This post is trying to say be a part of history in a significant way. But in reality your Lolcats/Facebook/Whatever wannabe site isnt important in the least. Th

This post is trying to say be a part of history in a significant way. But in reality your Lolcats/Facebook/Whatever wannabe site isnt important in the least. The only part of history that the people in SV startup land will become is the part of history where investors were throwing money at companies that had ideas with no products or execution or strategy for making money at all. We'll end up as the part of history that's remembered for I justified valuations, hype, and a huge busted bubble that ruins everything for the few companies that actually are worth funding. Most of the new trendy startups I've seen can be run on $50,000 a year max and I'm being generous. All you need is a server and some code, not a billion dollar valuation for a CRUD web app. Very few startups are destined to be great or even decent. Very, very few. It's a shame that so many are getting so much hype without justification these days.