Doing poorly in a “survey of CEOs” is pretty much irrelevant to virtually all people.
Myles Johnson
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Oh really? Should they have surveyed day laborers or the homeless instead? Regardless, the data is there that corporations are leaving California en masse. The survey have reasons why executives thought why.
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You must be the dumbest mf on this board
same dipshit who made up Jaden dropped out of school during the season
Updated data shows that California outpaced the rest of the nation in year-over job gains (Jan. 2021 – Jan. 2022), with the state posting a 7.4 percent increase in jobs compared to the national job increase of 4.6 percent for the same time period.
https://edd.ca.gov/Newsroom/unemployment-january-2022.htm
CEOs are a vanishingly small proportion of the population and if you ask them what you want it’s basically always going to be lower taxes and business deregulation. Their opinions are fine, such as they are, but “CEOs don’t like it” is pretty flimsy evidence that something shouldn’t be done.
The Hoover Institute isn't exactly a non-partisan group. And the survey considered only three factors.
Well obviously, hard to talk about an entire state/region without generalizing.
I’m just staring my observations based off a lived experience.
At least one, but now the cost of living is shooting up it will get tougher.
It’s not bad when you’re early/mid 20s, but then you hit a point where it’s time to kinda grow up a bit IMO.
Problem is Silicon Valley is having a lot of people go remote now so cost of living in SoCal is sky rocketing.
San Diego is now the most expensive city to live in the United States, and the energy costs are the highest as well.
I should also probably admit that I like nice things lol.
I could have gotten my own place easily but it would have been a dump.
I’m big on value so things like people paying $5k a month in NYC only to walk out their front door and see rats and trash is baffling to me.
To each their own though
Nothing will knock them their narrative that California is socialist and doomed to fail.
They were listed in a prior post - I think it was #64 on this thread. The three were what CEOs were looking for.
Haha I’ve lived in the city for years never really had an issue with it. Than moved to jersey and the subs and now I just feel out of my element. But like you said.
To each their own
But you didn't generalize. Your thoughts were specific to SoCal and you specifically excluded NorCal. Wondering why @zebnatto thought you were generalizing about.
That's not true according to the quotes below.
You guys are harping on the survey and the Hoover Institute, but the fact remains that that tech corporations exited California at a rapid pace 2018-20, and that appears to be continuing. Whether you like a survey of CEOs or not, there is a mass exodus of tech companies from California. And the job growth being touted above refers to warehouse jobs, not exactly the bedrock of middle to upper middle income jobs.
Here's another link of the companies that have left California, and a sampling of reasons why they left:
"(The Bay Area) was not sustainable for us,” Bhaskaran said. ““For the same price we can find really amazing people in other areas.”
“Salt Lake City is a more sustainable place to do business,” Colin Walsh, co-founder and CEO of Varo Money, told the San Francisco Business Times."
"In addition to the strong pool of communications and software engineering talent in the Dallas area, officials said the move would lower the company’s fixed costs and provide good access to customers throughout the Americas."
Karp said he was against the “increasing intolerance and monoculture of Silicon Valley”. Karp's quote is interesting considering the fact he describes himself as a socialist, a progressive and that he said he voted for Hillary Clinton.
“Texas has cultivated a strong economic climate with low taxes, reasonable regulations and a high-caliber workforce, which allows companies like Wesco to innovate and prosper,” said a statement from Abbott.
"San Antonio is filled with opportunity and creativity, it has a great talent pool, high quality of life, and is experiencing a cultural boom that we’d really like to be a part of,” he said. “The affordability of the city does make it attractive to business(es) and employees.”
"In seeking to locate a new facility, the company found that Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost, and providing a strong base of talent."
One of the things that I saw is that a lot of my friends and family and employees that are moving here from the Bay Area can actually be homeowners, which in the Bay Area is virtually impossible," he said. "So I think it's actually the hidden retention tool, and a great recruiting tool."
But, he added, “It’s tough for people to afford houses, and people have to come in from far away....There’s a limit to how big you can scale in the Bay Area.”
Every Company Leaving California: 2020-2023 | Buildremote
The remote work revolution has driven companies to find a better home. Here is the complete list of companies leaving California since 2020.
buildremote.co
Sorry most fans don’t read facts. You forgot 🤣That's not true according to the quotes below.
You guys are harping on the survey and the Hoover Institute, but the fact remains that that tech corporations exited California at a rapid pace 2018-20, and that appears to be continuing. Whether you like a survey of CEOs or not, there is a mass exodus of tech companies from California. And the job growth being touted above refers to warehouse jobs, not exactly the bedrock of middle to upper middle income jobs.
Here's another link of the companies that have left California, and a sampling of reasons why they left:
"(The Bay Area) was not sustainable for us,” Bhaskaran said. ““For the same price we can find really amazing people in other areas.”
“Salt Lake City is a more sustainable place to do business,” Colin Walsh, co-founder and CEO of Varo Money, told the San Francisco Business Times."
"In addition to the strong pool of communications and software engineering talent in the Dallas area, officials said the move would lower the company’s fixed costs and provide good access to customers throughout the Americas."
Karp said he was against the “increasing intolerance and monoculture of Silicon Valley”. Karp's quote is interesting considering the fact he describes himself as a socialist, a progressive and that he said he voted for Hillary Clinton.
