As a long term resident of the bay area, I'm happy to see companies relocate elsewhere. The unbridled growth of companies here without improvements to infrastructure like housing and transportation are what caused many of the problems. From 2010 to 2018 my commute roughly doubled in time. As the quality of life degrades in the bay area, it's natural for people and companies to act in their own self interest to relocate elsewhere. The bay area will be ok in the long term.