If your marketing strategy relies on being at TechCrunch 50 or Demo, you've already failed 18 years ago
You kid right?
1. Larger talent pool - yes. 2. Lots of universities with excellent tech programs - Stanford, UC-B. Anything else? No 3. Very favorable laws? No. California has some of the worst labor laws and tax laws in the country. You only start companies here because you need the talent. There's no other reason to be in CA 4. Favorable taxes for tech workers? Compared to what? Marginal tax rates on Scandinavian billionaires? 5. Capital gains taxes in CA are insane. Entrepreneurs beware.
I'm not an East coaster or West coaster but you sir need a reality check.