• TechCrunch, Friday, September 18, 2009 1:31 PM

What's the common thread among the current field of technology and media startups? No chutzpah (to put it politely), according to a consensus of experts in attendance for the TechCrunch50 conference this week.

"There were too many people building safe businesses, too many companies just trying to make existing things slightly better, and too many people wanting to be the next Mint.com, not the next Google." Mint, of course, is the money management tools provider that just sold -- hastily, some would argue -- to rival Intuit for $170 million. "Nothing against Mint, but Silicon Valley wasn't built on $170 million exits."

Read the whole story at TechCrunch »