10 years ago
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Half Of Silicon Valley Startups Are 'Silly', Says Bill Gates
Half of Silicon Valley start-ups are “silly” and the price paid by Facebook for WhatsApp was “higher than I would have expected”, says Microsoft co-founder Bill Gates. “Innovation in California is at its absolute peak right now. Sure, half of the companies are silly, and you know two-thirds of them are going to go bankrupt, but the dozen or so ideas that emerge out of that are going to be really important,” he said in an interview with Rolling Stone.
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