Wednesday, October 18, 2006

Different about Silicon Valley?

Chris Shipley, of DEMO, on the concentration of entrepreneurs in Silicon Valley
... the marked difference between the Valley and Valley wanna-bes. This difference is the intangible “it” that is as difficult to describe as it is to replicate. The spirit and culture of entrepreneurship thrives in Silicon Valley. It is a culture that eschews stability and certainty. When a business fails, its people scatter to new ventures that are the basis of new possibility and economic growth.
The technology innovation that comes from outside the [Silicon] Valley is much more diverse, and arguably much more practical. I met about 30 companies across four days outside the Valley last week. Only two of those might have laid a claim to a “Web 2.0” moniker. That was refreshing.

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