Posted by Curt on 30 June, 2011 at 8:50 pm. 9 comments already!

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California businesses are leaving the Golden State at a record-setting pace[on target to be five times the record set in 2009.] And here goes another one!

The latest company to split, number #129,  is a rather surprising and damning testimony to the lack of faith in Democrat governor Jerry Brown’s leadership:  Silicon Valley stalwart Scott McNealy, founder of Sun Microsystems,  is starting up ……in…. Colorado:

Sun Microsystems co-founder and ex-CEO Scott McNealy has a new startup, WayIn LLC. Silicon Valley Biz Blog reported that:

”Thanks to [McNealy’s] Twitter feed, we know the company [will] be headquartered in Colorado. Wait, what? Colorado? What happened to Silicon Valley?” McNealy “explained his reasoning, tweeting a Top 10 Reasons it’s Better to do a Startup in Colorado than California:

10. Rocky Mountain powder beats Tahoe bunny slopes.
9. 11% income tax in CA vs. a 4.63% flat rate in CO
8. CO is a safer distance from Sacramento (but it is closer to DC…)
7. $1.5 million buys a dump in Silicon Valley, a ranch in CO.
6. In CO, the water is from CO. In CA, the water is from CO.
5. In CO, a traffic jam still moves, but the earth does not.
4. From CO, the redeye to New York is only half as bad.
3. In CO, I can hit my drives 300+ yards again
2. LoDo, CO has better views than Mountain View, CA [LoDo stands for Denver’s Lower Downtown]
1. WayIn is HQ’d in CO, home of our CEO @TomJessiman and a great team.”

Obviously, he’s not being entirely serious with this list, but there’s some legitimate gripes in there as well.” Source: Silicon Valley BizBlog June 16, 2011 story, “Sun founder Scott McNealy shuns Silicon Valley for startup.”

[…]

“WayIn is not alone in avoiding CA. Sacramento, are you listening? http://t.co/XkIhoEJ

“Cost of living in CA just got higher. Congrats to Sacramento for keeping the dream alive…somewhere else. http://t.co/C4NuZ6L

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