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"We wanted flying cars, instead we got 140 characters." ― Peter Thiel I think people love to use "The Bay Area" and "Silicon Valley" and conflate that with "so
by thephyber 6y ago
"We wanted flying cars, instead we got 140 characters." ― Peter Thiel
I think people love to use "The Bay Area" and "Silicon Valley" and conflate that with "software startups that raise VC funding".
Silicon Valley still produced most of the internet (for better or worse) and the only new American mass production car company in my lifetime. Let's not overlook the successes while we are busy complaining about the average (especially because the VC model assumes 900+ failures for every 1-3 unicorn IPOs).
Not sure what the next few decades will bring (I'd be pleasantly surprised if the USA doesn't go through an actual revolution), but I'd wager that "real innovation" is still more likely to happen in Northern California than almost anywhere else in this country, even if the establishment VC club doesn't get disrupted.