Word: rieschel
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Dates: during 2000-2009
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...RIESCHEL: We looked at five sites and passed on everything. In '99 everyone got in trouble when maybe 17 companies were all trying to sell pet food online. At Mobius, now if we identify more than four venture-backed start-ups in a sector, we won't bite. There are at least 14 social-networking sites...
...RIESCHEL: On the other hand, you can't take for granted that the next round of technological leadership is going to come from the United States. Intel is one of our strongest companies, but other than that, semiconductor manufacturing pretty much now resides outside the United States. In terms of manufacturing complex products, the new Chinese companies have a leadership stake...
...RIESCHEL: A lot of investment overseas is based on technology that is way ahead of the laptops or desktops that we use. I don't travel with a laptop anymore. My shoulder is two inches lower than the other one after 15 years of traveling with it, but it is not necessary anymore. I carry a device made by Danger that has e-mail, a keyboard, phone, camera, calendar, games and instant messaging. Only a venture-backed company could be named Danger...
...RIESCHEL...
...RIESCHEL: But I think it has no legs. Is this heralding an age where it will be easy to go public? I don't think that is the case...