For decades, the majority of startup culture seemed to focus on the activities of businesses based in Silicon Valley. From Listia to Evernote, Silicon Valley is a hotbed for some of the today's most popular tech companies.

Forfeiture refers to the loss of rights, property, or assets, typically due to breaching an agreement or failing to meet obligations. In legal or contractual contexts, it can result in the loss of a deposit, rights to a property, or other assets as punishment for non-compliance.