Is Texas the new Silicon Valley? This month Oracle said it was moving its headquarters to Austin after more than 40 years in California. Hewlett Packard Enterprise, descended from the Valley’s original garage start-up, is off to Houston. Elon Musk has moved to Texas, too, and has hinted that Tesla, the car company he co-founded and leads, may also relocate.
Or could Miami become the next Silicon Valley? That’s what Keith Rabois, a prominent Bay Area investor, has been proclaiming since his recent move there from San Francisco. In contrast to the anti-tech sentiment roiling San Francisco — whose Board of Supervisors recently passed a resolution condemning the renaming of the city’s general hospital after Facebook’s chief executive, Mark Zuckerberg — Mayor Francis Suarez of Miami has turned his Twitter feed into a nonstop pitch for tech entrepreneurs and investors to relocate to his city.