... I call it Silly Con Alley. My friend Simon Thornton from Los Gatos, San Francisco, is pumping flight capital from insiders who sold their equity during stock-buybacks, and who couldn't find anything else to invest it in apart from Bay Area tech startups with seriously dodgy business plans.
The capital source:
The effect? Well, who wants to live with a bunch of yuppies with bad taste who print their own money?
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