Will Kleiner be investing in Indian companies?
I don’t see us investing in pure-Indian companies. If a company had its headquarters in California and a lot of operations in India, that would be a much better model for us. For every 10 entrepreneurs who come to us, about eight of them will be Indian. They will start companies here, and a lot of the resources will come from India. How does software regain its leadership role in the economy? There will be another tectonic shift. The whole idea of information access, communication around the world, may be the next one. Revenue will start to grow again, and software will again be the biggest industry on Earth–until biotechnology overtakes it. What kind of issues do businesses face today that they didn’t, say, five years ago? Every company out there will have to deal with volatility in their business–asymmetrical trends they cannot easily resolve. On a national level, when Russia was our enemy, we knew where the Russians were and how to deal with them. With al-Qaida, it’s much tougher.
