Another great interview - this one from John Doer in 2009. John is the head of a Kleiner Perkins a venture capital company that invests in high tech. His insights are fascinating.
Here are a small number of things that stood out to me:
- 1/2 of the US energy is wasted.
- US has a tiny investment in renewable energy (wind, solar and battery) compared to the rest of the world. Only 13% of the companies come from the US.
- Importance of company culture. He identified missionary and mercenary culture as being the two cultures that he finds to be successful. My experience of working is that culture is incredibly important and very difficult to change. My observation is that if you do not find the culture of a company "right" you should get out. How you evaluate culture in a company in which you invest - I don't know. If you want an example of mercenary culture then check out the Bill Browden Interview and his account of working for Salomon Brothers.
- Ideas are easy, execution is everything, and in everything worth doing it takes a team.
The interview is a good one and covers far more than the few points that I broke our. I recommend listening to it.
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