Word: woodwarding
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...visited TIME last month for a talk that served as an epilogue to the Internet era and a prologue to innovation to come. Brenda Gavin, managing partner of Quaker BioVentures; John Preston, associate director of the M.I.T. Entrepreneurship Center; Gary Rieschel, managing partner of Mobius Venture Capital; and Susan Woodward, founder of Sand Hill Econometrics, joined Heesen on our Board of Technologists...
...WOODWARD: Start-ups are bouncing back. Our index of venture firms is up about 40% from its trough in late...
...WOODWARD: In 1850 we spent 80% of GDP on food. Puts things in perspective. It is under 20% now. Is it impossible that we get to where we put 80% on health care...
...WOODWARD: You can get a read on it in two or three years. Life sciences is definitely longer. But almost every year the most successful successes are the first comers. That seems to be the case because the best ideas are also the most obvious from early on. When we look at the life cycle from birth to the exit of the venture investors, first comers have the shortest run to making a public stock offering...
...WOODWARD: Has it made a difference in your life...