Former Intel CEO Andy Grove on today’s Silicon Valley:
Intel never had an exit strategy. These days, people cobble something together. No capital. No technology. They measure eyeballs and sell advertising. Then they get rid of it. You can’t build an empire out of this kind of concoction. You don’t even try.
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Source:
Steve Hamm, Whatever happened to Silicon Valley innovation?, BusinessWeek, December 31, 2008.
