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mohit | Shared With: Everyone - Feb 24 2009 | friedman, vc, investing, startups, entrpreneurship
Quoted: "Thank god Friedman isn't heading up TARP. While we can debate whether the auto industry is worth saving, one thing that venture doesn't need is an extra $20 billion to 'invest.' Access to capital is not the issue. What we need are entrepreneurs working on breakthrough technologies (not 'financial engineering') that will transform existing industries and create brand new ones that did not heretofore exist.
