The City By The Meh: Thoughts On Falling Out Of Love With The Valley
techcrunch.com
techcrunch.com
The Valley is a lot more than the startup "scene". I just went to the Tech Museum in San Jose today (well, yesterday now). What struck me - aside from all the "sponsored by" notices - is just how much actual, genuine innovation goes on here.
Think of all the things that we, as humans, can do now that we couldn't even dream of fifteen years ago. We have rovers running around on Mars (well, a rover - RIP Spirit), performing experiments and sending back photos in near real-time that can be viewed by millions of people on the Internet. We can type a few words into our browser and get back information about nearly any topic imaginable. We can visit any place on Earth, in 3D, from both the air and the ground, without leaving our computer screen. We have computers that can fit in your pocket with more processing power than $10K servers from 10 years ago. We can read your entire human genome for a couple hundred bucks, and predict whether you're likely to get one of any number of different diseases. We can even alter the genes of a living human being to treat several conditions that used to be a death sentence.
Now think of how many of those innovations happened in the valley. Where would we be without NASA, Google, Apple, and Genentech?
I believe a lot of the problem is a certain fetishization of startups that's been going on lately, where the important thing is not what you do, but merely that you're a "startup". TechCrunch feeds into that directly, as does SXSW, and I think a lot of the author's problem is that his peer group has essentially bought into the hype cycle.
But if you follow the technology and how it can be applied to help humankind, and only consider the "startup" aspect later, there's a very different picture. Because people in the Bay Area are still doing very, very cool things. The only problem is, they're too busy doing cool things to go publicity hunting. And there're lots of other people who're doing pretty lame things but have plenty of time to pitch it. This is how it's always been - at the exact time that Larry and Sergey were working on Google in the garage, Pets.com was raising hundreds of millions in venture capital, and Kozmo.com was delivering goods to your doorstep for well under cost.
It's a very transient area, which is one of the things I was happy about when I moved to Italy. Over here, when you make a friend, and they'll probably be there in 5 years. It's much more productive to invest in social things here.
That said, I don't think the Bay Area is likely "going downhill" - it's a place that's constantly reinventing itself, and, objectively, has some nice things about it in terms of the climate and geography. It's just not, for me, a place to think about "long term". Maybe if you're wealthy, it's better, but the way I think about it is that even if you're rich, stuck in traffic on 101 is still stuck in traffic on 101.
I moved out to San Jose in 1994 and things were just starting to heat up with the Internet and it was super exciting. I lived through the crash and started a company in 2002. I eventually left the US for family reasons after having spent 11 years there.
Guess what? Things change constantly. That's the nature of the place. If you are worried that your friends are leaving etc. it's just that they are leaving, not that the place is dying.
> Of course, I’ve only been around for one cycle, and it’s quite possible it was ever thus.
He should have written that line, realized it was true and then deleted the entire article. Since he's obsessed with Zuckerberg he should think a little about the past: people were emulating Andreesen (now he looks like a pretty 'old' guy) and Filo and Yang were heroes. It just goes on and on like that.
> What I’m trying to say, I suppose, is this: I’m bored.
Fair enough. Naff off back to the UK or wherever. For my part, I'm happiest talking to the young engineers and entrepreneurs thinking of the next big thing while emulating Zuck or whoever. Who cares that they are emulating Zuck? If they have passion, they'll try to make something insanely cool. Many will fail, some others will become the people to emulate.
Sure, The Social Network was a good movie and all, but a good movie about Silicon Valley doesn't mean that now it's going to come to an end. How about Startup.com? That was excellent, or if you want to go further back read Soul of a New Machine (yeah, I know it was Route 128).
Frankly, you're a wannabe if you spend your time thinking Sarah Lacy, SXSW or The Social Network are in any way relevant.
All that matters are coders, and I'm guessing this guy isn't a coder. Just another moth flying around the flame.
He's a reporter covering a war from afar. Time to pick up a rifle and get in the shit.
While the views of people who are in the proverbial trenches (or have been in the past) are interesting they are not a substitute for journalistic coverage.
Whether or not you would be your choice to act rather than observe isn't important. It is important that the industry is covered by journalists.
If the author feels that companies are over-hyped, then instead of just lavishing them with praise, he should ask critical questions of them. And not just this author, all of them. I remember watching an interview Sarah Lacy had conducted with the dude from ZocDocs and I thought to myself, "Is this for real?". She was giddy as a school girl, talking about how he played the role of Aladdin in a Disney Park when he was younger or some nonsense like that - when there are blaring holes in ZocDocs idea that she should have broached upon. At least Arrington, like him or not, had the balls to ask some tough questions and be somewhat critical.
And honestly - technology isn't just internet startups. How about that biotech company that's trying to find a cure for metastic lung cancer? No it's not going to create a bunch of billionaires overnight, but what its doing is probably far more meaningful than creating technology that allows you to check-in to your neighborhood bar to get free pretzels.
And I'm not from the Bay Area, I'm from the NYC area (believe me I'm the last one to hype the NYC tech scene), and I realize good tech companies can come from anywhere, but the Valley continues to have the special sauce that just makes things work - it's not just a matter of whats in the Valley, but also what is not (stodgy investment banks and old media) that actually helps it remain a highly creative environment - probably the most highly creative on earth right now. That's not changing any time soon.
At least that's the impression that I get.
You can't afford to live well in the Valley unless you've had a liquidity event. This is particularly true if you want to start a family, which chops off the population at age 30 or so. There's a great romantic myth of the twenty-something founder, and sometimes it's true, but lots of great companies founded by 30-50 age bracket people with a lot of experience under their belt too.
For example, Titanic had numerous films made about it (http://en.wikipedia.org/wiki/Template:Titanic_on_film_and_TV), but not every ship that sinks gets a movie, these didn't: http://www.infoplease.com/ipa/A0005329.html
The Bismark did get a movie, IIRC, but is strangely not on your list. At first I thought it was listing only passenger sinkings, but then the Maine shouldn't be included either...
I get the impression from afar that the Valley has become a center of hype more than a center of substance. The whole Singularity University thing strikes me as a shark jumping moment.
Edit: added the word 'optimised'
He's not hating on it. That's facebook.