Esther Dyson Sees a Lot of Silicon Valley as Just Motivated to Make Money
(p. C11) The U.S. Commerce Department recently said that it plans to relinquish its oversight of Icann, handing that task to an international body of some kind. The details are still being worked out, but Ms. Dyson hopes that governments won't be the new regulators. . . .
For now, she thinks there are many Silicon Valley Internet companies with inflated market values. "There is the desire to make money that motivates a lot of that in Silicon Valley, and yes, I think it's totally a bubble," she says. "It's not like the last bubble in that there are a lot of real companies there [now], but there are a lot of unreal companies and...many of them will disappear." She thinks too many people are starting similar companies. "You have people being CEOs of teeny little things who would be much better as marketing managers of someone else's company," she says.
And though her work often takes her to California, she's happy to stay in New York. These days, she finds Silicon Valley "very fashionable," she says, "and I don't really like fashion."
For the full interview, see:
ALEXANDRA WOLFE, interviewer. "WEEKEND CONFIDENTIAL; Esther Dyson's Healthy Investments; The investor is hoping to produce better health through technology with a new nonprofit." The Wall Street Journal (Sat., May 3, 2014): C11.
(Note: first ellipsis added; second ellipsis in original.)
(Note: the online version of the interview has the date May 2, 2014, and has the title "WEEKEND CONFIDENTIAL; Esther Dyson's Healthy Investments; The investor is hoping to produce better health through technology with a new nonprofit.")