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[inaudible] great question. The idea is six days. People in japan, is a perceptual change and i are again the book that the tool is language that having a word for something is what allows you to experience because you can conceptualize it and you can say i recognize that thing. I have a memory of that thing i can convey my experience to other people. One of the big debates is going on in the case world is well because we dont have a word for what that sixth taste is maybe we just missed it. Its there but we dont notice it. The pay comparison that they use and finding another color. This happens all the time with visual researchers. One of the big comparisons people say its in some languages there are separate words for blue and for grain. As a mean to people who were raised with one of those languages cant see blue and green. It means they perceive him as a singer experience in people who grew up with the language that distinguishes between them see them as two different things. Maybe its the same with pace. Maybe that sixth paste is like another taste but we cant take it out as discrete or separate because i dont have a word for it. Other people say this is bogus. Therefore there, who is universal language would have built a word for it. Every language has a word for sweet and every language has a word for salty and every language has a word for bitter. Interestingly a very analogous line of reasoning is going on in the Emotion Research to expose some cultures have words for emotions that other cultures dont so the idea can you experience a feeling if your culture doesnt have a word for it lacks. What is something had to leave out of the book . Okay one of the things i had to use out of the book as i went to see an expert in the ethics of genetic engineering because i thought that would be a very interesting kind of precedent for the idea of altering the body. Do a very limited set up so it was basically sat on the chair on a subwoofer and vibrated and they had a pair of goggles and a headset but they didnt have the other things like that. There are six episodes the soldiers watch what he wants to make it into this band of brothers that maybe 30 episodes. [inaudible] i dont know. I bet there are. It would make sense that somebody is doing it but i dont know about it. Weve only existed in the world for a few decades the brain hasnt had time to evolve to tell the difference between the real life and virtual life. We havent really started for lack of a better word other than church. [inaudible] its kind of ironic that our society is focused on this stuff. One of the people we went to see, is anybody familiar with his work . They are really hard to do with the computer interface and he says they are easier to convey so the others have been left out. Hes been doing these projects you wear a ring and then your partner wears a ring and you press where it would be and they send them on infidels we use. He has worked on conveying snow with the phone. Each device has to have this additional thing on it. Is there time left. Youve been a wonderful audience. Thank you. [applause] this is going to be a special treat for all of the viewers to talk about your new book the third wave. You and i have known each other for about 15 years before i went to congress we have the opportunity to get to know each other in the private sector. One of the few people in congress that understands whats going on. My first question is the timing of the buck because he went to america on line when it was called Something Different in the 80s it had a completely different business plan. You formulated the whole company. You have the company through the 90s and it became one of the most Iconic Companies in history and you as a result were one of the iconic entrepreneurs and one of the great Business People of our generation. They are connected through america online. Then you had the big merger with time warner and went on to continue to be a successful business person and investor and started the revolution investment fun fund into Startup Companies including great ones like sweet green among others so why write the book now . I have to imagine that during those days there were people beating down the door. It was a privilege, thank you for doing that. Guest it didnt work out a way that we expected and were there lessons from that it wasnt that interested in the memoir. Ive been interested in whats happening next so i wasnt motivated. Was happening with start ups all around the country and there was a first wave in a second wave and it was going to be different. It would be helpful. The great shakespeare path became less about the past and more about the future in the manifesto that some respects in terms of what will happen. I started maybe two years ago writing it. Host before we get to the substance of the book i want to spend a little time on your background. You didnt want to write a memoir but you gav about you gae bit of a glimpse. You thought about the world as a young person or entrepreneur you are from hawaii and up until about eight years ago you were probably one of the most famous people from hawaii and probably until about eight years ago the most famous person in high school. What is the high School Called again . Guest 175th anniversary. I was a senior in high school when he was a freshman but it was only when he came to washington as a senator that we reconnected but youre completely right. People were wondering what was in back then but thats a good story. Host you and the president must have a good friendship. Friendship. Friendship. Youve also work with president bush and president clinton. We want to come back to that but before we get much further, what i like about your book is when there is a big thing going on and there was nothing bigger than the internet, you you could argue that its the most important Economic Force of our time in history. You also ushered in the internet peoples homes. Its how we should think about this. We should spend some time explaining the thesis to people. Guest its th guest its the networks, the servers, everything to get connected and it seems obvious now that when we started in 1985 only 3 of the people online are only online one hour a week. Then