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California partly took the tech industry from the old tech centers (Texas, Massachusetts, etc) due to regressive (or progressive, on California's part, if you c
by deaddodo 3y ago
California partly took the tech industry from the old tech centers (Texas, Massachusetts, etc) due to regressive (or progressive, on California's part, if you choose to see it that way) policies regarding Non-Competes and other executive/corporate limits. It's become so entrenched in the economy now, with so many protective policies and huge VC centrality, that it's unlikely WFH and housing prices are going to dismantle that monopoly in a couple years.
That's not to say it's a permanent monopoly, but if those other states want to actually take any of that influence, they need to morph their policies to at least match the kind of privileges California offers. There are other places that have actually been working to do this for a decade or two that have grown permanent economies in the tech realm (Boston rebuilding their tech economy, Colorado, Utah, Oregon). Texas is simply not one of them, despite Austin doing its best.
- hackernewds 3y agoCan replace all this with "beautiful weather, people, nature and H1B friendliness"
- shitlord 3y agoCalifornia has another advantage that is harder to beat: geographically, it is a nice place to live. Most of the state has a very high USDA natural amenity rating: https://www.ers.usda.gov/data-products/natural-amenities-scale/ https://www.ers.usda.gov/data-products/natural-amenities-sca...