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Innovation Isn’t Dying In Silicon Valley; It’s Just Changing

Apparently Judy Estrin, a well-known Silicon Valley tech entrepreneur and exec, is coming out with a new book warning that the infrastructure needed for innovation in Silicon Valley is going away. The complaint basically appears to be that there’s too much emphasis on the short-term, with companies focusing on the quick flip rather than the long haul trends that need to be satisfied to drive real innovation.
I can absolutely understand where this is coming from — but I think it’s wrong. There absolutely are a bunch of folks in Silicon Valley who are focused on the quick flip and the easy cash out. Those folks have been around for a while. They get a lot more attention in the boom years, and during the down cycles you see them fleeing for somewhere else. But that doesn’t mean that the overall culture of innovation is in [...]

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