it took a decade before it got traction and most people thought why would anybody want to do that. If you were able to get online there wasnt much to do. It finally became ready for prime time. Google and facebook and twitter basically the software writing on top of the internet has created enormous opportunities and Iconic Companies. It will be fundamentally different integrating the internet in into seamless ways battery aspect of our lives. Its how we think about food and energy and investing money. It changes a little bit but not that much the way that most people deal with Healthcare Systems for example when they walk into the same forms and its just not as precise. They are going to change a lot in the third wave, but i think its going to require a different mindset for the innovators. It wont be the startup or the Big Companies to understand whats happening and even the definition of work has changed and is changing even more so it is building the internet and building on top of the and the third wave is integrating it through our live lives and its erupting some of the Business Industries in the country in the world with enormous opportunity for people that are understanding kind of where it is going and kind of position themselves. So we stop thinking of the companies as Technology Companies and we start thinking about technologies so the basic tools that we all thought existed in business and became integrated, Technology Becomes that. So now one of the great things about the book when you took it public they had 30 million revenues and is worth about 70 million. Now we have google, apple, facebook, collectively these companies are probably worth 2 trillion. Its an extraordinary thing to think about this as you talked about. But in the third wave you will see big Healthcare Companies that will be enabled by technology in ways we never imagined before. Its shifting from this phenomenon and it will just be taken for granted. They are on a similar path and we will know when we get there when we dont have the hyphenated internet. Right now we call it email. Someday we will just call it mail. It will take another ten or 20 years to get there but i think that we are on the path into the third wave is the next iteration and the next step taking the idea of the internet and shifting it from being a Quirky Technology thing to being a fundamental part of everyday life. One thing is you strike me as an optimist and think about the world thats how i always thought about it and you believe in momentum when things get going capitalizing on the momentum. Theres a lot of debate about the Effect Technology has had on our world. You combined with global connection its been a blessing for so many people but it has put pressure on our lives. Its kind of pressure pressure n terms of anxiety. We have created new jobs and there hasnt been an equilibri equilibrium. Host when you think about this i know you are a were an optimist, but why are you so positive. Ii am not in the optimist camp where everything is positive and this technology solves every problem. There are some positives and there are some negatives how do you maximize to try to minimize the negatives. Its been an enormous force for good not just in this country but around the world with access to the available its going to be a game changer for half a century. They think they are behind the times but if you dont use your wifi can i use it as last summer we were in africa and visited kenya and ethiopia and whats happening there in some of the remote villages because of the internet and innovation and the country is empowering and liberating. We have the ability to get connected and sometimes we are hyper connected. Through the technology it has created a lot of jobs and as mentioned how do you figure out ways to incentivize innovation for the future that bring everybody along. One of the things i was proud to be associated with a couple of years ago around the Small Business in the report that came out in the American Dream can this be a force for good. They solve the internets democratizing access information. I think theres an opportunity to kind of democratize access to entrepreneurship and opportunity so everybody feels like they have a shot. Right now, not everybody does. They feel left out and one of them is to lay out the framework not just for the entrepreneurs but how the world is developing and what it might look like ten or 15 years from now and how that might help you get a better and brighter future. You talk about healthcare innovation. What are some of the areas that can be transformed thinking about the challenges we see. In education obviously a lot of things have been done the last few decades but for the most part they say the way they are teaching us abou is about te as it was 20 years ago. Yet there are advancements and some take a little more time. Having the systems that can help customize the learning will be important having a sense of what is going on with individual students that are struggling. Its not just about software, its about integrating it into culture and partnership so its not just about the new learning and cloudy and internet but how do you improve learning in the classroom its interesting developments particularly on the wellness of side in things like the fit bit and particularly if it is a lifethreatening disease though not as precise as it needs to be. When they have people come there for a Second Opinion by cancer in particular, 25 of the time they change the opinions of it needs to be more data and more personalized approaches to help the technology is part of that solution. Again its not just the engineers solving the problem of partnering in the hospitals to figure out ways to get things together in the era of healthcare that is a little bit better outcome and hopefully will work cost. Thats one of the things youve added so much to the discussion because there are two problems we have about business and the Nonprofit Sector working together. You have people coming out this from the perspective that the private sector and in the case of technology, the technologists have it all figured out. And we are kind of on an island and we know whats best. Its somewhat of an insular view of the world. Then you have people that