>" This time the startups not only have a good product; but developed business models, customers and revenue." Chicken or egg? Does this speak to an increased

>" This time the startups not only have a good product; but developed business models, customers and revenue." Chicken or egg? Does this speak to an increased quality in the new batch of startups? (ie. the newest startups are "getting it") Or is it a change in the selection criteria biased towards the things you mention, since it seems to be something that PG is, rightfully, promoting?