(You might need to clear your chache to get across the paywall)
http://online.wsj.com/articles/is-silicon-valley-investing-in-the-wrong-stuff-1404688048
Any chance that any of you take two steps back and think about doing something really fundamentally innovative, instead of gamification or anonymish social apps?
Thanks for linking to an article that I can't even read because I"m not a paying customer of the WSJ.
<p>Google is your friend: view cache of said page.</p>
I just pressed ESC before the page finished loading.
LOL! Good trick. It works.
"That their kind had lost its way—and, in the world of startups, money wasn't flowing where it should anymore."
Where it SHOULD? In the world of capitalism, money "should" flow to where it grows. Period. This article is trying to tie venture capitalism to social entrepreneurship. They are not the same and has never been.
The problem is sustainability of capital growth. What the author suggests is that view of what's valuable and has high growth potential, from the SV perspective, is myopic. Inbred, really.
Besides, Snapchat? Really!?!?!? I get it. Lots of eyeballs. But christ. We should be embarrassed by our priorities.