Friday, February 22, 2013

American C.E.O: Texas Beats California

The American C.E.O is a (pretty cool looking) blog I hadn't heard of until today.  It's mostly advice for aspiring entrepreneurs and C.E.O's.  Today, he has a post on the economic contrast between Texas and California; money quote:
So why Texas and specifically why Austin? I have traveled fairly extensively across the U.S. and have spent time in all the major technology hubs. At one time or another I have considered living in many of them. I have been fortunate enough in my career that financially my family and I could “afford” to live wherever we like. For me it comes down to three major reasons: cost, attitude and time.

A big factor is that the regulatory environment in Texas is stable and predictable. Industry isn’t punished for succeeding, but rewarded with a fair and just tax structure.California’s insistence on raising taxes on its most successful citizens recently will only drive more intellectual capital and dollars out of the state.
That’s why I am in Austin and in Texas.California missed out on the successful businesses I have built. By the way, my wife – Dr. Cathy Fulton – ended up creating the products that led to the success of our Austin-based company NetQoS, which employed more than 250 people and was acquired by CA Technologies in 2009 for nine figures.
Read the whole thing here.


  1. Thanks for posting this! Glad you enjoyed it!

    1. No problem, I'd love to interview you on this topic; interested?!?