The really basic stuff that fuels 30-year job booms almost always comes from government research, stuff like biotech, the transistor, the Internet. The idea that private capital can handle the early spade work is a joke.
I'd love to build a company that will continue to make movies well beyond me someday. And I'd like to help start something great, even investing in it myself.
Over the past 10 years, the majority of value creation in the venture community has been in consumer Internet.
It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings
Washington has got to, across the board, lower taxes for small businesses so that our mom and pops can reinvest and hire people, so that our businesses can thrive.
We took a plant that was being closed by a big company thinking there was no good use for it, and we came in with a different perspective. We bought some used equipment, as simple as we could.
A manufacturing resurgence is what will give local communities and small towns across America a fighting chance for survival. Many of today's American entrepreneurs come from those very places but make their wealth elsewhere. We need to change that.
First of all, in terms of investment in Internet-related developments, venture capitalists - once burned - are now very cautious and are investing in areas that actually make business sense.
Reforming the way the state works with businesses and providing incentives for employers will help preserve and create new jobs in Massachusetts.
I have personally invested in a company created by Rohit Khattar - Cinestaan Film Company. But that's what I do personally.
Businessmen should not put their finger in politics, because they tend to think only of their own self-interest. But I worry about the low morale in Italian industry and the lack of government initiatives to help the poor.
Sometimes you buy the horse, sometimes you invest in the jockey. It really comes down to the actual business and the upside.
