This article got a lot of things right and a lot of things wrong, and I'm saying that as someone who did work for Cisco, then a YC startup, and is now working f

This article got a lot of things right and a lot of things wrong, and I'm saying that as someone who did work for Cisco, then a YC startup, and is now working for Google. I think one of the fundamental differences in culture between the "old" and "new" is that the older businesses think about BUSINESS first and technology is the tool to thrive in that business, whether it's enterprise software of networking infrastructure. Where as many newer companies think about the PRODUCT first and business is merely a tool to prop up valuation and gather more resources to work on "cooler" products. Of course young engineers are more interested in products than businesses. How long can these companies last? I am not sure. Facebook will probably never make as much profit as Cisco but they are already valued at almost twice as much. But none of it matter until media hype and capital keeps flowing into the startup scene here in Silicon Valley. At least until the bubble bursts. I love Silicon Valley, but I'd hate for this place to turn into "app valley".