Has Silicon Valley lost its monopoly over global tech?
The heartland of the technology industry has become at once less dominant and more so
SILICON VALLEY feels like a college reunion these days. As covid-19 restrictions are lifted across America, tech-bros (and the occasional tech-gal) who have not met in person in ages are high-fiving each other all over the place. Firms from Alphabet to Zynga are urging workers back to the office. Venture capitalists are flocking back from second homes by Lake Tahoe or ranches in Wyoming. Foreigners, who during the pandemic became a rarer sight in San Francisco than unicorns, can again be spotted south of Market Street, a popular pasture for startups valued at $1bn or more.
This article appeared in the Business section of the print edition under the headline “The silicon state of mind”
Business March 19th 2022
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From the March 19th 2022 edition
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