Steve Case: Over 95% of Silicon Valley TechCrunch audience moved from 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 16:41
Steve Case, co-founder of AOL and Revolution, recounts asking a Silicon Valley conference audience where they grew up to illustrate tech talent migration patterns.
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“I was speaking at TechCrunch Disrupt Conference in Silicon Valley a couple of months ago, and I don't know, there may be a 1015 hundred people in the audience. I said, I want to see a show of hands. How many of you are from the Bay Area? And it was less than five percent. More than 95% came from other places, because that was the land of opportunity.”
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