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Is Silicon Valley Really on the Verge of Losing Its Crown?

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Where is the technology industry's beating heart? The simple answer is "Silicon Valley," which now refers to the San Francisco-San Jose-Oakland area of California. There are other possibilities: Microsoft and Amazon, the two largest public cloud providers, are headquartered in Washington. Europe's tech scene has been active in recent years, so it cannot be ignored in any such discussion. And the combined tech industries of China and India form a substantial bloc. So there are candidates. However, Silicon Valley has a long history of being a hub of startup and major corporate technology activity, and it has been able to create a venture capital flywheel of investment and reinvestment that spans decades. Silicon Valley To answer that question, we must first understand how Silicon Valley compares to the larger venture capital and startup market in the United States; if Silicon Valley is truly losing its domestic dominance, it cannot claim an international title. But, if Silicon Valley remains the top dog in the United States, and the leading recipient of venture capital dollars, we may have to leave it there for a while longer. This is not an idle question. Chamath Palihapitiya, a well-known investor, and former SPAC booster, recently sparked controversy by saying: It is believed that, in time, a more global tech industry will dilute Silicon Valley's former hegemony as the spawning point for what's next, and that it will become more of a figurehead than anything else. But has this occurred? We decided to find out: What is the current ratio of dollars invested in the Valley versus the rest of the country, and how quickly is that figure changing? We've gathered information, parsed external definitions, and arrived at a tentative solution. Let's have a good time!

By Alberto Mesti

Introvert. Eccentric at times. A fashion enthusiast, designer and writer. Lives for the drama, hates being at the centre of it. Can be best described as \'wannabe modern day Lady Whistledown\'.

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