And it's misguided, unfortunately. Companies go to the west cost because investors want them to (which is somewhat one of the same types of problems as tech culture diversity), and you're failing to tap some MAJOR tech centers. It also massively increases costs of living, and reduces diversity of ideas.

SF talent is on the same level of experience and variability, though if anything it's easier for people to job hop.

But what it really does is fail to capitilize on the assets of an entire nation (or nations, in the case where people from other countries think they also need to move).