I'm at SFO on my way back to Tokyo. It definitely feels like Silicon Valley is "waking up" again. Hopefully, we've learned from our mistakes and the "recovery" will be a better managed one. See you again from Japan.

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Other than the Google IPO, may I ask what else you feel characterizes the apparent "awakening", down in the South Bay?

Mike, a lot of it is the mood. Also, companies are clearly having an easier time getting funded by angel investors and VCs. People are talking about starting companies a lot more too...

I think rather than "awakening" it's more like when your alarm clock goes off in the morning and you groan and swat it to make it shut up for 10 more minutes. The Silicon Valley is drowsing.

But it's not completely recovered. As evidence I offer the fact that we're on the verge of losing our Major League Soccer team. If the Silicon Valley were really awake, we'd have enough tax dollars for one of the municipalities to build a new stadium, and enough millionaires that one or more of them might invest in the team.

But eventually it will come back. We just need a new technology to drive the next boom.

Thanks for the reply. Sounds good. I'm optimistic too.

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