Do you live in CA?
We have the opposite problem of erosion. Water level is going down. Getting to shallow fir sailboats. Praying forlots of snow. Some expected tomorrow
Peak Samsung Semiconductor? 
Did not know Samsung moved HQ to Texas.
More to happen. California is bleeding HQs to Texas.
Like Oracle and HP. Letâs see if Tesla will become more like them.
Currently, the companies are shifting HQ due to some reason. But, for bleeding to become, shifting to TX has to become a vogue first. Then executives can justify moving out. Just because everyone else is doing, it must be right. (This is called trend following).
Flood gate would be opened once there is a very large group of tech guys in Austin. Now, the only place that you can find all disciplines of techs in sufficient number is in SV. Other tech hubs tend to have niche group. For RE investors, skate to where the highest potential gain is⌠I said that for many years. In recent years, price appreciation in Austin is faster than SV. Absolute price wise, it has increased from 1/8 to 1/6 of SVâs prices⌠should continue to increase. I donât expect to be parity because there are not much land in SV so absolute price in SV should always be higher.
Peak everything!
Maybe move to bitcoin⌠wait are they in Texas?
Think it might be time. See you in the Lone Star state. I do love me some Viet-Cajun food 
Careful what you wish for. Tech people are highly educated. And therefor they tend not to vote for people peddling horse paste as miracle cures.
The problem with this whole conversation is that you all think going to a top school like Harvard of Stanford makes or breaks your whole life, plenty of successful people who didnât go to these schools and also putting this pressure on your children to aspire for this is unhealthy.
2 Likes
That is a good point. The spillover from Bay area is spreading out to several cities, Austin, Phoenix, Seattle, Redmond. For non-technology matters, the entire America is available.
An elitist school definitely helps in getting the candidate the first job or a high quality internship. But, two years into the job, performance at work matters more than the Alma Mater. The network of alumni helps but again, the accomplishments at work matters more than anything as career progresses. The question that is difficult to answer is what will one do if s/he does not get an opportunity in the first place. I know people who have risen up without any specific degree. Just the plain BS degree from local state university. They get add on degrees later on as they progress in their career.
1 Like
If youâre 
doesnât matter which college you go.
If youâre 
Alma Mater matters a lot in opportunities and access.
Also, education is not just about work and career, but ability to live an independent and fulsome life. Success in corporate world is a small part of living a good life.
Right, and what percent of the Bay Area works in tech? Then what percent of that works for a top paying tech company? Youâre talking about <5% and probably <2%. The number of people in poverty is multiple times higher. If you want to call that success, then go ahead and pat yourself on your back.
You also seem to be under the impression that SV tech companies are full of people who grew up in SV.
How California Lost a Million Jobs and Gained $342 Billion in Income - Bloomberg
The West Coast has seen the biggest increases in GDP and income over the course of the pandemic, even amid major employment declines
Peak Charles Schwab?
1 Like