Word: teche
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...concern will be to maintain a financially sound position and to work with people to make sure our info-tech system and facilities are well-organized so as to serve the programs and people," Newman said...
Clark is critical of some of his Silicon Valley brethren who haven't been as generous, despite their multibillion-dollar net worth. He hopes his gift will spur other tech billionaires to action, particularly Yahoo founders Jerry Yang and David Filo, who don't discuss specifics of any giving they may have done--and who Clark believes have been too frugal. "These guys actually ran the Yahoo servers out of Stanford," says Clark. "They should be giving something back. These guys are young, but they've got more money than me. Or take Larry Ellison; he should be doing more...
...anxious promoters of a start-up company, wearing their Sears suits and begging for an investment from clench-jawed venture capitalists wearing Brioni: there is a version of this scene in the founding myth of almost every tech firm from Sun Microsystems to eBay. Venture-capital financing is as embedded in the culture of Silicon Valley as integrated circuits and $750,000 tract houses. So perhaps it's not surprising that this form of financing--and its results-oriented assessment of potential investments--has made its way to the nonprofit sector...
Kleiner Perkins founding partner John Doerr leads the $20 million New Schools Ventures Fund, a foundation dedicated to educational causes, which gets its money from venture capitalists and CEOs. Doerr says he looks for the same attributes in his philanthropic projects as he does in his tech investments. "I like to see a passionate founding entrepreneur, strategic focus on a large underserved need, scalability and the ability to become a freestanding venture," he explains during a break between pitches...
...which originated on Okinawa), every major summit has some moments of inexplicable silliness. This summit's contribution to the genre: the leaders "planting a tree" by each throwing a shovel of dirt on a pine tree that was already planted, and dutifully examining with feigned interest a new high-tech voting machine that Japan's Prime Minister Mori was quite proud...