What is Silicon Alley?

Before Silicon Valley, the American innovation hub was New Jersey

Today, Silicon Valley is known for its dominance in the tech world. But before it rose to prominence, New Jersey was the country's innovation hub. From Thomas Edison's light bulb to the transistor, New Jersey was considered the nation's leader in technology.

Coined in 1971, the man credited with naming Silicon Valley was originally writing about semiconductors

Silicon Valley gained its name from an article published in January 1971, in Electronic News. Author Don Hoefler used the term in his headline for an article he was writing about the semiconductor industry. Hoefler is credited with naming the multi-trillion dollar area that is still called Silicon Valley today.

Silicon Valley’s history in technology can be traced back to the late 1800s

From its developments in radio, defense technology, and personal computing, Silicon Valley has been associated with innovating tech for more than a century. This animated timeline of Silicon Valley’s history helps visualize its evolution.

Before Silicon Valley became the largest tech hub in the world, it was an agricultural area known for its flowers and fruit

It was called the “Valley of Heart’s Delight.” This video by Vox explains how the area went from growing prunes to producing computer chips. It also explains how Stanford University had a big impact on the area’s development.

The infrastructure, talent, and markets of Silicon Valley make the high-tech region ideal for startups

The number of startup employees, founders, and investors who have flocked to Silicon Valley over the years makes the California region ideal for networking in the tech space. Plus, California’s laws and specific rules around trade secrets help founders of fledgling businesses in Silicon Valley feel protected.

See how New York City has grown since 1609

Wall Street and the southern tip of Manhattan were the first parts of the island to be developed beyond farmland by Dutch and English settlers. It wasn’t long until New York City resembled the city we know today.

The evolution of New York City

Originally founded as New Amsterdam, this interactive timeline lists out and provides deep dives on the major events that shaped New York City as it became America's foremost cultural and economic hub.

Your iPhone started with a Cold War secret

Silicon Valley wasn't supposed to happen. A stretch of California orchard land somehow became the place that built the modern world: chips, PCs, the internet, the smartphone, and now AI. But the real story isn't the garage myth. It's a series of contradictions hiding in plain sight.

Wall Street has come a long way since the 1600s

Wall Street originated as part of a Dutch settlement and soon became the nation's financial hub. But Wall Street has since morphed into eight blocks of luxury gyms and apartments.

See an analysis of the similarities between the characters in 'Silicon Valley' and the real people who inspired them

The HBO show "Silicon Valley" follows the story of an engineer who is trying to get his startup to take off in Silicon Valley. While one tech CEO said the show is like a documentary, many speculate the show is based on real life tech figures like Mark Zuckerberg and Peter Thiel.

New York was once called New Amsterdam

Although New York has a long history, it wasn’t actually called “New York” until the late 1600s, when the English beat out the Dutch for control of the area. In 1664, Dutch Governor Peter Stuyvesant surrendered what used to be known as “New Amsterdam” to the English, who renamed it New York after the Duke of York.

Shenzhen, China is known as the 'Silicon Valley of Hardware'

The "Silicon Valley of Hardware" is a major manufacturing hub. This WIRED documentary from 2016 does a deep dive into how this Chinese city's practice of copycat manufacturing alongside its innovative culture has made it China's own Silicon Valley.

After the 9/11 terrorist attacks in New York City’s Financial District in 2001, many banks decided to relocate

Much has been said about why today’s top banks are typically no longer headquartered on Wall Street itself. The terrorist attacks in New York City’s Financial District on Sept. 11, 2001, are one reason many banks decided to relocate.

Mapping early New York

Want to see how Wall Street (and New York City as a whole) has changed over time? Use this timeline and map to see Manhattan today overlaid with the precise boundaries of early land grants to the Dutch in the 1600s. Scroll through the progress of city building through the first century of European settlement there.

See Silicon Valley's real estate, employment, population, and innovation statistics

As a leader in the global economy, Silicon Valley's growth is closely watched around the world. In 2025, companies in the region posted $92B in venture capital deals and created 23,000 new patents. The average wage in the region is $189K, which is much higher than the national average, but the median home price sits around $2.25M—which calls the sustainability of the region's living standards into question.

Broadway is a theater district in New York

There are 41 official Broadway theaters in New York City, all within a few blocks of Times Square, a key contributor to the area's prestige and economic success. These theaters host the productions eligible for Tony Awards.

