Tim Draper on Skype, Telco’s and the VC Business

Draper is acknowledged as the inspiration behind the term “viral marketing” via his hotmail investment. Interesting interview.

We often list all the problems in society, and the politicians would make you believe that they’re going to solve all those problems.

Generally, I’d say it goes the other way. Businesses solve a lot of the world’s problems. The next big energy breakthrough will happen through a business.

The next big environmental breakthrough similarly could happen through a business. Medicine has been advanced through business. It turns out that it’s the businesspeople that tend to be the ones who solve all this stuff.