First of all, in terms of investment in Internet-related developments, venture capitalists - once burned - are now very cautious and are investing in areas that actually make business sense.
“You see, another reason for nationalization was that private ownership meant fragmentation.”
“That is the great mistake about the affections. It is not the rise and fall of empires, the birth and death of kings, or the marching of armies that move them most. When they answer from their depths, it is to the domestic joys and tragedies of life.”