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Silicon Valley has evolved a critical mass of engineers and venture capitalists and all the support structure - the law firms, the real estate, all that - that are all actually geared toward being accepting of startups.

There was a point in the late '90s where all the graduating M.B.A.'s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it.

Something new will always be the source of growth in Silicon Valley.

The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.

You have to live in Silicon Valley and hear the horror stories. You go and hang out at the cafes, and you meet entrepreneur after entrepreneur who's struggling, basically - who's had a visa problem who wants to start a company, but they can't start companies.

For a first-time entrepreneur, there's nothing better than being in Silicon Valley because there is so much going on, and there's such a large number of inventors, that even a B level idea or a C level idea could be nurtured and be given venture capital there.

In Silicon Valley, when you're a private company, the entrepreneur can do no wrong.

In 2014, Utah cities Salt Lake City and Provo both surpassed Silicon Valley in per-deal venture capital averages. From large, multi-campus companies to promising start-ups, Silicon Slopes offers a promising climate for businesses. The entire tech industry has its eyes on Utah.

In most parts of the world, starting a company that goes bust is dubbed a 'failure.' In Silicon Valley, we call this 'gaining experience.' We are willing to take the risks that are inherent for innovation.

There is a huge amount of wealth that's generated here in Silicon Valley.