The Oasis of Innovation
As the world economic crisis rages on, we will soon experience the effects of negative earnings and growth caused by a retraction in global GDP. We are now on a lengthy sojourn through a desert of retrenchment brought about by unprecedented dislocations in credit markets. The global consumer is intimidated by fear and is reacting emotionally.
But, while the public markets are reeling, there is an oasis on the horizon. That oasis is an island of entrepreneurs whose product is change. Change brought about by significant innovation, the prime mover of our economic engine and I assure you, it is alive and well. I am struck by the sheer excitement and energy caused by the parade of entrepreneurs that present highly disruptive technologies that we review everyday at Genovation. The creativity and the resourcefulness of the innovators spirit is the backbone of American economic might and it will lead us, again, to a new plateau of prosperity.
I am heartened by the creativity and the energy of the innovators spirit. The time to invest is now. Those investments targeting the truly disruptive changes in communications, media and the Internet, will yield uncommon returns.
–Vin
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