The biggest problem in starting high-tech businesses is the shortage of superior managers.
Moreover, by lowering their expectation of ultimate success, VCs might deter some women from starting high-tech firms.
Some private groups are trying to help, including The Idea Village, a nonprofit group that before the storm specialized in advising entrepreneurs starting high-tech businesses.
And compared with the C.E.O.'s who start high-tech companies and the clever programmers and designers they employ, Americans of comparable intellectual power outside the industry spend more time thinking about public policy issues (which would not be hard, since the standard tech official spends almost none).
But it also has quite a lot to do with the difficulties in starting high-tech businesses outside America and the limited ambitions of non-American entrepreneurs.In Amazon's case, Mrs Bezos may have played a role in pointing her husband towards the book trade, but her husband, a whizzkid hedge-fund manager on Wall Street, was a model of financial rigour.
He said he also was struck by the number of young alumni, including those starting high-tech firms, taking their college educations and businesses to more livable cities. "We're not doing this because we're in the real estate development business," Loh said.
Once they are educated in America, China tries to bring them back to start high-tech businesses in their home country.
Women who do start high-tech firms are not as likely as men to have outside equity investors or boards of directors (which can provide valuable expertise and contacts).
He coolly and easily displays the panache that helped him start a high tech company in Utah at 18 and become a millionaire shortly after he started shaving.
Forbes: So, you started out in high tech and then things just happened, or how did it go from there?
