Silicon Valley

[kenwilly]

Why is it that all of the big internet companies are located in silicon valley (Santa Clara, CA). I'm guessing it's because all of the venture capitalists are located there. They definitely get a good influx of talent from Stanford and U.C. Berkeley and it helps a big company to be located close to other big players in the industry for meetings and such.

In the new information age (Web 3.0?), it's not going to matter where you are located. But for now, we are going to have to live with all power being concentrated in one area.

[Lyte]

Well, as a former resident of Silicon Valley... which includes cities like San Jose, Campbell, Cupertino and many others... I think it began as function of California just being a great place to live! The weather is mild, you're close to lots of cool places to see like San Francisco, Carmel, Los Angeles, etc. And then, because it is a place in demand only those with some dough can afford to live there. That creates a vacuum of sorts, inviting more like minded/wealthy individuals to the area.

Now, in 2000 the dot com industry tanked and a LOT of people had to bail out of SV because they could not afford to live there anymore. I've heard though, that (property) prices are going up again and while it's no where near where it was in 1999, it may be in just a few more years!

Does that sort of answer the question??

Lyte

[stoli_sambuca]

Originally Posted by kenwilly

Why is it that all of the big internet companies are located in silicon valley (Santa Clara, CA). I'm guessing it's because all of the venture capitalists are located there. They definitely get a good influx of talent from Stanford and U.C. Berkeley and it helps a big company to be located close to other big players in the industry for meetings and such.

In the new information age (Web 3.0?), it's not going to matter where you are located. But for now, we are going to have to live with all power being concentrated in one area.

Also there are law firms who handle cases related to technology. There are accounting firms who understand what kind of accounting tech companies want to practice. All these combined makes Silicon Valley an ideal place to run a technology company.

Internet companies may be allowed to have a different set up, but Silicon Valley will remain an ideal place for bio-tech companies, high-tech companies (processor, etc.) and even engineering companies (new type of automobiles, etc.).