AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.