Venture capital is about .02% of the U.S. economy invested, and it accounts for 11% of total U.S. jobs and 21% of U.S. economic output. And the reason why is because these companies can get very big, very quickly.
Juan EnriquezIt's not completely inconceivable that someday you'll be able to download your own memories.
Juan EnriquezThe thing that's really important to understand is, the last thing an empire traditionally does is drive itself into bankruptcy. You've seen that with the great empires.
Juan EnriquezThe Americas has been a relatively stable continent. The last truly new border we have is Panama in 1903.
Juan EnriquezThose of us of a certain age grew up expecting that by now we would have Rosie the Robot from 'The Jetsons' in our house. And all we've got is a Roomba.
Juan EnriquezIf you depend on a single industry, if you don't continuously upgrade it, if that industry is not producing real wealth, if it's simply shuffling paper from here to here in a very efficient manner sometimes, that's not enough and that's not where you begin to get the rest of your jobs.
Juan Enriquez