Silicon Valley added 33,000 jobs from the second quarter of 2005 to the second quarter of 2006 - the first increase since 2001.
Unemployment, which flirted with 8 percent in 2002 and 2003 as the region dealt with fallout from the dot.com bust, has fallen to around 4 percent. Average pay per employee, while on the rise, continues to lag levels seen during the tech boom.
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In brand-new offices with a still-empty game room and enough space to triple their staff of nearly 30, a trio of entrepreneurs is leading an Internet start-up with an improbable mission: to out- Google Google.
The three started Powerset, a company whose aim is to deliver better answers than any other search engine — including Google — by letting users type questions in plain English. And they have made believers of Silicon Valley investors whose fortunes turn on identifying the next big thing.
“There’s definitely a segment of the...
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Since 2002, when dozens of employees left PayPal after it was bought by eBay for $1.5 billion, those workers have gone on to start or join a new generation of Internet companies and other ventures. They have remained a tight-knit group, attending each other’s parties, helping to shape each other’s business plans, backing each other’s companies and recruiting each other for new projects.
Silicon Valley was largely built by networks of people and companies whose interlocking relationships help to spawn new start-ups. But the PayPal...
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The Churchill Club's annual look at what it takes to build a successful startup. This panel of five Silicon Valley entrepreneurs discussed the challenges and critical success factors necessary to reach the promised land.
Moderator: Guy Kawasaki, Managing Director, Garage Technology Ventures. Speakers: Lauren Elliott, Founder, Third Rock Mining; Reid...
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