Can Silicon Valley Be Recreated Online?
Silicon Valley is an $840 billion economy. Replicating it isn’t easy but as we live increasingly online, the digital world now provides an opportunity that wasn’t there before.
I am a citizen of the world. French by birth, I lived 17 years in San Francisco, and the rest in Europe where I managed different companies in 9 countries. This experience gives me a unique perspective on cultural and business differences.
Every country wants to become the next Silicon Valley. It’s an $840B economy which would make it the 18th largest global economy, bigger than the Netherlands.
For this reason, startups are at the center of political initiatives. Full employment is what creates stability, and startups are the new engine, creating new jobs and new economies. So politicians are riding the startup wave. Most of them do it for the wrong reasons, as they see this movement as a PR opportunity.
Recreating Silicon Valley is not easy. A lot of initiatives have been tried and failed, China being the exception. Now the COVID pandemic clearly demonstrated that we could work and perform remotely, at least in the tech world. We have become digital and we live on the internet.