See a timeline of Silicon Valley's greatest innovations

Silicon Valley is home to some of the biggest innovations of the last century. From radio communicators in the 1930s, to personal computers in the 1970s, the Valley has been the center of technological innovation for decades.

Broadway is the epicenter of the American theater world

Broadway is shorthand for the Broadway theater district, an area in New York City's Manhattan borough that occupies a segment of Broadway, a 13-mile road. Although the Broadway theater district has a relatively small geographic footprint, its 41 theaters stage some of the world's most popular productions of plays and musicals.

The top 100 companies in Silicon Valley

Silicon Valley has pumped out some of the biggest companies in the world, including Apple, Meta, and Google. Thousands of companies operate in the area, ranging from valuations in the trillions to startups only worth thousands.

The dot-com boom sent tech stocks soaring before a historic collapse

A look at the dot-com bubble, when investors poured money into unproven internet startups, driving the Nasdaq to dizzying heights before it crashed by more than 80% after 2000, showing how new technologies can detach markets from reality.

One office park had an outsized role in the birth of Silicon Valley

Developed in 1951, Stanford Research Park was more than just a pioneering suburban office park. It would go on to catalyze Silicon Valley's tech ecosystem as a whole.

The Bomb-proof, Cold War-era New York data center inspiring spy movies

At 33 Thomas Street in Lower Manhattan, New York City, a 45-story concrete tower with no windows stands imperiously over the city. Inside, 18 floors of telecommunications technology have hummed for decades. The building's purpose—to protect US comms from nuclear fallout—and its design have played into spy movie plotlines. Dive into the building's curious role in pop culture with this long read.

New York City's five boroughs each function as a separate county under state law

Each of New York City's five boroughs—Manhattan, Brooklyn, Queens, the Bronx, and Staten Island—corresponds to a separate county under New York State law, forming a layered government structure that is unique among major American cities.

The main bank serving Silicon Valley startups and venture capitalists collapsed in 2023

Silicon Valley Bank—the 16th largest bank in the US—served many tech startups in the area as well as many venture capitalists. The bank collapsed in 2023—in a single day, bankers took out $42B.

The Erie Canal transformed New York City into America’s banking capital

By redirecting western trade through New York Harbor, the canal turned New York into the nation’s commercial hub. This surge in commerce shifted financial power from Philadelphia to Wall Street, establishing the city as America’s banking capital.

In 2020, Palantir moved its headquarters from Silicon Valley to Denver, CO

Despite being a famous tech startup synonymous with Silicon Valley, Palantir executives and cofounders have criticized tech founders for not taking a bigger role in upholding Western institutions and supporting American defense and intelligence work. That cultural tension is frequently cited as a motivating factor for the company's 2020 move to Denver, CO. In early 2026, the company announced another move to a suburb of Miami, FL.

Find out how companies decide which stock exchange to list on

Tech companies often prefer to list on the tech-focused Nasdaq, whereas more traditional organizations opt for the New York Stock Exchange. Sometimes the choice is made partly based on the services an exchange offers a company.

The architectural evolution of New York City's Chinatown

Cityscapes continuously evolve, and each stage in their transformation tells a unique story. In Manhattan's Chinatown from the 1940s to today, the architecture has bloomed from an ethnic conclave for often mistreated migrants to a vibrant cultural hub today. See varying elevations and facades over time.

As technology evolved, so did Wall Street

Before the telephone was invented in the mid 1800s, people had to trade stocks in person. But once office telephones and computers became commonplace, banks and other financial institutions didn't necessarily need to have their headquarters near exchanges like Wall Street's New York Stock Exchange.

How a garage became the birthplace of Silicon Valley

Bill Hewlett and Dave Packard are well known for founding the company Hewlett-Packard. But before their success, Hewlett and Packard sat in a garage and created their first product together. Today, that garage is deemed the "birthplace of Silicon Valley" and is marked as a historical site.

The world’s top 20 cities for startups include San Francisco

In 2023, Singapore had the highest venture capital funding per capita in the world. But that doesn’t necessarily mean it’s the best place to have a startup. In 2023, PitchBook analyzed data to determine the world’s best startup city, including fundraising activity, venture capital deals, and exit value. San Francisco ranked as No. 1. See which other locales landed in the top 20 with this graphic.

