“The great news for me about these times of enthusiasm is that inevitably there’s a lot of bedlam, undoubtedly there’ll be carnage, there’ll be all sorts of carcasses strewn across the road,” he said. “But there will also be a handful of companies that will emerge to become very significant. And that’s what working and living and investing in Silicon Valley has always been about.”
“People in New York feel a chip on their shoulder because they’re not in the center of this thing,” says Seth Goldstein, a longtime Silicon Alley player now decamped to Marin County. “The question is, why didn’t Netscape start in New York? Why didn’t Google start in New York? Why didn’t Yahoo start in New York? It’s that things are able to percolate here, not because of idealism but because of a willing suspension of disbelief.”
