If you're looking for a guy who understands the potential for Silicon Valley to lead the way in creating good jobs in the United States, you could do a lot worse than Bill Davidow.
Davidow, who co-founded Mohr Davidow, has been in the valley venture capital game for nearly 30 years. He's partly responsible for launching dozens of companies that provided thousands of jobs. He's heard, of course, the talk about the need to jump-start job creation and how many in Washington, D.C., are looking to Silicon Valley and its startup culture to get things going. Which is why his take on that likelihood is so significant and discouraging.
"We are creating great opportunities again, but the thing that concerns me is that we don't have trickle-down anymore," Davidow said recently. "We used to create a job at the top and we'd create 10 jobs at the bottom. I worry that technology no longer has the leverage on the economy to pull the United States out of its problem."
To read the full, original article click on this link: Cassidy: Silicon Valley has limited potential as jobs savior - San Jose Mercury News
Author: Mike Cassidy
