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Wait what about smartphones, tablets, IoT, etc? I know that they started earlier than 2010 but I feel like the huge improvements and democratization of cloud co
by risorect 6y ago
Wait what about smartphones, tablets, IoT, etc? I know that they started earlier than 2010 but I feel like the huge improvements and democratization of cloud computing, machine learning, etc (available via the "open source platforms" I believe the parent is referring to) made the 2010s the era of ubiquitous smart devices. Alexa, smart TVs, drones, misc tracking/monitoring technologies are the new normal, not to mention the sharing economy tech of the Ubers and AirBnBs, and digital payment tech like Square/Venmo + cryptocurrency in general.
Am I, like, way off?
- adventured 6y agoNo, you're entirely correct. People frequently mislead about the advancements Silicon Valley has made because it makes them feel good to bash it. There are dozens of companies not named Uber or Airbnb that have come out of SV in the past 10-15 years that lead the world at what they do. You won't see the SV bashers talk about any of that, they go out of their way to avoid that point in fact. Where is the Cloudflare of Europe? Doesn't exist. Where is the ServiceNow of Europe? Doesn't exist. Where is the WorkDay of Europe? Doesn't exist. Where is the Palo Alto Networks of Europe? Doesn't exist. Where is the Twilio of Europe? Doesn't exist. Where is the Snowflake of Europe? Doesn't exist. Where is the Splunk of Europe? Doesn't exist. Where is the Okta of Europe? Doesn't exist. Where is the Veeva Systems of Europe? Doesn't exist. Where is the Zoom of Europe? Doesn't exist. Where is the DataDog of Europe? Doesn't exist. (DataDog is NY, however they have an office in the SV area as well) And on the list goes. These are massive, wild success stories. Most of them are already big companies and they're growing fast. With few exceptions meanwhile most of the rest of the world not named China is asleep, and SV keeps on conquering markets and building giant software companies. Where is the global competition for these companies? It largely doesn't exist, they're going to keep on with the SV traditional of pushing out of the homogeneous US market and scaling up globally and building giant companies.
- nostromo 6y agoThe comparison being made was of SV of today vs the SV of yesterday not SV vs Europe. By the way, of all the companies you listed, only Zoom and Snowflake were actually founded after 2010. And that's the point. In the past 10 years, we haven't seen any Googles, Apples, or Microsofts emerge, despite eye-popping levels of venture investment -- which is a bit disappointing.
- Apocryphon 6y agoIsn't SAP the WorkDay of Europe? Some of the other companies you've mentioned are also in spaces that likely have European (or non-SV) players. Auth0 is based in Seattle, for instance.
- deleted 6y ago[deleted]
- joejerryronnie 6y agoAs an aside, ServiceNow just become a $100 Billion company today.