A Quote by J. B. Pritzker
None of our family businesses were focused on technology. It was '93 when I came out of law school, and the Internet was taking hold. So I started New World Ventures.
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Technology ventures can succeed with very little investment, unlike many other industries. A lot of the big Internet players like Google or Yahoo were started by a couple of guys with computers. Microsoft was started in Bill Gates' garage.
Technology is something you have to embrace because technology is part of our generation. Digital natives, for instance, are people who grew up in a world that always had the Internet and who always had smartphones. Millennials aren't too far behind: my generation of people, who were in the mix of the Internet when it first came out.
People generally think of technology simply as a spur to start new businesses. But the Internet has also made it possible for more businesses to compete for any given opportunity.
In education, technology can be a life-changer, a game changer, for kids who are both in school and out of school. Technology can bring textbooks to life. The Internet can connect students to their peers in other parts of the world. It can bridge the quality gaps.
There have been a lot of times in my life where I came out to a perfect stranger by some chance encounter. It's way easier than coming out to your family. I started high school 'out,' then I had to tell my family. I had to introduce myself to the family.
When I was 8 or 9, I started using bulletin board systems, which was the precursor to the Internet, where you'd dial into... a shared system and shared computers. I've had an email address since the late '80s, when I was 8 or 9 years old, and then I got on the Internet in '93 when it was first starting out.
When I started law school I was shocked to learn that our legal system traditionally had the man as the head and master of the family. As late as the '70s and '80s when we were fighting for the Equal Rights Amendment, states like Louisiana still had a head and master law.
I was in the Navy when the World Trade Center and the Pentagon were attacked and Flight 93 went down in Shanksville, Pennsylvania. I remember the selflessness of our first responders, including brave New Jerseyans, who were there when our country needed them most.
In the past the analysts were the department you never saw. They were the nerds at school. You went to see the investment bankers and maybe the salesmen but the Chinese walls divided them from the analysts. But new technology and the Internet changed all that.
But, when we started our product portfolio, we focused the mixed signal requirements first for image processing devices and then in audio applications , targeting our technology into the growing use of digital technology in consumer markets.
But, when we started our product portfolio, we focused the mixed signal requirements first for image processing devices and then in audio applications, targeting our technology into the growing use of digital technology in consumer markets.
I feel really bad for everyone who died on 9/11. Not just the people in the World Trade Center, Pentagon, or Flight 93, but all of the terrorists, too. 'Garden State' came out in 2004. That means none of them got a chance to see it. Let that sink in for a second. No wonder they're building a memorial.
An awful lot of successful technology companies ended up being in a slightly different market than they started out in. Microsoft started with programming tools, but came out with an operating system. Oracle started doing contracts for the CIA. AOL started out as an online video gaming network.
Look, when we were building Area, we were so driven and focused, partly because none of us came from money.
Businesses which were slow to recognize the power of the Internet in the mid '90s were quickly left behind. For example, Blockbuster failed to innovate with streaming technology and filed for Chapter 11 bankruptcy in 2010.
When we started on 'Coraline,' there was a whole host of things that we had no idea how we were going to do. Because we were making films in a way that had never really been done before, we were taking this hundred-year-old art form and bringing it into a new era by embracing technology and innovation.
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