<story><title>Oracle Moving HQ to Austin</title><url>https://www.sec.gov/ix?doc=/Archives/edgar/data/1341439/000156459020056896/orcl-10q_20201130.htm</url></story><parent_chain><item><author>beagle3</author><text>Likely irrelevant, but reminded me of this[0]: &amp;quot;&amp;quot;&amp;quot;Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s&amp;quot;&amp;quot;&amp;quot;&lt;p&gt;Tesla will likely move its HQ to Texas following Musk&amp;#x27;s move (if it hasn&amp;#x27;t already), which would seem to be in line with Whyte&amp;#x27;s rule. However, it is likely both would have the same underlying reason (legal, financial, taxation or otherwise), rather than just &amp;quot;making it more conventient for musk&amp;quot;.&lt;p&gt;I wonder if Elison or Katz have also moved to Austin recently ......&lt;p&gt;[0] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.joelonsoftware.com&amp;#x2F;2003&amp;#x2F;03&amp;#x2F;28&amp;#x2F;finding-an-office-in-new-york-city&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.joelonsoftware.com&amp;#x2F;2003&amp;#x2F;03&amp;#x2F;28&amp;#x2F;finding-an-office-...&lt;/a&gt;</text></item></parent_chain><comment><author>femtoparsec</author><text>Don&amp;#x27;t forget that often (but certainly not always) CEOs will look ahead and try to get a feel for which locations may be a good fit both for their personal and company affairs. Usually due to taxation, regulatory, hiring, cultural, cost of living and a range of other realities. They may make the move themselves &lt;i&gt;ahead&lt;/i&gt; of their company&amp;#x27;s move making it seem like the company later moved merely because of the CEO&amp;#x27;s new location, but they&amp;#x27;d already made the decision that the company move would follow as the sensible thing.</text></comment>
<story><title>Oracle Moving HQ to Austin</title><url>https://www.sec.gov/ix?doc=/Archives/edgar/data/1341439/000156459020056896/orcl-10q_20201130.htm</url></story><parent_chain><item><author>beagle3</author><text>Likely irrelevant, but reminded me of this[0]: &amp;quot;&amp;quot;&amp;quot;Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s&amp;quot;&amp;quot;&amp;quot;&lt;p&gt;Tesla will likely move its HQ to Texas following Musk&amp;#x27;s move (if it hasn&amp;#x27;t already), which would seem to be in line with Whyte&amp;#x27;s rule. However, it is likely both would have the same underlying reason (legal, financial, taxation or otherwise), rather than just &amp;quot;making it more conventient for musk&amp;quot;.&lt;p&gt;I wonder if Elison or Katz have also moved to Austin recently ......&lt;p&gt;[0] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.joelonsoftware.com&amp;#x2F;2003&amp;#x2F;03&amp;#x2F;28&amp;#x2F;finding-an-office-in-new-york-city&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.joelonsoftware.com&amp;#x2F;2003&amp;#x2F;03&amp;#x2F;28&amp;#x2F;finding-an-office-...&lt;/a&gt;</text></item></parent_chain><comment><author>canniballectern</author><text>You&amp;#x27;ve already hinted at this, but it&amp;#x27;s not just selfishness -  CEOs are much more mobile than companies. Both the CEO and the company as a whole are subject to similar incentives, but companies are big ships and execs&amp;#x27; families are comparatively nimble.</text></comment>