"But today, it is the very rare Internet software deal that has meaningful technology risk" This statement embodies what I think is wrong with the SV climate t

"But today, it is the very rare Internet software deal that has meaningful technology risk" This statement embodies what I think is wrong with the SV climate today. You seem to have money actively shunning technological risk which usually is directly coupled to technological progress. While Id certainly agree that their is some money to be made on the current infrastructure Im pretty pessimistic that the next actual big thing (atleast in the internet space) will come out of the current VC ecosystem. Ok Ill get out of my armchair now.