Historically California's legal regime has facilitated its amazing success in generating new world beating businesses. But now the states rapid turn towards anti capitalist 'progressivism' is beginning to bite into that edge. The State Supreme Court has found that independent contractors are actually employees, eliminating the flexibility that small, nimble companies have used to get to velocity quickly. This makes it much harder for these small companies to do business in CA. Our software company already avoids doing any development out of our Cupertino office.
Other states are hungrier. And less arrogant. We Texans look forward to another prosperous decade feeding off of the beached whale that CA is increasingly becoming.
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