Stanford History

In the 1950s, Silicon Valley was not the place more sensible of US to create a company. In the 50s, China did not exist, Russia was a closed market and San Francisco was a bit in the middle of nowhere, far from New York as a financial center, on the East coast of the United States as industrial center and away from the center of political power that is Washington D. C. And however, that tiny and remote area, which only had a good climate and a great university like Stanford, began to host many corporations bigger, more innovative and more cutting-edge in the field of technology around the world and thousands of small businesses in formation called start-ups.

The University of Stanford, its subsidiaries and its graduates have played a role very

In the middle of the 1960s, they invented a new product, the integrated circuit, and the company took a leap and began to generate $90 million dollars in revenue at year, but that was only the beginning.

The company began to grow and some of their employees began to leave the company to create spin-off favored by the culture entrepreneurial that reigned in Fairchild, the spin-off began to have success and encouraged e inspired to others employees to create their companies. The 8 founders of Fairchild contributed to finance many of these spin-offs of their own employees. For example, one of the founders financed one of their employees for create another company that is would call AMD; the first investor in Apple was a former employee of Fairchild, etc.

In only 12 years, the employees and founders of Fairchild had generated more than 30 spin-offs from the original business and created of zero many others companies. That is the great dynamics of the Valley, one works in a company and just leaving it to work or found another. In this way, companies were appearing as Xerox PARC in 1970, Intel in 1971, this being a spin-off of Fairchild; in 1972 Atari was created, Apple was founded in 1976,

In 1995, Internet was opened for commercial use; this multiplied by one hundred the creation of companies, and provoked a big wave of start-ups related to Internet, such as Amazon.com, eBay, etc.

Of 130 companies listed on the NASDAQ or the NYSE based in Silicon Valley, about 70% have some kind of connection with Fairchild. Here is a chart where you can see how the entrepreneurial spirit of Fairchild was extending: Thousands of companies have established or established their headquarters in Silicon Valley as for example, Adobe Systems, Advanced Micro Devices (AMD), Amazon.com, Apple Inc., Asus, Atari, Broadcom, Cisco Systems, eBay, Electronic Arts, Facebook, Fairchild Semiconductor, Fujitsu, Google, Hewlett Packard Enterprise, HP, Inc., Intel, Logitech, McAfee, Microsoft, Mozilla Foundation, Netflix, Nokia, NVIDIA, Oracle Corporation, Panasonic, PayPal, Pixar, Qualcomm Inc., Samsung Electronics, SanDisk, Siemens , Sony, Sony Ericsson, SRI International, Sun Microsystems, Symantec, Synopsys Inc., Twitter, Visa Inc., Yahoo!, YouTube, Zynga, among many