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May 17, 2012 09:52 am GMT
There's been a lot of armchair valuation punditryacross the Valley this week. As the Facebook IPO looms, our intricately entwined ecosystem of startups and investors seeks to benefit from the domino effect of a population feeling flush with cash. This is the picture that the WSJ painted in its Quora funding announcement yesterday, headline: "Former Facebook Hands Capitalize on Buzz." Okay, sure, smart people will always adapt to a favorable environment -- but the WSJ missed a deeper and more long-term dynamic at play.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Tm0tjKNWkB8/
Quora Investor Peter Thiel: The Samwers Are Never Going To Clone Quora,
There's been a lot of armchair valuation punditryacross the Valley this week. As the Facebook IPO looms, our intricately entwined ecosystem of startups and investors seeks to benefit from the domino effect of a population feeling flush with cash. This is the picture that the WSJ painted in its Quora funding announcement yesterday, headline: "Former Facebook Hands Capitalize on Buzz." Okay, sure, smart people will always adapt to a favorable environment -- but the WSJ missed a deeper and more long-term dynamic at play.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Tm0tjKNWkB8/
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