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Tech Magnate leaves San Francisco for Florida



As a final sign of economic problems for Silicon Valley, Bay Area technology entrepreneur Keith Raboa is leaving San Francisco for Florida.

“I think San Francisco is just so massively mismanaged and mismanaged that it’s impossible to stay here,” Rabois told Fortune magazine.

Rabois is the CEO of startups such as PayPal, Square and LinkedIn. He “moved immediately” from the area, finding it “impossible to stay” after calling on him for two decades, according to the report.

“COVID something masks these things,” he added to Fortune. “It’s not so obvious where people are moving and whether they̵

7;ve actually moved, because everyone works remotely.”

Rebois’ Twitter stream is littered with exit retweets and grim comments scolding San Francisco.

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