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It's the 5th Paper Belt hub: the financial center of technology. Silicon Valley itself is dying, but Stanford is going to remain a top university, so it'll gene
by michaelochurch 12y ago
It's the 5th Paper Belt hub: the financial center of technology. Silicon Valley itself is dying, but Stanford is going to remain a top university, so it'll generate the MDs and VPs of this new increasingly IB-like industry, and tradition is strong, so San Francisco has at least 50 years (in my estimation) at the lead of the finance-of-technology business. It'll also house a lot of management consultants specializing in outsourcing, an industry that's not going to go away until labor arbitrages disappear (at least 30 years).
As for where technology itself will "go" next, I have no earthly idea. But you're right that in 2014, the Valley is a salesman's world. If you can raise funding, the balance of power between tech talent and fundraising has never been better for you.