The Death of Risk in Silicon Valley

An excellent article by Sarah Lacy on business week the prime suspects responsible for the Valley’s nagging aversion to risk. Here is an excerpt

“I was recently at a Silicon Valley conference where one of the debates that raged into the wee hours centered on Silicon Valley’s increasing aversion to risk: Is it a good thing, and who’s to blame for it?

Less risk-taking by entrepreneurs means less outright failure. A lot of burned startup founders and investors see this as a plus. But any macroeconomist will tell you it’s the rare home runs—successful, innovative companies yielding high returns—that create jobs and capital that keep the Valley humming.”

Read more here – Business Week

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