[IP] Interesting interview with Amar Bose
Begin forwarded message:
From: Bob Frankston <rmfxixB0406@xxxxxxxxxxxxxxxxxx>
Date: October 26, 2004 2:43:32 PM EDT
To: David Farber <dave@xxxxxxxxxx>
Subject: Interesting interview with Amar Bose
I just found it though it’s been available for a while. It’s in the
October issue of Discover Magazine
http://www.discover.com/issues/oct-04/departments/discover-dialogue/
One point he makes is that he has kept the company private so he can
put all of the profits into research and scientific endeavors. It’s a
sharp contrast with the entrepreneurial enthusiasm that forces public
companies into treating research as a drain on profits. While I
understand the importance of public companies being answerable to their
shareholders, we do pay a price as society focuses on the short term
and is not sufficiently curious. Of course as one who puts money into
companies I do like the idea of getting some of it back … but that
doesn’t help me much if I can only choose among the best of the past
rather than having new opportunities.
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