| No question, these are tough times in the Valley.
I'm talking about Silicon Valley, of course.
With layoffs… and the SVB collapse… I can tell you, some of my friends out there in Big Tech country are going through a bit of an identity crisis.
Personally, I think that's a good thing.
It never pays for anybody, not even an industry as rich as Big Tech, to get complacent. They could emerge from this a lot better for it.
But here's something else, though…
While Silicon Valley wrestles with rough times…
Another upside is that we're seeing whole new "meccas" for tech wealth emerge.
For instance, my friend and fellow analyst, Eric Fry, has identified another location…
Over 2,000 miles from Silicon Valley…
That's attracting billions of dollars in new investment from one-percenters… from massive corporations… and from over 200 of our top financial institutions.
Startups in this mystery spot are popping up left and right.
It's got so much momentum, in fact, Eric has taken to calling this emerging hotspot "America 2.0" and he believes it could even replace Silicon Valley in the future.
At the very least, it's becoming a new "epicenter" for American innovation.
You should see what he's uncovered for yourself – click here.
To your progress, |
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| Luke Lango
Editor, InvestorPlace
P.S. I don't want to give too much away… but here's one more thing: This new wealth "mecca" Eric's identified is directly tied to another megatrend you know I love… the emerging market for EVs. How so? Watch Eric's video to find out. |
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