The Valley conditions you to think startups either fail, get acquired up into one of the big players, or IPO itself. Everyone glosses over the idea of a company

The Valley conditions you to think startups either fail, get acquired up into one of the big players, or IPO itself. Everyone glosses over the idea of a company just being a going concern and making money. You continue to collect a salary, and your stock never sees a liquidity event. SurveyMonkey will probably do well, but IPO? Only if they can convince some Wall Street types that they can cook the books in a Groupon type arrangement.