Founders

The cardinal sin to wanting build "another Silicon Valley" is to think of it as a money problem.

Silicon Valley works because of:
1) unique historical circumstances as precondition
2) a reinforcing cultural feedback loop that took decades to develop

Network effect as a moat.

The cardinal sin to wanting build "another Silicon Valley" is to think of it as a money problem.

Silicon Valley works because of:
1) unique historical circumstances as precondition
2) a reinforcing cultural feedback loop that took decades to develop

Network effect as a moat.

https://warpcast.com/dwr.eth/0xbca3715d

The problem with programs like that is the Gov is incapable of granting awards in a fair or egalitarian way. Instead is based on insider relationships and kick-backs. There is a reason that the richest zip codes in the US are located near DC.