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US News and World Report: California Dreaming – letter from Silicon Valley

Paul Andrews updates his views on the state of affairs in California’s Silicon Valley.

Jamis MacNiven, proprietor of Buck’s restaurant, a VC watering hole in Woodside, sees nothing but upside ahead. “We still have the smartest people, the best-looking women, and the greatest weather on the planet,” he boasts. Still, valley lore abounds with tales of soccer-dad millionaires with no job. “A lot of venture capitalists are getting extremely good at their golf game,” says MacNiven, who now caters to the folks “who used to dine at Spago’s but don’t dare go to Denny’s.”

Author Paul Andrews also has his own weblog.

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