Silicon Valley Tech Innovation Ecosystem

Silicon Valley’s greatest innovation – how companies evolve from ideas to successful enterprises

Appealing climate to live and work

Market validation as Exit: IPO / M&A
- Great weather a sustainable business
Corporate $
$

- Desirable metropolis
$
success $
$
$

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- World class recreation Large base of $ $ $ $ $

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early corporate adopters

$ $
$

- Tech savvy culture $

- Diversity Successful
$ Many winners.
$
A successful
- Tolerance Banks businesses
look to reinvest
IPO / M&A
Legal/IP IT also creates
in the system $
success for many
others: investors,
$

Accounting venture capitalists,

s
Peer networks ar employees etc.
ye
$

7 Large pool of highly

6- Only 10% skilled workers
(or 2000)
Venture Capitalists – Engineers
of funded ideas
– Developers
make it to growth
– Sales
stage (beyond ‘seed
– Manufacturing
money’ round)
– IT
– Admin
Angels

Mentors

Failure.
Many busineses Reinvestment
20K do not make it, waterfall
start up ideas and will pivot back
University basic research get seed money
Recycle: into the mix.
each year
Incubators – Experiences
Accelerators – Talent
– Ideas Investor forgiveness not found
Entrepreneurs elsewhere around the world Money,
Corporate labs experience,
The – Experienced connections
innovation – International enrich the
pool is rich – Optimistic ideation pool
with startup – Multi-disciplinary
nutrients National labs
Christopher S. DiGiorgio and Jeanne G. Harris, Accenture Institute for High Performance, 2013.

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