1/ WaPo title, "Come on, Silicon Valley, you can do better than this" gets at the root of what non-SVers don't get: there's no there there.
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5/ Unless you can predict the *precise* future course of something like Yo, the market knows things you don't.
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6/ Worst case is better than you think: $1mm gets recycled fast, a couple of kids learn marketing, ecosystem gets smarter about virality
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