How Do You Think We Should Finance It?

John Kliner has been with the venture capital firm kliner perkins for over forty years. In a typical year, we'd receive three thousand proposals and would screen them down to 300. 60 out of three thousand, that is a serious competition. And givein the early stages of these investments, a lot of em go bust. I believe it was 12 million dollars for about 12 % of google, and have never back. So that was one of the best investments of all time. That stake would be worth 200 billion dollars now. i think it's impossible for young people to imagine how bad search was at that time. We're spending those moneys right now on subsidies for fossil