula (some live in one place whereas they'd prefer to live elsewhere, of course). To hugely (but completely meaninglessly) over-generalize you can imagine the Peninsula as the OSI stack: physical and network layers are further south, middle-ware is in the Peninsula (Oracle in Redwood City), and presentation (end-user applications like AirBnb) are in SF (again, this is only loosely so: there are web app startups in South Bay and there are systems and middle-ware companies in SF). Intuitively it makes sense: I can't imagine starting a Foursquare in San Jose (there isn't a critical mass of people -- not all of them geeks -- cloistered around any given landmark to gain sufficient traction).
In many types of companies, you want both: which is why companies always seek to locate in either transit accessible parts of South Bay/Peninsula (Mountain View, Palo Alto, San Mateo downtown areas), run buses, locate in SoMa, or have multiple offices (this sounds like a "no-go" for Reddit, but Square, Google, Twitter, LinkedIn, and my own employer -- Cloudera -- all do this). Yet, if a company has a very strong SF-oriented identity (at least for its Bay Area office), a compromise location (especially if the compromise isn't just an SF office near 4th and King) could definitely upsetting existing employees who might also feel that they are no longer as valid as potential new employee the company wants to hire from South Bay.
oops.
(Background: I'm deep in South Bay, but that's taste and preference not an absolute view I want to impose on others).
It's not uncommon for a startup's initial userbase to be geographically far removed from the company's headquarters. Facebook's was in the Ivy & NESCAC colleges in New England even after the company moved to Palo Alto. AirBnB's was in NYC. Twitter, I've heard, took off in Austin after SxSW. Orkut got Brazil despite originating in Mountain View. WhatsApp first took off in the Ukraine and then India, also despite being based in Mountain View.
I don't know why this is - intuitively, I'd expect it to be where the founders are, because that's who they can directly talk to. But the data doesn't seem to bear that out. Maybe it's because of random chance - if you model a successful startup as a cluster of users who happen to have an unfulfilled need and an entrepreneur who happens to stumble upon the solution to that unfulfilled need, then it makes sense that many initial userbases will be geographically separated from the company simply because there are more people far away from you than people close to you.
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 post-war American suburban drive was in large part driven by economics and policy. Mortgage subsidization from the 30s with the Home Owners' Loan Corporation and the GI Bill in the 50s made loans available to mass consumers, while the HOLC's discriminatory redlining policy and the deindustrializing of cities (driven chiefly by lowered shipping costs) caused dense urban areas to become less desirable.
Mixed in with this you also had suburban-oriented urban planning (lots of highways, little public transit investment), brand new car driving infrastructure, low energy costs, lots of cheap land to expand to and in the 70s and 80s rising urban crime.
If you were looking to live somewhere, you had lots of incentives to prefer the suburbs. Today, most of these trends (energy cost, crime, job markets) have changed course.
Any real world class metropolis like Hongkong, Shanghai, Tokyo or New York would blow SF out of the water in the "cool, fun, sexy" department.
Compare Hong Kong, Shanghai, Tokyo, or New York City to Daly City and then tell me where San Francisco falls on the scale.
http://www.yelp.com/search?find_desc=coffee&find_loc=San+Fra...
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.
Was that board's decision, or Wong's?
Apparently it is "you might have to wear a jacket".
edit: Also -- sample size of 13 -- 70+% of the people I know who bike commute daily have been hospitalized. I also know someone who did 6 months in a nursing home after some bitch ran a red light, hit him, and cracked his pelvis; he won multiple surgeries and the inability to stand up for months.
My mom routinely does 100 km trips and she's in her seventies.