3min chapter

Odd Lots cover image

This Is What Happens to Silicon Valley in a Downturn

Odd Lots

CHAPTER

Can Government Money Really Help Silicon Valley?

Government money has always been a critical thread of the Silicon Valley story. Defense spending created a critical mass of small electronics R&D in the valley and also took Stanford from being a reasonably good mid-level research university into the powerhouse it became. The people on the ground including Stanford administrators were helping make that happen, taking advantage of these new streams of money.

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