"But if big companies aren’t being built because of this small thinking, we’ll all suffer sooner or later. " This assumes that SV has only web and software sta

"But if big companies aren’t being built because of this small thinking, we’ll all suffer sooner or later. " This assumes that SV has only web and software startups. Certain kinds of companies (biotech, telecom, etc.) do need VC, and these companies are built to IPO. That won't change.