Peter Tell: Silicon Valley is going downhill. Now its a collective crazily.

category:Internet click:302
 Peter Tell: Silicon Valley is going downhill. Now its a collective crazily.


Netease Technologies News Nov. 2, according to CNBC. com, Peter Thiel, founder of De Fongjie Investment Fund, a well-known U.S. investment institution and known as the Godfather of Silicon Valley Venture Capital, said that Silicon Valley is on the decline and that there will be no more breakthrough consumer Internet companies in Silicon Valley.

He said: For 25 years, consumer Internet has been an important area of the technology industry, playing a leading role in other areas, but consumer Internet may not have as many major breakthroughs as before. All the great ideas have been tried.

On Thursday, the United States made the remarks at the DealBook conference hosted by the New York Times. Given Tells background, his comments about the drying up of consumer Internet creativity have attracted widespread attention: he was initially renowned as co-founder and CEO of PayPal, a well-known payment service, but most of his wealth was earned as an early investor in Facebook. Earlier this year, tyre moved his home from San Francisco bay to Losangeles. In September, he moved the headquarters of his venture capital firm Mithril Capital from San Francisco to Austin, Texas. There is a feeling that the net effect of making Silicon Valley better is gone forever, he said. What Silicon Valley is showing at present is not group wisdom, but a group of madness. (Liu Chun) source: NetEase science and technology report editor: Wang Fengzhi _NT2541

On Thursday, the United States made the remarks at the DealBook conference hosted by the New York Times. Given Tells background, his comments about the drying up of consumer Internet creativity have attracted widespread attention: he was initially renowned as co-founder and CEO of PayPal, a well-known payment service, but most of his wealth was earned as an early investor in Facebook.

Earlier this year, tyre moved his home from San Francisco bay to Losangeles. In September, he moved the headquarters of his venture capital firm Mithril Capital from San Francisco to Austin, Texas.

There is a feeling that the net effect of making Silicon Valley better is gone forever, he said. What Silicon Valley is showing at present is not group wisdom, but a group of madness. (Liu Chun)