A recent video lecture from Stanford chronicles the rise of Silicon Valley and its usurping of power from the East Coast. BusinessWeek's Spencer Ante credits several factors for the shift westward, including the father of Silicon Valley, Frederick Terman, along with a greater acceptance of ethnic diversity, and the abundance of high education. He notes that venture firms born in the 1960's and 1970's, including Kleiner Perkins and Sequoia Capital, are still successful today. Click here to watch the video.
No comments:
Post a Comment