Interesting interview with Amar Bose

[David Farber <dave () farber net>]

Begin forwarded message:

From: Bob Frankston <rmfxixB0406 () bobf frankston com>
Date: October 26, 2004 2:43:32 PM EDT
To: David Farber <dave () farber net>
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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