At least, according to this
SFGate article.
"Competition for cloud computing engineers, security experts and mobile developers as well as sales professionals in the technology industry has gotten so fierce in the past six months that companies are going to greater lengths to woo prospective employees. They're throwing lavish parties, handing out free food at conferences, doling out $50,000 signing bonuses, and offering perks such as free haircuts and medical care at the office."
Sounds like the late '90's all over again. My own casual research also shows a sharp uptick in the quantity of tech and tech-related jobs here locally. So I thought I'd post this for our job-hunting 'Raffers in case a move to Silicon Valley or San Francisco is doable.