In some ways this was similar to the way in which Ushahidi, a non-profit website, gathers information in situations such as the earthquake in Haiti and the terrorist bombings in Mumbai.

ECONOMIST: Monitor

In some ways, this is a totally barmy way for a bank to behave: the banks are borrowing at 1% from the ECB and then lending the money back to the ECB at 0.25%.

BBC: Which are the eurozone's zombie banks?

In some ways, the Valley is set up to support this way of thinking.

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