“Texas has cultivated a strong economic climate with low taxes, reasonable regulations and a high-caliber workforce, which allows companies like Wesco to innovate and prosper,” said a statement from Abbott.
"San Antonio is filled with opportunity and creativity, it has a great talent pool, high quality of life, and is experiencing a cultural boom that we’d really like to be a part of,” he said. “The affordability of the city does make it attractive to business(es) and employees.”
"In seeking to locate a new facility, the company found that Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost, and providing a strong base of talent."
One of the things that I saw is that a lot of my friends and family and employees that are moving here from the Bay Area can actually be homeowners, which in the Bay Area is virtually impossible," he said. "So I think it's actually the hidden retention tool, and a great recruiting tool."
But, he added, “It’s tough for people to afford houses, and people have to come in from far away....There’s a limit to how big you can scale in the Bay Area.”
Every Company Leaving California: 2020-2023 | Buildremote
The remote work revolution has driven companies to find a better home. Here is the complete list of companies leaving California since 2020.
Back to Myles Johnson and what he does, it would not surprise me if he starts with a large tech company and eventually goes to a startup. He will be in high demand. Considering his family lives in the Los Angeles area, he may choose to stay in the area. The beauty of working in IT/Computer Science is the ability to work/live almost anywhere.
As to whether California is thriving or not, there will always be a strong business economy in California as there has been for decades, going back to the 1970s and 1980s, particularly in the Silicon Valley/San Francisco area and the Los Angeles Area because of the proximity to talented graduates from many of great Universities, including UCLA, Cal Tech, Stanford, Cal Berkeley, and many of the other Cal schools such as Cal Irvine, Cal San Diego and Santa Clara University. The weather is fantastic (most of the time) and there is an energy and a feel good vibe if you work in technology. Have friends who work in the Silicon Valley, and their biggest complaint is the crushing cost of housing.
I'm confused; the quotes don't really appear to contradict me. I'm not claiming that those are the only things CEOs can ever want. My point is just that you are focusing on a group with a particular set of incentives. I'm not saying their opinions are invalid or unimportant, just that focusing on only that group is going to be a very skewed sample. It's not quite as bad as this, but it's a little like asking only Republicans (or Democrats) what they think about something.
All right, but you said "almost always" or something like that. Maybe I'm glad-handing, but I saw a heavy emphasis in many comments on cost of living.
You did see that Palantir CEO's comments? He is a self-described socialist and progressive. Maybe that explains the move to Colorado instead of Texas for his company.
You may have seen my post above that the movement of company headquarters out of California is not the death knell for California. Politicians in California cannot do much about the cost of living (but they can offer incentives and assistance and promote affordable housing), but they can reduce unnecessary regulation for companies. On the former point, Sedona, AZ is not a tech hub, but the housing market has been overtaken by short-term rentals and investors purchasing homes for that purpose. Sedona partnered with another local city to offer assistance to local employees in purchasing homes.
I don't really see the issues as necessarily falling on one side of the political spectrum. It's about promoting a sustainable and affordable local economy to the extent the government can influence that end.
Isn't the Palantir CEO some kind of nutjob? I don't put much stock in people's political self-descriptions as they often don't match up with their viewpoints at all.
I think we're talking past each other a bit, which could be my fault. I'm not saying those CEOs opinions are invalid and I'm far from an expert on California. From what little I know about it, it does seem like cost of living is a valid issue.
Bringing this back home, would like to know three things:
1. Is Myles happy with his move to UCLA from a basketball and academic perspective.
2. Does he care that Cronin yells at him.
3. Will he stay in Southern California after he graduates and goes to work (assuming not NBA).
Agreed. I think he’ll be successful in whatever he does
Seems like Myles is done with the basketball part of his life. He'll do great things in the world of engineering.
Still giving love to RU. Good for him, I’m sure he will be very successful. And for the jackass RutgersClassof2004 that said he wasn’t an RU guy, I choose him over you any day of the week.
All class as usual. We were so lucky to be able to root for him here.
Oh. I was hoping for an update on his sprained ankle.
Special person, clearly going to have success no matter what field he pursues
Wishing Myles all the best as he continues with his graduate studies and moves onward towards his engineering career
Having lived here for 25 years, I can tell you that nothing is more true. The decline of this once great place is extraordinarily obvious.
Definitely wish Myles the best, and will always be thankful for him being one of the major keys in RU MBB's turnaround. (Not gonna lie....I wonder if he and Cronin had "the talk" though.)
It really doesn't matter.
Myles will do much better and more meaningful things with his life than playing a stupid game for another year. I always felt in reading the situation and some things I had heard that his heart and mind were more into engineering and computer science than basketball. He is one of those rare people who was born being great at two diverse pursuits. Time for him to turn the page and write a new chapter in his life.
Here's an article about his retirement and potential next steps:
www.latimes.com
UCLA's Myles Johnson: 'Pretty much, this is my retirement from basketball'
UCLA's Myles Johnson will forgo his final year of eligibility to complete his degree in engineering. He will possibly work for IBM but could end up doing NBA tech and analytics.
www.latimes.com
Right up there with Eric Legrand, Brian Leonard, Geo Baker, and Devin Mccourty as far as character guys who made a difference
Has a bright future. Already has job offers with IBM and the Golden State Warriors to join their tech and analytics department. I’ve heard that he has a great path ahead though if he chooses IBM - as he’s interned there each year going back to his time at RU.
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