> In NYC, billionaires are like supervillains. Nobody particularly likes them (outside of select finance bros), and people openly express disdain for them and their greed.
I think you may be confusing 'power' or 'impact' with wealth in this take.
Paul Graham wrote about this in a blog post [1].
In NYC, being rich is cool, even if you just inherited it all. Having lived 12 years in NYC, I agree wholeheartedly. It's what everyone aspires to have; the Tribeca loft and the Patek watch.
In SF, PG wrote that nobody cares that you inherited a bunch of wealth unless they're a real estate agent. I think this is true — flashy wealth isn't impressive in SV/SF. Impact and power and the scope of what you've built and created is what's impressive, for better or worse. (I just moved to SF for this reason).
I think you may be confusing 'power' or 'impact' with wealth in this take.
Paul Graham wrote about this in a blog post [1].
In NYC, being rich is cool, even if you just inherited it all. Having lived 12 years in NYC, I agree wholeheartedly. It's what everyone aspires to have; the Tribeca loft and the Patek watch.
In SF, PG wrote that nobody cares that you inherited a bunch of wealth unless they're a real estate agent. I think this is true — flashy wealth isn't impressive in SV/SF. Impact and power and the scope of what you've built and created is what's impressive, for better or worse. (I just moved to SF for this reason).
[1] https://paulgraham.com/cities.html