come at this from the perspective and one of the things that has been important about your voice is that its been very balanced. Its how is there a role for the government and as a positive role but we have to be careful because the government clearly can stifle innovation and it can get in the way that is bureaucratic and theres not enough of ballads that have the Business Career that you have. So what kind of brought you to the point. It works for different people its watching the evolution of itself because there are folks in Silicon Valley. There are things that do frustrate the innovators and entrepreneurs into different regulations and investments in things like that. But the reality is Silicon Valley wouldnt exist and the internet wouldnt exist but for the government. It was the original kind of researcher and the internet. There is enormous innovation and people forget how big of deal that was. The first wave of the internet youre not sure how this is going to work so lets take a handsoff approach. The gps and weather data so there is a role its whethe its whether they get the information from government. They dont need the government involved in the business. But there is again i get frustrated and theres a bunch of things we need to take serious. We are not guaranteed to remain so i understand people that are frustrated and i understand that view but i also think there is the other of you if you think about important aspects making sure the food our kids need a school isnt going to make them sick or kill them and even drones flying over the playground but arent going to crash. They want the government to provide some basic kind of safety consistency and at the same time they dont want government to overreach and stifle innovation. So its a good example. Making those decisions its important to strike that balance. I get frustrated if i hear either side saying we cant trust the market they need to dance together in a constructive way or listen to each other or respect each other to figure out what the right path is forward. It should be obvious because it is so large. Its certainly bureaucratic and can get in the way that there are things that are indispensable for government has to do so you touch on that in the book and while acknowledging i dont want to provide fuel to the fire that you are advocating that youre not coming youre talking about how the government gets in the way. We will come back to that. Its worldclass philanthropists but what do you think if you could get the government to act against a couple things in the context of the partisan gridlock what would be the two or three things that are really important for the government to try to do and get right to ensure that america maintains its competitive advantage because you are a little worried about that in the book. Its like the company is cant figure this out that sort of animated the story in the entrepreneurship. Its the immigration policy to attract the talent and the right kind of investment and Regulatory Environment so it is a global battle that we saw 50 years ago in the globalization of capital lease all the globalization of manufacturing and now we are seeing the globalization of entrepreneurship so we have to understand that and the chapter on that and talk about a number of things do work in the congress has done including the jobs act. They can use the money to raise capital to get started. The first step was with the congress and they put the rules in place but that is a step in the right direction. Another is to make sure we understand particularly in this Election Year they show immigration has become politicized. I understand that. Then you win the global battle for talent. There are many facets i understand that. But figuring out a path forward. One example i mentioned in the book that is a sad one, theres an entrepreneur to start the company after graduating. Wanted to stay in the United States but couldnt get extended so basically had to go home in his case to india. That is good so how do he make make sure you take a fresh look at this particular in a world that is starting to conversion colon id were some of these things are coming together. Host someone who is not and never you are worldclass entrepreneur a lot of people think Big Companies were hurt by these regulations and in fact they protect a lot of Big Companies. They create motes to make it hard for entrepreneurs to get started. Guest one of the things are realized when i started doing the policy work five or six years ago is most people around the country and in washington think about business as this monolithic way. Small business mainstream restaurants were very important. Big business the fortune 500 companies are important but they job growth comes from high growth startup. The big business doesnt want traitor art tax repatriation or something which is no interest to the start of spray they want to take out ways to access n. To drive and to survive so there are different mindsets in terms of the business community. We need to be sensitive about them. We need to create the right environment so we maximize the opportunity to lead in this sort of way and i think its possible. Im optimistic about it but i think you people get complacent they lose their way and the best example of that is detroit. As i say in the book 75 years ago detroit was Silicon Valley. Detroit was the most innovative city in the country and the car was the hot technology and it lost its entrepreneurial mojo and things happened had lost 50 or 60 of its population and then it went bankrupt. Its a reminder that these things rise and fall and cities like detroit and many others like pittsburgh and cincinnati nashville madison kansas city new orleans fighting its way back postkatrina are showing momentum around startups. Host thats what gives me hope for the future but if we get complacent and we think america is always going to be this tiny innovative entrepreneurial nation a world that entrepreneurship is localizing theres risk and thats part of the reason i wrote the book not just as a playbook for peoples lives but thats like saying we have got to change our tune. At such an important point because people on capitol hill and this is entrepreneur that shocked me what you just said is so true. I