"We're in trouble. We're a state that is taking an entitlement approach, it's not a good state to do business," Chambers, who founded JC2 Ventures, said in a "" interview. "You're seeing many companies thinking about leaving and, even worse, none of my start-ups are thinking about coming to California."
"If California isn't careful, they're going to lose their leadership and the jobs created with it," he added. Founders, executives and tech employees of all ranks, who are normally based in Silicon Valley, have been moving out of the area in an exodus sparked by the Covid-19 pandemic. Since they're not going into an office every day, people are in search of cheaper rent, more space and lower taxes.
As they should.
Eventually it's bound to happen. In every part of the where tax incentives are provided companies go there to different states & countries.
The people will seperate and isolate Silicone Valley! Next, stop shipping supplies into the area! Starting w/materials/food, then energy/gas!? If big tech wants to isolate the people, the people will isolate big tech, WHEREVER they are! Foxandfriends willcain PeteHegseth
Silicon Valley is the new San Fernando Valley, a Valley Girl running joke.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.