LinkedIn co-founder Reid Hoffman says the battle between eBay and activist investor Carl Icahn exemplifies the fundamental difference between the culture of Wall Street and that of Silicon Valley.
He penned a blog post on Wednesday that balked at Icahn's idea of spinning out PayPal from eBay. He said that it appears Icahn doesn't understand Silicon Valley's culture of focusing on long-term growth and instead is just looking for quick returns on Wall Street.
"While PayPal is no longer a startup, it still has massive growth prospects. But to someone who isn't investing in the … Read more