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Tell that to the millions of your fellow citizens who are unemployed. California can be a great place to start a tech or entertainment company while being a mis
by natrius 16y ago
Tell that to the millions of your fellow citizens who are unemployed. California can be a great place to start a tech or entertainment company while being a miserable place to run any other type of business. Inertia is the only reason it's still good for those sectors. That state's current trajectory is unsustainable, so something will have to change for it to still be a great place to start a tech business in twenty years.
- impendia 16y agoTech is very different from most other businesses. Say you manufacture toilet paper. Then you probably do want to locate your business in some state with friendly tax policies, and where you will find a ready supply of workers who will be quite happy to work for $12 an hour. But for economic reasons, good tech people have the ability to be picky. They can move anywhere, and most of them prefer to live in beautiful places with a lot of diversity and culture. Hence places like the Bay Area. True, you can't buy a house here for a sane amount of money, but that doesn't matter either to the very rich, or to the very ambitious (who are happy to cram into some tiny apartment in their twenties). Meanwhile, the successful and ambitious will draw many others who wisely choose to follow the action. California has a dysfunctional government, but it has a lot of things going for it. Silicon Valley isn't going anywhere anytime soon.