[nugi]

There has always been a perception amoung many techies and ents that "wall street" represented the old, entrenched, 'rent-seeking' capitolism, while SV style was 'changing the world', dispuptive, and somehow more egalitarian. It seems to mirror the political divide somewhat, with many younger more visionary types going for broke out west, and the more risk adverse finding a reliable income in finance. Its a matter of perspective as much as philosophy.

[marzell]

'Silicon Valley' and 'Wall Street' have become sort of extreme synecdoches that carry tons of baggage when used. While often useful, I find they are becoming increasingly disingenuous in regards to current state or at least in regards to the way things are changing for the better (in contrast to the negative meanings implied when one of these terms are used as a derogative).