Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare.

Sources told the New York Times that venture capitalist Peter Thiel has explored spending more time outside California and opening an office for his Los Angeles-based personal investment firm, Thiel Capital, in another state.

    • phutatorius@lemmy.zip
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      4 days ago

      It’s also flat, the winters are brutal, there are way too many fundamentalists, and it cannot by any stretch be described as a sophisticated, cosmopolitan place. That said, it still beats the hell out of Peoria, Topeka, Wichita or a number of other Midwestern cities. None of which means I’d ever want to live there (and I’ve been there many times).

      • TronBronson@lemmy.world
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        4 days ago

        Yea im not in love with the place, but its a functioning city, it has good institutions and services, and its just really not fair to paint Nebraska like some bumblefuck when 90% of the state lives in a nice urban/suburban American city.