By The FirstCotopaxi CEO Davis Smith is done with San Francisco —too much crime. Smith wrote a scathing “so long” letter to the Golden City, saying the city had “descended into a city of chaos.”
Smith posted the letter on LinkedIn.
“Our team is terrified,” Smith wrote in a lengthy note. “They feel unsafe. Security guards don’t help because these theft rings know that security guards won’t/can’t stop them. It’s impossible for a retail store to operate in these circumstances, especially when cities refuse to take any action (despite us paying taxes well above any other state we operate in).”
“As of today, we are closing the store due to rampant organized theft and lack of safety for our team,” Smith wrote. “Our store is hit by organized theft rings several times per week. They brazenly enter the store and grab thousands of dollars of product and walk out.”
From The Daily Wire:
During the first week the store was open at 549 Hayes St., thieves smashed its windows and looted it. Smith said he had the windows replaced four times before finally putting up plywood. The store tried keeping its doors locked during business hours, allowing only shoppers to enter. But Smith said organized teams would send in a woman to pose as a customer, then sneak in behind her to steal.
“It’s sad, but San Francisco appears to have descended into a city of chaos,” Smith wrote. “Many streets and parks are overrun with drugs, criminals, and homelessness, and local leadership and law enforcement enable it through inaction.”
