Tyler Le/BI
It was December 2020 in San Francisco and Mike Solana was fed up. In the wake of the pandemic, as many of his friends and colleagues in the tech industry were leaving the city, the anti-tech media was shaping their exodus into yet another hysterical narrative. "There was this idea that tech people had come, extracted all the wealth in San Francisco, and moved on," says Solana, the chief marketing officer at Founders Fund, a venture firm cofounded by Peter Thiel and known for its bets on Airbnb, Palantir, and OpenAI. "The premise was just totally wrong." To set the record straight, he took to his Substack.