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11-05-2014, 01:27 PM
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#21
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,405
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The Bay Area has been the home of technical innovation since the end of WWII. Look at all the UC and Stanford GI Bill grads from that era that started companies in the 1950's and 60's. My father worked summers for HP in Palo Alto not long after they moved out of the garage into a building while he was getting a masters in EE from UC. Beer and softball on Friday afternoons. Nothing has changed. It's still the center of technical innovation.
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11-05-2014, 01:34 PM
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#22
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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Quote:
Originally Posted by Brat
That is funny!!
I heard that Intel put plant expansion locations to a vote by their engineers to avoid just that problem.
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An often employed tactic in mergers and acquisitions is to move the head office.
Subtle, fastest and cheapest way to get rid of your senior management.
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11-05-2014, 01:59 PM
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#23
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,169
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San Diego is the step child of all the other innovation centers... even though the cell phone industry has a huge presence here (Qualcomm) and biotech has a pretty large presence there as well.
UCSD is pretty big in both engineering and biotech - so the research/newly minted PhD's are pretty strong here.
I live fairly close to UCSD - and my neighborhood is made up of engineers, biotech types, UCSD faculty, etc. San Diego used to be all about defense contractors - but not so much anymore.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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11-05-2014, 02:09 PM
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#24
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Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,650
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If University of California is second on the list, that would be my prime candidate, since it's a decent drive away from current billionaire central station.
Time to buy real estate
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11-05-2014, 03:05 PM
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#25
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,109
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UC San Francisco, UC Berkley, and Stanford are in the same metro area. Need I say real estate is expensive there? Probably Walnut Creek vicinity would be a decent place to look, too far from the Silicon Valley for commuting but decent commute (and on the BART) to both UC San Francisco, UC Berkley.
IMHO bioscience PhDs aren't generously paid even in the Bay Area.
__________________
Duck bjorn.
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11-05-2014, 03:12 PM
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#26
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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Quote:
Originally Posted by Midpack
Undoubtedly Detroit (and Pittsburgh) thought for many years they'd never "be bested" either...
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I don't know where the next tech centers will be or if they will change, but Silicon Valley has the local universities as well as climate and scenery going for it.
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11-05-2014, 03:28 PM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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Kansas City. Google trucks running all over the neighborhood.
I hope it takes a 100 yrs. I like my retro bib overalls.
heh heh heh - all praise for curmudgeons!.
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11-05-2014, 03:34 PM
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#28
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,169
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Quote:
Originally Posted by unclemick
Kansas City. Google trucks running all over the neighborhood.
I hope it takes a 100 yrs. I like my retro bib overalls.
heh heh heh - all praise for curmudgeons!.
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The google fiber ground zero. I'd love to be in an area that Google decides to roll out their fiber internet experiment.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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11-05-2014, 03:39 PM
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#29
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,796
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Here in Pittsburgh, we keep hearing that we are. CMU does a lot of innovative tech and Google now has a presence in the "Burgh.
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11-06-2014, 06:50 AM
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#30
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Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,301
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Quote:
Originally Posted by haha
With regard to tech employment, start-ups, depth of business services and general depth of intellectual stimulation, I doubt the Silicon Valley area south of SF on the San Mateo peninsula will be bested, unless California really steps in a big one. How much sense would it have made 100 years ago to ask "what will the next US financial center be? New York of course. Even when you no longer have open outcry floor trading, the depth of services and brains in NYC is overwhelming.
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+1
Due to network and size effects I don't see Silicon Valley losing its status as innovation leader until a totally new and different industry takes over.
Sent from my iPad using Early Retirement Forum
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11-06-2014, 07:07 AM
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#31
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,204
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Quote:
Originally Posted by photoguy
+1
Due to network and size effects I don't see Silicon Valley losing its status as innovation leader until a totally new and different industry takes over.
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Again, I am sure Detroit was confident they'd never lose their preeminence either.
You might well be right but the innovation theme in Pittsburgh was steel, in Detroit it was automobiles. In Silicon Valley it was once personal computers, and industry that's matured and could no longer sustain the region. Fortunately Silicon Valley evolved when the Internet and then mobile came along. May continue, may not. There are other industries that could make another region move to the forefront, I don't know what - energy, water (shortages), other?
