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But this is about where the company is incorporated (Delaware), not about where it's headquartered. The article mentions that Meta headquarters is staying in Ca
by suzakus 2y ago
But this is about where the company is incorporated (Delaware), not about where it's headquartered. The article mentions that Meta headquarters is staying in California (at least, for now).
- darth_avocado 2y agoStep 1 in get incorporated elsewhere. Step 2 is find political support to build an HQ (read financial incentives). Step 3 is move the HQ.
- int_19h 2y agoYou don't need to be incorporated in Texas to move the actual facilities there, so why is that step 1?
- darth_avocado 2y agoI didn’t say you need to follow the steps. But this is the standard playbook for Billionaires seeking political favors and tax incentives. Incorporating somewhere can get you political favor, which in turn can get you tax incentives. If you’re planning to move your Hq (which is a multi year long effort), it definitely helps if you have the first two steps lined up.
- tensor 2y agoThey could move the HQ without changing where they are incorporated. They also don’t need political support. It’s not a democracy. There are no steps.