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No, this isn't satire. Please check my other comment: https://news.ycombinator.com/item?id=16218591 https://news.ycombinator.com/item?id=16218591 There are alw
by timewarrior 9y ago
No, this isn't satire. Please check my other comment: https://news.ycombinator.com/item?id=16218591 https://news.ycombinator.com/item?id=16218591
There are always exceptions (like your containerization example), which can be attributed to serious tech players like Yahoo, Google and FB in South Bay. However holistically, SF has had much more unicorns and near unicorns. The contrast between SF and rest of the world has been more pronounced in recent year vs pre-2010 (except China of course - due to the growing economy and closed nature making it difficult for outside companies to operate).
- DavidHm 9y agoYou seem to be conflating valuation with innovation.
- briandear 9y agoAnd the most valuable company in the word is in the South Bay — worth more than every San Fran unicorn — combined. Valuation has zero to do with innovation and using unicorns as a measure of bleeding edge tech is nonsense. Some of the very beat tech doesn’t necessarily turn into the best businesses. And don’t forget, the South Bay has one of the most innovative middle-out compression innovators in history: Pied Piper.