Startups invest a nearly unquestioned level of trust in successful dotcom entrepreneurs.
I call it the halo effect. Yet the Silicon Valley startup model is not infallible. Notwithstanding all their advantages, startups often make flawed business decisions. One reason that big corporations seem so bureaucratic to the young entrepreneurs in Silicon Valley is that they're relatively cautious making decisions. Over time, a big company builds in layers of risk protection designed to prevent rash decisions from threatening the stability of the company.