271–280 of 622 posts
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Agreed. They're companies trying to avoid taxes or regulation. Only companies on the downslide really consider that as an relevant option.
Like TSLA?
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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…
I live in Chicago so I know that feeling. We’ve been on the cusp of dying since the 1970s.
Not all cities end up like Detroit. Some just fade into irrelevance.
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Idk if that's fair to Walmart, they are definitely trying to compete with Amazon via new efforts.
Before Amazon took the crown of using technology for ruthless efficiency, Walmart was king. I remember reading articles 10-15 years ago about how the minute someone scanned an item at the cash register, Walmart's inventory systems, which knew what product was on what shelf and in what quantity, would automatically order refills from the supplier. They have always been highly innovative and tech savvy when it comes to…
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.
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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.
I guess you're implying that old people are the reason for high housing prices in SV. Respectfully, what are the bad policies my parents are responsible for, besides pioneering the technology that makes you want to live in SV? And buying a house for 85k in a nice neighborhood in order to do so, without forseeing that Facebook and friends were going to move in and make their house unaffordable were it not for the prot…
The local government committee meetings on these matters is predominantly filled by two groups of people: those same seniors, and people who are effectively independently wealthy. It's NIMBY-ism all over the place here driven primarily by the wealthy and the old. I don't know if it's the same in other communities or towns in this area, but that's what it is here.
High taxes, regulations for everything, the government running every part of your personal life, cancer labels on everything... seems like a dream come true. What went wrong?
My fear as a Texan is that they're just coming here to spread the "good word".
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> Nonetheless, the population growth remains net positive. In 2019, California had negative population growth.
Citation?
https://www.politico.com/news/2020/05/05/california-populati...
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Like TSLA?
Correct me if I'm wrong but I believe only Musk is moving to Texas, not Telsa. Thought at this point they are basically one in the same.
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 prima…
Then COVID hit and we had no other option. Everyone went WFH and tech CEO's realized a few weeks/months in that no, their org isn't imploding, it's actually doing pretty damn well.
Now all these tech CEO's are starting to look around and wonder, if my companies productivity didn't drop off a cliff, why should I be paying for this super expensive office space?
Tech CEO's were told this lie that WFH will lead to a catastrophe in their company, all these office closures and moves seem to be a reflection of leadership calling the bluff on this.