I have been living for over 10 years in Silicon Valley. I advise several startups in the US and Europe, meet regularly with C-level managers from all types of organizations, and at some point it always comes down to one question: "What makes Silicon Valley special?"
Many books already cover this topic. Every year, shiploads of eager managers travel to the tech-Mecca looking for the magic recipe. Other regions are trying their best to close the gap — Tel Aviv, Berlin, Shanghai — but none of them come close.
I coined the term for my differentiator theory: The startup e-LSD.
Experience
No other place produces more innovative companies and products than the Valley. Experience is tough to replicate. There are hundreds of law firms, patent lawyers, accountants, suppliers, marketers, strategists, advisors, and investors who practice over three decades of founding and supporting startups. Comparing SV with the rest of the world is like comparing fruit flies to giant sequoia trees. The Valley creates 25 generations each year. What works replicates fast. What doesn't work dies quickly.
Learning
"Never go to bed as dumb as you woke up." The first time I arrived in Silicon Valley, I realized from the first minute that I had to learn constantly. Every day is packed with events — VC breakfasts, marketing lunches, demo nights. The whole tech environment is constantly absorbing every piece of knowledge it can grasp.
Sharing
A big mistake I made when I first moved here was to keep my idea secret. I remember the first meeting with experienced founders — they would never sign an NDA. "Either you tell so you get feedback, or you don't, and you learn nothing." You share, you tell, you listen, and you learn. Everyone is busy with their own idea. No one drops their pen and steals yours.
Doing
"Nothing is a mistake. There's no win and no fail. There's only make!" Many people come up with great ideas, but when you live here in the Valley, you feel forced to go out and try it. Being surrounded by people who do — all the time — is the best encouragement.
Come visit. If you make it to the Valley, let me know — we can meet for coffee or beer by the Bay.