The Silicon Boys and Their Valley of Dreams (Review and Analysis of Kaplan's Book)
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This complete summary of the ideas from David Kaplan's book "The Silicon Boys and their Valley of Dreams" reveals the history and culture of Silicon Valley. In his book, the author brilliantly captures the image of the area that has now become the epicenter of the New Economy and the symbol of high-tech, genius and ineffable wealth. This summary is a must-read for anyone who wants to know more about the people behind these world-class companies and how they achieved success.
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To learn more, read "The Silicon Boys and their Valley of Dreams" and discover more about the story behind one of the most dynamic places on the planet.
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The Silicon Boys and Their Valley of Dreams (Review and Analysis of Kaplan's Book) - BusinessNews Publishing
Book Presentation: The Silicon Boys and Their Valley of Dreams by David Kaplan
Important Note About This Ebook
Summary of The Silicon Boys and Their Valley of Dreams (David Kaplan)
1. The Dream of Silicon Valley
2. The Apple Story
3. The Rise of Oracle
4. The Venture Capitalists
5. The Netscape Saga
6. The Story of Yahoo!
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
1. The Dream of Silicon Valley
If Silicon Valley were a nation, it would rank among the world’s twelve largest economies.
– David Kaplan
Silicon Valley actually had its first start-up company in 1909 when Cyril Elwell formed the Federal Telegraph Company with two assistants. The company’s backers included David Starr Jordan, the first president of Stanford University, who invested $500 in the new venture. The most well-known employee of Federal Telegraph was Dr. Lee de Forest who developed the first vacuum tube amplifier and oscillator in 1911.
Within a short period of time, two employees broke away to form their own company – in this case the company that developed Magnavox loudspeakers – using employees recruited from Stanford University’s electrical engineering school. That basic concept of breaking away from one company to start-up a new company to commercialize new technology is the business model around which Silicon Valley continues to be built today.
By the mid-1920s, the most highly sought Stanford students were those from the radio communications lab tutored by Frederick Terman – who is today considered to be the Father of Silicon Valley
. It was in one of Terman’s graduate courses that David Packard and Bill Hewlett met and became friends. Terman encouraged Packard and Hewlett to go into business, which they did commencing on January 1, 1939 in a one-car unpainted garage at 367 Addison Avenue, Palo Alto. Packard and Hewlett had $538 in the