Daily Archives: August 21, 2012

Is Silicon Valley drying up? David O Sacks, founder and CEO of enterprise social network service Yammer, certainly seems to think so. Others, like Marc Andreessen, disagree. That makes for a lively debate, and it is taking place on perhaps the most apt forum of all – Facebook, writes Vinjeru Mkandawire and Robin Kwong.

“I think Silicon Valley as we know it may be coming to an end,” wrote Sacks on his Facebook page over the weekend, just before the social networking site’s shares sank to half its initial offering price.