Worth more than $14T, Silicon Valley may be getting too expensive for future founders.

An overview of New York's iconic stoops

In New York City, stoops are cherished and fundamental aspect of life in many neighborhoods. In a city where yards are a rarity, stairways are places for New Yorkers to socialize and relax. Follow the history of these sites in this video, starting from their Dutch origins to their impact on city life today.

An AI-built pixel map reimagines New York City as a video game

Isometric NYC is a zoomable pixel-art map that renders the city in game-style perspective (think SimCity), helpfully clarifying the dense geography and architecture. The makers built the project tile-by-tile using satellite data and generative AI. Zoom into building-level views or out to see all five boroughs.

The dot-com bubble burst in the early 2000s

If you’ve heard of companies like Google and Yahoo, you’re already partially familiar with the dot-com bubble: a period from roughly 1995 to 2001, when internet companies were the hottest thing in venture capital. The “bubble” part of the term refers to the industry’s eventual implosion.

Visualize the differences between the New York Stock Exchange and the Nasdaq.

The history of Wall Street as a financial center dates back to the 1700s, beginning with the establishment of the New York Stock Exchange and New York City's first official slave market.

1970s New York was viewed by many as a city in decline

By 1975, the city owed $5B to $6B in short-term debt; over a million manufacturing jobs had left the city since the end of World War II. Meanwhile, the murder rate was more than double than 10 years earlier. Graffiti was seen as illegal vandalism perpetrated by unsupervised teenagers and was viewed by some as emblematic of the larger societal decline.

The iconic 'I Heart NY' logo was originally designed in the back of a cab.

What is after-hours trading?

While both the New York Stock Exchange and the Nasdaq open at 9:30 am ET and close at 4 pm ET, some trading is allowed after that. After-hours trading was once only open to institutional investors and people with particularly high net worths. Now, with the advent of computers, anyone can trade stocks anywhere online, and those regulations have broadened.

New York named a street after Basquiat in 2025

The influential pop artist made his name (and developed his unique graffiti-inflected style) in the city's East Village. In 2025, the city added his name to one of the neighborhood's streets in his honor. (Some readers may experience a paywall.)

Learn how eight 'traitors' played an essential role in founding Silicon Valley

In the 1950s, William Shockley led the way in the semiconductor business. Everything changed in 1957, after eight of his engineers—whom he called the "Traitorous Eight"—left his company to start their own. Their company, named Fairchild Semiconductor, employed many future founders of major Silicon Valley companies. Today, the Traitorous Eight are considered among the founders of Silicon Valley.

The term ‘angel investor’ is thought to have originated with Broadway plays

The first so-called angel investors funded theatrical productions. Now, angels invest in startups at an early stage, hoping their investment will pay off in the future.

Burning Man has become a playground for Silicon Valley's tech workers, sometimes influencing the work culture of the country's biggest companies.

Bill Hewlett and Dave Packard are known for creating the 'founding' Silicon Valley company Hewlett-Packard

During the company's early years, Hewlett and Packard established a management approach called "the HP Way." The approach, which was considered radical at the time, helped shape the way Silicon Valley is run today.

Many dot-com companies spent some investor money on expensive parties

Parties hosted by dot-com companies were known to be extravagant and expensive. Technology companies in the Bay Area hosted between 15 and 20 parties a week on average, which cost between $30K and $50K on average.

When the New York Stock Exchange was started in 1792, traders would meet both outside on the street and in coffee shops to do business.

Many startups in a variety of industries try to reframe themselves as 'tech companies'

Tech is still the dominant industry for startups—in part due to its low barriers to entry, high growth potential, investor preferences, and the proliferation of tech into a wide variety of industries. Sweetgreen, the fast-casual salad chain, for instance, has often referred to itself as a tech company.

Explaining the collapse of Silicon Valley Bank

In March 2023, Silicon Valley Bank—the nation's 16th largest bank at the time—collapsed after a rapid run on its deposits. Among other factors, the bank had placed more than half of its investments into long-term bonds, leaving it without the necessary cash on hand as its clients, largely start ups, panicked and withdrew their money at the same time. This visualization lays out the timeline and impact of the collapse.

Platforms like AngelList help angel investors find startups to fund

Angel investors leverage their high net worths to fund seed-stage startups. While they could see high returns, investing in such an early company is a risk.