SILICON VALLEY

• Likitha• Nikita• Nishanth• Oyvind

History & Background• Stanford University (Oct 1891)• Vaccum tube technology 1921• William Hewlett & David Packard founded HP 1939• Frederick Terman 1922 (”Father”) becomes Dean(1945)• GE, Kodak, Xerox open in Palo Alto (1960´s)

Route to the Silicon ValleyUnique geographic environment

Management culture & InnovationFinance

MilitaryVenture Capital

http://www.youtube.com/watch?v=m8YL6aufrd0

Cloning Silicon Valley?

• https://www.youtube.com/watch?v=UZe7077IA3I#t=2m05s

• http://www.youtube.com/watch?v=21voMGV4-zk&list=PL87A9486320FDE836#t=0m15s

Silicon valley in other countries: Silicon valley vs NewYork Silicon valley vs London

Ecosystem 22% more companies 54% more companies

Job creation 11% more 38 % more

Start ups NY 27% more money 30% more money

products 2.5x more financial 50% more ecom.

No of startups Twice more in S.V Twice more in S.V

Imitating silicon valley?• Germany

• Israel

• China • Taiwan • Hong Kong

Silicon valley

• Brazil

• Australia

• India• Singapore

The intangibles

The University Entrepreneurship Report VC and Angel Financing Data to University Alumni, 2007 to 2011

”Boston just doesn't have the startup culture that the Valley does. It has more startup culture than anywhere else, but the gap between number 1 and number 2 is huge; nothing makes that clearer than alternating between them” – Paul Graham, Y Combinator

http://www.youtube.com/watch?v=Kg03E9-9Xio#at=68

http://www.youtube.com/watch?v=fmpamxnfzxI#t=0m12s

Execution and focus on the walk, rather than the talk

Why did Facebook move to Silicon Valley?

”That was one of the reasons that we accepted from Peter Thiel, because he could relate to us on a founder level” – M. Zuckerberg

Passing on Facebook "May Turn Out To Have Been A Mistake” – S.Tobin

http://www.youtube.com/watch?v=XXlcYosCRgw - t=7m34s

http://www.youtube.com/watch?v=XXlcYosCRgw#t=30m10s

Why Silicon valley works?Perception of being synonymous with innovation.

Existing Infrastructure and community.

Ecosystem approach of University-Industry and Industry- University collaboration. Less talking, more doing

Encouraging platforms such as Y combinator, Launch pad and TED talk.Disruptive technology – high innovative power.

Silicon Valley – Is everything as glamorous as it seems?

• Stereotypical Innovations – Too pre-occupied with fad creation.

http://www.youtube.com/watch?v=59uTUpO8Dzw#t4m

• Bizarre Valuations and quick exits.

• Gold rush mentality

• More software than hardware technology.

http://www.youtube.com/watch?v=59uTUpO8Dzw#t13m32s

• Need of own financial services, media and communication services, Healthcare and manufacturing services.

Future of Silicon Valley

Is the Valley going to be sustainable the way it is?

OR

Are we dancing on it’s grave?