Zitat des Tages von Jose Ferreira:
Venture capital today is clustered in just a few locations - Silicon Valley, New York, Boston, and D.C. It's far from efficiently distributed and accessible.
Education has always produced an incredible amount of data; that's always been obvious to me. But technology had to catch up.
The factory model of education is a gargantuan bureaucracy. Some kids are good fits - I wasn't. The system gives you bad grades and tells you you're stupid. You don't think, 'If this kid's not a good fit, it could be the system's fault.'
Education is among the most important problems we face because it's the ultimate 'gateway' problem. That is, it drives virtually every global problem that we face as a species. But there's a flip-side: if we can fix education, then we'll dramatically improve the other problems, too.
If your business had no risk, you could go get a bank loan and call it a day. VCs like risks - without them, venture capital wouldn't exist. But they need to be risks that VCs are good at assessing and managing.
Venture capitalists buy minority positions in young companies they think will grow quickly; buy-out investors buy most or all of companies they think can be turned around by fixing a few basic things.
Anyone who sincerely wanted to use policy to reduce illegal immigration should start by crafting legislation based on changing actual behavior.
Google's real threat to China is not that it will leave the country. It's that it will embarrass China and damage its national reputation as a place to do business.
The best programmers and internet entrepreneurs are in the Bay Area. Don't kid yourself about that, not even for a second.
It's not enough to have a value-adding product in a big market. You also need the right conditions. Will you be able to scale revenues within a 5-10 year time frame? Is the timing right? YouTube wouldn't have worked pre-broadband.
If I had to give one piece of advice to a budding entrepreneur, I would say: 'Aim big.'