Utah Courts Venture Capitalists in California.

By Jim Evans, The Sacramento Bee, Calif. Knight Ridder/Tribune Business News

Apr. 5--MENLO PARK, Calif. -- Utah Gov. Olene Walker -- in Silicon Valley on Friday to pitch Utah to California venture capitalists -- recounted chiding Gov. Arnold Schwarzenegger about his state's business climate when the two met at a governors' conference two months ago.

"I looked at his problems and thought, 'Thank goodness I'm governor of Utah,'" Walker said. "I kidded him a little about the high premiums that employers have to pay in California, and he said he was going