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The standout sentence for me: "Because it supported the soul of Silicon Valley, the generations of tinkerers and builders who started small." Starting small is
by merkleme 10y ago
The standout sentence for me: "Because it supported the soul of Silicon Valley, the generations of tinkerers and builders who started small." Starting small is not what I associate with SV!
- new299 10y agoNot what you'd associate with the current trend of SV startups. But Companies like HP, Apple. Started small. Actually kind of started as life style businesses, and then grew.
- Noseshine 10y agoI'll take this opportunity to point to the real history of SV: https://www.youtube.com/watch?v=ZTC_RxWN_xo https://www.youtube.com/watch?v=ZTC_RxWN_xo Lecture by the Computer History Museum in Mountain View. The first half doesn't seem to be about SV at all - except that it is. Bottom line: Huge spending on R&D during WWII (based mostly on debt, by the way) by government is the true foundation of SV, private capital only came in when the field had been prepared and fertilized. I keep posting this video when the context seems appropriate because it was an eye opener for me who had a CS and a business education and had always thought SV was the proof of private capital's success.
- merkleme 10y agoJust got around to watching the lecture. Fascinating, thanks for posting.
- CalRobert 10y agoHow else do you start without millions in the bank? SV is a lot different than it used to be.