The tech industry in the Bay Area is characterized by cycles of rapid growth and subsequent downturns, resulting in startups accumulating extravagant office items and technology that often go to waste. Silicon Valley Disposition, founded by Carroll in 2010, auctions off surplus equipment from tech companies. With auctions occurring 80 to 100 times a year, the company helps clear out countless items from companies that have closed down, from high-tech equipment to even private planes. This service thrives regardless of economic conditions, as businesses seek to offload their assets in tough times.
"The business as a whole does good in a very good economy because people are buying new, selling their old - and in a bad economy, they’re trying to sell assets to survive."
"SVD is like a version of eBay, if eBay specialized in bioreactors, sold $956,000 welding robots and offered laptops by the hundred."
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