Move Over Silicon Valley, Here Come European Start-Ups - New York Times

Link: Move Over Silicon Valley, Here Come European Start-Ups - New York Times.

(((Well, I was at this very same "Digital Life Design" conference as John Markoff, but while John Markoff was in there manfully grilling Euro-digital entrepreneurs, I was strolling through the Marienplatz taking pictures of doorknobs.)))

"The invitation-only conference, which ended Tuesday, attracted 1,000 old- and new-media publishers this year, mixed in with Internet software and service start-ups and a smattering of American dot-com executives. It serves in part as an intelligence-gathering event for its sponsor, Hubert Burda, a German publisher trying to move his more than 250 magazines into the Internet era.

"Several organizers noted that Silicon Valley’s original success as an innovation center was largely because of business and social networks developed over several decades in a community of venture capitalists and technologists.

Now, they said, with the Internet supplementing and replacing traditional face-to-face social networks, Silicon Valley might be losing its competitive advantage."

(((Silicon Valley had a competitive advantage when the previous Administration loved it. The current Administration hates the Internet, because Al Gore invented it, and will do anything an oil company wants. Unfortunately oil companies impoverish the USA drastically while digital culture was one of Americas few successful exports... is it a WONDER that the euro is now trading at 1.30 to the dollar?)))