DISQUS

VentureBeat: You call *that* a technology company?

  • ronald · 3 years ago
    Don't tell me you are not a "ME TOOOO". That can not be, you're a VC. There goes my view of the World. Dang, now what.
  • Bryan · 3 years ago
    The aviation industry isn't going away anytime soon, and I'd be really interested to see what the valley could come up with.
  • keanu zhang · 3 years ago
    interesting! the article discovers the the hidden side of VC: most VCs are conservative and less creative!
  • Krish · 3 years ago
    Paul,

    Time will tell whether you made a right decision or not...I wish you did. But I admire your rationale and your take on "Ideas-other-than-Bay-Area-Approved". I live in India and am an investment banker putting up with a lot of shit carried home by Valley returnees.

    There sure is life beyond Valley VCs.
  • Lorenzo · 3 years ago
    Paul--

    Very interesting perspective. It is also well written, being as you went to a trade school. I giggled at the reaction "Can you get me one of those?".

    That said, boy do I have a great opportunity for you...
  • Ron · 3 years ago
    Aviation is an entire industry that is dying because there hasn't been any real innovation, and from a VC point-of-view, where they see neglect in the past, they may see profits in the future. (And personally, when it comes to airplanes I'm happy to have someone innovate beyond, as Grim puts it "rubber mallets pounding ill-fitting parts into place.")

    Look around now at all of the VC money going into alternative energies, that is really just funding innovation on top of 100+ year old combustible engine technology. For example, the catalytic converter, a rather mundane piece of automotive technology, has done a lot in reducing the build-up of smog in our cities since the 1970s. So it was a positive technological innovation, however mundane it may be.

    Hopefully investments made today in energy will clean up our air in the future (and probably make a few people rich in the process).

    So is energy, then, technology? Again, I would say yes. In the same way I would say that fire and the wheel were technology.
  • Roger · 3 years ago
    Paul,

    Good point and nicely put. Like your style. I am in China which is Asia. VCs are pathetically unprofessional (from my career as a corporate finance guy in i-bank point of view). But due to the area's vacuum of innovation, they somehow ended up with lots of gain.

    So any interest in Asia/China (this is beyond bay area for sure, haha)? Maybe Matt here could hook us up.

    Care!