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not the OP but pretty sure it was sarcasm and choosing ASML and Alibaba specially because they are based in countries that are not know for their lack of regulation.

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Alibaba grew because of unregulated / taxfree and subsidized imported goods

So not too unlike Amazon and its tax evasion schemes.

Roger. Definitely some Poe's law here mocking regulation in earnest, so it's hard to tell.

> California will never have its own tech giants

Might be quicker to name the tech giants that aren't in silicon valley

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