Archive: tech exodus
By Adam Sharp on February 19, 2021
For the past few decades, Silicon Valley has dominated the world of venture capital. According to Pitchbook, Silicon Valley accounted for a whopping 26% of all VC dealmaking in 2014. Even more impressive, more than 39% of all dollars invested into VC-backed startups happened in the Silicon Valley area. However, Silicon Valley’s dominance has been declining for a while. According to Pitchbook data, via CNBC, Silicon Valley’s share of venture capital…
By Adam Sharp on December 4, 2020
Note: In May, I wrote an article titled “The New Work From Home Economy.” Then in August, I wrote a piece called “Tech Companies Flee California (Finally).” I recommend reading those first if you haven’t.
By Adam Sharp on August 25, 2020
Last week I wrote about the current trend of businesses fleeing California. I believe this will be one of the defining issues of our time. California’s tech exodus can be traced to many deep and complex societal issues. California has taxes…