the history of silicon valley

F.C.

Silicon ValleyThe history of

June 2010

Silicon Valley

Where is it? How It All Started The Park The Silicon The Internet Valley Where technology emerges Today The Future

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Where is it?

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How it all started

Stanford University• 1891, Leland Stanford• Hired faculty members from the East Coast• But no jobs for graduates

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How it all started

Stanford University• 1891, Leland Stanford• Hired faculty members from the East Coast• But no jobs for graduates

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Prof. Frederick Terman• Father of the Silicon Valley• Encourages students to start

companies near Stanford

How it all started

H&P• 1937• Started in a garage• With the help of Terman• 1939, 1st deal with Walt Disney• 2010, $115B annual revenue (9th)

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How it all started

Varian Associates• 1937• Research on radars, microwave• Lab and some money from Stanford University• Good investment

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The Park

Stanford Industrial Park• 50s, Stanford needs money• 3240 hectares of unused land• Leased to High Tech companies• Varian, GE, Kodak, etc• Defense contracts (public)• Lockheed, IBM, NASA

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The silicon

The silicon in Silicon Valley• 1955, William Shockley invents the transistor• 1958, 8 Engineers found Fairchild• Invention of the integrated circuit• Fairchild becomes a huge firm• Spin-offs: Intel, Signetics (Phillips), AMD, etc

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The silicon

The PC revolution• 1973, Introduction of the CPU by Intel• Massive production of “chips”• Homebrew Computer Club• You can have a computer at home• 1976, Apple Computer (Wozniak, Jobs)• 1982, IBM PC with Microsoft DOS• 80s, expansion of microcomputers

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The Internet Valley

80-90s, semiconductor crisis• International competition (Japan)• Competition inside the USA (Texas)• Government expenses drastically lowered

1980, ARPANET 1989, WWW, first browser Exponential growth

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The Internet Valley

90s, Internet startups• cheap, high return

Venture Capitalists• Offices on Sand Hill Road• Dot com boom, lot of money, IPOs

2000, dot com bubble• Market value >> Real value• Bubble bursts

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Where technology emerges

Computer science Electronics Bio-technology Sustainable energy etc

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Today

Web 2.0 boom• Social NetworksFacebook, Twitter, Foursquare• User generated content, etcYoutube, Flickr, etc

A new bubble?

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Today

Still “the place to be”• Huge culture of technology• Great entrepreneur networks• Seed-money is easy to get• You can fail and try a new idea

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The Future

NYC• Growing community of tech entrepreneurs

Europe• Higher investments in tech companies

India• A lot of talented engineers who need little money

The Silicon Valley state of mind is spreading worldwide

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Bibliography

Wikipedia• http://en.wikipedia.org/wiki/Silicon_Valley• All the pictures used in this presentation

Net Valley• http://www.netvalley.com/archives/mirrors/

london_svhistory.htm

Google Maps

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Interesting readings

Founders at Work by Jessica Livingston• Stories of startups’ early days

Mastering the VC Game by Jeffrey Bussgang• How to get from startup to IPO

Making Ideas Happen by Scott Belsky• Overcoming the obstacles between vision and reality

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Q&A

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