The Next Silicon Valley

Two venture capitalists think they've unlocked the formula that can sprout startup hubs in dozens of places around the world. People everywhere keep trying to ­duplicate the success of Silicon Valley as an incubator for innovation and wealth. Victor W. Hwang, a Los Altos Hills, ­California venture capitalist, has been studying what makes the Valley succeed and so many of its imitators fail, and he’s convinced he has found the answer. Not only that, but he’s putting his ideas to the test, trying to foster new versions of the place around the world. How? It’s about how people work together. Read it here.