Alpha Beta Blog
Published in

Alpha Beta Blog

Photo by Greg Bulla on Unsplash

The Best Explanation Of Silicon Valley I’ve Seen Yet

The Alchian-Allen Effect

I ran into this explanation of the Alchian-Allen Effect (let’s shorthand it to the AA Effect) on Byrne Hobart’s blog. It’s an excellent explanation of how certain regions (with luck and the right characteristics) can attract a critical mass of companies from a particular sector, ultimately dominating that sector, and how the high…

--

--

--

An attempt to unravel the mystery of stock markets and make some profits along the way. Follow Alpha Beta Blog to join our community!

Recommended from Medium

Advice from 1517: How to Make the Most of Feedback

WebSummit 2020 Online: Is The Future Digital?

Part 5: Ways to Found Successful Companies

Three Lessons in Entrepreneurship from Salesforce

How can local female investors access VC investment opportunities?

pay yourself first growvestng senami amusu johnson

The 20-year-old who founded a 3D printing breast prosthetic startup

Meet (some of) SE London’s Entrepreneurs — PART 10

Top Tips For Your Journey From Educator To Edupreneur

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tony Yiu

Tony Yiu

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: https://tonester524.medium.com/membership

More from Medium

Understanding The Economic Machine Part 3

Why Uber’s New York Taxi Inclusion Is a Big Deal

Short-Sellers Are Piling In Knightscope Stock, Here's Why That's a Bad Idea

How Iran And Venezuela Are Economic Peas In A Pod