> My guess? The "next valley" will be highly decentralized and a lot of big cities will act as innovation hubs. Really? It seems to me like things are getting

> My guess? The "next valley" will be highly decentralized and a lot of big cities will act as innovation hubs. Really? It seems to me like things are getting more centralized, rather than less. I recall reading (though I can't find the source right now -- on mobile; correct me if I'm wrong) that venture capital is more concentrated in the Bay Area now than it was in the dot-com boom.