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232 points ksajadi | 1 comments | | HN request time: 0.001s | source
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ninetyninenine ◴[] No.45141839[source]
I mean despite it's history the snark is well deserved. With so many companies and people in the bay paying taxes, where the hell does all the money go?

Interesting, tidbit you added here. But snark is needed for this situation.

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jeffbee ◴[] No.45142042[source]
It certainly doesn't go to Bay Area software companies. When BART originally began letting out the contract to redesign the then-already-obsolete control system in 1992, they awarded it the Hughes Aircraft. That project failed. The current attempt to deploy CBTC was awarded to Hitachi. The supplier of their fare gate system integration was originally IBM and is now CUBIC, a San Diego defense contractor.

If anything the Bay Area has utterly failed to provide systems software of lasting value to address public needs like these.

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lokar ◴[] No.45142208[source]
Those types of contracts have much worse margins then Bay Area tech companies expect (or aspire to)
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1. jeffbee ◴[] No.45142267[source]
Arguably the Hughes contract had a gross margin of infinity.