The cofounder of Saints Capital previously lived in San Francisco with his wife, who also works in venture capital, and had a second home in Napa. But when the Napa home burned in the 2017 wildfires, they decided to get a home in Colorado instead of rebuilding.“After being there and realizing some of the dynamics and quality of life and the benefits that were there, we decided maybe we didn’t need to be in California,” he told Business Insider.In 2019, after considering about five cities as places to move, Sawyer and his wife settled on Paradise Valley, Arizona, and have not lived in San Francisco since. Advertisement Sawyer is one of many Californians who’ve swapped Silicon Valley for Paradise Valley. According to census county-to-county migration data, Santa Clara County, where Silicon Valley is, has recently been losing more residents to Arizona.From 2011 to 2015, Maricopa County, Arizona’s most populous county, received an average of 1,127 residents from Santa Clara County each year. From 2016 to 2020, that average increased nearly 38% to 1,555.Paradise Valley, which has been called by some the “Beverly Hills of Arizona,” is nestled into the desert hills between Phoenix and Scottsdale in Maricopa County. In 2022, The Wall Street Journal reported millionaires from around the country were flocking to the affluent suburb.Joan Levinson, a luxury-real-estate agent in Arizona who helped Sawyer find his home, said Paradise Valley provided privacy and spacious lots for its residents, while still being a quick drive to city amenities, including shopping, restaurants, and nightlife. It also offers natural beauty, less traffic than more-populated parts of California, and lower taxes. Advertisement The community has long attracted celebrities, such as Muhammad Ali, w …
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