Live data from Hacker News

Silicon Valley exodus: Bay Area tech companies leaving for Texas

ktvu.com

121–130 of 622 posts

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

#121
post #18
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…

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.

The general logic is left leaning policies end up creating the problems that people do not like with California. Climate change paranoia, massive spending on things that never materialize, failure to upgrade infra, idiotic restrictions on private businesses and so on.

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

#122

Earlier quoted context omitted.

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+.

Idk if that's fair to Walmart, they are definitely trying to compete with Amazon via new efforts.

I don’t disagree that Walmart is making strides on the online shopping front but I also think they are only fighting for survival/relevance and would not produce anything new or interesting without this pressure. In contrast, companies like Amazon relentlessly develop new products and new technologies (see AWS). It’s not a response to external pressure — they don’t need to innovate to stay alive. They really embody the disruptive ambition / anything is possible mentality that fuels Silicon Valley. I sound like an Amazon fan boy but I’m the opposite haha just pointing out a difference in the DNA of these two companies.

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

#123

I 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.

Homelessness is not unique to Caliifornia. Seattle and Portland have a big problem with it too. Heck, I’ve seen homeless in rural Indiana by the river and in London. California doesn’t have an answer to this, and I haven’t seen any proposals from either the right or the left that seem viable, but if Texas is so great maybe we should ship the homeless there.

There are 28,995,881 people living in Texas vs 39,512,223 in California. There are 151,278 homeless in California vs 25,848 in Texas.

Is homelessness a problem in Texas? Yes, but it isn't remotely as bad as California. And of course, then there are states with nearly non existent homelessness.

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

#125
post #72
post #62

Earlier quoted context omitted.

Are the people who are leaving the same people who vote for these policies? I suspect tech people who might move to texas are strongly YIMBY, not NIMBY.

There are pockets of Nimby in Texas - truth to be told Austin is one of the most Nimby cities in Texas. The only good thing is unlike Bay Area - the Cities in Texas a primed for outward sprawl.

How is public transit in Austin? Scalable for urban sprawl? I don’t know much about it from an on-the-ground POV

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

#126
post #87

Earlier quoted context omitted.

What do low property taxes have to do with high rent and lack of housing? Higher property taxes would result in higher rent and property prices...

NIMBYs oppose new construction because it keeps their property values high. They don't care about property values ballooning because they pay property taxes on the assessed values from when they bought, which is often decades ago, due to Prop 13. Prop 13 in general keeps things stagnant. For another example, there is no incentive to renovate/tear down/rebuild bigger because now you will pay significantly higher prope…

> NIMBYs oppose new construction because it keeps their property values high

No, they just don’t want their neighborhoods to change (read: poor people, more traffic). I don’t think most of them are frankly thinking about their property values because it’s just not super relevant, thanks to prop 13.

> For another example, there is no incentive to renovate/tear down/rebuild bigger because now you will pay significantly higher property taxes. Single family homes don't get turned into denser properties.

There is a ton of incentive to build more units: for one, you could sell them for a ton more in aggregate! But there is also a huge disincentive that is not prop 13: zoning laws that prevent basically any increase in density in some absurd fraction of California, especially absurd in central areas and inner ring suburbs.

Prop 13 is definitely an issue, but it’s not the dominant one for the effects you describe.

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

#127

This general topic seems to come back into focus on a regular basis on HN (last time, 1 week ago). People have been leaving SV in numbers for the 30 years I've been here, always citing traffic & cost of housing as the primary reasons. Though this time, you could add decriminalization of petty crime. Nonetheless, the population growth remains net positive. The fundamental design of the Internet was to be robust agains…

> Nonetheless, the population growth remains net positive.

In 2019, California had negative population growth.

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

#128
post #38

Earlier quoted context omitted.

"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.

They’re evergreen anywhere you find people who low-key wish they could live in CA but can’t. It’s weird; just enjoy your state and do the best to make it better. Truly don’t get why people who don’t live in CA have so many opinions about it. Most states have problems on par with their economic power and population size; not much more too it than that but “hurr liberal policies are gonna ruin the whole country!” get t…

It's because CA has perfect weather which is the one thing that is completely impossible to replicate anywhere else.

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

#129
post #27

Earlier quoted context omitted.

They will probably favor them in the beginning but I think a lot of that comes from the SF bay area echo chamber. Getting exposure to different cultures will probably average things out more politically leading to greater acceptance and diversity of thought.

It is worth noting that the Bay Area is impressively diverse already, especially when considering how remarkably not-diverse cities were not that long ago. Cities like San Leandro went from 99.3% white in the 60s to having no racial majority today. I'd argue that one should step out of their tech bubble and experience the awesome cultures that already exist within the Bay.

Ethnically maybe. But in terms of diversity of opinions and tolerance of those opinions it's actually much worse that other places in the country I have been.

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

#130

Earlier quoted context omitted.

What particular policies did people vote for that contributed to their reasons for fleeing?

The LA mayor is telling people to not walk outside because of covid. If thats not absurd big liberal govt policy idk what is. Who would want to live somewhere where the govt thinks they can do that. Your rights as a person dont vanish in a crisis. https://fortune.com/2020/12/03/los-angeles-new-lockdown-rule... dannyincolor - He issued an order. Its not an ask. This isnt a where you live thing, this is a govt overstep…

*asking people to.

Also, public health policies have to track with population density.

This would be a massive encroachment on freedom in rural Texas or somewhere of that nature, but is a reasonable ask in the most populous city in the country.

Post reply on HN