Following rise in resent demand of Silicon valley alternatives, we have made a list of top 5 places we consider as the best alternatives beased on different criteria which include the number of rising startups, environments, cost of living, big tech giants in the location and many other things. Our list includes:
- Santiago, Chile
- Shenzhen, China
- Hong Kong
- Cebu, Philippines
- Berlin, Germany
When did silicon valley begin?
The term silicon valley actually refers to a region in Northern California, which is in the USA, Silicon valley is popularly known as a hub for information and technology. Looking it from another dimension, it is located in the southern part of San Francisco Bay Area, Some other cities around the place includes Palo Alto, Menlo Park, Cupertino, and Mountain View.
The origin of Silicon Valley can be dated back to the middle of 20th century, companies such as Hewlett-Packard and Fairchild Semiconductor, and were founded in the region. These firms were among the early adopters of the chip business, which would later become a pillar of the technology sector.
To cut the story short, the word “Silicon Valley” was coined in the early 1970s by Don Hoefler, a journalist who works for Electronic News magazine. The moniker was influenced by the use of silicon in the production of semiconductors, which were a critical technology at the time.
Uptil now, Silicon Valley has become synonymous with the technology industry, and it is home to some of the world’s biggest and most innovative technology firms, such as Apple, Google, and Facebook, among many others. It has also been a hotbed of business, with numerous companies and venture capital firms based there.
Who are the silicon valley billionaires?
Silicon Valley is home to any of billionaires who have created their fortunes in the tech industry. Few of the most famous and wealthiest billionaires in the domain contain:
1. Elon Musk: He is founder of SpaceX, Tesla, Neuralink, and The Boring Company, Elon has an supposed total amount of money saved of over $200 billion, making him one of the most abundant human being in the globe.
- Mark Zuckerberg: The Founder of Meta and Boss of Facebook, Zuckerberg has an supposed total amount of money saved of over $100 billion.
3. Larry Page and Sergey Brin: The co-founders of Google (now Alphabet), Page and Brin have an supposed total amount of money saved of over $100 billion each.
- Jeff Bezos: Even though Bezos is generally associated with Amazon, the e-commerce giant is headquartered in Seattle, United states of america personified, which is not technically some Silicon Valley. Still, Bezos does have significant assets in Silicon Valley association companies and has existed a major performer in the tech industry. He has an estimated total amount of money saved of over $180 billion.
These are just few models of the many billionaires the one have fashioned their fortunes in Silicon Valley.
Who coined the term silicon valley?
The term “Silicon Valley ” was coined by a journalist called Clothe Hoefler in a order of items he wrote for Photoelectric Revelation periodical in the early 1970s. The name was stimulated by the use of silicon in the production of semiconductors, that were a key electronics of moment of truth. Hoefler recognized the aggregation of parties occupied engaged of semiconductors in the Santa Clara Canyon domain of U.S. state, and started referring to the extent as “Silicon Valley ” in welcome items. The name quickly discover and has because enhance equivalent with the tech industry and novelty.
High tech companies in silicon valley?
The list of the recent high tech companies in silicon valley are listed below. Obviously there are some companies that still suppose to make the list bit we omit them because of one or two criteria. Check out our list for high tech giants in silicon valley: