That's all different in character from modern VC in the valley though. People were not forming firms with the intention of seeking out tech startup investments

That's all different in character from modern VC in the valley though. People were not forming firms with the intention of seeking out tech startup investments in a systematic way like they do today. A unique culture has emerged since then. When the traitorous eight left Shockley, what they did would have been career suicide on the east coast. Now it is encouraged in Silicon Valley corporate culture.