Investing in industries and technology for the 21st century generates high-skilled high-wage jobs for industries of the future.
If we invest in researching and developing energy technology we'll do some real good in the long run rather than just making ourselves feel good today. But climate change is not the only challenge of the 21st century and for many other global problems we have low-cost durable solutions.
Our industry has invested so much money in technology that perhaps it's time to invest in talent in people.
I love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator or as an investor or a board member I just find that hugely satisfying.
The over-all point is that new technology will not necessarily replace old technology but it will date it. By definition. Eventually it will replace it. But it's like people who had black-and-white TVs when color came out. They eventually decided whether or not the new technology was worth the investment.
Like everybody I have invested in things that have gone bad because there's never any guarantee of success or profit when it comes to money.
You know I start with the assumption that -or with with the belief that this president has to succeed. We all have an enormous amount of capital invested in his success. His success is the country's success.
I get curious about new things. My real strength is going into a field that has not been investigated before and finding new approaches to it.
The tax on capital gains directly affects investment decisions the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital and thereby the strength and potential for growth in the economy.
Through their own actions customers can hold companies responsible to higher standards of social responsibility. Through collective action they can leverage their dollars to combat the force of those investors who myopically pursue profits at the expense of the rest of society.