Silicone Valley has gone through various business cycles. After every cycle, the Silicon Valley has come out stronger. This area continues to be the center of innovation. Over the decades the developed ecosystem is so unique that the model of new business is becoming sector agnostic. I believe that in today’s economy, new business models provide better IRR than new technology. Silicon Valley players not only understand new technologies but they are also willing to bet on new business models, even if they sounds crazy to invest in. I continue to believe that Silicon Valley can become a global broker for innovation of technology and business models. It is interesting to read an interview of Vinod Khosla who is  a visionary and a savvy investor in new trends.