They're right. Silicon Valley has become enamored with the overnight success, which is usually attributable to fashion rather than innovation. Real innovation o

They're right. Silicon Valley has become enamored with the overnight success, which is usually attributable to fashion rather than innovation. Real innovation often takes a long time to catch on, since by definition it goes against conventional wisdom. VCs don't want to get rich slowly, and entrepreneurs are following their lead in chasing hockey-stick growth curves, which are a lot easier to come by in fashion than they are in technology.