The latest post on ‘ReadWrite’ is titled “A Trillion-Dollar Transfer Of Wealth Is About To Hit Silicon Valley”.

Dan Lyons says, “I was having a drink in San Francisco with Sanu Desai, a longtime Silicon Valley investment banker whose track record includes helping Amazon go public back in 1997. We were talking about how attention has been shifting away from business-to-consumer companies and back toward the business-to-business sector, when Desai said something startling: “We’re about to see a trillion-dollar transfer of wealth in Silicon Valley,” he said. “We’re still in the very early days of this.”

What he means is that if you add up the market valuation of the old-guard companies selling to the enterprise — Oracle, SAP, Microsoft, Cisco and so on — you’re looking at about $1 trillion in total”.

A Trillion-Dollar Transfer Of Wealth Is About To Hit Silicon Valley

ReadWrite

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