Saturday, April 23, 2011

Is Silicon Valley going the way of Hollywood, creating little lasting value?

This Tech Bubble Is Different []

My fear is that Silicon Valley has become more like Hollywood,” says Glenn Kelman, chief executive officer of online real estate brokerage Redfin, who has been a software executive for 20 years. “An entertainment-oriented, hit-driven business that doesn’t fundamentally increase American competitiveness.”

(via Instapaper)

Posted via email from edge & flow

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