How Silicon Valley turned into a 3 trillion dollar city..

We all know that Silicon Valley is a global center of innovation, high technology, and social media. The area is home to many of the world’s largest technology corporations. It includes headquarters of over 30 businesses in the Fortune 1000 and thousands of startup companies. Silicon Valley also accounts for one-third of the venture capital investments in the U.S. which has helped it to become one of the leading tech hubs of the startup ecosystem.

Thanks for the large companies like Facebook, Apple, Google, and Tesla, it became a $3 trillion neighborhood. But it hasn’t always been like that. Silicon Valley was born through some contributing factors including skilled STEM research, big number of venture capital firms, and the U.S. Department of Defense spending.

Late 1800s. Silicon Valley became a hub of the early telegraph and radio industries.

Early to mid 1900s. San Jose became home to one of the US’s first radio stations. The area also became a hub for the early days of the aerospace industry right after Navy had purchased Moffet Field to maintain USS Macon. In the meantime, brothers William Hewlett and Dave Packard founded Hewlett-Packard in Palo Alto. That was the start of when computers were getting invented and the size of the computer was the size of a room. In 1940s, William Shockey has co-invented the transistor which is known as today’s computer processor. After his invention, he started hiring recent Stanford grads and employed many of them.

Mid to late 1900s. Employees of William Shockley decided to leave the company after growing tired of their employer’s behavior. Shockley even named them as ‘Traitorous eight’ afterward. Eventually, those employees have both founded their own companies and have helped build some of the most known companies in the ‘computer processor’ industry. Robert Noyce and Gordon Moore founded Intel, some other members of the ‘Treacherous eight’ helped found AMD, Nvidia, and Venture fund Kleiner Perkins. In 1969, the research institute of Stanford became one of the four nodes of ARPANET which is a government project that would soon become the internet.

In 1970, Xerox opened its PARC lab which invented ethernet computing and the graphical user interface. After a decade, companies such as Apple, Oracle, and Atari were founded in the Palo Alto that made Silicon Valley the widely accepted computer industry.

Some of the last companies that joined the list are Twitter, Tesla, and Uber. To this day, the growth of the tech industry still continues to grow in the area.