Mattijs Naus

For the past weeks, Silicon Valley did what they do best: stick their heads in the dirt and flat-out deny that hard times are ahead.

The fact that there were no IPO’s at alll in the second quarter didn’t seem relevant, and neither did the fact that M&A deals hit a record low. People seemed oblivious to fact that these are the only ways Venture firms make their money; and since making money is the only reason they invest in world-changing innovative ideas (Youtube for documents, Twitter for the homeless, etc), well … I guess you feel where this is going!

Thank God, innovation evangalist Arrington finally breaks it down for all the innovaters living in the parallel universe that is the Valley: shit is hitting the fan and some splatters are definitely coming your way.

To be honest, I have been waiting for shit to fly into the direction of the valley for a long time. The huge pool of money burning, utterly useless, ad-supported me-too startups is in desperate need of some natural selection and a reality check. For those of us who are are living in parts of the world where universal laws do apply; get your popcorn, open up a beer, feet on the table and enjoy! For those of you living in the Valley and working on the next Google-killer, keep your eyes on the horizon and be on the lookout for shit coming your way!