On the West Coast (or at least in Silicon Valley), we tend to live in the future. The present isn’t as interesting to most of us who live here, mostly because that would mean accepting the status quo. Instead, guys like Mark Zuckerberg and Jack Dorsey want to rearrange the world to fit the future they want to live in.

Because of this obsession with the future, we tend to get excited about companies long before they’ve proven their ideas, developed business models or generated revenues (never mind profits). The intellectual energy of a startup or a founder is what gets him/her millions of dollars for virtually nothing. (via When Is a Tech Company Dead?/GigaOM)

It has been eight years since I moved to the Bay Area. Upon re-reading my own post, I realized that is what San Francisco Bay Area is all about!