From a tiny shop to a global company…Magic of ‘Freak, Stanford, VC’
Lee Gyung-tak | kt87 | 2018-05-25 11:27:41

`Although the beginning is weak, the result will be great.`

This commonly quoted phrase is a perfect match for Silicon Valley in the United States. The success of Silicon Valley was made possible by the triple beat. It is the magic of Stanford University, which emits extraordinary `geeks`, and venture capital (VC), which transforms the tiny shop into a global company.

Silicon Valley, located in San Jose, Calif, is a cutting-edge industrial base that leads the US economy. Many IT and venture companies gather to create a sophisticated yet liberal culture. Samsung Electronics, SK Hynix, LG Display and other major domestic signboards came out of the windows that moved Silicon Valley streets on May 23 (local time).

The offices of the companies located here are all called campuses. It is the explanation of the local workers that the individual buildings are scattered not in a single building but in a large garden site. Skyscrapers cannot be found, and every company has the same atmosphere as a university campus.

Meanwhile, the most sacred sites of Silicon Valley are the HP garage. HP is a global IT company that sells hardware (HW) products such as printers, PCs, laptops, and servers, but it was a shabby garage. William Hewlett and David Packard from Stanford University began the company in 1939 with USD 538 fund in a garage located at 367 Palo Alto Edison, California, USA. It was the birth of a global corporation in the quaint garage of a small house built of red bricks. This place was the birthplace of the Silicon Valley success myth and was designated by the federal government and the State of California as a historic site.

Not only HP, but also companies like Apple, Google, Microsoft, and Amazon, all of which dominate the global IT ecosystem, have a common business in garage. Though not a garage Mark Zuckerberg of Facebook, in a college dorm and Tesla`s Elon Musk, have invented a business item in the tiny place.

The founders of these companies are all known as geniuses. It was thanks to the vigorous venture capital (VC) ecosystem that those with geeky temperament could not end up as dreamers. Located near Silicon Valley and Stanford University, Sand Hill Road is home to more than 20 US VCs, including Kosla Ventures, Sequoia Capital and August Capital.

"It`s no exaggeration to say that most of the companies that succeeded in Silicon Valley were funded by VCs in Sand Hill," said David Cherton, a professor of computer science at Stanford University, who is famous for the gifts of Google founders Larry Page and Sergey Brin. He said. VC Kleiner Perkins (KPCB), first established on Sand Hill Road in 1972, is the world`s largest IT Company such as Sun Microsystems, Twitter, Facebook and SnapChat, which helped Google grow and was acquired by Amazon and it raised a dog.

In the case of Silicon Valley, thousands of start-ups are born every year, so it is important to get developers, engineers, etc., smoothly, not just a few geniuses. This role is played by Stanford University, called Harvard of the West. Stanford University traditionally encourages technology industry start-ups and employment. Google, Cisco, Yahoo, Instagram, and LinkedIn were founded by Stanford University, and many graduates are active under them.

On the other hand, the Stanford-to-Campus campus is 11 times the size of Yoido, so the buses must be inside. Only 20% of the total area is covered with buildings, and the rest is made up of lawns and forests. The majority of the students walked in bicycles wearing hoodies without a gender. I`m sure some of those overly obviously will be big players in the IT industry someday.

San Jose (US)=By Lee Gyung-tak kt87@

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