DEFINITION of 'Siliconaires'

Slang referring to young dotcom entrepreneurs in their 20s and 30s who found themselves suddenly rich due to stock options from their Silicon Valley Internet companies.

BREAKING DOWN 'Siliconaires'

With the dotcom boom and the rise in stock price of many different high-tech companies, many people working in or associated with Silicon Valley quickly found gains in wealth.

RELATED TERMS
  1. Silicon Valley

    A part of the San Francisco Bay Area that is known for the many ...
  2. Dotcom Bubble

    A rapid rise in equity markets fueled by investments in internet-based ...
  3. Death Valley Curve

    A slang phrase used in venture capital to refer to the period ...
  4. Dotcom

    A company that embraces the internet as the key component in ...
  5. Entrepreneur

    An individual who, rather than working as an employee, runs a ...
  6. Take A Report

    A slang phrase signifying that an individual's trade order has ...
Related Articles
  1. Small Business

    Why Is Silicon Valley A Startup Heaven?

    Silicon Valley persists as a primary destination for tech startups. Investopedia explores why it is beneficial to start a tech business in Silicon Valley
  2. Insights

    Silicon Valley’s Highest Paying Companies (FB, TWTR)

    Home to startups transformed into global tech forces, Silicon Valley offers six-figure median total compensation salaries in the ever-changing tech sector.
  3. Investing

    The Biggest Companies in Silicon Valley (AAPL, GOOGL)

    Understand what types of companies are the most successful in Silicon Valley. Learn about the top six largest Silicon Valley companies by market cap.
  4. Investing

    Life After the Presidency: Barack Obama in Silicon Valley?

    With so many politicians already in high powered tech jobs, the President would not be the first politician to make the switch from Washington to Silicon Valley.
  5. Investing

    Why Silicon Valley Unicorns Could Soon Be Extinct 

    It seems inevitable that the throng of unicorns that have ruled Silicon Valley will become gradually thinner over the coming months. Should you be worried?
  6. Investing

    Are High Valuations In Silicon Valley Over?

    Silicon Valley valuations, which hit the roof earlier this year, are coming down to earth. What caused the rise? And, what brought about their downfall?
  7. Financial Advisor

    The Complete Guide To Retirement Planning For 30-Somethings

    Here is everything you need to know about retirement planning if you are in your 30s.
  8. Small Business

    VC Funding for Tech Startups is Slowing: Here's Why

    Two reports released last week provide further proof that the VC funding market for startups is slowing down.
  9. Investing

    Who Wins In Google, LinkedIn Swap (GOOGL, MSFT)

    The landmark property swap deal paves the way for building integrated campuses and offer a realistic solution to Silicon Valley companies
  10. Insights

    What Increasing Tech Layoffs Mean For Silicon Valley (YHOO, ADSK)

    Find out the reasons for layoffs by Bay area tech companies in 2016. Learn which factors indicate that the regional job market is still strong.
RELATED FAQS
  1. What lessons did the tech bubble crash give to investors in the Internet sector?

    Learn how investors contributed to the dot-com bust and how Internet services and investing has changed since the market ... Read Answer >>
  2. How has investing in the Internet sector evolved over time?

    Learn how early investors of the Internet sector received a valuable lesson and influenced modern-day markets after the dot-come ... Read Answer >>
  3. What average annual return has the internet sector historically generated?

    Learn about the performance of Internet stocks, one of the newest types of investment sectors, and discover how stock bubbles ... Read Answer >>
  4. What are the main reasons for investing in the internet sector?

    Explore key reasons for investing in companies in the Internet sector. Learn about leading companies delivering products ... Read Answer >>
  5. How does an entrepreneur help the economy?

    Find out about how entrepreneurs play a fundamental role in capitalist economies by helping to coordinate resources and bearing ... Read Answer >>
  6. Why is Frank Quattrone credited with contributing to the growth of the dotcom bubble?

    Frank Quattrone was one of the most powerful figures during the dotcom bubble. He was one of the first investment bankers ... Read Answer >>
Hot Definitions
  1. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  2. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  4. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  5. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  6. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
Trading Center