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Silicon Valley Has Learned to Love the Bust

Posted by timothy on from the but-has-your-ira dept.

An anonymous reader writes "Fortune's David Kirkpatrick interviews scores of valley execs who have stopped worrying continued innovating. He writes: 'The underlying tech boom that began the bubble actually has never stopped. It just stopped paying off. Says Eric Schmidt, CEO of Google, the company that has emerged as the head of the new class: "If anything, the rate of innovation in technology has increased in the past couple of years. But that doesn't necessarily make it a good business. The beneficiaries are the end users." Agrees Rob Carter, the CIO of FedEx: "The sound we heard wasn't the bubble bursting; it was the big bang."'"

7 of 264 comments (clear)

  1. web server on zaurus? by Anonymous Coward · · Score: -1, Offtopic

    http://4.64.19.174/

  2. Cut out the cliche geek jokes by dsanfte · · Score: -1, Offtopic

    They're getting incredibly old, and stereotypes are bad. Pick on nerds instead, they're scrawny and wear glasses.

    --
    occultae nullus est respectus musicae - originally a Greek proverb
  3. Re:couldnt last 4ever by Anonymous Coward · · Score: -1, Offtopic
    fp

    Nope. Not even close. llama!

  4. dot double-quote single-quote double-quote by Anonymous Coward · · Score: -1, Offtopic
    The story blurb ends with: ."'"

    --
    Another pointless AC comment.

  5. Boring topic by CausticWindow · · Score: 0, Offtopic

    I'm sure you all agree.

    Sig of the day:
    Wer zu Lebzeit gut auf Erden
    wird nach dem Tod ein Engel werden
    den Blick gen Himmel fragst du dann
    warum man sie nicht sehen kann
    Erst wenn die Wolken schlafengehn
    kann man uns am Himmel sehn
    wir haben Angst und sind allein
    Gott weiß ich will kein Engel sein
    Sie leben hinterm Sonnenschein
    getrennt von uns unendlich weit
    sie müssen sich an Sterne krallen (ganz fest)
    damit sie nicht vom Himmel fallen
    Erst wenn die Wolken schlafengehn
    kann man uns am Himmel sehn
    wir haben Angst und sind allein
    Gott weiß ich will kein Engel sein
    Erst wenn die Wolken schlafengehn
    kann man uns am Himmel sehn
    wir haben Angst und sind allein
    Gott weiß ich will kein Engel sein
    No, it's not french, so don't mod me down you jingoists.
    --
    How small a thought it takes to fill a whole life
  6. Re:sounds? by Anonymous Coward · · Score: -1, Offtopic

    Aahahahahaha, "Bill Gates breaking wind". Ahahaahah now *that* is funny. Sir, you are a true genius of comedy. Adam Sandler and Steve Martin are no doubt crying in their beer, realizing that they have been trumped by one with a finely honed and insightful wit like yourself.

    All that your comment was missing was multiple smileys, for those who might not "get" it. But oh my, for those of us who did, it's urinate-in-the-pants time from laughing so hard. Underwear manufacturers around the world thank you, sir!

  7. Lucky you. by CrazyJim0 · · Score: 0, Offtopic

    I got my offers confused. Now I'm sitting around with an enlarged debt and my penis cut in half.

    --
    God spoke to me