Bit Valley


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Bit Valley

The Shibuya suburb of Tokyo, known for its cluster of high-tech and Internet companies. See Silicon Valley and high-tech regions.
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However, membership of the nonprofit organization Bit Valley Association, which Miyagi and two others established for the network's development, had swollen close to 3,000 by the end of November.
It also made Bit Valley members increasingly hectic as many moved up their plans for going public, given the relaxed listing standards that allow them to enter without having earned any profits.
A goal of the magazine is to cover breaking business stories, such as the emergence of Bit Valley (a loose-knit group of entrepreneurs shaking up Japan's business world by receiving some very high-valuation investments from venture companies).