The Decentralization of American Innovation
In the 2000s, Silicon Valley (SV) was the epicenter of wealth creation, with giants like Google, Facebook, and Uber making it the place to be for big returns. Merely living in Silicon Valley often provided a front-row seat to early-stage opportunities that became massive successes. However, the internet has broadened access, opening doors to talent and ideas from all over the globe, and we're now seeing the results. Peter Thiel, ahead of the curve as usual, highlighted this shift back in 2018...