After Microsoft Deal, Yammer Chief Issues Gloomy Forecast for Silicon Valley’s Start-Ups

Mr. Andreessen, who sits on the boards of Hewlett-Packard and eBay, also had plenty of criticism for Mr. Sacks’s big incumbents, pointing out that first, there are only a “few competent incumbents.” Many, he argued, are prone to the pitfalls of incumbency, including placing a higher priority on “stability over change” and losing talent to nimble young start-ups.

(Curated by Dennis Moore. Read the complete article here)

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