California’s tech exodus: Entrepreneur warns of a deeper political crisis as tax losses ‘hit $200 billion’ | World News

Entrepreneur and investor Chamath Palihapitiya has warned that California is facing a deepening political and fiscal crisis as major founders and companies continue to leave the state. In a widely circulated post, Palihapitiya argued that the departures have already cost California tens of billions of dollars in lost tax revenue, with the total potentially rising […]