Sandell talks about what he learned about business from rowing, becoming a venture capitalist, and investing in the innovation economy from life sciences, biotechnology and medical devices to IT, including everything from semiconductors to consumer internet.
We see a pretty wide swath of what’s happening. And what’s clearly the case is that there is more positive innovation cycles now than at any time in my 20 years in venture capital or even my 30 years in the technology industry overall. It’s a very, very exciting time.
I think there are some fundamental technology changes which are benefiting lots and lots of different kinds of businesses–obviously, in the information technology side with the ability to process information and to compute things more and more cheaply all the time. Moore’s law is alive and well and has been since the ‘60s.