(2003-06-18) Po Bronson Valley

Po Bronson on the changing culture of Silicon Valley. I don't think this new attitude is temporary. I see a great deal of nesting going on. Despite the crash and the resulting disruption, more marriage licenses were granted in 2001 in San Francisco than any year prior. In Santa Clara County, more babies were born in 2002 than in any year of the boom, and house purchases have bounced back to near-record levels, despite the massive evaporation of wealth. The culture of shifting alliances and temporary agreements is out; permanence and settling down is in. I doubt startups will ever become commonplace again. Most new products will be funded and developed through Intra Preneur programs at well-established companies (BigCo). Venture Capital-funded startups (SmallCo) will be reserved for only the rare great ideas. They'll be highly watched anomalies, a spectator sport for the average Highway 101 commuter.