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?
Top Related