We have to be open to the modest return, small business dot coms. A company of say, 20 people, each making about 150k or so and being completely satisfied with the state of things.

I think there's a culture of expecting reasonable businesses to seek unreasonable goals.

Until the valley can move from "always dream big" to "well sometimes, just plan sensibly", it will be perpetually unstable.

I remember a strip mall across from a corporate office park. Every couple months, a new .com would go in and another would go out of business, but in the strip mall the same places had been there for 20 years. The web isn't going anywhere, there's nothing wrong with providing for the long term.