Silicon Valley and data science
Several of the key innovations we see today in big data have emerged from Silicon Valley. The region has been a tech hub for decades and has launched some of the most successful companies such as Apple, Google, Facebook, and eBay. The presence of universities, such as the University of California at Berkeley, has made access to talent relatively easy.
That said, the cost of living in the region has sky-rocketed, especially in the wake of the growth of the big data and data science industry. Today, the average rent for a one-bedroom apartment is well above $3,500 per month, making it more expensive than even New York City.
Silicon Valley, however, is synonymous with success and many new entrepreneurs are drawn to the region. Startups have sprung up, many of them commanding tens of millions of dollars in VC investment. However, entrepreneurs should heed statistical warnings given the high failure percentage of startup businesses. It is one thing to have a great...
