Like Silicon Valley and Boston, Austin is already a technology hub for the computer industry, and is home to Dell and Freescale.
Over the past several days, Dennis has gone on a tour of Silicon Valley and Boston to meet some of these venture capitalists so eager to give him money.
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Still, no place can hold a candle to Silicon Valley and the Boston area in terms of startup activity, especially in the tech space.
Leading venture capitalists tell Forbes Global that Munich and a dozen or so other European cities and regions are rapidly emerging as clusters of entrepreneurial excellence places that are beginning to give Silicon Valley in California and Boston, Massachusetts, a run for their money.
But unlike angels in Silicon Valley, New York and Boston, those in Middle America tend to be skittish until someone jumps in alongside them.
They are college-educated--usually with multiple degrees--and live in blue-state enclaves like Boston, New York, Silicon Valley and Hollywood.
In the early 1980s, writer Tom Wolfe predicted that Silicon Valley would usually beat Boston's Route 128 in technology showdowns because Silicon Valley culture elevated the engineer and entrepreneur to higher social status.
In terms of innovation and creative impetus, Shanghai pales in comparison to New York, London, Paris and Milan, not to mention high-tech hubs like Silicon Valley, the Bay Area, Seattle, Boston, Austin and North Carolina's research triangle, all of which have much lower densities.
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The liberal dynamists in Silicon Valley, Hollywood, Seattle, Boston and Manhattan see Obama as one of their own intelligent and creative, a man who embraces the future.
Surprising as it may sound now, in the 1980s there was considerable debate over which of the two great tech enclaves, Boston's Rte. 128 and Silicon Valley, would triumph.
Importantly, this occurs not just in the usual suspects of geographic regions (Silicon Valley, Boston, New York) but across the United States and the world.
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As a top Silicon Valley tech banker, first at Deutsche Bank and later at Credit Suisse First Boston, he presided over 175 initial public offerings, including those for Cisco Systems , Intuit , Netscape and Amazon.com .
In Boston proximity to a subway stop is important, and in Silicon Valley more startups are beginning to locate closer to the Bay Area and San Jose.
Silicon Valley is near Stanford University, for example, and similar high-tech clusters are gathered around MIT near Boston in the United States and around Cambridge University in Britain.
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