As a native, I couldn't agree more. I've witnessed a transition from heavy hardware-based long-haul investment thinking to short-term low risk internet investme

As a native, I couldn't agree more. I've witnessed a transition from heavy hardware-based long-haul investment thinking to short-term low risk internet investment. Sure this is totally logical, but the hive mind of VCs who follow every buzz word (social -> big data, etc) is pathetic. These VCs should be the most creative, ahead of the curve investers in the world. Instead they're more often followers excited to be on the cutting edge, but too risk-averse to invest in anything meaningful. It's like another iteration of the quarterly-oriented corporate mindset. Sad. All the hardware is moving to East Asia...