categorize companies Big Companies and Small Companies and in truth if you look at the data Big Companies is a group that berkeley create jobs and even though twothirds of the jobs are in small to midsize businesses which is a thing that people talk about which is why they are important and we need to make make sure theyre not over regulated and supported etc. As a group they dont create a lot of jobs reads all of these, some people call them good cell which is a Small Company that gets going and it takes off. Aol is an extreme example 70 million it decades later 160 billion. Thats an off the chart extreme example but in my home state to have Companies Like under armour at great example. A relatively Small Company selling very unique athletic shirts that people thought was a total niche product that would be in the corner somewhere but you know the founder and ceo kevin plank in you an i visited his headquarters for me did the tour which i want to come back to comic you know 1000 employees in baltimore. Guest you mention the jobs act which you were a huge instrumental force in getting past which created a situation where startups can make u. Done a lot of work on immigrations probably recently talked about. Used to be there a couple places where people wanted to be to start a business largely on the united United States. Thats not true anymore. Theyre a fabulous cities around the globe that are driving n. They have freemarket economies. So what have you learned from those experiences as a relates because a lot of our viewers here are caught up in its ideological debate that we are all caught up in. Actually got something. We havent got anything done Immigration Reform act that we moved the ball a little bit until recently and youve been involved in that debate. Youve been at big voice about additional money for basic research. What if you learn learned from your experience trying to get stuff done and congress that is relevant for us . I played a little bit of a roll. Fmla was the white house workmen but i was the kid standing on the sidelines but one of the things i learned with the merger of time warner is that it comes down to people and trusting relationships. I know part of the challenge is washington is lacking. People are in their camps and not really talking to each other and not really trusting each other and therefore talking past each other. They have some ways to focus on the reality in some way to bring together coalitions that get things done right its important i consider myself a nonpartisan centrists which people on both sides sometimes you stand for nothing. If you want to get stuff done compromise in this town has become a dead bird. Think its a good word. Part of democracy great how they figure out some way to come together and get something done . Thats just my bias and i think it probably helps i respect the fact that you are willing to jump into politics and take the lead on these issues. I have stayed out of politics focusing more on the policy side and being deliberately, nonpartisan. So i think awfully both sides will say he actually does have an interest in the issues and he does care about the countrys future and has something to add on the issues around innovative entrepreneurship and he doesnt have a political agenda. He wants to get stuff done. I think that creates an environment where people listen and i think ive learned that the hard way. Sometimes the things i thought were obvious ideas just werent happening and i realized it wasnt about the idea, was about the execution. It was a great Thomas Edison quote and edison quote image in the book vision without execution is hallucination. Here is a white paper or some proposal. Thats a start but he cant figure out how to get done and he cant get done unless you build a coalition of people who understand the importance of the issues and are willing to come together to figure out a path forward. That to me is that a bias i have but im hopeful once we get her this election cycle which has been kind of noisy whoevers bleeding on the house side or the senate side will be able to sit down biltmore that trust and build more that dialogue and outline some issues but i do think they are important the court jobs for people all across the country. How do we have that conversation and hopefully in january we will. And i agree with you because when you look at the hand we were dealt as a country its still the best hand of anybody in the world. In my opinion the economy is doing 30 well. Theyre a couple of things we need to do any touch on them and the grace and are more around research. Ive been active in infrastructure and it does take just a few things that actually could get this country growing instead of two, 2. 5 , three, 3. 5 which makes such a difference. Guest we have seen some progress on the unemployment. Host was 9 in outs 5 . The growth. Is below and how do you get it to three or 4 dixie huge difference in being able to invest in things that matter but thats not somebody running a spreadsheet. As somebody figure out a way to unleash the next steve jobs or the next kevin plank or whomever who can create an interesting product or service that strikes the core and people love it and so many people are buying it and jobs are being created. Suddenly there are more taxes being. In thats how this works. There is sometimes a disconnect from that reality so to me focusing on that core what is the wave to make sure we remain the most out of an arab nation and a job creating nation we are still the pioneering startup nation thats the mentality as opposed to the complacency that comes with success that leads you to start resting on your laurels. One of the things youre doing, so you have a couple of hard folios. You try to position the country. You are doing things of Public Policy and putting your views out there but one of the things thats interesting i think is what you are doing with the rise of the rest. A to err or effort. I want you to talk about that he could they think people have largely had a few. If you look at the economic success in this country over the last 10 or 20 years that its not only highly concentrated in a small number of people, which factually those trends do exist which is driving income inequality but its also concentrated