Delian Asparouhov, like many tech workers in San Francisco, was fed up with his city.
The 28-year-old Founders Fund partner had dropped out of MIT and moved to the Bay Area in 2013, when he says it was still a relatively affordable place to live, brimming with brilliant weirdos and young startups. But by 2020, Asparouhov had grown disenchanted. Taxes were high. Rents were astronomical. Tensions between those who worked in tech and those who didn’t had boiled over. Activists and local politicians regularly excoriated the tech class for gentrifying neighborhoods and pricing out longtime residents.
“It’s not a particularly great experience when you’re paying shit tons of money for rent and yet you’re the villain,” Asparouhov said.
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Originally published on Quartz : Original article