Reminds me of something I heard Buffet say once in an interview with (I think it was) Maria Bartiromo: On Wall St we get the innovators then the imitators and t

Reminds me of something I heard Buffet say once in an interview with (I think it was) Maria Bartiromo: On Wall St we get the innovators then the imitators and then the swarming incompetents. I think it's really this applied to the Valley - and I think what you're seeing is people who don't have tech chops, but they've seen what tech success brings and they want that, so they have to sell something else and in this case it's charm, good looks or good taste in shoes.