~State of Airport Wireless

asymptotically to … zero:

and Google isn’t alone. Almost all Big donors of the Democratic party follow the same rules and this is a reason why they constantly support the party of large taxes.

Every next time when Democratic party again rises taxes, the small businesses will lose, but for big corporations it does not matter. Their accounting & lowers departments will find / create the tax loopholes in any cases.

See also:

• General Electric Avoids Taxes … By Bonnie Kavoussi. The Huffington Post
• Many big U.S. corporations pay very little in taxes: study … By Kevin Drawbaugh and Patrick Temple-West. Reuters
  

Sales via smartphones and tablets through the U.S. and U.K. affiliate networks of Affiliate Window accounted for 19.0% of total web sales in May 2013 and 30.6% in May 2014… Affiliate Window study of May 2014 commerce activity on its networks also finds that:

• 25% of total revenue came from mobile shoppers.
• Apple iPhones accounted for 75.0% of smartphone traffic and 75.1% of smartphone sales while Android smartphones accounted for 25.0% of traffic and 24.9% of sales
• Apple iPads accounted for 72.6% of tablet traffic and 84.1% of tablet sales while Android tablets accounted for 27.4% of tablet traffic but only 15.9% of tablet sales.
• Tablet shoppers converted at a rate of 6.0% while smartphone shoppers converted at a rate of 2.9%. The average mobile conversion rate was 4.1%.
• 23,000 sales each day originated from a mobile device: 14,750 on tablets and 8,250 on smartphones.

~Mobile commerce sales via affiliate networks soar By Bill Siwicki. Internet Retailer Magazine.

by market capitalization:

ranked by worth:

Larry Ellison $45.2B
Mark Zuckerberg $33.3B
Larry Page $33.1B
Sergey Brin 32.6B

Silicon Valley is no longer the best place to start a company … It’s a wonderful place, but it’s a very challenging one also. So if you’re starting something today, DO NOT come to Silicon Valley right away. It’s less expensive, less risky, and probably easier to start somewhere else, due to less competition. Get some level of product-market fit first, get some early traction; then — if you need it — raise some money where your network is stronger (again, guess where that is) and *only then* think about getting to the next level and moving to Silicon Valley.
~ Silicon Valley has evolved — it’s not about startups anymore

See also:

… the new generation oligarchs are very different from the traditional “propeller heads” who once populated the Valley. More media savvy and less dependent on manufacturing, the new leaders have less interest in the kind of infrastructure and business policies generally favored by more traditional businesses. They also tend to have progressive views … that align with the gospel of the Obama Democratic Party… the Silicon Valley– San Francisco corridor, has become one of the most solidly liberal regions in the country. The leading tech companies, mostly based in the area, send over four-fifths of their contributions to Democratic candidates…
… despite its counter-cultural trappings and fashionably progressive leanings, Silicon Valley has turned out to be … greedy … wages for the region’s African-Americans and Latinos, roughly a third of the local population, have dropped, down 18% for blacks and 5% for Latinos …
…. The poverty rate in Santa Clara County has climbed from 8% in 2001 to 14%, despite the current tech boom; today one out of four people in the San Jose area is underemployed, up from 5% a decade ago. The food stamp population in Santa Clara County has mushroomed from 25,000 a decade ago to almost 125,000. San Jose is also home to the largest homeless camp in the continental U.S., known as the Jungle…
… Google maintains a fleet of private jets at San Jose airport… Google executives touts its green agenda but have burned the equivalent upwards of tens of millions of gallons of crude oil, …
… individuals like Bill Gates have voiced public support for higher taxes on the rich, yet Microsoft, Facebook and Apple have all saved billions by exploiting the tax code to shelter profits offshore. Twitter’s founders creatively exploited various arcane loopholes to avoid paying taxes on some of the proceeds of their IPO that they set aside for heirs…

~How Silicon Valley Could Destabilize The Democratic Party Bu Joel Kotkin. Forbes.

See also:

By Elaine Wherry

1. Technology Makes It Possible to Start a Company Overnight… launching a product is just the beginning… finding a problem worth solving, educating users, building traction, developing a viable business strategy, training a sales team, and securing long-term funding takes time…
2. You Only Pivot When Your Idea is Bad… The Internet reinvents itself every two years. Even if you are successful today, technology changes so quickly that you can lose success just as quickly as you gained it …
3. Being a Founder is Glamorous… most founders spend 40% of their time hiring… founders can’t loosen the reigns until they’ve hired and trained the first 50 team members…
4. Founders Don’t Have Bosses… Sadly, it’s just not true… entrepreneurs are also accountable to the Board of Directors who determine whether the founders are fulfilling their roles… accountable to the market and the market is the craziest, most irrational, and unfair boss of them all.
5. The Best Product Wins. Product design can be a formidable advantage… Most companies excel at experimentation rather than product execution…
6. VCs Throw Money at you… average American startup team reaches out to approximately 60-120 VCs and angels to raise the first $1M …
7. An Acquisition Means You’re a Multi-Millionaire… It’s possible for an acquisition in the hundreds of millions to leave nothing for the founders depending upon how much has been raised, how much was allotted to employees, the number of founders, whether the exit included stock or cash, and the liquidation preferences…
8. Raise as Much Money as You Can… only take the money you need (with some cushion) to prove the next stage of your business…
9. If You Do Everything Right, You Will Be Successful. There is no magic formula. Many smart startups will fail and many foolish ones will somehow succeed. Luck plays a huge hand in a startup’s ultimate outcome… a 93% failure rate…
10. We’ll Always Have These Opportunities… Read more: http://www.ewherry.com/2014/08/10-silicon-valley-myths/?utm_content=bufferbc1a7&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

In a forceful slap at both the industry’s casual attitude toward employment laws and risk-averse lawyers who decline to push strong cases to trial, a Silicon Valley judge on Friday took the highly unusual move of rejecting the settlement in a class action accusing tech companies of agreeing not to solicit one another’s employees… [Lucy H. Koh of United States District Court in San Jose] also said … that Steve Jobs, Apple’s late chief executive, was “a, if not the, central figure in the alleged conspiracy.”
~ Judge Rejects Settlement in Hiring Suit Against Google, Apple and Intel, by David Streitfeld. NY Times.

See also: Silicon Valley hiring practices gets class action status

Start-up euphoria is the first Gold Rush of 21st century. As any Gold Rush in past, it creates the infrastructure, where service market is booming first:

Tren Griffin “Start-up building is hard. There is no manual for it. You’re always going to be short of people, you’re always going to be short of money.”

Gregory Gromov “There is no manual for it.” Are you sure? http://www.ctinnovations.com/images/resources/Startup%20Owners%20Manual%20-%20BlankDorf.pdf … and tons more. Start-up experts & services market is booming!

Elaine Pofeldt How To Create A Startup Hub. It’s fun to launch a startup … But if you’re starting a business in a town or city that isn’t known for creating the next Snapchat or Oculus VR, it can get a little lonely. So how do you actually pull off the advice in Brad Feld’s popular book on the subject, Startup Communities? Read more: http://www.forbes.com/sites/elainepofeldt/2014/07/31/how-to-create-a-startup-hub/

Tren Griffin The idea that a nest of complex adaptive systems can be managed by a paint by numbers manual is triumph of hope over experience.

Any kind of the gold rushes were always based on the “triumph of hope over experience“:

Gregory Gromov People eager to take part in 2nd “Gold Rush”. So,market responds. Who profit the most from Gold Rush of 19th century? Not miners

See also: From the Gold Mines of El Dorado to the “Golden” Startups of Silicon Valley

Your idea is guilty until proven innocent. ~ Trevor Owens