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Oracle Moving HQ to Austin

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Re: Oracle Moving HQ to Austin

#341

Post by 762236 »

faizshah wrote: post #265
vzaliva wrote: post #80

Some people lament the decline of Silicon Vally companies like Tesla and Oracle moving out. I argue it could be a good thing. These giant enterprises are not really a pinnacle of entrepreneurship and innovation anymore. Let them move elsewhere and keep the Bay Area nurturing new entrepreneurs and startups. It is huge cubicle farms vs. garages and coworking places kind of distinction.

Another consideration is that non-competes are not valid in CA but are valid in TX. I believe moonlighting is also protected under CA but not TX law.

This is one of the reasons I'm staying in CA. It is a rude awakening when you get the employee contract and it claims ownership of all your ideas and output produced at home. Good luck making a startup in those conditions.

Re: Oracle Moving HQ to Austin

#343

Post by kbhn »

birdyrooster wrote: post #25
rainyMammoth wrote: post #10

How long before all the Californians make Austin the exact same place they fled from?

Average high/low temperatures in the summer for Austin are: June. 92° / 72° July. 96° / 74° August 96° / 74° Average high/low temperatures in the summer for Cupertino are: June. 75° / 55° July. 76° / 58° August 76° / 58° Austin will never, ever be like Silicon Valley because of this. The freedom you get from cooler weather is great from an energy utilization stand point and for allowing safer and more desirable condi…

> Think about whenever you travel to Austin for conferences, it's oppressively hot and you basically travel from one air conditioned building to the next.

Commentary from someone who only visits Texas in the summer is bound to be one-dimensional.

> To me this spells the end of Oracle's supremacy in anything other than selling smaller and smaller volumes of mainframes.

True because average regional temperature has always been a solid predictor of company success, which is why companies like 3M, Cirrus Logic, Dell, Indeed, National Instruments, and Silicon Labs all collapsed after establishing their headquarters in Austin due to talented employees leaving en masse for the beauty of other regions /s

Re: Oracle Moving HQ to Austin

#344

Post by Moto7451 »

muzz wrote: post #315
lscotte wrote: post #202

Earlier quoted context omitted.

This is not correct. I work for a CA based company. I work from home in a different state which is my legal residence. I do not file or pay CA taxes.

How do you get health insurance? Does your company have an office in your state? If not, do they give you Californi-based coverage, with most providers being out-of-network?

My employer provides PPO insurance for out of CA employees. HMO is CA only.

Re: Oracle Moving HQ to Austin

#345

Post by giantrobot »

Lammy wrote: post #319
vincentmarle wrote: post #247

Earlier quoted context omitted.

Same with the Amazon "HQ2" relocation, all of the options that were considered happened to be places where Jeff Bezos owns a home.

Damn I’d just like to own one lol

Back to the salt mines with you!

Re: Oracle Moving HQ to Austin

#346

Post by pwarner »

tidepod12 wrote: post #83
lotsofpulp wrote: post #75

Earlier quoted context omitted.

How does a state export a cost of living? Or are you referring to price increases due to increase in demand? If so, that does not seem like a notable phenomenon.

Californians in LA/SF are used to paying $800k for a house, and the Cali salaries are high enough to support it. A Texan in Dallas/Austin is used to paying $250k for that same house, and has a relatively lower salary to match. The Californians, after years of having higher salary, more savings, and a job that lets them move, goes to Texas and offers $400k for that same house. The Californian thinks it's a great deal,…

Yeah, I mean people with money buying stuff in the free market and prices going up because of increased demand! Yikes! That's California Communism coming to Texas clearly right there!

Re: Oracle Moving HQ to Austin

#347

Post by gautamcgoel »

monocasa wrote: post #104
arrosenberg wrote: post #22

Earlier quoted context omitted.

Somewhere in the Southeast would be my guess. Nashville, or in the Carolinas, maybe.

Asheville would be my guess in that space. Huge beer and art scene. Still a blue dot in a very red state.

Maybe Raleigh/Durham?

Re: Oracle Moving HQ to Austin

#348

Post by hedora »

imbnwa wrote: post #289

One thing that comes to mind in all this relocation commotion is that California isn't just a bureaucratic hassle but its actual physical environment is becoming a health hazard

Totally valid point about California fires, but Texas is arguably worse off.

Travis county’s economy will probably be OK, but they’ll soon regularly have “high wet bulb temperature” days where going outside will kill you.

Also, their agricultural yields are projected to drop 67%, so any vegetation in the parks, etc will probably die off.

https://projects.propublica.org/climate-migration/

(Type “travis county, tx” in the search bar toward the middle to see the projections.)

Re: Oracle Moving HQ to Austin

#349

Post by hotsauceror »

fendrak wrote: post #155
warmfuzzykitten wrote: post #85

Earlier quoted context omitted.

You left out scorpions.

In 12 years in Austin I have encountered zero scorpions indoors, and maybe a single-digit number outdoors. This despite essentially constantly walking barefoot in both. In my entire life in Texas I've been stung by a scorpion exactly one time.

We get about one or two a month here in the summer, in the house. There’s plenty more in the yard. We found one in our daughter’s crib and another stung my wife while we were asleep in bed. We’ve got brown recluse, black widows, and rattlesnakes too. Welcome to Texas!
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