“If I want to get work done, that's usually about 3 in the morning.”
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I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.
Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.
If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.
I know where I'm putting my money.