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California the Worst State in Which to Start a Business

• aneesh 18y ago
  "In comparison, California is the worst. Unless of course, you’re in technology and/or looking to raise venture capital — when it comes to those two categories, the Golden State tops the charts."
  • nreece 18y ago
    "But in terms of “cost of business” and “business friendliness,” the magazine ranks it No. 48."
• jjs 18y ago
  "Granted, you might not want to take the magazine’s findings too seriously; there’s no information about what, exactly “business friendliness” or any other non-quantitative ranking criteria means." Nothing to see here; move along.
• snewe 18y ago
  Note that it is #1 in terms of availability of capital and technology. These features may be more important for a startup than the CEOs of established firms interviewed for the rankings.
• miked 18y ago
  A good measure of business friendliness is to take a look at how the US Chamber of Commerce ranks the states in this regard. I did a while back. California is dead last. And don't even get me started on the tax rates that are about to explode beyond their already bloated level.