Last week, Tesla and Space X founder Elon Musk announced that he had moved to Texas. As I pointed out, Musk was suggested the move had to do with his current priorities but also took a shot at California as a place that was taking success for granted. “If a team has been winning for too long, they do tend to get a little complacent, a little entitled and then they don’t win the championship anymore,” he said. He added, “California’s been winning for a long time and I think they’re taking it for granted a little bit.”
If that didn’t get the attention of California’s supermajority of Democrats, maybe this will. Oracle just announced it will relocate it’s headquarters from Redwood City near San Francisco to Austin.
The $39 billion-a-year tech giant announced the headquarters move in a regulatory filing after Friday’s trading markets closed.
“Oracle is implementing a more flexible employee work location policy and has changed its corporate headquarters from Redwood City, California to Austin, Texas,” the filing said. “We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work.”