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The reality is regulation often lags behind innovation.
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Google Ventures has a direct financial incentive to ensure the companies we invest in succeed.
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There are a lot of billionaires in Silicon Valley, but in the end, we are all heading to the same place. If given the choice between making a lot of money or finding a way to make people live longer, what do you choose?
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If you're a technology investor, and you decide that you're also going to be a healthcare investor or a green-tech investor, that doesn't usually work out that well. There are reasons why people make their careers studying these things and becoming experts.
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Time is the one thing I can't get back and can't give back to you.
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We actually have the tools in the life sciences to achieve anything that you have the audacity to envision. I just hope to live long enough not to die.
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We make a series of investments, some will pan out and some won't.
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With a regular venture fund, you raise, let's say, a billion dollars, and then over the next three or four years, you've got to invest that money; otherwise, the people who invested with you will say, 'What are you doing? You're just collecting fees on our money.'
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There are a number of start-ups in Europe that are able to reach beyond their own country. Take Spotify - Spotify just in Sweden isn't that interesting compared to Spotify all over the world.
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I sign off not only every investment, but every dollar that goes out the door - I'm aware of it.