California

“There's research suggesting that the non-enforceability of non-competes in California has actually been one of the drivers of so much innovation, because it's allowed this more organic diffusion of ideas in a way that's just been really, really healthy and Led…”

“The cost of reinsurance in California has at least doubled, maybe tripled over the last five or 10 years.”

“The cost of energy generation is sort of artificially low right now. It does not reflect the risks of wildfire. And so it probably means that electric bills need to go up, particularly in sort of high fire risk areas to fund a lot of this capex.”

“If you're a local burn boss or fire chief and you want to do a prescribed fire, You know, it is the right thing to do, but it's kind of risky. If it escapes, if it burns someone's property, if you start the next, you know, Palisades fire, you know, you're gonn…”

“And so today in California, we'll probably do 50,000 conversations at least in Vietnamese and Haitian Creole. Today in Boston, we'll do thousands of conversations in Brazilian Portuguese and Spanish.”

“You know, like until last a year and a half ago, I was in California, along with all of you, California almost passed SB, which if that had happened, it would have been the end of open source, by the way, in the United States, we would not have a Lama. We woul…”

“But I think the immediate effect is that A huge number of people that are attempting to create value or do new things in California choose to leave. It's right. That's already happening. It's hard to move an entire ecosystem very quickly. This is the fastest w…”

“So I do think we are seeing these shifts, and these shifts are purely driven by regulation. They're not driven by, is Texas a better or worse place to live? I mean, it impacts things, right? But it's regulatory shifts driving people out.”

“And my sense is in 28, there's increasing talk about also trying to add a exit tax in California. So if you actually try and leave, they'll, they'll try and take a big chunk as sort of a penalty for that.”