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ETC: Mike Moritz is Worried about the US

Michael Moritz, a general partner at Sequoia Capital, and one of the most famous venture capitalists in the world, is chatting with Michelle Caruso-Cabrera, an anchor at CNBC, about the dynamism of China and India. He is smitten with the...
Thursday, September 29, 2005

Michael Moritz, a general partner at Sequoia Capital, and one of the most famous venture capitalists in the world, is chatting with Michelle Caruso-Cabrera, an anchor at CNBC, about the dynamism of China and India. He is smitten with the entrepreneurial vigor of East and South Asian technologists. By contrast, he likens the United States to the sclerotic Great Britain of his youth (Moritz is Welsh) - that is, a country that is simultaneously lazy, complacent, over-extended, and poorly structured to create new technologies and businesses. He is alarming the audience here at ETC: I just heard him talk about "inevitable decline."

Comments

  • irony watch
    Guest (anonymous) on 12/21/2005 at 12:43 PM
    Posts:
    1

    On another topic: nice job on the &quotfrom the editor&quot in the recent hard-copy of Technology Review.

    Was it ironic that this coincided with the cover piece titled &quotThe Internet Is Broken&quot?
    Rate this comment: 12345
  • irony watch
    Guest (anonymous) on 12/21/2005 at 12:43 PM
    Posts:
    1

    On another topic: nice job on the &quotfrom the editor&quot in the recent hard-copy of Technology Review.

    Was it ironic that this coincided with the cover piece titled &quotThe Internet Is Broken&quot?
    Rate this comment: 12345
  • http://www.shandao-cn.net
    Guest (??? ) on 07/20/2006 at 12:00 AM
    Posts:
    1
    ??? ?? ?? ????? ?????? ???? ??????
    Rate this comment: 12345
  • Mike Moritz is Worried about the US
    Guest (RK Murthy) on 08/03/2006 at 12:00 AM
    Posts:
    1
    the dynamism of China and India. He "is smitten with the entrepreneurial vigor of East and South Asian technologists"  As far as India is concerned, the so called "entrepreneurial vigor" is currently driven by material interest of more money and more money! It is only question of time that everything that is seen glamorous in this field will turn  lousy with people who are lazy, complacent, over-etended and poorly structured as in US.  Already the young working hands are driven to the edge of their physical ability! How long the "money" will attract? 
    Rate this comment: 12345

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