Facebook's (FB) IPO marks the end of Silicon Valley's golden age, laments Berkeley/Stanford...

|About: Facebook (FB)|By:, SA News Editor

Facebook's (FB) IPO marks the end of Silicon Valley's golden age, laments Berkeley/Stanford prof. Steve Blank. His argument: with Facebook and other social media/mobile plays delivering huge returns in a short amount of time, VCs now have little interest in funding companies tackling major science and technology challenges that have a longer payoff. Only Google (GOOG - previous) and Tesla's (TSLA) Elon Musk seem up to the task.