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...political future, met privately last week in New York City with a group of high-rolling Democrats and told them he was seriously considering a run for the White House, sources tell TIME. Lunching with about 15 Democratic donors and fund raisers at the Park Avenue offices of venture capitalist Alan Patricof, a strong Gore backer in '00 who is neutral so far for '04, Clark laid out his credentials and his differences with George W. Bush. A Rhodes scholar who fought in Vietnam and served as Supreme Allied Commander in Europe from 1997 to 2000, Clark said...

Author: /time Magazine | Title: A General For The Democrats? | 11/25/2002 | See Source »

...that I have any idea what I'm talking about. "The thing is, we really don't understand what accountants are doing," says Zachary Coffin, an accountant turned venture capitalist. "People just think they wear green eyeshades and run numbers all day." I can say unequivocally that in my four days at the congress there were no green eyeshades and little running of any kind, except when they unveiled the sushi buffet at the opening reception. I still have the bruises...

Author: /time Magazine | Title: I Never Felt So Handsome | 11/25/2002 | See Source »

...former Chinese leader and Communist Party chief Deng Xiaoping like University President Lawrence H. Summers? It’s not their occasional strongman tactics or sprawling empires that join these two men. Rather, it’s that they both want to get rich, and in a capitalist...

Author: By Jonathan H. Esensten, | Title: Larry Says: Let’s Get Rich | 11/21/2002 | See Source »

Indeed, Harvard had a capitalist conference of its own two weeks ago, held in the Science Center, our very own Great Hall of the People. In the beginning of a re-education campaign worthy of Deng, the University put on a “Start-Up Workshop” to educate Harvard scientists in the art of making companies that make money for the University. Deng’s greatest contribution to Chinese Communism was the directive that “to get rich is glorious.” Now Summers is bringing a new entrepreneurial spirit to a Harvard...

Author: By Jonathan H. Esensten, | Title: Larry Says: Let’s Get Rich | 11/21/2002 | See Source »

...audience did not have to wait long to hear them. In a panel discussion that included, among others, a Harvard Medical School professor and a venture capitalist, the participants spoke of the difficulty of straddling the academic and corporate worlds. Usually, being heavily involved with a start-up company means leaving academia. Even academics who hand off their work to corporations without getting involved in running a company face ethical issues. For example, academics may choose to withhold certain discoveries from their academic competitors if they need to get a patent first. The potential for a serious conflict of interest...

Author: By Jonathan H. Esensten, | Title: Larry Says: Let’s Get Rich | 11/21/2002 | See Source »

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