The San Francisco Bay area’s reputation as the world’s tech centre has become so ingrained globally that the number of regions attempting to name themselves after Silicon Valley appears to grow every year.
In addition to Silicon Fen in Cambridge, England, and Silicon Allee in Berlin, Israelis boast of their Silicon Wadi and even Australian techies have attempted to christen Silicon Beach.
But when it comes to the actual Silicon Valley, overseas investors have shown they have become increasingly unwilling to put their money where their nomenclature is.
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