Fmr. Cisco CEO says big companies leaving Calif. a real warning sign about future

Tesla CEO Elon Musk said earlier he left California and now lives in Texas. This comes after news Goldman Sachs is considering moving its asset management office from New York City to Florida. John Chambers, former Cisco CEO, joins 'Closing Bell' to talk about the implication for jobs and future growth of cities as big corporations leave California and New York. He also discusses the IPO market.
Tue, Dec 8 20204:55 PM EST