As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state

From the source

California’s proposed billionaire tax has sent some ultra-rich residents flocking to other states—but tech entrepreneur Palmer Luckey is opting to stay put. While the 34-year-old cofounder of Oculus VR and Anduril opposes the bill, he still believes it’s worth it to stay. “I think that this tax act, if you can call it a tax, is going to cause a lot of problems,” Luckey said during a press conference last week, reported by TechCrunch. “It’s causing a lot of people to run who I don’t want to be running. It’s going to cause companies that I work with to leave the state, which is a problem for me.” “As of right now, though, I’m not running. I am staying,” he continued. “I think California is something special. I want to fight for California.” The entrepreneur raised in Long Beach has nurtured all of his biggest career wins in the Golden State. He founded his first company Oculus in Irvine, California back in 2012, joining the billionaire club just two years later when Facebook bought the…

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