Tech icon criticizes San Francisco, announces move to Florida: ‘Impossible to stay here’

Bay Area tech icon Keith Rabois announced he’s leaving San Francisco permanently — and he is criticizing the city on his way out.

Rabois, an early executive at PayPal, Square, LinkedIn and more, told Fortune he is “moving imminently” because he’s finding it “impossible to stay” in San Francisco. After living in the Bay Area for 20 years, he said he plans on moving to Florida.

“I think San Francisco is just so massively improperly run and managed that it’s impossible to stay here,” Rabois told Fortune. He told the publication other friends in his peer group have done the same, and a look at his Twitter account shows multiple tweets about the so-called San Francisco exodus.

Rabois is a legend in Silicon Valley as an investor and a tech exec. He rose to prominence as part of the PayPal Mafia,

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