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do you really believe those things were created in or by silicon valley? Even beyond their public pasts, their early private champions like Bell Labs, BBN and
by trotsky 14y ago
do you really believe those things were created in or by silicon valley?
Even beyond their public pasts, their early private champions like Bell Labs, BBN and IBM weren't from california nor private equity backed.
- deleted 14y ago[deleted]
- rayiner 14y agoWell Xerox PARC was in Palo Alto, though Xerox itself is based on Rochester, NY. And Xerox was of course not a VC-backed company. Intel, however, was founded in Santa Clara and was VC-backed. Though your point is well-taken. I think big corporate R&D labs are responsible for far more of the innovation we see in the internet sector than VC-backed Silicon Valley companies. If we're talking about narratives, indeed, the narrative that seems more prevalent is actually a big company that has a cash cow (e.g. Xerox with copiers, AT&T with the telephone network) having money to throw around at R&D activity.
- joonix 14y agoIBM Watson is IMO a huge embarrassment for SV.