I've heard it's the top reason besides the mild weather. No non-competes mean that companies have to pay you to keep you, otherwise you walk across the street.

I've heard it's the top reason besides the mild weather. No non-competes mean that companies have to pay you to keep you, otherwise you walk across the street. This creates the high-pay-for-tech thing that we've seen for the last few decades. Well paid tech types can afford to take time off and create startups and pinch talent in lieu of equity