Slots, Subprime, Startups

“People with money are going to figure out ways to invest their money to make more money. If you look at finance, like when credit-default swaps were huge, right, everyone was investing in that. And when subprime was huge, people were investing in that. Now, it’s Silicon Valley. It’s like Vegas. The excitement of winning far exceeds the downside of losing.” — Jordan Metzner, co-founder of Washio in New York magazine.

Pretty much sums up the mindset of many in Silicon Valley!