New tech startups no longer considering Silicon Valley as old ones flee the area

Founders, executives and tech employees of all ranks, who normally are based in Silicon Valley, have been moving out of the city at a high pace this past year in an exodus sparked by the Covid-19 pandemic.

Source: John Chambers says his start-ups are skipping over Silicon Valley

High costs, high taxes, unreliable electrical power grid, wild fires from mismanaged forests and a government that no longer seems to care has taken its toll.