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.
4. 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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5. How it all started
Stanford University
• 1891, Leland Stanford
• Hired faculty members from the East Coast
• But no jobs for graduates
Prof. Frederick Terman
• Father of the Silicon Valley
• Encourages students to start
companies near Stanford
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6. 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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7. How it all started
Varian Associates
• 1937
• Research on radars, microwave
• Lab and some money from Stanford University
• Good investment
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8. 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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9. 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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10. 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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11. 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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12. 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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13. Where technology emerges
Computer science
Electronics
Bio-technology
Sustainable energy
etc
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14. Today
Web 2.0 boom
• Social Networks
Facebook, Twitter, Foursquare
• User generated content, etc
Youtube, Flickr, etc
A new bubble?
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15. 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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16. 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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18. 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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