Reed Jobs says Silicon Valley’s 'energy' has moved to San Francisco thanks to post-pandemic office prices

Reed Jobs said San Francisco's post-pandemic commercial real estate crash became a catalyst for tech companies to grow there. Tayfun Coskun/Anadolu via Getty Images Reed Jobs said San Francisco's affordable real estate is a catalyst for tech growth post-COVID. Jobs said that his own startup, Yosemite, is in San Francisco to be "right in the thick of things." Startups largely prefer affordable and mixed-use spaces that suit small, energetic teams. Steve Jobs' son thinks San Francisco's pandemic-era real estate slump helped shift Silicon Valley's center of gravity up north. Reed Jobs said on the Sabrina Halper Show that Palo Alto and the South Bay were "where all the juice was" during his father's career, when companies including Apple, Google, HP, IBM, and Sun Microsystems clustered there. "And where is the energy now?