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/biz/ - Business & Finance


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3912267 No.3912267 [Reply] [Original]

I don't understand - can somebody explain why is Silicon Valley the ideal place for starting a tech/social media company, when the tax rates for California are absolutely horrible for businesses? I suppose if you're backed by millions & millions of dollars, the extra $ in taxes may not matter. But if an average Joe wants to start a tech/social media company, why not do so from one of the more tax friendly states?

>> No.3912335

>>3912267
The talent and investors are already there

>> No.3912366

>>3912335
What if I don't want to give up portions of my company to globalist (((investors))?