| If the "Silicon Valley Spirit" is about the innovation and entrepreneurship, then it may be more or less always here. However, if it means another boom with abundant VC investment, high employment rate and successful IPOs, then it isn't really back yet. It is true that some VCs started to invest in hi-tech industry again last year. But it is no where near what was in late 90's. If you drive around the Silicon Valley during week days, you will sill find many office buildings with empty parking lots. The area probably has the highest hi-tech unemployment rate in US. The Silicon Valley hasn't found the "next big thing" yet. And it also doesn't know how to handle the competition from other areas such as China. So many people are now wondering whether the "Silicon Valley Spirit" will ever be truely back to the Silicon Valley in the future. |