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Texas wants tech to replace some of its dependence on agriculture and oil. Comparing the two scenes seems wrong. Early on Silicon Valley siphoned talent out of
by kodah 4y ago
Texas wants tech to replace some of its dependence on agriculture and oil. Comparing the two scenes seems wrong. Early on Silicon Valley siphoned talent out of Silicon Hill and adjacent businesses. It's going to take them a while to siphon that talent back to levels acceptable enough to create a growth tech economy. That means VCs, programmers, entrepreneurs, marketers, etc all have to make their way to the same-ish place in Texas. To say that businesses only go there for lax tax structure I think ignores why they left CA in the first place, which is they can't pay people enough to live there.
I feel like at some point we'll have to force the spread of tech businesses across the United States. You can already see the effect of not doing so; SF is utterly unaffordable even for techies. The standard and cost of living are obtusely different from the rest of the country. I wager there's a lot of baggage that will come with this given that economics have a tendency of not observing state borders.