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Well you know for months on -- and company we talked about businesses moving from high tax California to lower tax states like Texas and Florida.
Our next guest is doing the exact opposite he's moving his company to repeat to California.
It is law's wife -- what it was his youngest although he's the CEO all the road motive Keller welcome to the program.
All you crazy.
I still -- I don't think -- Why -- you -- and you you company at the moment is in case is in Nevada I believe Karen and your start -- company you grew up with robotics got it.
Now why are you going to California.
Or so at -- motive our.
We we -- Smartphone robots so they are robots so.
He area is this guy's name is -- mode they're robots they use your iPhone or iPod as their brain.
And as we grow as a company over the next three to five years our success is going to depend on our ability to hire.
The -- -- in the world and it just so happens that.
How large percentage of those people live and the Bay Area.
The cut -- that's understandable but you course you've got much higher costs in the Bay Area.
And if you're successful you gonna pay a whopping great big taxes neither of those two things bother you a ticket.
So it's it's a really interesting question in a lot of ways I think that California is one of the -- and unfriendly as business environments.
In the world I -- you have.
Combined federal and state capital gains tax of 33%.
Federal and come and stay apparel income tax of in total between thirty and 40% which means that in general people living in California I think are paying.
Some of the highest taxes in any country anywhere in the world but.
Ostensibly a lot of that revenue is being used on things like parks and education and health care.
And I think that those services tend to draw.
A top engineers from all over the world to the Bay Area and so ultimately it is a tradeoff between short term economics and you know we'll longterm ability to hire the guys you know I see -- -- in making good economic guys I I got that look what it.
You go to Austin, Texas.
That's got a good installed base of high tech people and there's no boot attacks that whatsoever as -- state income tax.
As a -- free of business climate did you ever think about.
Yeah we certainly did we looked at Boston on New York Austin and and San Francisco.
That -- And that thing that drew -- specifically to San Francisco was that yet.
Because of what we do we are specifically interest -- end.
Hi in people with.
Experience and robotics and people with experience in mobile.
And in the Bay Area it it's just it's it it's not a fair comparison because the Bay Area has so much more scale in terms of those two industry it's okay you held up a little run -- off you look emotional.
What what what it was that robot dude you walk around the old ones.
Sure but the so so I it you can plug any iPhone or iPod into into this robotic base which is what we actually manufacture.
The robot can learn new things over time because he's connected to Wi-Fi -- as an app that's free to download.
He exhibits a lot of intelligent behavior is.
And we allow anybody to create new behaviors for the robot.
What -- and -- geragos what's that -- behaviors with all of your friends -- -- -- say -- you can also you can also control him from.
-- IOS device or any browser.
Anywhere in the world.
Will it limit does it move or is it just takes -- and show it to yes yes it's it's if he is so I'm I'm not gonna move around now I don't want our hell I scare you.
But you can control -- and he can move around.
And he you know he's he's -- personalities it's kind of like.
Having a small cute.
IPhone creature in your home just get like now it seriously and that that's very interesting we got it.
Keller and although I -- you can come back if you real big blowout success in the San Francisco area.
Come back and -- is -- -- tell us how you feel about spending a lot more than 50% of your income in taxes look at.
Just come -- back when -- successful but there.
Thanks -- -- I loved it banks and you've got it.
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