April 28, 2005 11:37 AM PDT
Quote of the day: 'Inventor' equals 'strange'
In an interview with CNET News.com, ex-Microsoft exec Nathan Myhrvold, founder of Intellectual Ventures, said that back in the 19th century, people understood the job of an inventor.
"If you go to a cocktail party now and someone says that they're an inventor, it's very strange," he said. "Most people's idea of an inventor is that crazy guy from the 'Back to the Future' movies."
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A few years ago I was pitching my RFID company to a venture group and they asked me to explain the technology behind a spread spectrum technique. After their eyes glazed over and I saw a "No", my friend in the firm took me aside and advised, "If investors ask for any technical explanation, politely beg off. They equate high tech skills with bad management abilities."
Gee, do you think there is a link between the Indias and Chinas growing so dramatically and how they treat their techies with respect and honor?
....bad management skills..! bah!, what good are good mgmt skills, when all they will be left managing is importations.