This gorgeous financial myopia was common in the Valley, and one of the chief sources of its success.
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In Michael Lewis's "The New New Thing: A Silicon Valley Story," the author discusses a prevalent mindset in Silicon Valley characterized by financial myopia. This short-sightedness, where individuals focus on immediate success rather than long-term sustainability, has played a significant role in the region's rapid growth and innovation. It emphasizes the belief that quick gains can lead to greater achievements without considering the potential risks involved.
This approach to business reflects...
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