Silicon Valley is an American television sitcom created by Mike Judge, John Altschuler and Dave Krinsky. The series focuses on six young men who found a startup company in Silicon Valley.The series premiered on April 6, 2014, on HBO.The first season consisted of eight episodes. HBO renewed the series for a second season, which premiered on April 12, 2015. On April 13, 2015, HBO renewed Silicon Valley for a third season.
Richard Hendriks (Thomas Middleditch) is a shy, reclusive programmer who works at a large internet company called Hooli. He is also developing a music app called Pied Piper in a live-in startup business incubator run by entrepreneur Erlich Bachman (T.J. Miller). After a rocky post-TED elevator pitch of Pied Piper to venture capitalist Peter Gregory (Christopher Evan Welch), Hendriks also shows his work to a pair of programmers at Hooli who mock him.
Within hours, however, Hooli executive Donald "Jared" Dunn (Zach Woods) and Gregory's assistant Monica (Amanda Crew) discover that the app contains a revolutionary data compression algorithm. Hooli CEO Gavin Belson (Matt Ross) proposes a $4 million buy-out of Pied Piper, while Peter Gregory offers a $200,000 investment for 5% ownership in the company, an offer that would result in an equivalent valuation for the company. This led Gavin to increase his offer to $10 million. With encouragement from Monica and the support of Bachman, Hendriks chooses Gregory's offer. He hires the residents of the incubator, except for his friend Big Head (Josh Brener), to become the Pied Piper team, along with Dunn, who defects from Hooli.