A massive tech company exodus is occurring in Texas, reports show

L4sBot@lemmy.worldmod to Technology@lemmy.world – 226 points –
mysanantonio.com

A massive tech company exodus is occurring in Texas, reports show::Numerous Silicon Valley tech companies have settled in Austin in recent years, but just as many are now leaving due to 'lackluster' startup scene.

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Brain drain due to idiotic state governance will do that

I know, right?

Crazy how many companies have left CA in recent years.

This article is a lot of noise, but very short on actual stats.

TX has been attracting tech biz since the early 90's with beneficial taxing structures. I find it hilarious how people just started noticing like 3 years ago.

More like banking and finance. Many of them have shipped jobs out of New York and elsewhere to cities in the DFW area like Plano.

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'A massive tech exodus' in the headline, then names 3 large companies who never actually moved to Texas, and 3 companies nobody's ever heard of.

This isn't journalism.

If you have skilled, high speed workers, you don't want your lab in a state where you can't get healthcare, such as an abortion.

I bet obgyns are packing up to leave Texas as well, and maternity wards will soon close down.

Already been happening in lots of red states, no staff to help with pregnancy

Science and Gilead don't usually mix well

"I moved the company here because Joe Rogan said it was a cool place but innovation isn't magically happening as fast as I thought it would. Bummer."

I dont think the overlap between tech worker and joe rogan listener is that significant, is it?

Why? Is there some kind of test tech workers has to do that excludes them from being dumbfucks?

Pretty sure Tech Workers, Joe Rogan Listeners, and Libertarians are a ven diagram that looks awfully like a circle.

Tech Bros, yes. Tech workers, no.

The difference between people who adopt every internet of things device imaginable and people who would never own or permit such a device in their home under any circumstances.

What can Austin do? Can it relocate from Taliban Texas?

I wish. The city itself is fine, being in Texas isn’t.

It's ironic people use "Austin" to refer to the city itself as well as the government of Texas, and the two Austins hate each other.

TechCrunch is reporting that startup founders, like Techstars Managing Director Amos Schwartzfarb, are announcing their decisions to leave Austin's "lackluster" startup scene.

Who?

Techstars is a start up accelerator. They’re pretty well known in their niche with accelerator/incubators all over the place.

Of the examples they give, half never moved there in the first place, several are moving elsewhere in Texas, and one is going to Arizona. Very misleading title.

A terrible article. Does nearly nothing to investigate the "why".

I'm sure Texas' shitty, bigoted leadership has a lot to do with it.