A Splendid Quote by Marc Pincus about the current valley status: ‘‘I’d say we’re happy the boom busted, that the majority of M.B.A. carpetbaggers went B2B and B2C’’ – back, that is, to banking and consulting. ‘‘We’re now left with real entrepreneurs who will continue to make bold bets, sometimes right and more often wrong, having a ton of fun in the process – especially when they’re right.’’

Have you ever wondered why X and O are used in the popular game Tic-Tac-Toe ? Why not use a , b for the game ? If one looks at the english alpabets , one can fit an alphabet in 5 by 5 squares with each dark square as 1 and white square as 0, then what we have done essentially is to represent each alphabet in a 25 dimensional space.

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Here are some facts about the Indian IT Industry : Revenue from the export of software and from services : $17.2 billion (2004-2005 ) Growth: 34.5 percent over the previous year’s revenue of $12.8 billion. Revenue split : Of the $17.2 billion, $5.2 billion = call centers and business process outsourcing services $12 billion = software and other services. $ 3 billion = Revenue from product development and R&D services

From MIT : Nanotechnology research and development funding almost doubled to more than $10 billion in 2004 from the previous year. Most of the increase was driven by a big jump in corporate and private funding, which grew by 160 percent, while government and academic research outlays on nanotech R&D increased by a vigorous, but less outstanding, 37 percent. Japan led the way, with expenditures approaching $4 billion; the United States, however, was not far behind, with spending of about $3.