Manage episode 304190055 series 93399
After many decades of finding talent and reaping success in California, Larry Ellison packed up Oracle and headed for Texas – and he’s not the only one. Charles Schwab followed suit and now Elon Musk has confirmed Tesla will also be finding a new home in Austin. Those are three big blows to California that has others wondering if these moves are more than coincidence. California’s advantages seem to be dissolving around us and the last thing we want to do is wake up one day and ask ourselves how we did we not see this coming. Joe Cucchiara and Jack Russo discuss how California went from being a big draw to the place you probably don’t want to run your business from.
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