2021-11-11
45 分钟The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good for society, or does it just help the rich get richer? Stephen Dubner invests the time to find out.
I was 16 in India when I heard about, in fact read in a two year old magazine that I used to rent.
Once they were old, they came to India and you could rent them for the weekend.
That Andy Grove, a hungarian immigrant, had come to Silicon Valley and started intel.
So that became a dream for me.
If that immigrant can do it, why can't I?
But didn't you start a soy milk company in Delhi?
I did try and start a soy milk company.
I never got it started.
There was never any funding available.
There wasn't an entrepreneurial culture there.
And I still remember vividly, I called the phone company and they said, seven years to get a phone line.
I said, I'm coming to Silicon Valley.
Bets Vinod Khosla.
He did come to Silicon Valley and in 1982 he co founded the technology firm Sun Microsystems.
Today he runs one of the biggest venture capital firms in the US and therefore one of the biggest VC firms in the world.
It's called Khosla Ventures.
Since 2004, it has invested in nearly 1000 startup companies.
Khosla often invests in little more than an idea.
Pat Brown was a professor at Stainford and he came to us and said, I want to change animal husbandry on the planet.
That was his entire pitch.