US Lags in Race for Tech Talent

The Epoch Times
November 1, 2012

SAN FRANCISCO—From all appearances, Silicon Valley is booming, but it’s a deceptive image. The sources of innovation that have always powered the Valley are seeping away, taking with them the lifeblood of a giant technology wealth machine. A steady stream of immigrant innovators are saying good-bye to America and heading home.

Rents and salaries are soaring in Silicon Valley. The tables are full for breakfast at Buck’s in Woodside and The Creamery in San Francisco, with venture capitalists quizzing young masters of the digital universe in search of the next Facebook or Instagram.

Across the Bay Area, free lunch is served, preferably organic and local. But many talented individuals no longer find the United States an attractive place.

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