I went back this year and did not recognize the place - the tech centers that were once full with waiting lists are like ghost towns. The Silicone Valley's tech juggernaut is beginning to hollow out by attrition due to out migration of skilled Tech talent and by crushing regulatory and tax burdens.
The fact of the matter is that in the Tech world, talent must be proximate to production. Manufacturing production is leaving Cali and the worker bee tech talent is following production to out of state or out of the country.
BTW, I was in Cali to de install manufacturing equipment that cannot be used for production profitably in California anymore and transport it out of state to set it up in a more business friendly state. At least we kept it from going to China or Asia where most of California's manufacturing base is being shipped to.
I didn’t realize it had gotten that bad. I knew Silicon Valley was down but didn’t realize it won’t recover.
I’m not terribly surprised. California politicians might as well be trying to destroy the state business climate, for all the damage they are doing.
Who would EVER want to start a business here when you can do so in a state where you can keep more of your labor? You would have to be insane to start a major operation in California when you have a myriad of options in other states.
This is California’s futures. Long slow slide into insolvency.