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Much Ventured, Much Gained

A Conversation with Michael Moritz

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Much Ventured, Much Gained

By: Michael Moritz
Narrated by: Kevin Stillwell
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Venture capitalist Michael Moritz talks to Foreign Affairs about predicting success, investing globally, and why Google’s original business model was a failure.

©2015 Audible, Inc. (P)2015 Foreign Affairs
Economics
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this is Part 5 of the Foreign Affairs: Schumpeter's Heirs article.
interesting interview, with one of the major investor players in the industry. understanding the impact a venture-capital company like this has is really humbling.
a funny quote from the interviewer -do you know from the beginning that a Google is going to be a Google?- so iconic and with such a massive impact, Google is the go-to start-up success example that never gets old. some interesting insight, even in success stories there are difficult times, as stated in the interview, Google’s beginning was not easy and -cash was going out of the window at a feral rate- until a solution was found and the business model was adapted.
also interesting, the importance of the state in supporting the start-up and business world.

interesting

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