A Quote by Brad Garlinghouse
When you look around Silicon Valley at new companies, there are very few ideas that are going to make a dent in the universe.
Related Quotes
More and more major industries are being run on software and delivered as online services—from movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
Japan will change. Let's create a country where innovation is constantly happening, giving birth to new industries to lead the world, when I visit Silicon Valley I want to think about how we can take Silicon Valley's ways and make them work in Japan.
These big Silicon Valley companies that are popping up are projecting growth skyrocketing in a few years. So they need a space they can grow into. Not so much in New York. Super conservative, super small.
America tends to assume Silicon Valley-style innovators can drive quick and transformative changes, but even Silicon Valley's would-be masters of the universe have discovered that energy transitions are subject to time spans and technical constraints that defy their reach.
The point I'm trying to make is if these networks of communication technologies are owned, monetized, surveilled, and classified by those with power - very few people, mainly white men in Silicon Valley - then it is a global village build upon the ideas, visions, words, and protocols of the few. So it's not global - it's like Epcot center. It's like Disneyland: a small worldview of the larger world.
In the future, 'the networked' will sometimes form alliances with the Silicon Valley companies against Congress, but sometimes we are going to want and need to target our campaigns for change at the companies themselves.
The reason we have so much talent in Silicon Valley building and investing in for-profit technology companies is that markets richly reward successful ideas, no matter who invents them. But to remain competitive in a free market, companies must exercise discipline to meet quantitative goals and eventually become cashflow positive.
I look forward to doing everything I can in my new role to help bring more and more of the best talent and best ideas from Silicon Valley and across the nation into government.
In the ideology of the new Silicon Valley, work was for the owned. Play was for the owners. There was a fundamental capitalism at work: While they abhorred the idea of being a wage slave, the young men of Silicon Valley were not trying to tear down the capitalist system. They were trying to become its new masters.
If you look at our original business model with the verticalized law firm, a lot of these companies that have this kind of full stack model are not going to survive. A lot of these companies, Atrium included, did not figure out how to make a dent in operational efficiency.
Silicon Valley isn't the only game in town. Tech is increasingly decentralized. Around the world, new tech centers with younger companies are able to embrace a different approach to talent: recruit locally, identify homegrown prospects and, in a phrase, bring them along for the ride.
We are seeing a new wave of young biologists that are attacking old problems with new tools and fresh ideas, leading to new types of bio startups and creating a much-needed engine to drive Silicon Valley into the next century.
The people running Silicon Valley are not making the show because they want to do a satire of Silicon Valley. They are just comedy writers, and they want to make a funny show.
If you think about companies that were built in Silicon Valley, a lot of them early on were chip companies. And now the companies that are there, like Apple, are much more successful than any of the chip companies were.
Traditionally, we think that people with ideas are innovators - that Silicon Valley is the world of ideas. But within the hedge-fund world, they believe that they are men of ideas - that the trade is unto itself one of ideas.
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