Posted on 12/20/2020 8:53:40 PM PST by SeekAndFind
An impossible housing market, high tax rates, and strict regulations have made it challenging to live, work, and do business in Silicon Valley. And now, as companies are finding success with work-from-home models during the COVID-19 pandemic, many CEOs are opting to leave California in search of lower real estate prices, better tax laws, and fewer restrictions.
One state that has gained ground as a tech hub is Texas. Industry leaders such as Advanced Micro Devices and Dell already have an Austin—aka “Silicon Hills”—presence. As of November, 35 companies had relocated to or opened new facilities in the Austin area in 2020 alone, according to data from the Austin Chamber of Commerce.
Austin has many qualities that make it an attractive option. “There are a lot of things about this community—it’s got a great local flavor, a great music scene, it’s an outdoors city,” said Laura Huffman, president and CEO of the Austin Chamber, as reported by CNN Business. “That’s where people want to be. I think 2020 has taught us all that we have more choice when it comes to where we live.”
Here’s a rundown of some of the large tech companies that in 2020 have announced plans to leave the Bay Area for Texas.
Some CEOs are moving to Texas, too, as reported by TheInformation.com, a website that covers the technology industry.
Florida—with its sunshine, affordable real estate, and low tax rates—is also growing as a tech and startup hub. Reddit co-founder Alexis Ohanian moved from San Francisco to Florida several years ago. What's more, New York–based Goldman Sachs is considering moving some of its operations to Miami, according to the New York Times.
According to TheNextMiami.com, three tech investors have announced their moves to Miami. David Blumberg, founder and managing partner of the venture capital firm Blumberg Capital; Keith Rabois, a general partner at Founders Fund and a former executive at PayPal and LinkedIn; and Jon Oringer, a former New York resident who is the founder and executive chairman of Shutterstock. Oringer recently bought a $42 million house in Miami.
Silicon Valley—and its numerous tech firms—have attracted talent for decades. Now, though, exorbitant housing costs, high taxes, and strict regulations have made it a challenging place to live, work, and do business. A silver lining of the COVID-19 pandemic is that many firms have successfully implemented work-from-home strategies. Moving forward, this will give companies and employees alike more flexibility over where and how to work.
Yeah, Indians will take over all local school boards and local government, just as they did in Silicon Valley and Seattle.
Americans left to fight for scraps job-wise as they bring their whole clan there. And being the minority of the week, get precedence over all other Americans.
Remember, it’s not just the H1Bs. With an H1B, comes a spouse (H4EAD) and kids. There are marriage services in India to place future brides with H1Bs. And it’s big business. In that part of the world, most marriages are arranged.
Piss off, filthy H1B trash.
I was comparing Texas in general with the LA-SF corridor. For CA liberals all TX laws will seem red neck. I spent 37 years working in Chicago metro, and I love living in St John’s county in Florida in my retirement years.
Never had H1-B visa. Wrong number.
Still piss off, with your support of H1B and other Indian racist visa filth stealing American jobs.
By giving 1 iota of support to this Indian slime, you are a traitor to the American worker.
See also Central New Jersey (Edison, Montgomery, South Brunswick, etc)
...To turn them in to more democrat controlled s holes.
Yep, in Frisco.
Your anger is mis-directed. The enablers of H1-B visa workers are all natural born Americans in congress. And American entrepreneurs and American businesses. I can understand your frustration at facing competition from foreign workers.
To flip it to blue!
As long as ONE American is unemployed, we don’t need foreigners here on any visa taking American jobs. Period. Full Stop.
Just a matter of time until one of us lifelong taxpaying and productive Americans snap due to last of employment due to racist Indians, racist Indian hiring managers, racist Indian recruiters and racist Indian preference in hiring. And it won’t be pretty. Trust me, it’s coming.
So they can do to Texas and Florida politics what they’ve done to California’s?
They’re going to turn those states into Democrat strongholds — the bastards! Those tech giants have also heled to steal the election, too.
Yep, and they’re bringing their politics with them.
They like money more. They can always vote to get their liberal policies. Texas needs a law that you have to live and work here at least 10 years before you can vote in any local or state election.
One would think that maybe they learned that social justice doesn't work, but they only think that they haven't done it enough.
It will work the next time they try it in Texas or Florida or...
In Texas they need to keep the vote clean. One of the MAJOR reasons they are leaving California, whether they completely understand it or not, is the series of corrupted elections leading to the mess they are trying to leave behind.
Americans are not socialist. They may be naive and complacent-and assume public officials supervising their elections do so in the best faith possible. But registration fraud and other forms of electoral fraud are rife throughout the country and are the process by which most states have been turned blue since the Reagan blowout in 1984.
A “progressive state” may best be described as a state progressing in voter fraud as it moves from red, to purple, to blue.
Preservation of the vote-at the statehouse, city, and local precincts is of just as much importance to a strong America as its military defenses.
The left has exploited this weakness in America’s defenses
Turning Texas “blue” one voter at a time.
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