geographically and there are certain regions california, northern california, new york, the d. C. Area to name a few others that have disproportionately benefit from the Economic Growth that we have had. A lot of the parts of the country are suffering one of the things you try to do is find the next steve jobs and steve case is in a lot of places around the country that people dont think of as obvious places for entrepreneurship. So talk a little bit about what you were doing their and where you see the opportunities because this is the thing that up actually get this right, if other communities and atlantic magazine had a great cover piece by james fowles recently where he went around to 70 different large towns and small cities and what i saw at the first thing i thought about was your work. It was very optimistic. A lot of good things were happening in smaller cities and larger towns around the country that werent obvious. Tell us about what you are doing the core idea, how do you sign the spotlight for great entrepreneurs all over the country . There are Great Companies being built in california and new york and massachusetts. Last year 75 of Venture Capital went to three states but theyre also Great Companies in the other 47 states that most of the Media Attention and Silicon Valley and most of the industrial attention is on Silicon Valley, thats wrong. Host how much to Silicon Valley get . Guest hot half of all the venture california is overwhelmingly california so its definitely got the lead and is doing a great job again if you look at the arc of americas history, talked earlier about detroit. When detroit was Silicon Valley Silicon Valley was apple orchards. These things rise and fall and agricultural is in the middle of the country in st. Louis and louisville. Some of the great inventions around tags farming are going to come from those places. The Industrial Revolution were powered by cities like pittsburgh is still capital. Carnegie mellon has the best. So you are starting to see examples of this. I think it will accelerate and if we do help figure out a way to create more visibility and drive more capital they wont create more jobs that will lift up these communities. Its not just about any one business or but how do you create an environment where there is innovation and economy is more evenly dispersed around the country and people dont feel so left out. If you like you can be part of this opportunity and related to that is the whole idea of entrepreneurship. Last year 90 of the Venture Capital went to men. 90 which doesnt reflect the distribution of ideas but if you look at the crowd funding sites like kickstarter, its a whole host of reasons that Venture Capital is a network. If you went to school. Have that access and if you dont you done that is why crowd funding which i applaud applaud the cover applaud the covers for passing this on portenza getting it right with the sec is so important it is a gamechanger in terms of leveling the Playing Field. People have an opportunity to have their idea out there and its more democratized and more inclusive at think it bodes well. People of color also disenfranchised. They dont have the same kind of opportunity so we will remain pleaded everybodys ideas and we need everybody to have a shot at the American Dream and that comes not just from an dessing and entrepreneurs who went to stanford in palo alto or engineers coming out of m. I. T. Europe oscar cambridge looked in the right things and deserve support but its also former teachers in new orleans who are coming up with Educational Software for former farmers in kentucky who understand what needs to change in farming or doctors at the Cleveland Clinic with a mayo clinic or ideas in terms of figure out a better pass port around helps im optimistic this third wave will be more broadly dispersed and there will be a level Playing Field that will be more inclusive. Host part of your thesis around the third wave is its the internet of everything so no matter, we have seen the first way of connecting people in the second wave was social and apps in search of things like that announced basically taking every day aspects of our lives. Seems that we didnt think technology and superficial orientation and its empowering and changing is so that would argue that the Agricultural Industry which is not by the way headquartered in northern california. Its headquartered in arguably the center of United States. Monsanto has tens of thousands of ph. D. S like st. Louis so they have to be the people, and he touched on this in the book a little bit and this is an interesting point for policy leaders around the country. You know they suddenly have a stronger hand than they might have thought because the extent they have a traditional industry as their economic groups, as those industries transform with data, interconnection innovation etc. They will have a comparative advantage because they know something about the subject matter. To figure figure out why not just within the companies but network around the companies. Gest create an ecosystem and connect ideas around the perforate. Big Companies Generally watching on the sidelines to take for example one of the most successful second Wave Companies would be air bnb which came up with a new model for hospitality. They did exist 10 years ago and that somebody had pitched either of us the idea that we would create platforms that run out like an air mattress and may run out of unused room, thats not going to work but it worked and now it is worth 25 billion worth more than hilton or marriott. They dont even own any hotels so thats the kind of innovation that have been the second wave, the innovators engineers creating software in this case grading a marketplace and the third wave is a connection with Software Technology and other stuff. People that are leaders in those Core Industries transportation and food and things like that have an advantage if they figure out where the market is going in if they figure out a way to create partnerships with the end entrepreneurs. The entrepreneurs will need a Big Companies. The Big Companies will need the opera north and the third wave and both will need more government. Understand entrepreneurs dont have what you hear that the government is going