A persistent theme in our class discussions is "How can I make money through information business?" In this interview with Don Valentine, founder of Sequoia Capital--the Silicon Valley VC firm, there a couple ways revealed. I found the end of the interview to be most interesting--the fact that Mr. Valentine says that progress in information business has been predictable. No wonder he's such a good venture capitalist. I guess it's just good business sense, but for people looking to earn a living in an information business-related field, this appears to be very solid advice. Sure, all of Valentine's observations are in hindsight, but $3 billion worth of success is reason to believe he has good foresight too. His commentary about industry behemoths and innovation is interesting and in accordance with other literature I've read, too. If I may be so crass as to suggest that BBAs come in two flavors--those who wish to make money investing, and those who wish to make money running companies, I think that this article appeals to both of those interests, and even shows the crossroads of the two. Enjoy.
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