Screw the Valley: Raleigh-Durham Edition
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Timothy Sprinkle. Screw the Valley: Raleigh-Durham Edition
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TIMOTHY SPRINKLE
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It still does, to some extent. As of today, some 40,000 people come to work every day in the Park, more than 10,000 of them at what is the second-largest IBM facility in the world and 5,000 more at the pharmaceutical firm GlaxoSmithKline’s sprawling research center in the area. Cisco, SAS, Microsoft, Oracle, and many other tech giants also have operations within the Park’s boundaries.
I soon learned there was much more going on in the Triangle region than just the blue chip companies at work in the RTP. Raleigh-Durham is also home to an active and growing startup ecosystem, with incubators, networking groups, coworking spaces, and mentorship organizations spread out all over the area, specializing in everything from biotechnology to enterprise support, consumer apps, and more. A lot of it mirrors the economic foundations of the region as a whole—there is a little bit of everything in the Triangle, so you’ll find startups focused on just about every niche imaginable—but there’s also an unmistakable connection to established community in the area: large numbers of ambitious young people, drawn to the Raleigh-Durham area for school who end up sticking around to start their careers. More and more of them don’t want the big company experience, so they’re starting their own enterprises in an effort to do the work they want to do in the place they want to do it. And they’re finding that the Triangle has the resources they need for long-term growth and success.
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