At the same time, many current and aspiring startup founders have embraced the cultural shift to learning about traditionally non-technical areas such as sales and marketing. And rightfully so; this is after the previous shift (or "great opening up") to learning about design and a good user experience.
We've done all this because there's no escaping the cold, hard reality that the success of our companies depends on getting the word out and selling people on our ideas. Good code is not enough.
The skyrocketing cost of public pensions in California affects the solvency of the state government. When the state government is desperate and must make ends meet, tax hikes are the first and most obvious options, and are always taken into consideration. When you're thinking about starting a company and setting up shop in Silicon Valley, the tax burden is a huge factor to take into account.
As things stand today, the benefits of the personal network, concentration of talent, and the established tech ecosystem in Silicon Valley are still more than enough to outweigh the comparatively high tax burden for those who wish to start and operate a successful company. "Political" articles like this are of interest to us because they tell us about important future changes in the formula we use to calculate where we want to set up shop.