Silicon Valley is stupid (and that’s why it works)

The headquarters of Intuit Inc. in Mountain Vi...

The headquarters of Intuit Inc. in Mountain View, California (Silicon Valley). (Photo credit: Wikipedia)

According to David E. Weekly, CEO, Silicon Valley is stupid in three important ways — its startups are stupid, its government is stupid, and its investors are stupid. Companies are successful here because business intelligence is distributed, and the ultimate arbiter of correctness is the market.

In the past year, I have met with startup founders and government officials around the world. Everywhere I go, people are hungry to know how they can be clever like Silicon Valley. They assume that since I founded PBworks, a private wiki host and home to over two million groups, I must have insight into the smarts that make the Valley work, and they want to implement those good ideas in their regions.

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