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Which is why Silicon Valley is in California, and why attempts to create a startup culture elsewhere have mostly failed. I doubt that that is the main reason.
by ma2rten 6y ago
Which is why Silicon Valley is in California, and why attempts to create a startup culture elsewhere have mostly failed.
I doubt that that is the main reason. Also, in this case it worked against the startup.
- jrott 6y agoThe just so story that is told about this is with no non compete there would be no Intel. The founders would have all been stuck at Fairchild.
- nradov 6y agoThat was one key factor behind the original growth of Silicon Valley. The others were the presence of several excellent universities, and a high level of funding from the military-industrial complex during the Cold War.
- kps 6y ago> The founders would have all been stuck at Fairchild. The founders of Fairchild would all have been stuck at Shockley.
- vmception 6y agoIts a key reason. Mindshare evolves faster because cognitive IP is usuable. What happened to the startup is the expected outcome and they should have known not to use California’s courts. The CEO of Hooked missed their shot by declining the first offer. All of their employees were at-will and could always have been extended offers which is what subsequently happened. Press F to pay respects.