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> then the situation in California must be deteriorating severely. Hmm… Worlds 5th largest GDP, internationally desirable cities, some of the highest housing

by s5300 5y ago

> then the situation in California must be deteriorating severely. Hmm… Worlds 5th largest GDP, internationally desirable cities, some of the highest housing prices that’s always being bought over asking price, often in cash - internationally acclaimed state wide university system, one of the cultural & academic centers of the nation… I know it’s like, my opinion, but I think the situation in California is fine. I’d look towards the states that have ranked last & near last in education for decades without any movement in a better direction before commenting on California. Even more, for those who do well enough in k-12 in those dead last states… well, they brain drain to greener pastures. Like California.

Mountain_Skies 5y ago
Argentina used to be one of the richest countries in the world. Things looked fine there too, until they longer were.
JPKab 5y ago
How many of the employees in these companies that make the GDP so high were born, raised, and educated in California? You know damned well that it's not many. California is a success because of immigrants from other countries and states. Think about the founders of the current top valuation tech companies in California. How many were raised in California? Zuck? Nope. Maryland. Sergey Brin? Nope, educated in Maryland as well. Larry Page? Nope, raised and educated in Michigan. Steve Jobs was educated in California, 60 years ago, so you've got that. Not relevant to this conversation. What about his successor Tim Cook? Oops, he was raised and educated in Alabama. Reed Hastings? Nope, raised and educated in Boston. So while the above proves your final point, it basically highlights the fact that California does well for structural and historical reasons, like the fact that many VCs required any company they invested in to relocate to the Valley, and other things like network effects.
- reducesuffering 5y ago
  Peter Thiel, Reid Hoffman (LinkedIn), Ben Horowitz (a16z), and many more. While you have some point, the Bay Area only raises so many kids while it's economic engine is unprecedented in attracting intelligent folks from around the world.

by s5300 5y ago

Mountain_Skies 5y ago

Argentina used to be one of the richest countries in the world. Things looked fine there too, until they longer were.

JPKab 5y ago

How many of the employees in these companies that make the GDP so high were born, raised, and educated in California? You know damned well that it's not many. California is a success because of immigrants from other countries and states. Think about the founders of the current top valuation tech companies in California. How many were raised in California? Zuck? Nope. Maryland. Sergey Brin? Nope, educated in Maryland as well. Larry Page? Nope, raised and educated in Michigan. Steve Jobs was educated in California, 60 years ago, so you've got that. Not relevant to this conversation. What about his successor Tim Cook? Oops, he was raised and educated in Alabama. Reed Hastings? Nope, raised and educated in Boston. So while the above proves your final point, it basically highlights the fact that California does well for structural and historical reasons, like the fact that many VCs required any company they invested in to relocate to the Valley, and other things like network effects.

reducesuffering 5y ago
Peter Thiel, Reid Hoffman (LinkedIn), Ben Horowitz (a16z), and many more. While you have some point, the Bay Area only raises so many kids while it's economic engine is unprecedented in attracting intelligent folks from around the world.