Even Mark Zuckerberg is leaving California for Austin, Texas

[Anta Assamey]

 

First Elon Musk, now Mark Zuckerberg. 

Zuckerberg’s company, Meta (formerly Facebook), announced it would lease offices in a massive new building in Austin, Texas. Big tech companies, who cut their teeth and built empires in California, are fleeing the state and relocating to Texas. It's almost as if high taxes, stifling corporate regulations, and out-of-control housing costs are unattractive to businesses and long-term sustainability. Who knew? 

“Months of speculation have come to an end as California-based Meta Platforms Inc. — the parent company of Facebook — recently leased the entire commercial half of Sixth and Guadalupe, the 66-story high-rise under construction downtown that will be Austin’s tallest building when finished. The social media company has also pledged hundreds more jobs in the Texas capital,” the Austin Business Journal reported. 

“The lease is the largest ever in Downtown Austin,” Austin ABC-affiliate KVUE reported. It will be located in what will eventually become Austin’s tallest building. 

The California-to-Texas “techs-odus” is becoming a trend. Other tech companies such as Oracle, HP Inc., and 8VC have recently relocated to Texas. As of November 2020, 35 major companies had relocated or opened new sites in Austin, according to the Austin Chamber of Commerce. 

California has become not just advantageous for businesses to remain in the state. Compared to California's high cost of living and regulatory burdens, Texas offers companies fewer restrictions, less taxation, and lower housing prices. 

Moreover, there is a certain irony in Mark Zuckerberg, a stout liberal who has previously criticized Texas's politics while spending millions of dollars to influence its elections, relocating his company to the obviously better-governed state. Liberals who savage Texas for everything from its abortion laws to its handling of the COVID pandemic can't help themselves from relocating there. 

Unfortunately, this also represents another troubling development. Liberals such as Zuckerberg work to create an ideological utopia in which their own companies evidently cannot survive or at least cannot thrive optimally. Then they abandon the places they helped destroy and move on to start the process all over again somewhere else. 

As Agent Smith observed in The Matrix, this is the behavior pattern of a virus, not that of a mammal.

[r2d2]

 

meanwhile Governor omicRon De Santis declares Florida as a Free State... @Sucker

[bandababu]

veelantha akkadaki velli ade party ki votestharu 

[reality]

AT&T care

[veerigadu]

Administrative office Texas lo petti state taxes Egaaa 10ngutharuuuu

[quickgun_murugun]

Taxes ega 10gNeeki Ee eshalu… @aath care

its not confirmed whether they are moving the HQs. It’s just operations expansion for now !

[naranjaX]

seems to be like a rat race

[Anta Assamey]

[Sucker]

Bay area la migilina batch move avaniki reason dhorikindhi