I dont think SV happened because of non regulation of the software industry.
Ut happened because of cheap and plenty of VC money.
Ut happened because of cheap and plenty of VC money.
Ok, so why didn't other countries have "cheap and plenty of VC money" at the same time? Why not the UK, or Germany, or Japan?
Of all the rich countries that existed in the world at the time, why did only the US develop a Silicon Valley type of situation?
It was never about money -- plenty of other countries had rich investors. It was about willingness to take risk. US venture capital was unique in the world at that time, and it was because of their culture.
It seems part of Silicon Valley culture and technological breakthrough came from people coming from industries involved in the space program.
Space program has been the real kick-starter of VC. No other countries (except USSR) had such program.