Silicon Valley still the best for innovations!

From NYTimes: "Just ask Sim Wong Hoo. About seven years ago, I met Mr. Sim in Singapore, where he was born and was then living. He talked about the rising creativity of Singaporeans and with a flourish, as if to dramatically make his point, he pulled out a prototype of a hand-held music player that he insisted would replace Sony’s famous Walkman.

Mr. Sim’s device was breathtaking, possessing all the elements of what we now know as the MP3 player. Yet today, a Silicon Valley icon, Apple, dominates the market for MP3 players with the iPod. In recognition of its emergence as a music powerhouse, last month Apple dropped the word “computer” from its name."

Also G. Pascal Zachary from NYT says: "When It Comes to Innovation, Geography Is Destiny"

We pretty much agree with these conclusions/opinions and we also had a previous post on the matter called "Silicon Valley is Non Replicable".

Another post at Read/Write Web contains lost of comments on the subject.

More on the topic:

Paul Graham

Read/Write Web

New York Times

More web 2.0 innovations

Magnify.net Got Funded

Magnify.net, one of the video sharing startups that launched at demo, has raised $1.2 million in a first round of funding led by NextStage Capital and New York Angel investors. Other investors included Chris Anderson of the TED Conference, Active Angel Investors of Washington DC, and Stage 1 Ventures.

Magnify.net lets you find, filter, and share video from the web and gather it your way.

» Put video on your web site
» Program your own video channel

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