If you’re in your 20s (and ambitious) do everything to move to those 4 cities
Yes people will mog you for paying extortionate rents for such little comfort but who cares, you’re not everyone, you’re on a mission, you’re here for greatness
London/NYC/Paris/SF are basically the golden 4. They’re not just big cities, they’re global sorting machines. People move there from all over the world because they want sth badly enough to accept all the downsides. The guy born in London can be lazy. But the 26yo Frenchman, Indian, American, Italian, Nigerian, Lebanese etc who voluntarily accepts the tiny flat, shit commute and absurd rent to be there has already self-selected pretty hard
And that selection compounds. I felt it instantly moving from my hometown in France to London. Growing up I was always “the ambitious one” in my friend group. Then you arrive in London and suddenly you feel extremely average. Everyone is trying to do sth. Completely changes your reference point for what a normal person can achieve
The other thing is just how many serious games are happening at once. If you know at 22 that you’re going to be a semiconductor engineer forever, maybe there are better specialised places. But most ambitious 24yos have absolutely no clue what game they’ll eventually want to play. In London/NYC/Paris you can accidentally become friends with people in PE, startups, politics, law, media, fashion, pharma, academia etc. Your finance friend dates someone in fashion, their roommate is building a startup, you meet someone in politics at dinner. Suddenly 5 completely different lives feel plausible
That’s insanely valuable when you’re young precisely because you don’t yet know which people / industries / opportunities will matter to your 34yo self
SF is the weird exception because it’s basically one giant concentrated bet on tech/AI. Much narrower than the other 3, but that game is so asymmetric rn that it deserves its spot. If you want to build at the frontier there’s probably no other place where your reference class changes that aggressively
And yh everyone keeps saying the internet made geography irrelevant. Maybe for information. Definitely not for trust/friendship. Anyone can learn from the same people online now, send the same cold DM, follow the same accounts. Much harder to replicate being the guy someone has had 20 dinners with, worked with, travelled with, introduced to friends and randomly bumped into for 5 years
When you’re 24 and nobody knows who tf you are, geography can do a lot of the work for you. You get invited because your colleague knows someone. You end up at a dinner because your friend needs a +1. Someone you met 3 years ago leaves and starts a company. Another moves to NYC. Another becomes a partner somewhere. Most of the ROI is completely impossible to predict upfront
Basically before you have your own gravity, borrow the city’s
At 45, if you’ve built the company / reputation / money / audience / network, you can go live in Tuscany, Mallorca, South of France or wherever and people will come to you. At 24 no one is coming lol. You should probably be where everything is happening
And tbh if you have the ability to move I wouldn’t spend 3 years waiting for the perfect job / apartment / timing. Get the shitty room, accept being poorer for a while, figure it out once you’re there. Your 20s are probably the cheapest years of your life to tolerate inconvenience anyway
You can optimise sqm, weather and comfort later
At 24 I’d rather maximise how many possible lives are available to me
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$NVDA Jensen Huang on photonics: adding scale-up to optical domain, “is going to be, well, 15x” to aggregate volume.
Relating to $LITE, $COHR, and laser companies..
“I'm fairly certain the amount of optics that we need in the future will be several orders of magnitude” Huang added.
We’re already in a CW laser bottleneck, but given the time/rate for capacity expansion, I definitely don’t see it meeting the scale Jensen envisions…
Your leading merchant suppliers focusing new capacity toward UHP CPO lasers might also unintentionally make shortages around lower end ranges more severe…
Since even if you don’t reallocate capacity (which Coherent implied they’d do to maximize margins), the demand for lower end ranges increase too as pluggable demand grows.
Anyway, you’re gonna need a lot of lasers and given low BOM cost… this might trigger some fun game theory allocation wars + price hikes for supply
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