When the narrative of "the next big thing will look initially like a toy"[0] is the investment thesis, then you're probably going to get a lot of companies that

When the narrative of "the next big thing will look initially like a toy"[0] is the investment thesis, then you're probably going to get a lot of companies that look like toys. [0] - https://gigaom.com/2014/08/07/making-fun-of-silicon-valley-is-easy-but-the-next-big-thing-always-looks-like-a-toy/ https://gigaom.com/2014/08/07/making-fun-of-silicon-valley-i...