Case: Silicon Valley is overly insular and top returns will occur elsewhere
Steve Case · 20VC: AOL Founder, Steve Case on Why The Best Venture Investments of The Next 10 Years Will Likely Not Be In The Valley, Why The CEO Must Be The Shock Absorber For Company Morale and Why Vision Without Execution is Hallucination · Feb 18, 2019 · at 25:10
Steve Case, co-founder of AOL and CEO of Revolution, critiques Silicon Valley's insular mindset regarding startup creation and venture returns outside traditional tech hubs.
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“Silicon Valley has gotten a little insular, sometimes a little cocky, and when I hear people say that essentially no breakout company, you know, no big, iconic, successful company can ever start outside of Silicon Valley, I think that's crazy, and so getting people to realize that, particularly in this third wave, being more of a just Dispersion of expertise, a dispersion of innovation, and some of the best investments will not just be in Silicon Valley would be my advice to them.”
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