Why Silicon Valley will always need Wall Street

The impressive rise of Silicon Valley as it became the global hub of technological innovation certainly took many on Wall Street by surprise. As time has gone on, I’ve seen many begin to muse that the era of Wall Street’s financial dominance over technology could be over, especially as private lenders and burgeoning tech firms in Silicon Valley carved out an impressive empire for themselves on the West coast. Some are beginning to nurse doubts over whether Silicon Valley can cut-out Wall Street for good, however, and not without ample reasoning. Can Silicon Valley cut-out Wall Street and become fully…

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