to become more important in the third way but it will be because the sectors are regulated and the government is going to have a role in figuring out what the right rules of the road are. Its just a different mindset pre. Host americans with gray hair or no hair have more damage as a nod to burner than they do in the first or second wave which was people in their garages. Guest the first in the second world different. The first way because thats again part of the reason i wrote the book. Some of the dynamics in the first wave around the importance of partnerships and Government Policies and importance of perseverance were not important in the second wave but more in the third wave so the phenomena of the second wave of the 20something entrepreneur which has had great successes will be less, and then the third way. It will probably be someone who understand some of the dynamics in health care or farming or education. The balancing act to get the innovators book tell you one of the benefits of not knowing anything about industries you can ask questions. And some of the sect tours if you dont know anything about teaching and he dont know anything about how doctors practice and dont understand how farmers think in some of the challenges they deal with you probably arent going to get the right answer. Probably answer will come to people closer to the problem so mirroring those two will be one of the crooks in the third wave, be curious enough to not so wedded to the dogma that you cant look in things in new ways that bring along people and an understanding of what has happened there and once they have the wants of figure that i will be the big successes in third wave. Host thats an interesting opportunity for a lot of those communities and what a lot of them should get excited about is sometimes it just takes one company. I saw what happened, i was in business at the time in the d. C. Area and there werent many entrepreneurs here. Al well comes along and becomes his utter Breakout Company and seized the region and a few others as well put one or two companies can make a really big difference in terms of creating this ecosystem. People get these breakout valuations were companies go from being worth nothing to 10 or 20 billion. People make a bunch of money and they go off and start a natural cycle. Host you have seen them all tomorrow with under armour. Its not just the jobs created by the company like an aol who went from dozens to hundreds of thousands, it was the tens of thousands and maybe hundreds of thousands of other jobs created because of the roof in terms of jobs for people building homes and jobs for people in a new restaurant so if the community is growing its creating jobs not just in those specific startups when they get to be growing a the speed up thing so how do we unleashed that another person country so people really do have a sense of community on the rise as opposed to some of the cities where people grew up the their and their parents sadly tell them you should move away because the opportunity is some rows. There will be a warning and people will want to come back to detroit in want to come back to new orleans and want to come back to des moines or many cities around the country and they want to raise their families there but they also want to have opportunity. Because of some the things that happen the second wave like funding and because the opportunity of the third wave will create partnership that think we will see more of that happening in this third wave which will result in many of the citys struggling a bit have an opportunity to grow back. Host so you had this amazing career but it started, i want to read for our viewers your essay that you wrote when you applied to Business School and its okay to say you werent accepted. Guest i got rejected by every single Business School. Host this is very short and i want to read it because itll only take a minute to this minute to does what he wrote in 1980, so thats 26 years ago. I firmly believe, 36. My math is slow here but i firmly believe technological advances and can medication on the verge of significantly altering our way of life. Innovation and Telecom Education and especially twoway systems over sirte Television Sets becoming an information lifeline newspapers Computer School catalog etc. But clearly this was a drastic effect on advertising as changes in the number of working habits in the u. S. Operation. The new technology will fragment the home audience and allow advertisers and agencies to escape the rigidity of commercial format developed communication forms up or prefer individual advertising target marketing. Then you finish more pertinent and as you more pertinent in the same as developing sectors have an understanding of the people who live in electronic societies and what motivates them and the ability to anticipate problems that need to be solved. If you took out a few words in this essay this could have been written by someone today. I got rejected everywhere. Most of the companies i applied to out of college i basically wrote a similar cover level cover letter with my resume. Anyone who can write that is pretty good at seeing around the corners. So i want to close with your device as to entrepreneur should think about the world, help people in Public Policy should think about the world that before he do just to show that the world is not as linear as people think, in other words you write an essay like that you are not immediately accepted to harvard Business School and you dont immediately start a company like a lot of people do today thats worth 10 billion in four days. So you write this essay out of college, you dont get accepted to harvard or standard, you go to work at Proctor Gamble and then you get a job with a title that you say is the best title you have ever heard so tell me. Guest director of pizza development have pizza hut. Host the last 50 minutes we have talked about technology. Guest the interesting thing is what i want to do after graduate was just that. It was the start of culture. There werent Internet Companies because the computer didnt exist yet but i had to dig out something in the meantime. Tng and cincinnati was a great experience. The way they lauh

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