What The Economist Got Wrong About the Decline of Silicon Valley [Forbes]
International Business Machines Corporation (IBM)
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Source: Forbes
A man reads a copy of The Economist magazine in this arranged photograph in London, U.K., on Tuesday, July 28, 2015. Photographer: Simon Dawson/Bloomberg I never thought I would start a blog post with such an audacious claim about the journalistic acumen of The Economist. However, having just finished reading The Economist’s September 1st cover story on Silicon Valley titled: “a victim of its own success,” I felt compelled to note some items that the highly-regarded publication missed in its cover story. As a quick aside added for perspective only, I worked in the tech industry in Silicon Valley for nearly 20 years, living there from 1997 to 2015. I decided to leave the Valley and relocate to Austin, Texas to start a venture capital firm called Next Coast Ventures. You might expect that I would celebrate any publication’s declaration of the “death of the Valley” as support for my own personal decision, but that’s not the case. Many of the observations
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