Happy New Year. Fair Isaac Corporation, the company behind the FICO score, officially announced today that it will be relocating its world headquarters from Minneapolis to San Jose, California.

According to the company, the primary reason for the move is access to the larger talent pool in Silicon Valley.

There are two ways to view this announcement. One way is to buy the company’s explanation. I mean, big companies with lucrative monopolies always tell the whole truth and act in the best interest of the public right? Another way to view this news is to consider what type of talent pool is available in Silicon Valley and what logic would make a company so willing to voluntarily incur the ultra-high costs of Southern California to access it. I’m sure they aren’t moving just because it’s cool to be closer to the Facebook HQ.