It is important that New York, in addition to its fashion, and finance, and tourism, and communications infrastructure, also begin developing venture infrastructure that's for real.

There's always a question when you invest. Are you too early, are you too late, or are you just right? And there was a lot of hype about life sciences, around the sequencing of the human genome and a lot of people concluded that's not really there. But by the way, there was a lot of hype around the digital revolution just about the time of 2000 and the human genome, and it turns out that some of the world's biggest, most powerful companies are the survivors post that crash.

It's not completely inconceivable that someday you'll be able to download your own memories.

We're beginning to enter an era where it gets really cheap and really fast to begin to do things like make fuels, and make textiles, and make extra teeth for ourselves. And we're beginning to think about how we regrow our bladders.

It's actually very hard to find an area of the economy that doesn't fundamentally change in the measure that we are able to read and write life code.

There is a massive ecosystem that has to get built that looks like a biosphere. And the various parts of that biosphere better be there.

Not only are we reading life code, we're beginning to copy it through cloning, and we're beginning to write, and in the measure that we do that, boy, you can build a lot of very powerful companies in a short period of time.