A Quote by Andy Jassy
I remember in 2007, 2008, when we had the recession, there were all of these very gloomy emails sent from a lot of venture capitalists, saying, Don't expect to get funded.'
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Well, of course it was a very trying time for me, and fortunately I had a lot of people who were supportive. A lot of people who were writing and calling and saying they were praying for me. Some people sent me Scripture, and that helped.
I've had a lot of help... from Marc Andreessen and Ben Horowitz, venture capitalists. They've helped me out a ton.
Back in the late 1990s, venture capitalists got very excited about the Internet. A whole lot of money was poured into some companies that failed rather spectacularly, and a lot of people lost a lot of money.
There is a lack of female venture capitalists, and so there are fewer female-oriented businesses getting funded. Intel has done a good job of creating a message across Intel, and they are putting their money where their mouth is.
What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.
By the time the 2008 election arrived, we had finally won the Iraq War, or we were on the road to winning it. We won starting in the summer of 2007 going into late 2011.
Let's stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes off of Wall Street, and created a perfect storm.
In 2007 and 2008, the first two Danish ships were hijacked. I started to research it. I've had the idea of writing in this arena for a long time, but I could never find the angle of what kind of story.
The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.
I remember at the time, there were all these teen movies being made. It was this resurgence of John Hughes-esque teen comedies. I was sent a lot of them to audition for, and a lot of them at the time didn't really impress me. I remember I was sent one called East Grand Rapids High, which ended up becoming American Pie, and I didn't like it. Although I think I did audition for it.
Unfortunately, a lot of Silicon Valley venture capitalists are disconnected from African Americans, Latinos, and other people of color.
People don't tend to notice, but in the past 10 years especially there's been a lot of growth in how I write songs and what goes into them. You can listen to Mountain Goats from 1991 to 2007 and never hear a seventh chord. In 2007 or 2008, I started working on the piano to grow as a songwriter. I started throwing major sevens in and sixes and more interesting stuff.
We weren’t trying to strike it rich with Firefox. It’s open source and it’s free. We weren’t trying to take over the world; we had kind of modest goals, and it was OK if it failed. We were a lot freer to make risky decisions. If you can afford to do things that way, it’s just so much better. You’re not thinking about venture capitalists or marketing or sales. Just product and users, all day every day.
But there's a lot of them that had that exact reaction, who had never heard Trump speak before. And I remember when I said this after [Donald] Trump's speech, I had a lot of emails. "Come, Rush! It's not... People aren't that segregated anymore." Don't doubt me on this. The left, you do not know how they sequester themselves.
I was less angry at [Carl] Armstrong, though I was angry at the people who came to his trial: Dan Ellsberg, who ordinarily I respected a lot; Philip Berrigan; the guy who teaches at Princeton still - I can't remember his name. And they were saying - well, they were saying, really, what Arthur Koestler had people saying on "Darkness at Noon." The means were unfortunate and, sadly, someone died, but the end is what is important and this was a great symbolic - something or other - sign against the war in Vietnam.
There was a period of time between 2005 and 2008 that was pretty challenging. I had taken a leap of faith and moved to Los Angeles from New York, which had been incredible to me professionally. I couldn't get arrested in this town. There was a lot of doubt and fear that crept in, and boy, did insecurity stick her foot up in it. There were many obstacles that were overcome during that very dark period - creative, financial, emotional, and spiritual - and I'm here, standing, stronger than ever.
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