It's time to put the silicon back in Silicon Valley | VentureBeat | Gadgets | by Angel Orrantia, SK Telecom: "While the phrase “Silicon Valley” was coined in 1971, it took almost 10 years for it to stick.
The heyday of semiconductor innovation gave rise to the PC era in the 80s, and hardware companies began sprouting up across the Valley.
When the Internet emerged in the late 90s, the population of newly sprouted millionaire Internet and software entrepreneurs soared amidst the semiconductor and hardware stalwarts. Investors came flocking, as they were able to put up less money and get a bigger payoff in a shorter amount of time than previously possible in the hardware tech sector. Then, of course, the bubble burst and the dust settled."
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