Not that anyone was in doubt, but The New York Times is reporting that venture capitalists are struggling to sell their start-ups. With technology entrepreneurs having little prospect of a big exit through the IPO or M&A markets, is the bi-weekly paycheck the new god of Silicon Valley?
Maybe, maybe not. Silicon Valley culture is heavily entrepreneurial and that's unlikely to change anytime soon. However, I suspect that the rank and file at companies like Digg are going to be much more concerned with their paychecks than their underwater stock options for the next year. Cash is … Read more