“If a car fab sees fit to move, then what type of move temptations do, say, GAME and NET companies feel...?”
I dealt with a Ca VP for a company with seven plants. He told me two interesting things. They opened a plant in (as I recall) Tennessee. They offered a move package expecting that only a handful of workers would take it. He said the company was stunned when the entire staff said they’d take it. The other thing he said was any new projects went out of state. When the current projects end or the products become obsolete they’ll close those plants and consolidate until there are no operations left in California.
In general, the tech companies are there because of the magic of California. But eventually that magic will fade and they’ll move elsewhere. To many of the Californian’s I’ve met they seem to see California as the only place in the world to live. Take Google for example. If I ran the company I’d have relocated years ago. But they’re still there and putting up with the bus protesters. I believe they think they’d lose their staffs if they moved. Maybe so. On the other hand the company seems to be very left oriented and maybe they feel they should be treated like sh*t because they’re socially responsible.
He makes a good point about how tech stocks are valued today...or not..
I look for the CA tech companies to start moving to Austin. It’s a blue city in Texas. They’ll feel right at home.