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AUG 08, 2013 - ReadWriteWeb

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The Next Trillion Dollars: Join Us For ReadWriteMix With Keith Rabois

In Silicon Valley, it seems like a dozen startups get funded by venture capitalists every day. Yet the hard truth of numbers is that most of the billions poured into the sector are wasted, providing precious little financial return. Keith Rabois of Khosla Ventures, one of the smartest (and most complicated) tech investors I know, once pointed out to me that the tech sector as a whole has created more than a trillion dollars in value over the past decade. Yet that value creation is incredibly concentrated. Nearly two-thirds of the increase reaped by investors and employees comes from Apple ... Read More

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