A lot of unicorn fillies seriously try to base their model around doing as little as possible, as flashy as possible, with as little expense as possible.
On paper, that is a great idea, everyone should do it, viva la venture capital, etc. In reality, it isn't shareholder value you need to provide: it is customer value. If you are not a valuable product or service to your customers, you have no shareholder value.
A lot of silicon valley venture capitalists forget that very important distinction, and we are well on our way to Dot Bomb 2.0, repeating the late 90s clusterfuck that made a few billion dollars vanish overnight.
To tie this into the "advanced economy" theme, an advanced economy doesn't inflate bubbles. America still inflates bubbles: we aren't as advanced as we think we are, but we are improving.
I see a big crash. So big, rents will drop in the Bay Area--big time!
I guess homeless shelters/programs won't be controversial? I really cringe when I think about the future.
(I'm kinda just kidding, but some of these companies just look like they are trying to spend what's left of the funding on advertising? Don't get me wrong EBay needs competition, and dating services need competition, but don't do it in a cute way? Just offer a good product. Low fees, and honesty. Get rid of the MBA's. Get rid of the Designers, at least the one's who are just copying a TED presentation?)