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The Japanese answer to the Silicon Valley. It is the nickname of Shibuya Ward in Tokyo where a lot of venture capital backed computer companies are located. Shibuya is also famous for the girls with the panda eyes.

The name "bit valley" comes from the direct translation and a little play on the 2 kanji that make up Shibuya. "Shibu" means "bitter" as in taste and "ya" means "valley". "Bitter" then is shortened to "bit".

I personally think it is a stupid name and get embarrassed when my company is introduced as a "bit valley" company.

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