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> I have probably read a hundred article over the last 15 years predicting the demise of both, but in reality the exact opposite happens as California and Bay A
by aylmao 8y ago
> I have probably read a hundred article over the last 15 years predicting the demise of both, but in reality the exact opposite happens as California and Bay Area economy continue to crush the rest.
Maybe I just wasn't paying attention before, but I've read a lot about it lately, especially in the context of New York being the next Silicon Valley. I feel like this was especially true when Amazon was considering it as a location for HQ2, but even now that it's not I keep seeing NYT articles about NYC being #2 in tech (ignoring Seattle, for example) and how it's definitely gonna surpass SV at some point because it's "a so much better place to live", has "so many more creative professionals", etc. This article doesn't say it outright, but it kinda alludes to it making NYC the primary example it compares The Bay against.
- freddie_mercury 8y agoHere's one that is 8 years old: https://www.city-journal.org/html/cali-business-get-out-13419.html https://www.city-journal.org/html/cali-business-get-out-1341... Here's one that is 11 years old: http://articles.latimes.com/2008/dec/18/business/fi-leaving-california18 http://articles.latimes.com/2008/dec/18/business/fi-leaving-... Here's one that is 14 years old: https://www.ppic.org/press-release/are-businesses-fleeing-california-myth-busting-study-says-no/ https://www.ppic.org/press-release/are-businesses-fleeing-ca... Here's one from 24 years ago: https://www.nytimes.com/1995/03/29/us/a-changing-california-emerges-from-recession.html https://www.nytimes.com/1995/03/29/us/a-changing-california-...
- dmode 8y agoThanks for the article links that underscores my point. Somehow businesses are always fleeing California and we have the worst business climate, while at the same time becoming the fifth largest economy of the world, home to 3 of the 5 most valuable companies in the world, and home to the next set of valuable startups.