Ask your friends how many stars will be in the U.S. flag in 50 years? And the reason why that's a reasonable question is because there has never been a President of the United States who's been buried under the same flag he was born under.
Juan EnriquezVenture 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 EnriquezOne of the lessons that I hope people will take out is the extreme dependence simply on the financial sector is really dangerous.
Juan EnriquezBorlaug would be one figure that I think fundamentally changed India, China, all of Southeast Asia, and gave them the time to be able to build on other things.
Juan EnriquezIt 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.
Juan EnriquezThere'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.
Juan Enriquez