> For the complete documentation index, see [llms.txt](https://docs.phala.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.phala.world/phalaworld-story/chronicle/2000-2018-the-silicon-valley-era.md). # 2000-2018: The Silicon Valley Era ### 2000-2018: **The Silicon Valley Era** The Internet boom gave birth to the emergence of several digital trust giants (historically known as Silicon Valley trust): * Google * Facebook * Amazon * Netflix * Bytedance * Tencent * Alibaba At this stage, Internet companies and venture capitals formed close bonds that lived on developing products designed to achieve the highest profitability. They had two main business models: 1. 1.Develop free apps→ keep increasing installations and daily active users of these apps → acquire user data for free → push services and advertisements based on user data → gain profits 2. 2.Develop free apps→ keep increasing installations and daily active users of these apps →acquire user data for free → push new apps and services based on user data → form a trust monopoly When looking back, we’ll find that this period essentially shaped a farmland fed by data of the whole humanity. The service network weaved covering 100% of the time of human life wrapped private individuals in cocoons.