The person they want already exists in SF, because their perfect candidate hits the bullet point 'exists in San Francisco or Silicon Valley.'
As long as everyone continues to believe California is some sort of special, magical place, this will happen. It becomes a self fulfilling prophecy. Everyone goes to California to work at the 'best' places, the 'best' places go to California to get the 'best' people.
It's amazing how many of these 'best' places are run by micromanagers who can not deal with remote workers. So to work at the 'best' places, the 'best' people all have to cram into one physical place to make web apps.