I delivered lectures, and I was also a consultant for international companies in finance, both private equity and big venture capital funds.

The key with Merrill is they're not as dependent on some of the venture capital private equity gains some of these companies earned earlier in the year, but have now lost.

Many of the best firms historically in venture capital have been multi-sector.

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation.

We believed the world didn't need another commoditized venture capital firm.

Venture capital is unscalable. Production equals the time each partner has.