In The Hills Above

Venture capitalists expect some of the businesses they support to fail; if that never happens, they aren’t taking enough risks. Similarly, a government program aimed at advancing technology is bound to end up with some lemons; if it doesn’t, it’s not extending the frontier.

–Paul Krugman

Silicon Valley is not an especially friendly place, but I wouldn’t want to live anywhere else. Spectacular weather and scenery. Talent is everywhere.