I would say that nanotech's worth paying attention to no matter what your background because if you look far enough into the future, it'll impact just about any industry you can think of.
Steve JurvetsonRead
When you lower the cost of access to space, a boom of innovation follows, just as low-cost fiber optics paved the way for the Internet and the cloud services that followed.
Interpretation
Reducing costs in accessing space facilitates technological innovation and growth.
This quote emphasizes the idea that making space more accessible at a lower cost leads to significant advancements and innovations, similar to how affordable fiber optics revolutionized communication and technology through the Internet and cloud services. It suggests a direct correlation between reduced barriers and increased creativity and productivity in technology.
In practice
In a speech about the future of technology, I referenced how lowering barriers to entry in space can lead to groundbreaking innovations.
I would say that nanotech's worth paying attention to no matter what your background because if you look far enough into the future, it'll impact just about any industry you can think of.
I've actually come to respect the most irritatingly challenging people I've worked with as really valuable in improving group decision-making and what to do and what to invest in.
If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round.
We look for companies that are unlike anything we've ever seen before, with a bold vision to change the world and run by passionate entrepreneurs who get you jumping out of your seat.
One very interesting framework for a company to succeed over time - beyond just business logic and analytics - is, do they have a reason why the best graduates in engineering programs will flock to them versus competitors?
Celtel established a mobile phone network in Africa at a time when investors told me that there was no market for mobile phones there.
for Steve, less is always more, simpler is always better. Therefore, if you can build a glass box with fewer elements, it’s better, it’s simpler, and it’s at the forefront of technology. That’s where Steve likes to be, in both his products and his stores.
The history of the Internet is, in part, a series of opportunities missed: the major record labels let Apple take over the digital-music business; Blockbuster refused to buy Netflix for a mere fifty million dollars; Excite turned down the chance to acquire Google for less than a million dollars.
Once you understand that everybody's going to get connected, a lot of things follow from that. If everybody gets the Internet, they end up with a browser, so they look at web pages - but they can also leave comments, create web pages. They can even host their own server! So not only is everybody consuming, they can also produce.
Amateurs hack systems, professionals hack people.
We are losing our common vocabulary, built over thousands of years to help and delight and instruct us, for the sake of what we take to be the new technology's virtues.
Subscribe for the occasional hand-picked quote. No noise.