Incorporating in Delaware is not <i>moving</i> to Delaware. And entrepreneurs aren&#x27;t going to move to South Dakota if that state starts making favourable laws, because that&#x27;s not where the population centers are (and hence markets for both customers and talent).<p>Yes, you can &quot;factor in a state&#x27;s laws&quot;, but you&#x27;re missing my point that no significant demographic of migrants will bother with &quot;oh noes, that state broke into a criminal&#x27;s iphone&quot;. The &quot;invisible hand of the market as applied to the electoral system&quot; <i>does not apply</i> in the OP&#x27;s given context.