And while the thread was about the US, where some have stated that NYC has been and will remain the financial capital of the world, many already say London has already taken (and subsequently lost) that distinction from NYC, with Hong Kong and Singapore coming on.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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11-06-2014, 07:25 AM
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#32
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Take a look where tech venture capitalists are located, see http://www.walkersands.com/US-Ventur...-Tech-Startups
In my opinion, innovation is not necessarily the sole domain of silicon valley. Many colleges across the US have good incubation programs as well.
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11-06-2014, 07:32 AM
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#33
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Quote:
Originally Posted by M Paquette
Famous last words of an Engineering VP:
"We're moving Software Engineering from Santa Clara to Dallas, Texas."
Guess how many engineers were relocated, versus changed employers? (Hint: Within an hour of the announcement, headhunters had put leaflets on every vehicle in the parking area. There were recruiters in every nearby lunch place all week.)
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Yeah, I bet the next Silicon Valley is ..... Silicon Valley!
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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11-06-2014, 08:15 AM
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#34
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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There's a barrier to entry for workers in the Valley because of rising costs.
I'd say that the new world of remote working obviates that issue quite a bit.
So I agree that Silicon Valley will continue for some time.
Those in the Valley do need to watch their arrogance, however. Seems like the a-hole factor is going up quite a bit. Keep your humility and the Valley can lead for a long time.
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11-06-2014, 08:49 AM
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#35
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Quote:
Originally Posted by JoeWras
Those in the Valley do need to watch their arrogance, however. Seems like the a-hole factor is going up quite a bit. Keep your humility and the Valley can lead for a long time.
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Until a major earthquake strikes. I don't expect to see any new fabs located there in the future, so its not so much a silicon valley any more.
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11-06-2014, 09:43 AM
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#36
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 7,109
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I looked at that list and noticed how many VCs have multi-billion dollars to invest.
I counted 7 VCs with 5+B under management, only one of which is outside the Bay Area.
Bioscience is developing like gangbusters, they need investors with a very long time horizon who can spread their $ around to account for the high percentage of stillborn ventures in this field.
Taking a huge guess here: material science will be the source of significant innovation suitable for VC investment. Corning has done a lot with glass, I don't know of any who can develop in that field without bumping into their patents. That said there are a lot of other minerals and organic compounds out there which could have wide application. Consider Boeing's use of carbon fiber technology in aircraft.
__________________
Duck bjorn.
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11-06-2014, 09:52 AM
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#37
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 6,499
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Inside Yucca mountain.
__________________
There must be moderation in everything, including moderation.
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11-06-2014, 01:36 PM
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#38
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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I'm here in Raleigh and it's a little like Silicon Valley already. Lots of friends job hop between here and the real Silicon Valley and Austin, depending on where they find the best offers.
Raleigh has dirt cheap land and relatively easy development processes for building huge new mega office parks (I've worked on many). And a steady stream of STEM and medical grads coming from 3 huge universities with a combined enrollment of around 100,000. Lots of big tech companies and big pharma too. Plenty of start ups and a decent start up culture.
It's not that new though. The neighborhood I grew up in was full of IBM'ers (which has since waned in importance relative to newer tech firms).
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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11-06-2014, 02:26 PM
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#39
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Quote:
Originally Posted by Brat
I looked at that list and noticed how many VCs have multi-billion dollars to invest.
I counted 7 VCs with 5+B under management, only one of which is outside the Bay Area.
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My point is that there are many VCs outside of silicon valley, and even CA for that matter (probably $45B or more from a $ perspective on the list). Also, SF and Menlo Park are outside of Silicon Valley as I understand it, unless the valley is now annexing territory
Nevertheless, innovation is certainly not restricted to that geography alone.
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11-06-2014, 02:31 PM
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#40
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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I think there is an outside chance of San Diego for Bio tech, or Austin for energy/electronics.
I will say having spent the last 15 years making a modest contribution to help Hawaii develop a tech industry it's extraordinary hard to replicate Silicon Valley. The lawyer, landlord, restaurant owner, accountant, and server company who are willing to take equity instead of case are essential but pretty much unique to Silicon Valley.
Accelerators provide a similar function for start ups in other places, but its not quite the same thing.
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