Ask HN: How do you create a Silicon Valley?
What does it take to create a vibrant tech hub filled with entrepreneuring hackers?
I ask with a specific place in mind. I live in Moncton, a mid-sized Canadian city that is in Atlantic Canada. The region has high unemployment and is marginalized, geographically and politically. Moncton fares better than most of the region and has about half the unemployment rate than the rest. It's geographically central and has become a "hub", drawing in a steady stream of migrants from the surroundings. We also have a lot of people in the region that are trained in tech-related field; the bulk of them work in call centres which are a significant part of the economy here. While bringing in money, the call centres unfortunately dull their I.T. skillsets.
In my mind, it seems like Moncton would be a good candidate to become a regional tech hub, but it hasn't really developed as such. So I wonder, what would it take to create a regional tech hub? Institutions? Investors? Culture? More Starbucks per capita? More personally, as someone from the tech/startup world, what would your ideal city be like?
6 comments
[ 3.4 ms ] story [ 21.6 ms ] threadThe whole series is here (earlier posts at the bottom):
http://steveblank.com/category/secret-history-of-silicon-val...
The first post is here, with a video of an hour-long talk given at a CIA sponsored conference:
http://steveblank.com/2009/03/23/if-i-told-you-i%E2%80%99d-h...
Stanford had some role in fostering Silicon Valley. I don't recall the details, but if I were trying to "recreate Silicon Valley" I would research that and then see if there was a way to get a local college involved doing something similar. Then I would look at various incubators, their success rates and details of their programs and see what low cost things could be implemented. Even just fostering meetups locally might get the ball rolling. You do not necessarily need much resources to get things started.
Ambitious people.
Many of the areas outside of the bay are composed solely of people who either want a job that pays their bills, or don't want to work at all.
The bay sort-of self-selects for ambitious people; salarymen and slobs get priced (or even bred) out, and the best and brightest are drawn in, either by educational opportunities, high-growth job opportunities, or the community itself.
New York, Boston, Boulder, Austin.. these places also have ambitious people. This is in part because ambitious people like living near other ambitious people.
In order to be Silicon Valley, the first thing a place like Moncton needs is money. Lots and lots of money. Silicon Valley got it's money because the US Government wanted lots of Cold War gadgets.
The second thing is someone in charge that is smart enough to spend that money correctly. Silicon Valley had Frederick Terman, who was very good at this.
The third thing you need is someone stupid. Well, not stupid in your area but somewhere else. Someone who is willing to give you everything you want on a silver platter for free because they think it's worthless. For example, in Silicon Valley, these "things" are smart geeks. Other cities didn't care enough to keep them so Silicon Valley took them one by one.