Why doesn't someone raise a VC fund to build another Silicon Valley somewhere else? I personally don't think it involves that much magic. Just build a brand new giant university in a relatively cheap place where you've bought up a ridiculous amount of land. Hire a bunch of Ivy League professors to teach there and establish departments. Market heavily. Around the university, build tons of housing for students. Further out, mixed office parks and all the goodies that people like about SF... lots of selection of food, drink, culture, etc. and pay up front so that a reasonable percentage of this is there before anybody shows up. Throw in some partnerships with big name companies and some VC firms to locate some startups there.
Expensive, yes. Profitable, I would think so. Sign me up to live there when it's built. I'd love to work for a similar salary and save a good 30% of it per year (while still leaving healthy profit margins for the investors).
Note to downvoters: You do realize that the US government essentially provided this sort of start to Silicon Valley right, and that after that there were a couple now-billionaire real estate investors who provided a lot of the office space?
Expensive, yes. Profitable, I would think so. Sign me up to live there when it's built. I'd love to work for a similar salary and save a good 30% of it per year (while still leaving healthy profit margins for the investors).
Note to downvoters: You do realize that the US government essentially provided this sort of start to Silicon Valley right, and that after that there were a couple now-billionaire real estate investors who provided a lot of the office space?