Walmart's e-commerce binge is one big Silicon Valley bailout

© Gary Arbach | Dreamstime.com - Walmart Supercenter

Utterly absorbing, and superbly written, post on LinkedIn from a Silicon Valley tech entrepreneur about how few e-commerce start-ups are actually any good. Amazon, of course, is amazing – but we all knew that already. But for every Amazon, there are 100 duds, some of which have managed to raise millions of dollars to develop products that simply aren’t very good, and few have managed to turn a profit. Neither of these realities, however, have stopped retail behemoth Wal-mart from spending ...