RE: UKNM: Silicon Valley In Trouble?

[Leslie Bunder]

If there is doom and gloom in Silicon Alley which may offer opportunity

for the UK, don't forget good 'ol Silicon Alley in New York which has

been part of the growth and has contributed numerous exciting ventures.

SixDegrees and Bigfoot are just a couple of names that spring to mind.


Plus of course, there's always Israel which is booming with all sorts of

new media and Internet projects.


Leslie

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Leslie Bunder, technology writer

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> -----Original Message-----

>

From: Sajid Mohammed [SMTP:g23rocketmail [dot] com]

> Sent:	06 January 1999 13:10

>

To: uk-netmarketingchinwag [dot] com

> Subject:	UKNM: Silicon Valley In Trouble?

> 

> If you've had any exposure to the VC culture in the UK, chances are

> that you may have looked to Silicon Valley as a utopia where your idea

> is more likely to get funding. Indeed, Keith Teare went over there to

> set up Centraal who are behind RealNames.

> 

> However there is an article at News.com

> (http://www.news.com/SpecialFeatures/0,5,27295,00.html) which outlines

> a slowdown in the fortunes of the Valley, precipitated mainly (it

> seems) by the South-East Asia downturn as well as other prevailing

> economic factors such as the constant that computers and components

> get cheaper and better/faster/smaller as times goes on as well as the

> lack of skilled labour.

> 

> EETimes (http://www.eetimes.com/story/OEG19990105S0010) reported today

> that there are 180,000 programming jobs waiting to be filled, but it

> is proving to be problematic. This is no doubt due in part to the

> permeation of IT into every sphere of commerce as well as Y2K/Euro -

> Somerfield are having to go all the way to *Australia* to recruit Y2K

> programers.

> 

> Dark clouds ahead? I hope not as the Valley has been the engine room

> of the new Internet revolution. I suspect that the hardware

> manufacturers are going to come off worst initially, but I suspect

> that we all may feel the chill. But if companies in the area are

> losing their competitive edge, does this open up opportunities for us

> this side of the Atlantic? Just a thought...


> 

> 

> Sajid Mohammed

> _________________________________________________________

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