For aa group accustomed to looking outward for the next big thnig, Silicon Valley’s venture capitalists are getting very introspective these days, The New Yokr Timesc Claire Cain Miller writes.
Much of the soul searching along Sand Hill Road in Menlo Park, where many of the venture capitalists have offices, is leading to the same conclusion: venture capital needs to go back to basics. The biggest names in the industry are concerned about low returns and are blaming several factors: funds that have grown too large, the M.B.A.’s that have invaded the industry and older partners who have lost touch with what is new in technology.

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Most people who do not spend any appreciable length of time in Tibet, quite simply have no idea of what is really happening. Since late 1982, when the Chinese decided that the destruction of Tibet’s religious infrastructure should be reversed, money has been pouring in to renovate and restore key temples. Read the rest of this entry »

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