From the Silicon Valley Biz Journal writeup on the evening: “Honoree Jurvetson’s successful big venture bets have included Elon Musk’s Tesla and SpaceX, among others.
“In many ways I feel like an imposer on this evening,” he said. “We work for visionaries every day. We invest in people who look towards the future and do incredible things. As investors, the best we can hope for is to be an enthusiast and cheerleader of the right visionary leaders and find the next Steve Jobs or Elon Musk out of thousands and tens of thousands of others.”
Jurvetson said venture investing has changed dramatically since he started doing it 20 years ago. Technology has made great leaps.
“When we started the venture business back then, there were semiconductor companies, software companies and biotech,” he said. “You could invest in other sectors but you would lose all your money, like in automotives. Many tried, they all died. Until Tesla.”
Today, there are many, many areas to invest in successfully, he said. “Cars, rockets, satellites, agriculture companies. Companies are engineering new life forms and chemicals. Everything in the world is becoming an information technology business,” he said.”
SV Forum pre-interview.
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