Venture Geek

Will Price’s recent post about consumer confidence and macro-market trends and possible correlations to VC returns deserves some link love. I’m bullish on the power of the VC industry to fuel the economy, but I’m also one of those people who thinks we have probably already seen the zenith of American prosperity (especially relative to the rest of the world). A friend of mine has been living and working in China for the last 20 years or so, and he is convinced that Americans will ultimately have a hard time keeping up economically given our expectations of work/life balance (not to mention educational system). That may be a bit dour, but hubris and complacency aren’t a good combination. Let’s just say I think it will be important for my kid to learn other languages and other cultures if he wants to prosper — being fluent in Mandarin Chinese probably wouldn’t hurt.