'Wherever you hear parents bemoaning 'it will rot your brain,' I think it's predictive of the next $10 billion industry'
Summary
Members of the media and TEPCO employees walk down the steps of a fuel handling machine on the spent fuel pool inside the No.4 reactor building in Fukushima Thomson Reuters For the venture capitalists spearheading innovation in Silicon Valley, the speed of development is so fast that it’s almost impossible to say what the next big breakthrough technology will be. “Five or seven years ago, the sort of dumb money that people were looking for in the valley, historically, was lets go to the Middle East. So trade sales and M&A to some of the sovereign funds and some of the Asian players, I think, is going to be a big exit path when IPOs are scarce.” For a fast paced venture capitalist with money flooding into the latest technologies, in what is essentially a slow growth world, Wolfe’s perspective is firmly fixed on the future as he keeps one or more steps ahead of everybody else. The cars’ exterior features LIDAR, lasers, optics and thermal vibrational sensors, running on special GPUs (Graphics Processing Units) made by Nvidia, which you would find in an X-Box or Playstation 4 “They say that the most dangerous words in investing are this time is different. I actually think the most valuable words in anticipating what the big things in the future are going to be now are parents that say, itll rot your brain,” Wolfe said.