A Quote by Pierre Omidyar

Companies in Silicon Valley invest a lot in understanding their users and what drives user engagement. — © Pierre Omidyar
Companies in Silicon Valley invest a lot in understanding their users and what drives user engagement.
If you want to invest in early-stage technologies, putting a timeframe on it does behold you to Silicon Valley economics. You've got a certain time period where you have to make the money. And you have to invest that money whether you find good companies or not.
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.
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.
Obviously, everything that has been built in Silicon Valley is something that a lot of places are trying to mimic, and rightfully so. There's been a lot of amazing companies that have come out of there.
I've been reading a lot about Silicon Valley history recently and was struck by just how core the lack of unions has been to the American tech industry's evolution. It's enabled the constant creative destruction that keeps Silicon Valley relevant and thriving in a rapidly changing world.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
I'm probably the worst Silicon Valley insider ever. I don't hang out with Silicon Valley people.
What created Silicon Valley was a culture of openness, and there is no future to Silicon Valley without it.
I'm a Silicon Valley guy. I just think people from Silicon Valley can do anything.
Just the number of people - 'Silicon Valley''s a relatively small, core cast, whereas 'The Office' was enormous. Also, I feel more of a sense of ownership of 'Silicon Valley' because I've been there from the get-go.
There's a reason why Silicon Valley is the worldwide innovation center, or why this is the startup valley, because I truly believe startup companies like mine are pushing the economy forward.
Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.
When I got to the Bay Area, everyone was talking about 'Silicon Valley, Silicon Valley,' so I just wanted to go and learn more about it.
...Silicon Valley's success comes from the way its companies build alliances with their employees.
I don't program, so I don't belong in Silicon Valley. If I did belong in Silicon Valley, I'd be there creating a revolutionary compression algorithm for billions of dollars.
It's almost a cliche that great Silicon Valley entrepreneurs don't go sit on a beach when they make a lot of money; they get back to work building another company or at least investing in other people's companies.
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