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

Silicon Valley has some of the smartest engineers and technology business people in the world.

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

If the whole U.S. was like Silicon Valley, we'd be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.

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.

'Silicon Valley' has come to mean the Bay Area, not just down the Peninsula.

Silicon Valley isn't the only game in town. Tech is increasingly decentralized. Around the world, new tech centers with younger companies are able to embrace a different approach to talent: recruit locally, identify homegrown prospects and, in a phrase, bring them along for the ride.

The amounts of money in Silicon Valley are staggering.

One of the great things about Silicon Valley is, irrespective of how competitive you might be with another company or how closely you might be working with that company, there's a great sort of give and take, and camaraderie from - between - some of the executives in the valley and some of the other investors in the valley.