California is a great place to live and work, but it is not a particularly friendly place to start and run a small business.
In 1999, I co-founded Sagient Research Systems, an enterprise-focused data company in San Diego. Over the ensuing 13 years we tinkered, triumphed, failed, and even tempted bankruptcy. But through it all, we worked hard, we worked fairly, and we grew. Slowly, we evolved into a successful business employing nearly 40 people, all in California. In mid-2012, we sold Sagient Research in a transaction that was a good exit for everyone involved.
To read the original article: California To Hit Startup Founders with Big Retroactive Tax Bills | Xconomy
