tech 2.0 is coming, the question is where. As dysfunctional as SV is, it is at least possible to raise risk capital in the US. Foreign startups still come to the US for capital. Hard to see this changing - the US for its culture wars is very adaptable and can reconfigure everything in a generation
> Foreign startups still come to the US for capital.
Not only that, but foreign capital also flows to the U.S. for higher returns. This is why all the scare-mongering about the trade deficit is yet more economic illiteracy. Every trade deficit is really an investment surplus, and the kind of investment surplus the U.S. is running can be surprisingly beneficial in the longer run.
