I disagree. Silicon Valley represents a distinct form of tech capitalism, characterized by the 10x firms and sky-high valuations of products that have yet to make a cent in profit.
Tech capitalism has a different tone in other places. A friend of mine works remotely for a company based in the Midwest, and the corporate/VC culture is worlds apart from Silicon Valley/San Francisco.
While this comment is perhaps a little more cynical that I would've gone with, the fact is that a whole lot of the most valuable SV companies have never turned one bit of actual profit. When regulations finally come about that put the lid on a lot of the personal information market, a whole lot of these companies are going to have to find a way to make money that doesn't involve scraping user's information, and I think that will be a red letter day for a lot of these companies.
Tech capitalism has a different tone in other places. A friend of mine works remotely for a company based in the Midwest, and the corporate/VC culture is worlds apart from Silicon Valley/San Francisco.