4 ms·

I think this is a major news for Silicon Valley. Schwab, HPE, now Oracle. I hope that this would give somebody in California Legislature a pause.

baggy_trough 6y ago
Considering that one of the most prominent legislators literally told Elon Musk to get fucked on Twitter, I doubt anyone is listening.
- Rebelgecko 6y ago
  Assemblywoman Gonzalez is somewhat notorious for being a blowhard on Twitter
- adventured 6y ago
  Fortunately the Bay Area already has a billboard for their future from which they can borrow: https://i.imgur.com/OTFSSFF.png https://i.imgur.com/OTFSSFF.png https://www.historylink.org/File/1287 https://www.historylink.org/File/1287 Tech business will be persistently pulled out of the Bay Area and into other states, Europe is about to see a large tech boom (courtesy of US venture capital) that will considerably harm the dominance that Silicon Valley has enjoyed the past several decades, combined with China continuing to make inroads in most aspects of tech. It's all pointing south for Silicon Valley, it's going to be a very ugly decade there.
  - n13 6y ago
    I agree. I'm not really sure about how much Europe will benefit but I can see other US cities becoming new tech hot spots in few years, not even in a decade. BTW, I tried writing to you via email mentioned in your profile.
- atomi 6y ago
  California is absolutely prime real estate especially for the rich. And if you're a billionaire you're going to have to pay for the privilege. We'd sooner install our own state digital currency before allowing dollar billionaires to bully us.
bsder 6y ago
Actually, I think the reverse. Some of the people who are just sitting in those companies collecting a paycheck have to make a choice now. They either leave the state or leave the company. The good ones are likely to leave the company rather than move. That's going to be helpful to Silicon Valley as it's going to unlock a bunch of brainpower that was sitting mostly idle.

baggy_trough 6y ago

Considering that one of the most prominent legislators literally told Elon Musk to get fucked on Twitter, I doubt anyone is listening.

Rebelgecko 6y ago
Assemblywoman Gonzalez is somewhat notorious for being a blowhard on Twitter
adventured 6y ago
Fortunately the Bay Area already has a billboard for their future from which they can borrow: https://i.imgur.com/OTFSSFF.png https://i.imgur.com/OTFSSFF.png https://www.historylink.org/File/1287 https://www.historylink.org/File/1287 Tech business will be persistently pulled out of the Bay Area and into other states, Europe is about to see a large tech boom (courtesy of US venture capital) that will considerably harm the dominance that Silicon Valley has enjoyed the past several decades, combined with China continuing to make inroads in most aspects of tech. It's all pointing south for Silicon Valley, it's going to be a very ugly decade there.
- n13 6y ago
  I agree. I'm not really sure about how much Europe will benefit but I can see other US cities becoming new tech hot spots in few years, not even in a decade. BTW, I tried writing to you via email mentioned in your profile.
atomi 6y ago
California is absolutely prime real estate especially for the rich. And if you're a billionaire you're going to have to pay for the privilege. We'd sooner install our own state digital currency before allowing dollar billionaires to bully us.

bsder 6y ago

Actually, I think the reverse. Some of the people who are just sitting in those companies collecting a paycheck have to make a choice now. They either leave the state or leave the company. The good ones are likely to leave the company rather than move. That's going to be helpful to Silicon Valley as it's going to unlock a bunch of brainpower that was sitting mostly idle.