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October 13, 2005

Place matters - Marc Andreessen

Ponder this quote from Marc Andreessen, the man who invented the Web browser that allows all of us to work wherever we want. (From Business Week interview - Andreessen: Innovation Is Humming) (Note: Zend is an Israeli company whose Board Andreessen just joined.)

Q: You mentioned Zend's decision to relocate its headquarters to Silicon Valley. What do you think of Silicon Valley's stature in the tech world? Why is it still important to be here?
A: Overall, it's the combination. There's a critical mass of investors -- way more than anywhere else, which does matter. [There are] sales people, executives, accountants, lawyers, bankers, and you're in the flow of what's actually going on. [Being in tech and not being in Silicon Valley] is like trying to be in the movie business not in LA or trying to be in national politics and not be in D.C. You just don't know what's going on half the time. You get outside the valley and you're not aware of next six startups that just got funded. That actually matters.

Even in the most connected areas, face-to-face and being there -- inside the critical mass -- still matters.

Posted by Ken Jarboe at October 13, 2005 12:36 PM

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