TECHSODUS: HAS CALIFORNIA LOST ITS CHARM?
PCQuest|January 2021
Recently billionaires Elon Musk and Larry Ellison announced their decisions to leave the golden state of California as did HPE. For decades, California has been the global headquarters for technology, but is that now changing? Some have already called it “Techsodus”
Sunil Rajguru

In 1953 when William shockley left New Jersey’s Bell Labs (now owned by Nokia) for California’s Silicon Valley, he spawned a revolution that has lasted till this very day. Whenever you read that a company is headquartered in Menlo Park, Palo Alto, Cupertino, Sunnyvale, Santa Clara, Redwood City or Mountain View, it’s all- Silicon Valley.

California’s economy has been in the range of $3 trillion, a figure which India recently is catching up to 70+ years after Independence. It is home to companies with a market capitalization in the range of trillions and boasts of the best tech brains of the world with amazing innovations.

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