Philicon Valley is a neologism for Philadelphia's version of Silicon Valley. [1] Forbes Magazine coined the term on November 17, 1999 to refer specifically to the suburbs of Valley Forge and Wayne, Pennsylvania, which was also referred to as "Silicon Valley Forge" and "E-Valley Forge." [2] In the Delaware Valley, many "... new-economy companies have located themselves in the suburbs along Route 202..." due to the high tax base in the city of Philadelphia. [3] From a marketing perspective, the term has been used by Internet companies to lure potential employees in the tech sector, that markets the firm as part of a large community of like companies in a suburb of Philadelphia. [4] "Pennsylvania Dutch Country is only about a 90 minute drive away..." noting that the area is home to "... large high-tech companies..." [5] The lure in the region has many Penn graduates, as well as other graduates do not consider Philadelphia to be the "hot spot" and some have chosen this region as an alternative. [6] A briefing on the region, says the area contributes to Pennsylvania being ranked eighth in hi tech employing more than 170,000 according to the Ben Franklin Technology Partners of Southeastern Pennsylvania, WHYY-TV, and the Council for Urban Economic Development. [7]
According to the same Forbes article, the firms that had a presence in this region specialized in business-to-business partnerships.
Other notable companies that "put the region on the map" specialized in "entrepreneurialism" included:
Philicon Valley Today
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical Santa Clara Valley. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world, according to the Brookings Institution. and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States.
Vinod Khosla is an Indian-American billionaire businessman and venture capitalist. He is a co-founder of Sun Microsystems and the founder of Khosla Ventures. Khosla made his wealth from early venture capital investments in areas such as networking, software, and alternative energy technologies. He is considered one of the most successful and influential venture capitalists.
Marc Lowell Andreessen is an American entrepreneur, investor, and software engineer. He is the co-author of Mosaic, the first widely used web browser; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He co-founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites. He sits on the board of directors of Meta Platforms. Andreessen was one of six inductees in the World Wide Web Hall of Fame announced at the First International Conference on the World-Wide Web in 1994.
Silicon Forest is a nickname for the cluster of high-tech companies located in the Portland metropolitan area in the U.S. state of Oregon, and most frequently refers to the industrial corridor between Beaverton and Hillsboro in northwest Oregon.
Silicon Alley is an area of high tech companies centered around southern Manhattan's Flatiron district in New York City. The term was coined in the 1990s during the dot-com boom, alluding to California's Silicon Valley tech center. The term has grown somewhat obsolete since 2003 as New York tech companies spread outside of Manhattan.
Geoffrey Moore is an American organizational theorist, management consultant and author, known for his work Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers.
Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California and mainly focuses on the technology industry. It was the Top VC fund company in 2019.
Stephen T. Jurvetson is an American businessman and venture capitalist. Formerly a partner of the firm Draper Fisher Jurvetson (DFJ), he was an early investor in Hotmail, Memphis Meats, Mythic and Nervana Systems. He is currently a board member of SpaceX and served on Tesla's board from 2006–2020. among others. He later co-founded the firm Future Ventures with Maryanna Saenko, who worked with him at DFJ.
Warren Van Dyke "Pete" Musser was the chairman of the Musser Group. He was the founder of Safeguard Scientifics, a venture capital firm that invested in technology companies. At the peak of the dot-com bubble, Musser was a billionaire on paper; however, when the bubble burst, he lost almost his entire fortune.
Regis McKenna is a marketer who introduced many of the ideas that are now part of the mainstream in technology marketing. He and his firm were instrumental in the launch of some of the most innovative products of the computer age, including the first microprocessor, Apple's first personal computer, the first recombinant DNA genetically engineered product, and the first retail computer store.
Silicon Wadi is an area with a high concentration of high-technology companies on the coastal plain of Israel, similar to Silicon Valley in the U.S. state of California, and is the reason Israel is nicknamed the Start-Up Nation. The area covers much of the country, although especially high concentrations of high-tech industry can be found in the area around Tel Aviv, including small clusters around the cities of Ra'anana, Petah Tikva, Herzliya, Netanya, the academic city of Rehovot and its neighbour Ness Ziona. In addition, high-tech clusters can be found in Haifa and Caesarea. More recent high-tech establishments have been raised in Jerusalem, Beersheba, and in towns such as Yokneam Illit and Israel's first "private city," Airport City, near Tel Aviv.
Lightspeed Venture Partners is a global venture capital firm focusing on multi-stage investments in the enterprise technology, consumer, and health sectors. Over the past two decades, the firm has backed companies such as Snapchat, Affirm, MuleSoft, and AppDynamics.
Dice.com is a career website based in New York City with primary sales and development operations in Urbandale, Iowa and Denver. It serves information technology and engineering professionals, as well as contract and permanent engineering staffing firms. Dice.com is owned by DHI Group, Inc. . Dice.com typically has approximately 80,000 tech job listings. The website claims to have 3 million registered technology professionals and approximately 2.4 million unique visitors each month. Of those registered users, 75% have a bachelor's degree or higher and 65% have 10 or more years of experience in their field.
East London Tech City is the term for a technology cluster of high-tech companies located in East London, England. Its main area lies broadly between St Luke's and Hackney Road, with an accelerator space for spinout companies at the Queen Elizabeth Olympic Park.
Howard Lee Morgan is an American venture capitalist, philanthropist, socialite, angel investor, author and contributing writer for Business Insider. He also serves as the chairman, CEO, director, board member or advisor for an assortment of companies including B Cap Group, Arca Group, Idealab, and Math for America.
Satjiv Singh Chahil is an India-born American global inter-cultural and inter-disciplinary innovator and business executive.
David Sze is an entrepreneur, investor, and managing partner at the venture capital firm Greylock Partners. His areas of focus include consumer Internet and services, media convergence, wireless data, and technology-assisted marketing services.
Silicon Slopes refers to the area surrounding Lehi, Utah where dozens of tech start-ups are centralized. Served by the Salt Lake City International Airport and less than a two-hour flight from Silicon Valley, CA, Silicon Slopes has been recognized in news media as an emerging force in the technology sector, including NPR coverage about the NSA Utah Data Center in the region.
Sukhinder Singh Cassidy is a technology executive and entrepreneur. Currently the president of StubHub, she has worked at various tech and media companies including Google, Amazon and News Corp, Yodlee (YODL), and Polyvore. In 2011, she founded JOYUS, the video shopping platform for women, and served as CEO then Chairman until 2017. Singh Cassidy is also Founder of theBoardlist.
