Silicon Valley

Silicon Valley

Subregion of the San Francisco Bay Area in the United States

Silicon Valley is a region in the southern part of the San Francisco Bay Area in Northern California that serves as a global center for high technology, innovation and social media. It corresponds roughly to the geographical Santa Clara Valley. San Jose is the Valley's largest city, the third largest in California, and the tenth largest in the United States. Other major Silicon Valley cities include Palo Alto, Menlo Park, Cupertino, Santa Clara, Mountain View, and Sunnyvale. The San Jose Metropolitan Area has the third highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution.The word "silicon" in the name originally referred to the large number of silicon chip innovators and manufacturers in the region, but the area is now home to many of the world's largest high-tech corporations, including the headquarters of 39 businesses in the Fortune 1000, and thousands of startup companies. Silicon Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation and scientific development. It was in the Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. As of 2013, the region employed about a quarter of a million information technology workers.As more high-tech companies were established across San Jose and the Santa Clara Valley, and then north towards the Bay Area's two other major cities, San Francisco and Oakland, the "Silicon Valley" has come to have two definitions: a geographic one, referring to Santa Clara County, and a metonymical one, referring to all high-tech businesses in the Bay Area. The term is now generally used as a synecdoche for the American high-technology economic sector. The name also became a global synonym for leading high-tech research and enterprises, and thus inspired similar named locations, as well as research parks and technology centers with a comparable structure all around the world.

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Blake Schmidt | Bloomberg
July 14, 2020
@bsindia
The chairman of Reliance Industries, whose wealth surpassed Warren Buffetts last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.
Sherrell Dorsey
July 12, 2020
Wired
Spurned by traditional venture capital firms, three businesspeople turned to other funders, government contracts, and their own savings to launch companies.
Roger McNamee
July 9, 2020
Wired
Unlike 20 years ago, today's Silicon Valley culture is elitist and authoritarian. Its leaders are part of the problem, not the solution.
Peerzada Abrar
July 8, 2020
@bsindia
Only 443 companies were funded in the January-June period this year against 725 in H1, 2019
Natasha Mascarenhas
July 8, 2020
TechCrunch
The Trump administration's sudden policy reversal on student visas are likely to have unintended side effects across the U.S.
Erin Griffith
July 7, 2020
www.nytimes.com
The data start-up, which has a valuation of $20 billion, would be the largest Silicon Valley tech listing since Uber made its debut last year.
Hany Farid
July 5, 2020
Wired
More narrow than its critics contest, the act would help stop tech giants from prioritizing profits over safety.
Alex Wilhelm
July 3, 2020
TechCrunch
Earlier this week, GGV Capital's Jeff Richards and Hans Tung joined TechCrunch for an Extra Crunch Live session. During our hour-long chat, we touched on startup profitability, the global venture capital scene, why GGV doesn't have an office in Europe, how the venture industry is responding to its stark lack of diversity and other issues. [...]
Walter Thompson
June 30, 2020
TechCrunch
VCs should take note. These are the people who will build the next Facebook.
Walter Thompson
June 30, 2020
TechCrunch
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards' "Law Firm of the Year in California for Entrepreneur Immigration Services." She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What [...]
Connie Loizos
June 26, 2020
TechCrunch
It's part of structural inequality in our society, where we're building businesses that are optimized for their financial return rather than their return to society.
Gené Teare
June 25, 2020
Crunchbase News
New entrants to the top 30 include Tokyo (No. 15), Seoul (No. 20), Shenzhen (No. 22), Hangzhou (No. 28), and São Paulo (No. 30).
Gene Marks
June 23, 2020
the Guardian
The venture capitalist with a Silicon Valley solution for minority-owned businesses | US small business | The Guardian
Walter Thompson
June 23, 2020
TechCrunch
Your company's ability to recruit and retain Dreamers has largely returned to the way things were, but the DACA program remains in jeopardy.
Anna Furman
June 23, 2020
Wired
While the company touted generous severance packages for its terminated employees, it offered unequal help to its shadow workforce.
Nick Greenhalgh
June 9, 2020
AmericanInno
A new nationwide accelerator is launching, and it's looking to mentor startups outside of Silicon Valley.
Steven Levy
June 19, 2020
Wired
Plus: Meg Whitman's experience with angry commenters, technology's double-edged sword, and the wrath of the primates.
Sidney Fussell
June 19, 2020
Wired
Sociologist and author Simone Browne connects the dots between modern marketing and the branding of slaves.
Adam Satariano and Benjamin Mueller
June 18, 2020
www.nytimes.com
Months after other countries, Britain will now use technology provided by Apple and Google to build a contact-tracing app.
Kirsten Korosec
June 16, 2020
TechCrunch
Audi has opened an office in Silicon Valley that aims to adapt and develop advanced driver assistance systems for the U.S. market. The Audi Automated Driving Development (A2D2) R&D office will be located in San Jose and initially staffed with about 60 employees. The company said A2D2 will have the "flexibility to quickly develop new [...]
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