NoVA as Silicon Valley East

[Anonymous]

Anonymous wrote:
But NoVa tech can't seem to harness that technology and translate it into something like what SV has created.

Sure they can and they do. Just most of the software innovation in this area is not sexy. It's enterprise software and back-office stuff, not Google and Facebook.

https://www.washingtonpost.com/news/business/wp/2018/06/22/feature/forget-silicon-valley-the-dulles-tech-corridor-is-cultivating-companies-that-break-the-mold/?utm_term=.2155bcf31a62

[Anonymous]

DC-based software company Interfolio just announced they would be acquired for $100mln+

https://www.bizjournals.com/washington/news/2018/11/26/d-c-softwarefirm-to-sell-in-nine-figure-deal.html

Again, not stuff consumers use, so it's not sexy.. but it's making money.

[Anonymous]

Do people really think Amazon is a "tech" company?......

[Anonymous]

Anonymous wrote:

Anonymous wrote:
But NoVa tech can't seem to harness that technology and translate it into something like what SV has created.

Sure they can and they do. Just most of the software innovation in this area is not sexy. It's enterprise software and back-office stuff, not Google and Facebook.

https://www.washingtonpost.com/news/business/wp/2018/06/22/feature/forget-silicon-valley-the-dulles-tech-corridor-is-cultivating-companies-that-break-the-mold/?utm_term=.2155bcf31a62

I have worked in IT with backend office software for 20 years. Most of the B2B software is not from NoVa area. Again, most of the tech here is geared towards government. Even that article states that.

[Anonymous]

LOL! Its great for NoVA that they won Amazon and basically just drove the nail into the coffin on MoCo. NoVA will be the economic center in the DMV area but that doesn't make it the next SV. As others have posted, the tech companies around the DMV are and have always been down stream or niche based applications, lots of integrators/consultants/implementors and operations. Zero innovation, paradigm shifting or industry changing leaders.

Amazon will yield an increase in property values for NoVA and parts of DC but it will reduce them in MoCO. The geography and housing inventory is no like anywhere in SV. CA also a strange property tax rule that freezes your property tax assessment until you sell your house. This lets senior citizens afford to stay in the homes but it also substantially reduces inventory. If CA repealed that law, the housing market would be flooded. It would be a huge financial disaster because anyone who had bought a few years before that event would be underwater on their mortgages. Unlike the DMV, CA are not conservative with their housing budgets s- lots of foreclosures further pushing down prices. There are surprisingly few high rises in SV making housing inventory even more tight. You also have the bay and the mountains creating barriers for roads and more transit.

[Anonymous]

My in-laws live in the heart of Silicon Valley. It's nice, but always strikes me as rather sterile and soulless when I visit. Strip mall, strip mall, strip mall, office park, office park, office park, wash, rinse, repeat.

Silicon Valley is not just a place, it's a mindset. It's hard to explain. People there are the most competitive of anywhere I've ever lived, and they're competitive about everything. I'm only visiting, and I soak in their stress. You have to spend time there to really understand the pressures. Don't be fooled by the corporate volleyball courts and palm trees.

[Anonymous]

^^ People there are the most competitive of anywhere I've ever *been*

[Anonymous]

Anonymous wrote:My in-laws live in the heart of Silicon Valley. It's nice, but always strikes me as rather sterile and soulless when I visit. Strip mall, strip mall, strip mall, office park, office park, office park, wash, rinse, repeat.

Silicon Valley is not just a place, it's a mindset. It's hard to explain. People there are the most competitive of anywhere I've ever lived, and they're competitive about everything. I'm only visiting, and I soak in their stress. You have to spend time there to really understand the pressures. Don't be fooled by the corporate volleyball courts and palm trees.

I tought Norcal was a chill place?

[Anonymous]

Anonymous wrote:My in-laws live in the heart of Silicon Valley. It's nice, but always strikes me as rather sterile and soulless when I visit. Strip mall, strip mall, strip mall, office park, office park, office park, wash, rinse, repeat.

Silicon Valley is not just a place, it's a mindset. It's hard to explain. People there are the most competitive of anywhere I've ever lived, and they're competitive about everything. I'm only visiting, and I soak in their stress. You have to spend time there to really understand the pressures. Don't be fooled by the corporate volleyball courts and palm trees.

Yes and I think it seeps down to as young as middle school. It is frenetic.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
But NoVa tech can't seem to harness that technology and translate it into something like what SV has created.

Sure they can and they do. Just most of the software innovation in this area is not sexy. It's enterprise software and back-office stuff, not Google and Facebook.

https://www.washingtonpost.com/news/business/wp/2018/06/22/feature/forget-silicon-valley-the-dulles-tech-corridor-is-cultivating-companies-that-break-the-mold/?utm_term=.2155bcf31a62

I have worked in IT with backend office software for 20 years. Most of the B2B software is not from NoVa area. Again, most of the tech here is geared towards government. Even that article states that.

This. There aren't many enterprise software and back-office stuff in this area. I wish there was since it's my background. Lots of boring government shit.