Silicon Valley loves an underdog. That’s partly because such tales feed the industry’s self-mythologizing and the IPO culture that attracts fresh money and new investors. To be honest, IT can boast more than its fair share of such successes: Hewlett and Packard, Jobs and Wozniak, and Page and Brin all helped make the industry what it is today and, in turn, inspired a Gold Rush mentality of remarkable durability. However, mythic underdogs also serve as distractions from another truth.
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IDF2013: Intel's Evolution Hugs the Inside Track
Posted by: Charles King September 30, 2013 05:00 AMSilicon Valley loves an underdog. That’s partly because such tales feed the industry’s self-mythologizing and the IPO culture that attracts fresh money and new investors. To be honest, IT can boast more than its fair share of such successes: Hewlett and Packard, Jobs and Wozniak, and Page and Brin all helped make the industry what it is today and, in turn, inspired a Gold Rush mentality of remarkable durability. However, mythic underdogs also serve as distractions from another truth.