Hypothetically, what does California intrinsically have that other places
can't?
Ocean access, proximity to Asia
Beaches, large parks, mountains (natural spaces)
World class universities
Telecom infrastructure (?)
And what are some things California has that can be duplicated elsewhere?
Innovation-fostering legal system (e.g. IP and non-compete)
Mature, developed capital ecosystem
Vibrant and youth-oriented culture(?)
Much has been made of the VC ecosystem stickiness, but wealthy people tend to be pretty mobile. Especially when there are tax incentives. And eventually, companies follow VC. And talent follows companies.
Ocean access, proximity to Asia
Beaches, large parks, mountains (natural spaces)
World class universities
Telecom infrastructure (?)
And what are some things California has that can be duplicated elsewhere?
Innovation-fostering legal system (e.g. IP and non-compete)
Mature, developed capital ecosystem
Vibrant and youth-oriented culture(?)
Much has been made of the VC ecosystem stickiness, but wealthy people tend to be pretty mobile. Especially when there are tax incentives. And eventually, companies follow VC. And talent follows companies.