[WoodenChair]

1. Rule of law

2. Mature financial system

3. Investment dollars

4. Talent/where talent wants to move to

5. Aligned values with California home base

6. USA represents their largest market for their products

7. The cost of moving

8. Cultural connection to where a company started

9. Existing investment in headquarters/infrastructure around the country

10. Political clout that being a US company provides

11. Network economics of being near other big tech in Silicon Valley/Austin/New York campuses

[refurb]

A great example of this is Singapore. I’ve worked with a few companies in Asia and it’s amazing what: a) rule of law, b) stable political environment, c) free capital flows can do in terms of attracting capital.

Singapore is pretty much the only option in SE Asia and the money keeps flowing in.