Ellen Pao on jury verdict: 'I have been inspired by the thousands of people who have reached out to me over the past three years with support... While today's outcome is a disappointment, I take consolation in knowing that people really listened... Hopefully my case will inspire the venture capital industry to level the playing field for everyone, including women and minorities.' - @ekp
Jury finds for Kleiner Perkins on all claims in Silicon Valley discrimination case filed by former employee Ellen Pao - @WSJbusiness (Update: The jury was later asked to return to resume deliberations after a discrepancy was found)
Silicon Valley is a nickname for the southern portion of the San Francisco Bay Area, which is located in part of the U.S. state of California known as Northern California. It is home to many of the world's largest high-tech corporations, as well as thousands of tech startup companies. The word "valley" refers to the Santa Clara Valley where the region has traditionally been centered, which includes the city of San Jose and surrounding cities and towns. The word "silicon" originally referred to the large number of silicon chip innovators and manufacturers in the region. The term "Silicon Valley" eventually came to refer to all high tech businesses in the area, and is now generally used as a synecdoche for the American high-technology economic sector.
Silicon Valley is a leading hub and startup ecosystem for high-tech innovation and development, accounting for one-third of all of the venture capital investment in the United States. Geographically, Silicon Valley is generally thought to encompass all of the Santa Clara Valley, the southern half of the Peninsula and southern portions of the East Bay.
It was in Silicon Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other key technologies, were developed. As of 2013 the region employed about a quarter of a million information technology workers.