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...Soon a stream of Silicon Valley entrepreneurs were venturing up the home’s long gated driveway to pitch Son their biggest ideas....
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...Ironically, Silicon Valley — where the smartphone was conceived — was an early adopter of a low-tech approach in relation to its own offspring....
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...Despite the combined nearly $35bn write-off of supposed shareholder value, these “down round” IPOs are not being met with derision in Silicon Valley....
...Valley....
Investors often struggle to assess the rewards on offer to bosses, not helped by a lack of consensus on targets
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...Valley’s most prominent venture firms, building a reputation with early investments in Facebook and Airbnb....
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...The one-time sleepy southern “Pensioner’s Paradise”, where shops opened late, has become “India’s Silicon Valley”. It feels as dizzyingly dynamic as Manchester must have mid-Industrial Revolution....
...Silicon Valley’s search for a consumer device to succeed the smartphone has revived an idea that crashed and burnt almost a decade ago: Google Glass-style headsets....
...It boils down to a risk that has long plagued Silicon Valley: corporate governance. All of these investors have backed a start-up without any real investor protections....
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...“The bottom line is Mike Moritz has been iconic in Silicon Valley for 20 years. He’s been invaluable in mentoring people at Klarna....
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