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 EnriquezThere is a massive ecosystem that has to get built that looks like a biosphere. And the various parts of that biosphere better be there.
Juan EnriquezOne of the lessons that I hope people will take out is the extreme dependence simply on the financial sector is really dangerous.
Juan EnriquezIf you had a front row seat at the Renaissance, you would have seen Machiavelli come by plotting, and you would have seen murders in the streets, you would have seen violence, you have seen people burning books and it would have looked like the world was a horrible place, but that's where all these incredible stuff we're still living with comes out of.
Juan Enriquez