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Is this serious? Do you know where most of the "FAANG" tech giants all hail from? Or where a bunch of VC's/accelerators are at? California is not left wanting for more tech innovation.

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not the OP but pretty sure it was sarcasm and choosing ASML and Alibaba specially because they are based in countries that are not know for their lack of regulation.

Alibaba grew because of unregulated / taxfree and subsidized imported goods

So not too unlike Amazon and its tax evasion schemes.

Roger. Definitely some Poe's law here mocking regulation in earnest, so it's hard to tell.

> California will never have its own tech giants

Might be quicker to name the tech giants that aren't in silicon valley

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