Shanghai? LA? Berlin?
I think the next Silicon Valley is the internet.
Here are some data points:
Entire companies like Automattic, the company behind WordPress, are being built with no permanent offices. I have a friend living in Alpine, TX who works for them. You can see the location of Alpine. Perhaps the opposite of a tech hub.
TechStars and YCombinator are both operating "virtual" tech accelerators over the internet.
Every company in the program at RealCo spans multiple geographies. Every single one. That caused us to become distributed as well.
Many young people are growing knowing only a world with the internet. They are Digital Citizens first, and that is how they will build companies. Flipmass is just such a startup that offices a few doors down from me.
The biggest tech innovation this decade is blockchain, which was created without Silicon Valley VCs and well outside of the valley.
Blockchain has spawned Initial Coin Offerings where companies are raising millions without venture capital.
Tools for running distributed organizations are getting even better such as Slack and BlueJeans. Only a decade ago it was common to drop mobile phone calls while driving.
Platforms like AngelList, Kickstarter and Twitter make sourcing investments and hiring startup talent possible anywhere.
Does this mean Silicon Valley is dying? Far from it. I am bullish on Silicon Valley. There is no better place to build and scale a startup regarding talent and resources. However, the shifts we are seeing makes it easier by the day to make great companies anywhere.