As most of us know, most of the technological developments in the world are managed from Silicon Valley, located in California, USA. Most start-ups come to life there and many projects are designed there before becoming an essential part of our lives. Let's see some interesting facts about Silicon Valley, one of the most important attraction centers in the world.
(Yes, we will also be mentioning the series Silicon Valley.)
The start of this essential company actually pioneered the establishment of a city, which has turned into a phenomenon.
HP was created by Bill Hewlett and Dave Packard in a garage located in 367 Addison Boulevard in 1938. So, we can assume that 1938 was the year of Silicon Valley's advent. This duo came together to design their first product in the almost 65 square foot garage and the rest followed in rapid succession.
Palo Alto is one of the richest cities in the US simply because of the reason that it is the center of tech companies.
There are more than 3 million people living in Palo Alto now.
The population mostly consists of professionals employed in tech industry.
The average annual salary in Silicon Valley is $122,172. (Not bad at all)
Actually, the separation of hardware and software between tech companies has disappeared recently; because every tech company has grasped the importance of hardware in the market.
Last year, there were patent applications for 655 different products in Silicon Valley.
The US plays a huge role in world economy, and Silicon Valley plays a huge part in the US's economical domination.
If you are wondering about the whole turnover of the world economy, it is around 75 trillion American dollars!
Stanford University, which is located in Palo Alto ranks second (following Harvard, which has the first place) according to ARWU (Academic Ranking of World Universities).
There are 32 Nobel Prize winners and 21 astronauts among Stanford alumni.
The HQ of Facebook was on Network Street when it was first grounded.
Now the address as follows: 1 Hacker Way.
The real estate market in Palo Alto is incredible, and the prices are rising every day.
A standard 4-bedroom house costs around 2.8 million American dollars. So much for the high salaries... :(
HBO's popular series Silicon Valley tells the story of a fiction tech company Pied Piper.
The company drama a very talented software engineer goes through to keep his own company; the status of talented immigrants; the real estate owners who aren't actually talented but know how important it is to own a house in Palo Alto very well; and how giant companies compete against each other... Silicon Valley is both amusing and informative!