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Old 10-05-2018, 08:42 AM
 
42 posts, read 21,031 times
Reputation: 38

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Thanks for posting the video, it appears to be nicely produced and attractive. I'm seeing modest growth in the local tech scene, matched by Remote tech workers (like me) moving here. One thing the video exposes is that I'd HATE to work in all those open concept workspaces, which just don't work. See this study from Harvard Business School.
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Old 10-05-2018, 11:46 AM
 
7,029 posts, read 2,624,395 times
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Quote:
Originally Posted by LocalHero View Post
There's two different issues at play here... outside workforce coming in and making Charleston less affordable for the existing population has been going on for decades now. That same effect has also brought opportunity to many in the local population though not for all.

For the bigger picture of Charleston's economy in general, the burgeoning tech scene is a big postitive imo. Manufacturing has helped diversify Charleston's economy which was largely tourist based and it can only be a good thing to diversify further into tech. We just saw how big a hit the tourist economy took from the non-hurricane event.

I missed the memo about the upcoming tech bubble burst. When do you think that will happen?
I have no idea, but if history is any guide, runaway valuations on arbitrary products usually end poorly. It definitely has a bubble feel to it.
https://www.google.com/amp/s/www.cnb...is-coming.html
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Old 10-07-2018, 06:28 AM
 
Location: James Island, SC
2,974 posts, read 2,667,031 times
Reputation: 829
Quote:
Originally Posted by smashsc View Post
Thanks for posting the video, it appears to be nicely produced and attractive. I'm seeing modest growth in the local tech scene, matched by Remote tech workers (like me) moving here. One thing the video exposes is that I'd HATE to work in all those open concept workspaces, which just don't work. See this study from Harvard Business School.

Ha, I thought the same thing. I've never had an office job but can't imagine the level of distraction working in an environment like that!


Quote:
Originally Posted by Ziggy100 View Post
I have no idea, but if history is any guide, runaway valuations on arbitrary products usually end poorly. It definitely has a bubble feel to it.
https://www.google.com/amp/s/www.cnb...is-coming.html

Interesting article. I won't pretend to understand the ins and outs of that economic sphere and I wonder how much of Charleston's tech buildup is tied in to those unicorn companies. What would happen locally if the several of the big techs built on fairy dust suddenly went poof?
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Old 10-12-2018, 03:27 PM
 
16 posts, read 8,287 times
Reputation: 39
The rub that I see here with the work at home who get paid San Francisco income while living in a condo here is if you loose your job, you're not going to make anywhere near what you made with a local tech startup.


Bubble will pop. As interest rates rise, financing becomes more expensive and the pension funds dropping billions into VC will dry up. That, or the recession actually pushes profitability vs. subsisting on debt. I'd be surprised if we don't see one by 2020.
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Old 10-29-2018, 07:18 AM
 
Location: Charleston, South Carolina
9,486 posts, read 13,229,392 times
Reputation: 1996
Tech wages are growing in Charleston, rivaling those of other tech hubs, albeit with higher housing costs.

https://www.postandcourier.com/busin...3c8951987.html
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Old Yesterday, 07:36 PM
 
Location: Charleston, South Carolina
9,486 posts, read 13,229,392 times
Reputation: 1996
A company that just relocated its headquarters here is on Time’s list of the 50 best inventions of 2018. Nanobebe!

https://bit.ly/2DNjunI
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Old Yesterday, 08:30 PM
 
Location: James Island, SC
2,974 posts, read 2,667,031 times
Reputation: 829
A baby bottle shaped like a breast. Why did this take so long to happen?
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Old Today, 05:23 AM
 
Location: Charleston, South Carolina
9,486 posts, read 13,229,392 times
Reputation: 1996
one that preserves nutrients and warms twice as fast
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