Other challenges to SV’s preeminence are more fundamental than the tech diaspora

Re:Other challenges to SV’s preeminence are more fundamental... by Apocryphon on Sunday March 21, 2021 @02:13AM (#26528474)

Not to mention that a lot of talent are moving to Austin, Miami, or literally anywhere thanks to the teleconferencing technology that Silicon Valley invented.

Which raises the question if Silicon Valley isn’t geographical but is rather a catch-all for the cutting edge and dumb money aspects of the U.S. tech industry. Is the Amazon/Microsoft/Valve tech scene in Seattle any less Silicon Valley than SV itself? Is Austin, which had techbros since the 90s with the likes of Trilogy [0], and an ongoing rush of new blood flowing out of the Bay Area, any less SV? Will VCs moving to Miami turn it into the funding operations center of SV?

[0] https://news.ycombinator.com/item?id=620848

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Re:Other challenges to SV’s preeminence are more fundamental... by busterarm on Sunday March 21, 2021 @02:19AM (#26528495)

I've found that as much as the technical folks have spread out to Seattle & Austin (and now elsewhere as those are getting too expensive), nearly all of the business folks stick to the Valley. Both the brilliant and the parasites.

As the capital cycle has shifted away from VC towards companies consolidating and needing to make real returns, it's going to be interesting to see if SV can stay what it is until things turn around again.

During the dotcom correction, it was still possible for some people to stick around and eek out a living. Today that's not possible without technologist wages.

Business folks are mostly trend followers now and "leaving California" is a trendy thing to do.

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Re:Other challenges to SV’s preeminence are more fundamental... by ulfw on Sunday March 21, 2021 @03:02AM (#26528640)

Zoom is mostly developed in China, not even SV.

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