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I suspect Ferris's move is secretly more to do with house prices and cost of living. Unless you are actively working in the valley there's no reason to be there
by drcross 9y ago
I suspect Ferris's move is secretly more to do with house prices and cost of living. Unless you are actively working in the valley there's no reason to be there because you can cut your living expenses significantly if your work is location independent anyway. I suspect Tim is on the proud side of admitting this.
- bcaulfield 9y agoLots of people in arts moving there, something which used to give the Bay Area an edge.
- krrrh 9y agoHe was an early investor in Uber, AirBnB, amongst others, not to mention that he’s probably making 10s of thousands per month off his podcast alone. Money is not factoring in to this decision.
- cholantesh 9y agoIn the Reddit thread, he very, very begrudgingly mentioned lower income tax rates in TX, and several Redditors surmised that this was more important than anything else.
- pwinnski 9y agoThe income tax rate in TX is 0%, which is very low indeed.