No, they won't. The VC money is still firmly in SV, and it doesn't appear to be going anywhere. As long as the meme that you have to be in the Valley in order t

No, they won't. The VC money is still firmly in SV, and it doesn't appear to be going anywhere. As long as the meme that you have to be in the Valley in order to get access to VCs is mostly true, then the companies will stay there. Get PG and YCombinator to start moving out of the Valley, and then you'll see companies more willing to do so. Of course, those states will have to enact things similar to California when it comes to employee rights, like refusing to enforce most non-compete agreements.