4 ms·

Beg to disagree, for two reasons. * No two places can be silicon valley, just because of the twofold effects of concentration and competition. I.e. SV is what

by brrt 11y ago

Beg to disagree, for two reasons. * No two places can be silicon valley, just because of the twofold effects of concentration and competition. I.e. SV is what it is not only because of culture, but also because all big IT corps have their headquarters their, and they simply can't have two headquarters. * Not all places are best of as clones of SV. In particular, if you don't have a widespread educational and technological infrastructure, but rather any other form of assets, then it may well be better just to try to be something else than SV (e.g. a mining/industrial/financial/cultural centre, or just a place people go to sleep). The real world makes money, too.

solve 11y ago
There already are many silicon valleys though: - NYC is the silicon valley of certain types of finance companies. - LA is the silicon valley of movie production companies. - When the space race was at full speed, there was a silicon valley of aerospace technology companies. Perhaps there were several. - You might say NYC used to be the silicon valley of theater, news paper companies, advertising and media companies. - Silicon valleys of painting and sculpture used to exist. But, do you see any examples where access to 1st stage investment funding was optional? No, that's nonsense. The availability of 1st stage funding is the absolutely non-negotiable primary factor for any of these to exist. This is the secret to all of these "silicon valleys". People go there because those cities give you the best chance at immediately raising money for the type of work that city specializes in. This factor dominates everything else. I could possibly see Silicon Valley being divided up into more specialized sub-areas, and other cities taking the lead on those areas. But it will never happen unless the city is also leading in access to 1st stage capital for that industry. This has proven to be the case 1000 times over, across many industries. So the BIG question - does having talent in a city attract 1st stage capital to a city? The answer is a clear NO, it does not. This has been proven so many times. Other factors do attract 1st stage capital to a city though.

by brrt 11y ago

solve 11y ago

There already are many silicon valleys though: - NYC is the silicon valley of certain types of finance companies. - LA is the silicon valley of movie production companies. - When the space race was at full speed, there was a silicon valley of aerospace technology companies. Perhaps there were several. - You might say NYC used to be the silicon valley of theater, news paper companies, advertising and media companies. - Silicon valleys of painting and sculpture used to exist. But, do you see any examples where access to 1st stage investment funding was optional? No, that's nonsense. The availability of 1st stage funding is the absolutely non-negotiable primary factor for any of these to exist. This is the secret to all of these "silicon valleys". People go there because those cities give you the best chance at immediately raising money for the type of work that city specializes in. This factor dominates everything else. I could possibly see Silicon Valley being divided up into more specialized sub-areas, and other cities taking the lead on those areas. But it will never happen unless the city is also leading in access to 1st stage capital for that industry. This has proven to be the case 1000 times over, across many industries. So the BIG question - does having talent in a city attract 1st stage capital to a city? The answer is a clear NO, it does not. This has been proven so many times. Other factors do attract 1st stage capital to a city though.