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Did you get the aim of his tour? Is he going there to assess whether he can supercharge his career or looking for rental opportunity?
here = Austin MSA
Do land mass innovate? Or people do?
Anyway, if you like land area:
With 99,000 acres (155 square miles) across the area set aside as open and mixed public access parkland, the Tri-Valley accounts for 10 percent of the 1 million acres of protected land in the Bay Area.
Austin, the southernmost state capital of the contiguous 48 states, is located in Ā· Austin occupies a total area of 305.1 square miles (790.1 km2).
Austin has 2X the land area of Tri-Valley.
He was commenting on the types of people moving from Bay to Austin and I just put in my 2 cents.
Maybe you should have stayed in the Bay so your kids have better career opportunities and you have a much better environment to enjoy your senior years? Having rentals in one place doesnāt mean you have to live there.
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Thatās not my opinion. Thatās @Jilās opinion.
Austin 
Singapore Cupertino 
because of the cool 
and dry weather. Henderson of Las Vegas is a good retirement place too because of its 
weather.
Donāt recall you use this reasoning for Austin MSA vs Bay Area. Why not other metrics, discounting headstarts?
Austin currently has a heat index of 110 degrees, with an excessive heat warning and a red flag fire warning.
Sure, if you like it. Some people like to live on Mars too.
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Glad you finally understand not everybody have the same choices and desires.
We can live in Mars already?
Not everybody has the same choices and desires, but some commonsense options are vastly more popular than others. Like good food and mild weather are almost universally desirable.
One reason why SF and SV have a huge moat against Austin. Why Austin is only comparable to 10% of Bay Area in terms of innovation.
By the way, one huge reason I stay here is because of my kids. They will have much better and more opportunities here in the future. If I live in say Texas my kids would be far less likely to move from Texas to CA. And if they moved I will see them far less often.
Nobody seems to have mentioned this multi-generational edge to living in the Bay.
From suitable environment for me to innovations?
Sometimes talk about rentals, sometimes talk about startups, sometimes talkā¦ sound like random chitchat. Good, continue my TV watching
Iām not a city kind of guy but Iāve visited Albuquerque because itās about 5 hours away and was really impressed with it. Iām sure it has dumpy areas I didnāt see but it has a vibrant downtown and tremendous natural history close by. Maybe not an economic powerhouse; maybe thatās why no one is considering it for rentals but it looked nice to me.
They are only growing 15%. Their profit margin is ~16%. Thatās 31% combined which is below rule of 40. Iām curious how the market will react.
Am I reading the S1 correctly?
https://www.sec.gov/Archives/edgar/data/1579091/000119312523221345/d55348ds1.htm
They are profitable in the first 6 months of this year?
Yup. They are profitable. They should be profitable non-GAAP. Their GAAP profit will take a huge hit from stock based comp.
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ā Florida and Texas gain the most young high earners, while New York and California lose the most .ā
The future is getting clearer and clearer. These are people 26-35 making over $200k/yr.
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This may be true but I really wonder how people live in Texas oven. Perhaps I wonāt mind living there in the winter but no way Iāll waste my summers living there.
I guess the people moving there are the HENRY type with high earning but low net worth. So they are willing to sacrifice quality of life to build wealth.
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What percent of time do people actually spend outside?
https://e360.yale.edu/digest/u-s-study-shows-widening-disconnect-with-nature-and-potential-solutions
People spend more time commuting than they do outside.
What matters more to me is the number of high earners generated organically in each state. If CA stops producing high earners itās in deep trouble. But if the goose keeps laying golden eggs and only a few thousand move to other states itās not a huge problem.
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You should know the answer to this. Californiaās populate has boomed over the last 30 years. The number of people who have to pay state income tax hasnāt increased.