Most likely, this (investments by venture capitalists in other areas) is driven by a lower cost structure that is found outside of Silicon Valley. This (Silicon Valley) is a high-priced area to start a business.

Some areas could hit the freezing mark for an hour or so. Maybe a degree lower.

Venture capitalists are like lemmings jumping on the software bandwagon.

I think what you're going to see going forward is that public investors and also venture capitalists and the whole chain of investors are going to be much more discriminating in their investments,

A lot of venture capitalists would have pulled out then. Damon rolled the dice again.

South Florida is a terrifically rich pool that venture capitalists have not yet found the best formula for monetizing. I think Scripps will be a real focal point that will attract talent and act as a huge catalyst.