Quora Investor Peter Thiel: “The Samwers Are Never Going To Clone Quora,”

There's been a lot of armchair valuation punditry across the Valley this week. As the Facebook IPO looms, our intricately entwined ecosystem of startups and investors seeks to benefit from the domino effect of a population feeling flush with cash. This is the picture that the WSJ painted in its Quora funding announcement yesterday, headline: "Former Facebook Hands Capitalize on Buzz." Okay, sure, smart people will always adapt to a favorable environment -- but the WSJ missed a deeper and more long-term dynamic at play.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Tm0tjKNWkB8/

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