Recent estimates are that 25 million people are being infected with Covid per day in China. This is predicted to last for a few months. Although the connection to real estate in Silicon Valley is not direct and immediate, there is an impact. Interest rates have been driven higher by the Federal Reserve Bank to […]
25 Million Covid Infections Per Day Read More »
Predicting what the economy or even our federal government will do is very difficult. An article in the WSJ by Nick Timiraos has several points to think about. “The lesson of the 1970s is that the Fed is in charge of inflation, and the Fed can’t flinch”. “But the landing could be harder if the
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Although the news media has reported both tech companies and venture capital firms leaving Silicon Valley, venture capital activity was actually fairly steady in 2020. The percentage of total US venture capital activity in the Bay Area has declined over the last decade but end of year 2020 venture capital data (from PitchBook) shows over
Venture Capital Growing In Silicon Valley Read More »
Perhaps marking a change in Silicon Valley that many residents don’t think about, Fry’s Electronics, after 36 years in business, is shutting down the 31 stores it has remaining. Fry’s Electronics was welcomed by many techies when it opened advertising: IC’s, soldering irons, Jolt Cola, and pantyhose(?). Its closing emphasizes the change in Silicon Valley
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The pandemic has hit Silicon Valley as if there were two separate worlds here. Troy Wolverton, of the Silicon Valley Business Journal, summarized it nicely: “The tech industry and those involved largely thrived – thanks in large part to a resurgent stock market and the industry’s ability to shift to a remote work model –
Silicon Valley – Two Economies Read More »
