[RayChuang88]

I think the presence of Apple, Google, Facebook, Intel and a lot of biotech companies in the San Francisco Bay Area is why the state of California hasn't financially cratered yet. And California wants to keep these companies here for lots of obvious reasons!

[Carry_Okie]

I think the presence of Apple, Google, Facebook, Intel and a lot of biotech companies in the San Francisco Bay Area is why the state of California hasn't financially cratered yet.

IOW for the steady flow of new grads out of Berkeley and Stanford. Apple is building a new HQ. Other than that, there is little new and large construction activity. Virtually all physical production is long ago offshore. Historically, intellectual work follows production.