Is San Francisco the New Epicenter of Silicon Valley?

September 6, 2010

For years it’s been an open secret – young entrepreneurs and tech-savvy folks who work for the big Silicon Valley conglomerates have been living in San Francisco while commuting to Silicon Valley. After all, does anyone really relocate to northern California to live in Mountain View?

Now it appears that many of these people also did not move to the Bay Area to commute. They’ve started companies in San Francisco proper – not 30 or 40 miles south on the 101 freeway in Palo Alto or San Jose, traditional epicenters of what’s typically considered Silicon Valley.

According to the San Francisco Sunday Examiner, San Francisco has been “beating out South Bay cities for venture capital, boosting key sectors and creating a hotbed of growing firms.” Software companies, social media, gaming, green tech and biotech are leading the pack of industry sectors attracting the VC dollars.

Good news for the entire innovative tech industry in the Bay Area (which includes Silicon Valley and San Francisco): “investors poured nearly $3 billion into Bay Area companies in the past three months – a 100 percent increase from the first quarter.” More than $283 million went to companies located in San Francisco. (Read more)


Photos from ANZA TechNet’s Gateway to US Workshops in Australia

September 1, 2010

We’ve just completed our annual Gateway to the US workshops, with Guidewire Group’s CEO Chris Shipley. As a key component of the workshops we rated innovative Australian businesses with global potential on 7 critical dynamics using the Guidewire Group’s G/Score. The G/Score has been used exclusively in the US, Europe and Asia, but this was its first use Down Under. ANZA TechNet is hoping to see many of the companies we scored over the last two weeks in Silicon Valley at the Gateway to the US Summit in November.

Check out some photos from the workshops at this link. Portraits of the entrepreneurs and ANZA TechNet partners are courtesy of Chris Shipley. (Pictured: Greg Boundy, Innovate SA Chief Executive.)