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S ILICON V ALLEY: A G OLD R USH L EGACY Silicon Valley Association CH Webster University Graduate Program in Telecommunication Management Geneve-Bellevue.

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Presentation on theme: "S ILICON V ALLEY: A G OLD R USH L EGACY Silicon Valley Association CH Webster University Graduate Program in Telecommunication Management Geneve-Bellevue."— Presentation transcript:

1 S ILICON V ALLEY: A G OLD R USH L EGACY Silicon Valley Association CH Webster University Graduate Program in Telecommunication Management Geneve-Bellevue January 26, 2004

2 S PEAKER Richard Allan Horning Chair, Emerging Technologies Practice Group Tomlinson Zisko LLP Palo Alto

3 E LEMENTS OF AN E NTREPRENEURIAL E NVIRONMENT Perceived Opportunity Risk Takers Support Infrastructure Propagation of Knowledge and Skills First Class Educational System Encouraging Entrepreneurship Capital and Liquidity Rewards and Honors

4 E ARLY O BSERVATION OF THE O PPORTUNITY In the hands of an enterprising people, what a country [California] might be -- Richard Henry Dana, Jr., Two Years Before the Mast (1840)

5 A V AST W ASTELAND A village of 600 to 800 inhabitants … with thousands of ground squirrels burrowing in the plaza – description of San Jose on 1846 when the population of all of California was 7,500 Not a single modern wagon to be had …, nothing but the old Mexican cart with wooden wheels, drawn by two or three pairs of oxen yoked by the horns -- Lt. William Tecumseh Sherman, reporting on Monterey in 1847 when the population was 1,000 to 1,200

6 J ANUARY 24, 1848 Eureka ! Gold Mine Found, The Californian, March 15, 1848 California, no doubt, is rich in mineral wealth; great chances are here for scientific capitalists

7 C ALIFORNIA IN 1865 Population has soared to 365,000 Wheat crop more valuable than gold Manufacturing revenue $20M greater than gold mined in foothills

8 T HE B IG F OUR Crocker, Hopkins, Stanford, Huntington

9 O PENING T HE W EST

10 T HE F ARM

11 P ALO A LTO AS THE C ENTER OF THE U NIVERSE It requires no prophets tongue to foretell that in the future Palo Alto will be a center sun, whose rays shall clasp within their bright radii greater opportunities for culture and education, more forms of grace and beauty wrought from the willing elements at hand, and a community of higher intellectual development than can be found within the same extent anywhere else in the world – Palo Alto promotional brochure (circa 1890)

12 F EDERAL R ADIO T ELEGRAPH C O (1909)

13 E ARLY W I- F I

14 T HE L AND G RANT S CHOOL

15 B ERKELEY C YCLOTRON (1932)

16 F EDERAL R ADIO S PIN O FFS

17 A NOTHER S TANFORD S PIN- O FF

18 S TANFORD G RADS H IT B IG T IME

19 C ROCKER R ESEARCH L AB

20 T HE T UBE

21 S HOCKLEY S EMI- C ONDUCTOR

22 T HE T RAITOROUS E IGHT

23 T HE I NVENTION OF THE V ALLEY Don Hoefler, Silicon Valley USA, Microelectronic News, January 11, 1971

24 T HE U LTIMATE G OLD R USH L EGACY Business & Professions Code Section Except as provided in this chapter, every contract by which anyone is restrained from engaging in a lawful profession, trade, or business of any kind is to that extent void.


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