Seasons Change But SF Remains #1

In a move that has been called one of the worst kept secrets in San Francisco politics, Mayor Breed tapped Assemblymember David Chiu to replace Dennis Herrera as the next City Attorney. The appointment of Chiu created a coveted opening in Sacramento as Governor Newsom must call for a special election between 126 and 140 days after Chiu officially leaves his Assembly seat. With more announcements guaranteed to roll in, the race already kicked off as two notable San Francisco politicians, Matt Haney, current District 6 Supervisor, and David Campos, current Chief of Staff to District Attorney Boudin and former District 9 Supervisor, announced their candidacies

Despite the rise of remote work, the high cost of doing business in San Francisco, and other (cheaper) cities siphoning off tech companies, the San Francisco Bay Area still reigns supreme in attracting startups according to new research from PitchBook. In fact, venture capital investments in San Francisco remained strong during the pandemic and even set an all-time high this August with investors pulling in $7 billion. The research from Pitchbook explained this trend by focusing on the Bay Area’s unparalleled “network effect” that has pulled entrepreneurs, investors, and tech workers together for decades.