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Thursday, January 13, 2011

Twitter Considering Moving Out of San Francisco

Posted By on Thu, Jan 13, 2011 at 8:06 AM

click to enlarge Follow Us To Brisbane
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Mayor Ed Lee admits that he doesn't use Twitter, but maybe he is feeling the pressure to start tweeting now.


The social media company is still growing, so much so, that it might dump San Francisco and move its headquarters down south. 

Media reports say that Twitter Inc. needs more space and is looking at moving into the former Walmart.com campus in Brisbane, a city of 3,500.

But losing Twitter would almost certainly slow San Francisco's momentum to become a high-tech hub. Just last year, the city was outpacing San Jose in courting venture capital dollars. 


Jennifer Matz, Lee's economic development director, tells the Chronicle that they are piecing together an incentive package with tax breaks -- anything to get the company to stay here.


As they should. 

Follow us on Twitter at @TheSnitchSF and @SFWeekly 

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About The Author

Erin Sherbert

Erin Sherbert

Bio:
Erin Sherbert has been Online News Editor for SF Weekly since 2010. She's a Texas native and has a closet full of cowboy boots to prove it.

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