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There Is Only ONE Silicon Valley

Silicon Valley is a very special place – the nucleus of high-growth, high technology entrepreneurship in the US, indeed, in the world. The Valley is world-class entrepreneurs, angel investors, venture capitalists and successful high-tech companies – all growing companies and creating jobs on one relatively small peninsula.

The Valley has been a unique place for over half a century with an environment which many other communities have attempted to emulate, but they haven’t and they won’t. Many other communities are entrepreneur-friendly and, by any measure, have the tools in place to spawn new high growth companies.

Boston, New York City, Seattle and Southern California spawn many exciting startups…but do not exceed the Valley in any measure of entrepreneurial achievement. My view is that there are only two places for entrepreneurs to thrive in the world: (1) the Valley and (2) everyplace else. And, while the undisputed leader in breeding and growing startups, the Valley is not the only place in the world (or the US) where entrepreneurs thrive. In fact, we can find very successful startup companies in every state and region in the country.

Recognition of the peerless setting in the Valley leads me to observations for several groups in the entrepreneurial landscape:

Bill Payne

Full Story: http://billpayne.com/2011/12/28/there-is-only-one-silicon-valley.html

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