Additionally, California is one of the only states that doesn't recognize non-competes [1], that is key for innovation and competitors coming up including small/medium competitors. This part is always overlooked.
> A few states, such as California, Montana, North Dakota, and Oklahoma, totally ban non-compete agreements for employees, or prohibit all non-compete agreements except in limited circumstances. [1]
There is also a massive augmented wave coming that is heavily underestimated and will change everything. The future is heavily content creation in new phases of technology which are huge. Overall, it is better to have a virtual economy that uses less resources than a physical one.
The new markets are definitely remote and that is how you communicate with most people now even in the same building, so being physically in California isn't as needed. Though the policies of not recognizing non-competes needs to go nationwide. Non-competes are anti-innovation, anti-worker, anti-business, anti-competition and only help the bigs.
Tons of companies that aren't in California don't have non-competes or have very limited ones. I've never had a meaningful non-compete in the course of my career. (Had a very narrow one when one company was acquired.)
I'm certainly not a fan of non-competes but note that, even in California, a company can drag you into an expensive court battle over non-solicitation clauses, NDAs, etc. It's also a matter of non-competes not being enforceable in general. A small company may still choose not to hire you if they think there's a possibility they may need to go to court.
> A few states, such as California, Montana, North Dakota, and Oklahoma, totally ban non-compete agreements for employees, or prohibit all non-compete agreements except in limited circumstances. [1]
There is also a massive augmented wave coming that is heavily underestimated and will change everything. The future is heavily content creation in new phases of technology which are huge. Overall, it is better to have a virtual economy that uses less resources than a physical one.
The new markets are definitely remote and that is how you communicate with most people now even in the same building, so being physically in California isn't as needed. Though the policies of not recognizing non-competes needs to go nationwide. Non-competes are anti-innovation, anti-worker, anti-business, anti-competition and only help the bigs.
[1] https://en.wikipedia.org/wiki/Non-compete_clause#United_Stat...