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Face to face communication is still the best. One of the reasons that Silicon Valley works so well is that it is so small. Many industries develop from hubs and
by skmurphy 19y ago
Face to face communication is still the best. One of the reasons that Silicon Valley works so well is that it is so small. Many industries develop from hubs and it's not surprising that web technology companies would be any different from automobiles (Detroit), insurance (London and Hartford CT), or movies (Hollywood and Bollywood (Mumbai)) to name three other examples.
For some background on Silicon Valley see
Anna Lee Saxenian's "Regional Advantage: Culture and Competition in Silicon Valley and Route 128"
http://www.amazon.com/Regional-Advantage-Culture-Competition-Silicon/dp/0674753402 http://www.amazon.com/Regional-Advantage-Culture-Competition...
"Clusters and the New Economics of Competition" by Michael E. Porter in the November-December 1998 Harvard Business Review
http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml?id=98609 http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/...
- rokhayakebe 19y agosee i think if we all sit down and say SV is the IT and fold our arms it won't work. there needs to be some of us who say "it can be another way". people and money, no matter how abundant in SV, are resources that can and should be distributed in a better manner. before bollywood, first came hollywood. now what if Indians said "we can't compete with the billions of dollars and actors, and connections in CA?" it all starts with "what if?"
- skmurphy 19y agoI believe that Silicon Valley will be a startup hub for at least another ten years. I believe that many successful technology startups will thrive in other parts of the world. I don't think these two statements are contradictory. Silicon Valley doesn't have to fail for you to succeed somewhere else. Especially if you are bootstrapping. As far as I can tell, Bollywood formed around India's domestic market, a market that Hollywood was doing very little to serve. I think the primary barrier to establishing other Silicon Valley equivalent hubs around the world is finding a local culture that doesn't punish failure. It needs not just to tolerate but to celebrate the level of prudent risk taking defines entrepreneurship.