Silicon Valley and how it came about
Date Submitted: 03/30/2004 16:22:07
Silicon Valley
Silicon Valley is located in the industrial region in between the Santa Cruz Mountains and the Diablo ranges. The valley also extends from San Francisco to Santa Clara and San Jose. The main headquarters of the operation is located at Palo Alto, the home of Stanford University. The valley was named after the many electronic and computer companies that have decided to locate their business there since the mid 20th century and silicone
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the internet ) as a venture capitalist could read thousands of business plans but usually a personal presentation and a good personality from the entrepreneur would get the funding.
From 1959 to 1999 the number of job positions have grown 18 000 to 500 000 which has accounted for 40% of California's export trade. The foreign born population of Santa Clara went from 175 000 to 350 000 in 15 years. By 1998 the population in the valley had grown to 2 300 000 with 30 000 of those people arriving in that year.
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