Business Week article: "Is Silicon Valley Losing its Magic?"

Here is a paragraph I copied from last week's Business Week article: 'Is Silicon Valley Losing its Magic?'

'... What really infuriates him [Andy Grove] is the concept of the "exit strategy". That's when leaders of startup companies make plans to sell out to the highest bidder rather than trying to build important companies ove a long period. "Intel never had an exit strategy", he tells me. "These days, people cobble something together. No capital. No technology. They measure eyeballs and sell advertising. Then they get rid of it. You can't build an empire out of this kind of concoction. You don't even try."

Now how true is that???

Here is the podcast version:

http://www.businessweek.com/mediacenter/qt/podcasts/cover_stories/covercast_01_01_09.mp3

and a video