[JacobH]

I try not to buy too much into what he says. What he says is usually too philosophical, so the reader is making their own sense of what he says and gives him credit. He is almost a dictator the power people give him.

He actually went as far as to tell investors beware of investors not from the valley. So people don't steal in the valley as they do anywhere else?

[wpietri]

Regarding the last bit, it's not terrible advice. One of the big differences between Silicon Valley and elsewhere is that there's a much bigger focus on positive-sum activities here. (That's in contrast with Wall Street, which has a zero-sum focus, or places like Florida, where it shades negative-sum.) It's a useful attitude when you're trying to create monster new businesses from scratch, because it's much easier to disrupt an industry or create a new one if you're creating massive value.

Google's a great example of that. They have made the world enormously better, and profited greatly thereby. Their profit is a small fraction of the value they've created. And that's why they won. Their competitors got greedy, and wanted a much bigger share of the total value created.