4 ms·
Maybe given the history of things the concept of “Silicon Valley money,” in terms of margin, was set by very generous terms from the Cold War era military procu
by adolph 3y ago
Maybe given the history of things the concept of “Silicon Valley money,” in terms of margin, was set by very generous terms from the Cold War era military procurement.
The first initial public offering from Silicon Valley was in 1956 for a company called Varian, that sold microwave tubes for military applications.
https://diginomica.com/who-are-we-kidding-silicon-valley-was-built-on-the-business-of-war https://diginomica.com/who-are-we-kidding-silicon-valley-was...
- red-iron-pine 3y agoAye, SV was a hub of Navy research and activity since before WWI. Moffett Field, the early version of NASA, and Stanford all made it a thing long before some 90s dotcom asplosion.