Posted Apr. 23, 2014 at 12:54 p.m.

Premium Lock Vivek Wadhwa: 'Location, location, location' is not mantra for tech success now

Published: 2014-04-23 12:54:10
Updated: 2014-04-23 12:54:10

Epic demos Unreal 4 with Oculus VR Epic demos Unreal 4 with Oculus VR. (Epic image) Image 1 of 2 · Next Image…

Opinion: Oculus, the latest technology startup to be acquired for billions of dollars, was based not in Silicon Valley but in Irvine, Calif. Snapchat, which is rumored to be worth billions, is based in Los Angeles. The Los Angeles area is a good place to live and has great weather, but it has no real advantage as a technology center. These companies could have been based anywhere with equal success. You can't predict which technology hub the next Oculus will come from--or whether it will be a hub at all. Anyone anywhere--whether in an incubator, garage or tent--can now build world-changing technology....

Read More
Read More

WRAL TechWire any time: Twitter, Facebook

Editor's Blog

Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read more articles…

Please Log In to add a comment.

Best of TechWire Insider

Techwire Inside Partners

OUR INSIDERS

Frank Vinluan
Life science
Dr. Mike Walden
Tech economy
Vivek Wadhwa
Commentary
Scroll