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Palantir co-founder Joe Lonsdale moving VC firm to Austin from San Francisco(follow up to "Executive Salary Tax")
Bizjournal Austin ^ | 11/9/2020 | Cromwell Schubarth

Posted on 11/09/2020 12:23:55 PM PST by Vendome

Joe Lonsdale co-founded Palantir Technologies, which just went public, and was an early employee at PayPal. But in recent years he's been a venture capitalist, running 8VC out of San Francisco. Now he's moving the investment firm to Austin, driven out of California by taxes and other concerns. According to CNBC, Lonsdale has already hosted Elon Musk and Michael Dell at his new Austin home.

(Excerpt) Read more at bizjournals.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: a; damn; just; shame
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Gee, wonder why they left for Texas?
1 posted on 11/09/2020 12:23:55 PM PST by Vendome
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To: Vendome

Austin is San Francisco East.


2 posted on 11/09/2020 12:25:01 PM PST by E. Pluribus Unum (Pessimists see difficulty in opportunity; optimists see opportunity in every difficulty. Churc)
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To: Vendome

If I were king of the world, I’d evacuate all the people and then raze silicon valley. Turn it back to farmland where it would actually do something good for humanity.


3 posted on 11/09/2020 12:26:44 PM PST by monkeyshine (live and let live is dead)
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To: Vendome
Gee, wonder why they left for Texas?

They left for *Austin*.

Austin isn't Texas, despite being located within the boundaries of Texas.

4 posted on 11/09/2020 12:27:23 PM PST by Spirochete
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To: Spirochete

Taxes are still lower so...


5 posted on 11/09/2020 12:33:04 PM PST by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Vendome

Yeah, coming to chit in our nest.


6 posted on 11/09/2020 12:33:43 PM PST by Irenic (.)
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To: monkeyshine

Where would you evacuate the people to?

Are there specific buildings and/or streets which are troublesome?


7 posted on 11/09/2020 12:33:47 PM PST by posterchild
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To: Vendome

Lots of California companies are moving to Texas.

Tesla is building a huge factory and Apple, Facebook, Google and now Palantir is moving to Texas!

These companies sure do like being right in the middle of Texas.


8 posted on 11/09/2020 12:35:29 PM PST by Meatspace
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To: monkeyshine

Everything in Silicon Valley without the people is innocent.


9 posted on 11/09/2020 12:35:36 PM PST by Varda
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To: Vendome

Another parasite being defecated out from its host?

tapeworms work the same way.


10 posted on 11/09/2020 12:36:08 PM PST by PGR88
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To: Vendome

Gee. Yeah. Space to grow, lower taxes, friendly people. Who knew?


11 posted on 11/09/2020 12:38:50 PM PST by LurkedLongEnough
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To: posterchild

I’d scatter them to the corners of the earth. Maybe let a few back if they bring their own hoes.


12 posted on 11/09/2020 12:39:07 PM PST by monkeyshine (live and let live is dead)
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To: Vendome

Austin? Isn’t Austin just as Liberal as San Francisco? Heck, it is Texas’ most liberal city by my estimates.


13 posted on 11/09/2020 12:39:12 PM PST by SeekAndFind
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To: E. Pluribus Unum
"Austin is San Francisco East."

Absolutely.

My son went to the University Of Texas his first year of college. He got zero credit for the year...he partied the whole year.

He eventually straightened up and got a PhD in physics from ASU. He's a big shot at a defense contractor in SOCAL now.

(BTW, he was conceived in Golden Gate Park at a Grateful Dead free concert in 1967, 'the summer of love'.")

14 posted on 11/09/2020 12:40:04 PM PST by blam
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To: Vendome

Liberal refugees, don’t vote for what you fled.


15 posted on 11/09/2020 12:40:28 PM PST by tbw2
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To: monkeyshine

Unfortunately, liberals refuse to admit the problems of their current domains are due to bad policies. So they move and then vote for what they fled.


16 posted on 11/09/2020 12:41:17 PM PST by tbw2
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To: Vendome

Hmmm... no mention of Peter Thiel having anything to do with Palantir? Essential component of CoVID contact Tracking and Tracing.
https://www.cnbc.com/2020/11/06/peter-thiels-palantir-is-skyrocketing-as-trumps-prospects-grow-dim.html

https://nypost.com/2020/08/26/peter-thiels-palantir-reveals-580m-loss-in-filing-to-go-public/

https://observer.com/2020/09/peter-thiels-shady-money-losing-firm-palantir-begins-trading-with-a-huge-valuation/

https://www.congress.gov/bill/116th-congress/house-bill/6666/cosponsors?searchResultViewType=expanded


17 posted on 11/09/2020 12:41:28 PM PST by Sioux-san
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To: SeekAndFind

I live near Austin. Honestly, no, despite how much the media wants to meme this into existence. Steve Adler is NOT popular here, esp with his homeless policies. I’m not going to lie to you and say Austin is right wing, but it’s more 60/40 liberal/conservative than 90/10. A lot of military veterans are moving here and also disaffected west coasters who wanted to get AWAY from hyper-liberal policies, including me.


18 posted on 11/09/2020 12:44:19 PM PST by ksm1
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To: blam

SOCAL?


19 posted on 11/09/2020 12:47:35 PM PST by Sioux-san
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To: Vendome

Company name hijacked from Tolkien’s novels

Thats real original, I wonder did they royalites to his estate for that?


20 posted on 11/09/2020 1:04:46 PM PST by Gasshog
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