3 ms·
I'm no expert on the history of SV or your housing (I've never lived there, probably never will), but I thought the general story was something like this: 0. C
by hardwaresofton 5y ago
I'm no expert on the history of SV or your housing (I've never lived there, probably never will), but I thought the general story was something like this:
0. California existed
1. Government investment comes to the valley during the cold war in early SV companies
2. Innovation happens in leaps and bounds thanks to the government checkbook
3. Profit is made hand over fist by some people/groups/entities
4. People/groups/entities from (3) buy more of everything
5. More People & entities come in search of interesting ideas/cutting edge technology/profit/fame/etc
6. return to (3)
- bobthepanda 5y agoDepending on how far back you want to go 1 isn't even really the start of it. Stanford was founded by Leland Stanford, the robber baron who owned the Central Pacific, which built the transcontinental railroad. This has more or less been the cycle since the Gold Rush.