Has Silicon Valley really lost its crown? • TechCrunch

Where the heart of the tech industry?

The simple answer is “Silicon Valley,” a term that now often means the San Francisco-San Jose-Oakland area of ​​California. There are other options: The two largest public cloud providers, Microsoft and Amazon, are based in Washington state. Europe’s tech scene has busy in recent years, that is, it cannot be ignored in any such conversation. And the combined technology industries of China and India form a mass that carries physical weight.

So there are competitors. But Silicon Valley has a historic central place in the tech industry – it’s a hub for startups and major tech activity for the corporation spanning decades, a place that can create an investment and recycling flywheel. venture capital that other markets are emulating. Now, the question that should probably be better understood is not “where is the new tech hub”, but rather that the tech industry has become so broad-based that it has no real gravity connection. ?

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To answer that question, we must understand how Silicon Valley compares to the larger US startup and venture capital market; If Silicon Valley really loses its dominant position domestically, it certainly can’t win an international title. But if Silicon Valley is still the top dog in America, itself the recipient of the top dollar of venture capital, we’ll probably leave Valley at the top for a while. again.

The question is not idle. Famous investor and former SPAC enhancement company Chamath Palihapitiya stirred the pot recently with the following:

Over time, I predict that a more global tech industry will dilute Silicon Valley’s former hegemony as a breeding ground for what’s next?, and it will become more of a puppet than anything else. But did that happen?

We decided to find out: What is the percentage of dollars invested in the Valley now compared to the rest of the nation, and how quickly is that number changing?

We took the data, parsed the external definitions, and came up with the answer types. Have a little fun!

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