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This is the final product of my project for the course "Internet Project" at Telecom ParisTech. During the first part of my project, I read some books about startups and Silicon Valley (references on the last slide) as well as websites and blogs. Then, I made this presentation which is mostly about Silicon Valley and how it became the heart of the world's innovation. I hope you'll enjoy. F.C.
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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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