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High-profile entrepreneurs like Elon Musk, venture capitalists like Peter Thiel and Keith Rabois, and big companies like Oracle and HP Enterprise are all leavin
by caslon 6y ago
High-profile entrepreneurs like Elon Musk, venture capitalists like Peter Thiel and Keith Rabois, and big companies like Oracle and HP Enterprise are all leaving California.
Oh wow! Larry Ellison, that one guy who lies about his cars putting literal lives at risk, a figurative vampire (infuses literal blood of young people into himself) and his thrall, and a company that hasn't been relevant since the 1970s all are leaving the Valley!
I don't even live there, and I never plan on living there, but they're not citing anyone all that meaningful. Larry Ellison is somehow the person who comes off the best out of that group! Larry Ellison! A guy who can best be described with a lawnmower metaphor! Come on!
And now a guy who corporatized free software to the point of it being completely unenforced and also coined Web 2.0 to sell you books is telling you to leave!
I'm skeptical about this "end" of the Valley, somehow. Almost seems like they're trying to get you to leave to devalue the price of real estate, scoop it up and then advocate once more for the Valley.
- busterarm 6y agoOracle is, unfortunately, extremely relevant, just in none of the places you care about. Your biases keep you from seeing it. In fact I was just recently involved in some conversations that could see the spend of tens of millions on their Cloud platform and where they are seriously looking like the strongest contender on both the technical and the business side. Second tier cloud providers should be extremely worried about Oracle eating their lunch. Eventually the big three might have to too...
- caslon 6y agoSilicon Valley's value is in innovation. Oracle doesn't innovate, and Amazon's in Seattle anyway. There's really nothing that matters as far as any of the cloud companies; they're valueless.
- busterarm 6y agoWas. Now it's just a myth that people perpetuate. What SV has now is a bunch of greedy people looking to give money to ideas. It's not that SV technologists are innovators anymore, it's just that they are in proximity to money. Now the business people and their greed and money are leaving SV en masse. What does it have left?
- caslon 6y ago"give money" This isn't what happens. SV worked fine before there was money there, they'll work fine after. No VC is going to stop throwing money with conditions at people in the Valley, because they're not stupid, and they know how to make more. They're just going to tell other people to leave.
- busterarm 6y agoCapital is cyclical and we're moving out of the phase that's favorable to VCs literally right now. We're in a consolidation period and winners/losers are going to be picked very soon. Funding has been slowing down a lot.
- caslon 6y agohttps://news.crunchbase.com/news/global-2020-funding-and-exit/ https://news.crunchbase.com/news/global-2020-funding-and-exi... Global VC Report 2020: Funding And Exits Blow Past 2019 Despite Pandemic Headwinds
- Apocryphon 6y agoThe article neither tells anyone to leave SV nor is it talking about SV as a geographical area but rather the modern state of the tech industry, if you and so many others like you have actually bothered to read to the end of the very first paragraph. > Is this the end of Silicon Valley as we know it? Perhaps. But other challenges to Silicon Valley’s preeminence are more fundamental than the tech diaspora.
- perl4ever 6y agoI read, or skimmed, all the way to the end, and I don't think it gets any better. One particular super up-to-date cliché that annoys me is where it goes on about "casino capitalism". So today we're not attacking "Wall Street's short term thinking"? When you're against risk taking and conservatism, all you're saying is "people shouldn't make mistakes, blaargh". You're right, they shouldn't. It's been noted. I don't think the whole thing says anything worthwhile at all, or contains any non-clichéd thought, so I think people who didn't read it should be excused. All I want from a "thoughtful" article is some thought that is new and could be right or wrong. "Not even wrong" gets all the clicks.
- caslon 6y agoI did read the article. I'm still 100% confident that it's just a way to get people to leave.