MOUNTAIN VIEW, Calif.--The national and global economy is suffering something between a setback and a meltdown, but Google's top executives said Wednesday they're bullish about Silicon Valley's economic prospects.
"This is the sixth or seventh cycle I've seen in Silicon Valley. I think we're better positioned than ever," Chief Executive Eric Schmidt said of the Silicon Valley region during a meeting with reporters at the company's headquarters here.
Schmidt specifically said the venture capital community is more sophisticated and that a Northern California start-up can reach scale more easily. "Young … Read more