Co-founder of LinkedIn and venture capitalist Reed Hoffman believes that the main advantage of the Silicon Valley is often forgotten. In an interview with Kara Swisher on the podcast of Recode Decode, he announced what, in his opinion, the main advantage of the Valley and for what reason no one else could create its analog.

"Often, talking about the secret of the Silicon Valley, everyone mentions startups," said Hoffman. - Technologies, investors, technology companies, technological universities ... all this is in many corners of the globe ". The real secret, in the opinion of the entrepreneur, is not a large number of start-ups, but "scaling". Any project based in the Silicon Valley can be quickly developed and brought to new markets, increasing geography to a global scale. Hoffman compared the start-up in the Californian valley with "Blitzcook".

Too many parallels with blitzkrieg: innovations are developing super-fast to occupy a decisive position in the war. But, in this case, this is a decisive position in the market - Reed Hoffman, co-founder of LinkedIn Hoffman noted that in Silicon Valley there are many resources for development.

This includes the presence of investors, talents and a large amount of information. After all, developers have the opportunity to constantly exchange knowledge with their colleagues and give each other advice. That's why most of the largest corporations were created in this part of California, the expert believes..

Reed Hoffman: "This is part of the reason for the fact that there are only 4-4.5 million people in the Silicon Valley, but most of the companies of the English-speaking world worth more than $ 100 billion were founded here".