Web 2.0 Summit 2010: "Point of Control: Finance"

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Uploaded by on Nov 17, 2010

John Doerr (Kleiner Perkins Caufield & Byers),
Fred Wilson (Union Square Ventures) ,
John Heilemann (New York Magazine),
"Point of Control: Finance"

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  • Thanks to OreillyMedia for posting Web 2.0 Summit 2010 videos. This is the second year I enjoy watching them. I liked Colin Powell's quote at 28:45 that John Doerr used - "Innovation without execution is hallucination." Looking forward more great videos from Web 2.0 Summit 2010. Thanks!

  • Hilarious. Thanks for the levity. 

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All Comments (17)

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  • @G58 The one John says was by Colin Powell. It is was by Edison and goes "innovation without execution is hallucination." If he wanted to quote Colin Powell he should have said weapons of mass destruction in Iraq is a hallucination.

  • Interesting pissing contest. Which one won? Who made the most sense? Who has the biggest inferiority issues?

  • @matt4536 I think the point is that smart people simply don't trust the market, and specifically institutions to survive in healthy enough states to remain faithful investors. Wall St is a whore's ally. Basically, the banks have ruined everything for anyone who's not already on the inside, and a lot who are. Fred's 10 % is an arbitrary percentage. It's bullshit. If 20% of his portfolio were right, the figure would be 20%. !0% therefore is a reflection on quality.

  • @PabZ2K Which quote?

  • intersting kaayo...para bag-ong idea innovation is good but more better good with exicution...!

  • hilarious, funny, awesome!.

  • Awesome and intriguing conversation

  • Best interview of the Summit 2010

  • @dallakyan That quote is from Thomas Edison.

  • Innovation without execution is hallucination? If we are inclined to devalue innovation then tell me what execution is - without innovation?

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