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Tech firms crowd into San Francisco, but it’s still no Silicon Valley

SAN FRANCISCO — Silicon Valley is having growing pains.

Stanford and Palo Alto, where Bill Hewlett and David Packard formed Hewlett Packard, were long considered the birthplace of Silicon Valley. But as chip and other hardware firms grew up further south, San Jose declared itself the “Capital of Silicon Valley.” The area is littered with tech giants, from Apple and HP to Intel, Cisco and eBay.

“In a 15-mile radius you have six of the top 10 technology companies in the world and the largest body of highly successful talent pools,” said Jed Yueh, chairman and founder of Delphix, a data virtualization company based in Redwood City — just south of Belmont, Calif.-based Oracle.

While other places aspire to be “the next Silicon Valley” — even Cuba hopes to get into the mix — Yueh said the original has a unique advantage. He calls it a self-sustaining “power cycle” where top universities like Stanford spawn startups that are funded by nearby venture capital firms, then grow to be giants (think Google) that spawn their own spinoffs.


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