I always remember the answer from my boss to this question 4 years ago.
I'm living in Europe and I'm working in the tech industry. We were in a business trip in Asia with people from different countries and everyone had his own different answer.
My boss, living and working in SF Bay Area, answered:
"The Bay Area. I'm already living and working in the best place."
Is there a fallacy name for this? i.e., asking a question that suggests something ("investment bankers have this feeling") as a premise, that may be not true.
"If you're fine with budget basics, hit all the hotels along El Camino "
Unfortunately the budget basics are not so budget during Google IO. Prepare to spend big bucks if you want to stay close to Mountain View: I booked Best Western Inn in Mountain View (El Camino) for 300$ (!) per night (taxes included). Not to say that all hotels suggested by the Google IO page were quickly full booked.
For the week-end I'm moving to SF where there was much better hotels deals.