Live data from Hacker News

Silicon Valley exodus: Bay Area tech companies leaving for Texas

ktvu.com

31–40 of 622 posts

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#32
post #23
post #7

I 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…

I'd imagine the owners will, but who knows about the employees. Liberalization in general is happening through the government schools. Pull the kids out, teach them at home or put them in a private school you trust.

“Liberalization” is a massive generalization and I don’t see what connection you’re making between public school curricula and reasons someone might move out of Silicon Valley. It seems a bit silly to do so.

Besides high housing demand and concentrated wealth, what contributed to the way Silicon Valley is today that has anything to do with public schooling?

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#35
post #7

I 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…

Alternatively, the influx of tech money greatly increases the cost of property in Texas. In turn, senior residents start to no longer be able to afford to keep up their property taxes. Eventually a proposition appears on the ballot to limit the growth of property taxes...

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#36
post #7

I 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…

could you give me like an eli5 explanation of what specific policies you are referring to? I ask this as a left leaning person living in a right leaning state. So from where I sit, I see some of the dumb things my right leaning politicians do but I would love to understand what specific policies people think are some of Califoria's dumbest.

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#37
I am curious if anyone agrees with my take:

HP Enterprise and Oracle did not move because Texas is "more tech friendly." Instead they moved because HPE and Oracle are no longer primarily tech companies. While they do substantial technical work, most of that will remain in SV.

It's sort of the mirror of Apple, which also has a substantial presence in Austin (finance, etc) but is headquartered in SV because it is primarily a tech company.

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#38
post #20

I 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 o…

"Fleeing California" articles are evergreen on HN. I can never tell if there's anything new, or if it's just people voting up the usual nothingburger, presumably to express displeasure with California culture or governmental policies.

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#39
post #16

HP 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…

Yeah literally nothing about Oracle is useful or innovative. It’s like the WalMart of tech companies; just kind of exists and has rested on its laurels for a decade+.

Re: Silicon Valley exodus: Bay Area tech companies leaving for Texas

#40
post #22

Many companies that assumed employees are working from home are discovering large numbers of employees are working from other areas and states.

And they are pulling them back or requesting a full move, using taxes as the reason.
Post reply on HN