He shares his candid thoughts on why he thinks the venture capital model is broken and delivers a bullish pitch for a $500 Million VC Fund.
On the VC Model and Startups
“I think the venture capital model is fundamentally broken, but for different reasons. It’s not the lack of exits. A series of forces: including open source, the recession - so there’s lots of people available for very low prices and cheaper commercial real estate…You can start a company for a lot less today than ever. Life is good in that sense. ..You really don’t need $2 million to build a prototype…I’m talking about a certain type of company…a web 2.0 content, social network something… I’m not talking about finding a cure for cancer.”
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This week, we take a look at the Fresh Dialogues archives. Last April, I met with the enchanting Pulitzer Prize winning columnist Maureen Dowd. We had an animated conversation during a green-themed morning in downtown San Jose. Over cups of delicious mint tea, we discussed Maureen’s Irish heritageand how that inspires her fiery prose. We also discussed her belief in America’s green future.
In this excerpt, we discuss fellow New York Times Columnist, Tom Friedman (whom she describes as “her office husband”) and his new book, Hot, Flat & Crowded.
“I try to get advice from Tom Friedman who is Mr. Solar around our office. He’s done a new book which is very involved with energy and his whole house is solar designed… I ask him and he’s trying to coach me in how to be more environmentally correct.”
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“This was the first campaign I’ve ever covered where I’d go and watch Hillary and Obama in the primary and they were both competing to come up with a plan for green jobs and for me it’s very exciting because for the eight years that Bush and Cheney were in it felt like we were going backwards in every way. You know we weren’t coming into the 21st Century and we were kinda like the Flintstones – we were just not moving forward. So I love all that.”
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To read the TRANSCRIPT of the full interview click here
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For a full archive of interviews with Tom Friedman, Paul Krugman, Martin Sheen and many others click here
Today, President Obama announced his nominee for Supreme Court to replace Justice Stevens. No surprise to Fresh Dialogues readers: it’s Elena Kagan. So what might she mean for the environment and green tech?
On April 1st, just days before Justice Stevens announced his retirement, I sat down with Jeffrey Toobin to discuss the environmental record of the Supreme Court and the likely pick for Justice Stevens replacement. Toobin didn’t skip a beat: Elena Kagan. In this interview from the Fresh Dialogues archives, Toobin explains why Obama favored Kagan over the other well qualified candidates for the post and speculates about her green credentials.
“She’s former Dean of Harvard Law School (Obama’s alma mater), very much an Obama type person – moderate Democrat, a consensus builder…”
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Is Elena Kagan an environmentalist?
“My sense is that it’s not an issue that has come across her plate a lot…she’s someone who has written on administration law which tends to mean she’s a believer in the power of the Federal Government to regulate.” Jeffrey Toobin
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The interview took place at Dick Henning’s Foothill College Celebrity Forumin Silicon Valley on April 1, 2010. For more Fresh Dialogues interviews with business leaders and experts check out Fresh Dialogues YouTube Channel
For more on Elena Kagan’s green credentials: check out this article at Grist.org
And here is an ARCHIVE of interviews with Paul Krugman, Tom Friedman, KR Sridhar and many others
I caught up with Twitter officianado, Adam Jacksonat SDForum’s Teens Plugged in Conference last year. Since then, he’s founded TweetForMyBiz, a social media consultancy, based in San Francisco.
Moderator at this year’s conference, Mike Cassidy wrote an excellent column in the San Jose Mercury News about how teens embrace fearlessness in Silicon Valley. He writes:
“Tech CEOs have done plenty of hand-wringing about our schools’ declining ability to turn out the thinkers we need to keep innovation robust…The young entrepreneurs at the SDForum conference don’t make those worries go away, but they are a reason to hold onto hope. They are a generation that embraces the optimism, fearlessness and drive that have built Silicon Valley.”
Adam Jackson, who uprooted from Florida to San Francisco to pursue his entrepreneurial dreams as a young teen, is a great example of this fearlessness.
In this interview from the Fresh Dialogues archives, Adam talks about how to become a green influencer.
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“If you have an idea to be more green, help the earth, then go for it, and try it out. See what happens and talk about it. That’s how you become an influencer, that’s how you become an expert. It’s not by re-quoting other people’s things. Or by trying to figure it out, maybe dabbling in it. You just have to jump head first.”
