Does climate change play an unspoken role in this? Is California is an increasingly unstable place from an ecology perspective?
Silicon Valley exodus: Bay Area tech companies leaving for Texas
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Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#12I wonder if the people fleeing California will end up voting for the same bad policies that are the reason they had to leave in the first place. That is, do they connect the bad policies to the bad outcomes, or will they still favor the bad policies? There is one major area for tech people where Texas may prove a nasty surprise to employees: non-compete agreements. For large employers this may be a bonus though as th…
Maybe that's a good policy that was voted for that they can vote for again in the new location?
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#13Both HPE and Oracle are not moving many people to Texas per the news release so outside of some tax incentives, I am not really sure how this would help Austin and Houston.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#14I know multiple people considering abandoning California due to the homelessness crisis, as the unhoused population (and the problems associated) are expected to increase 10x in the near future as a consequence of the pandemic, with no hope in sight.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#15I wonder if the people fleeing California will end up voting for the same bad policies that are the reason they had to leave in the first place. That is, do they connect the bad policies to the bad outcomes, or will they still favor the bad policies? There is one major area for tech people where Texas may prove a nasty surprise to employees: non-compete agreements. For large employers this may be a bonus though as th…
Texas doesn't have a full time legislature so unlike California the amount of damage they can do is limited.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#16HP and Oracle don’t exactly represent the heart of Silicon Valley today and what makes it special/unique. I actually think zombie corporations like Oracle, companies that haven’t innovated in decades and instead rely on an army of sales people to sell legacy software, are somewhat the antithesis of Silicon Valley which is really about real technological innovation and disruption at it’s core. I know there are lots of exceptions to this somewhat idyllic version of Silicon Valley but at the same time, you can’t really argue that there is a place in the US (or the rest of the world for that matter) that produces more technological advancements than Silicon Valley. I’m not a believer in American Exceptionalism — just stating facts. This is a long winded way of saying who cares if those companies leave, the Bay Area is probably better off.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#17Do these tech companies telegraph their moves in advance or does this sort of thing become public once all is said and done? Is there anything in the public record with elected officials in dialog with the companies that could be examined after the fact?
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#18I wonder if the people fleeing California will end up voting for the same bad policies that are the reason they had to leave in the first place. That is, do they connect the bad policies to the bad outcomes, or will they still favor the bad policies? There is one major area for tech people where Texas may prove a nasty surprise to employees: non-compete agreements. For large employers this may be a bonus though as th…
Is there any evidence that the people moving are responsible for the bad policies? Something tells me the NIMBYs that bought their homes decades ago and pay $3.50 in annual property taxes aren't going anywhere.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#19Does climate change play an unspoken role in this? Is California is an increasingly unstable place from an ecology perspective?
There are many negative things about living in California, but I’ve never heard anyone say that an unstable ecology is one of them.
Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas
#20I think this is over played because the articles get views. First the Bay was in trouble because everyone is going to work from Tahoe and Iowa. Then tech companies continued to lease new office space so we've got to have a different doomsday.
Are the headquarters staff for these three companies vital to the Bay area economy? I'm not too worried.
The more interesting question is which city will have the largest crop of unicorns in the next business cycle. If those companies go remote or hit their hyper growth phase in non-Bay cities there will be something to talk about.