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Is Silicon Valley Funding the Wrong Stuff?

Wall Street Journal Original article ›
LyrArc Article Gist
Mims raises questions about how productive current investments in Silicon Valley are in tackling real problems we face. He points out that advertising represents about $100 billion in an economy of $16 trillion, yet most startups focus on advertising revenues. Is $1.2 billion invested in Uber ride sharing service too much when other startups tackling bigger problems could be funded with some of that money, is a question raised by some in Silicon Valley.

Andy Grove on resilience and a different kind of attitude missing in Silicon Valley.

12/31/2008

The idea of an "exit strategy" infuriates Andy Grove. Intel never had an "exit strategy" he says. Steve Hamm visits Silicon Valley.

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