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Summary List PlacementHello everyone! Welcome to this weekly roundup of stories from Insider from Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday. Read on for more on Silicon Valley vs Texas, the MyPillow guy, and President Joe Biden's White House staff. Read time: 4 minutes. Hello! Attention has turned to President Biden's stimulus plan following his...

Summary List PlacementSome VCs have been declaring that San Francisco is over, and now they have the numbers to prove it. Despite record-breaking investment in the venture capital industry, the Bay Area saw a sharp decline in angel and seed deals in 2020, according to a report by Pitchbook and the National Venture Capital Association. In 2020, San Francisco reached only 81.2% of the...

Summary List PlacementIn the beginning of 2020, my friend's wedding was postponed due to the pandemic, so my close friend Coco Chan and I thought it would be nice to throw her and her fiance a cute picnic to celebrate their original wedding date in early October 8. @jaucccy set up a wedding anniversary picnic with me 💍🥂✨ ##fyp ##luxurypicnic ##picnicdate ##dateideas ##thingstodoinsf ##sf...

Summary List PlacementEarly Friday morning, police were called to House Speaker Nancy Pelosi's San Francisco home after vandals defaced the garage door and a severed pig's head, covered in fake blood, was left on the driveway. The white garage door of the Pacific Heights property was covered in graffiti. It read: "$2k CANCEL RENT!" This is most likely a reference to Pelosi's proposed ¢2,000 stimulus checks....

- Summary List PlacementIn San Francisco, idle cable cars, rents in free fall, and "for lease" signs on bars tell a story of a city on the decline. But the supposed permanent exodus of tech talent out of the region has been way overblown, startup insiders say. We won't know how many people left the Bay Area until after the release of the 2020 census...

Summary List PlacementA company has reportedly created a work messaging channel full of Y Combinator founders who have relocated from the San Francisco Bay Area to Austin, Texas. Initialized partner Kim-Mai Cutler tweeted about the group on Thursday and told Business Insider in an email that the Slack channel was created by one of the VC firm's portfolio companies. The group, Cutler tweeted, had...

Summary List Placement Two big cities are clear losers from the coronavirus pandemic: New York and San Francisco. But that doesn't mean that people who live there are losing out — quite the opposite, actually. Shuttered schools and offices, coupled with fewer options for cultural activities, have forced many city dwellers to consider whether or not they are willing to pay notably astronomical Manhattan...

Summary List Placement The 2020 wildfires are some of the worst in the history of the West Coast. In recent weeks, dozens of fires have lit up California, Oregon, and Washington, burning both rural and suburban communities — more than 5 million acres, per The New York Times — while blanketing cities in smog. Nighttime skies turned eerily, apocalyptically orange.  Simply put, the fires...

Summary List Placement In November, San Francisco voters could potentially grant voting rights to 16- and 17-year-olds in local elections, which would be a first for a major US city, according to NBC News. A similar measure, which would have amended the city charter to lower the voting age in municipal races, was narrowly defeated by city voters in 2016, losing by a 48%-52%...

Summary List Placement  SEE ALSO: An eerie orange sky has blanketed San Francisco and residents are comparing it to 'Blade Runner' and post-apocalyptic films NOW READ: Striking photos show wildfire smoke turning the sky orange over San Francisco BEFORE: Sunrise illuminates Zuckerberg San Francisco General Hospital and Trauma Center, seen with the Bay Bridge in the background. Source: Reuters AFTER: The same view is completely obscured...

Summary List PlacementThe coronavirus pandemic led 2020's Burning Man, planned for the week leading up to Labor Day, to go virtual for the first time in 30 years. But this didn't stop thousands of fans from holding their own makeshift festivals. Despite social distancing guidelines and restrictions on in-person gatherings, crowds of Burning Man's most avid fans were spotted celebrating the festival on beaches...

Summary List Placement On the northwest corner of San Francisco lies the exclusive neighborhood of Sea Cliff. It was founded in 1913 as one of the city's residence parks, or makeshift suburbs. It's become one of San Francisco's most elite residential areas housing prominent figures, including Twitter and Square founder and billionaire Jack Dorsey. Visit Business Insider's homepage for more stories. If you need...

Summary List Placement House Speaker Nancy Pelosi said on Wednesday that she was "set up" by the San Francisco salon that leaked footage of her at a hair appointment the previous day.  "I take responsibility for trusting the word of a neighborhood salon that I've been to over the years many times," Pelosi told reporters on Wednesday. "When they said they were able to...

The CEO of a San Francisco tech startup was caught on camera aiming a racist rant at an Asian family at a California restaurant over the July Fourth weekend. Solid8 CEO Michael Lofthouse can be seen and heard saying "Trump's gonna f--- you" and "you f------ Asian piece of s---." One of the family members posted the one-minute video on Instagram with a caption...

San Francisco Mayor London Breed said in the coming months, professionals would respond to non-criminal calls instead of officers. The move is part of a four-part plan to limit police confrontation. It comes after weeks of protests following the death of George Floyd, where protesters have called for defunding police departments and increasing community services.   Visit Business Insider's homepage for more stories. Police will no...

Online personal styling retailer Stitch Fix is laying off 1,400 California employees, or about 18% of its total workforce. The employees affected can stay with the San Francisco-based company if they relocate — Stitch Fix will start hiring for 2,000 positions in lower-cost cities this summer. The company said the layoffs are not related to the pandemic, but the public health crisis has dealt...

California counties are sheltering homeless residents who are infected with COVID-19, or at high risk of getting infected, in hotels and motels. In the Bay Area, San Francisco and Contra Costa counties are offering alcohol to guests who might otherwise experience withdrawal. San Francisco is also allowing guests to purchase their own medical cannabis, while Contra Costa is purchasing tobacco for guests out of...

Salesforce paid $145 million for a building in San Francisco in March. The century-old, five-story building sits across Mission Street from the company's behemoth Salesforce Tower. The transaction closed on March 17, the same day that the Bay Area entered a shelter-in-place order to contain the coronavirus disease. As thousands adapt to remote-work culture, employers could use office space differently once shutdowns are lifted....