Russ Yarrow,
General Manager, Corporate Affairs, Chevron
In the 1980s, foreign capital from Japan, the United Kingdom, the Netherlands and Canada flowed into the Golden State. In the 1990s, the dot-com bubble attracted significant amounts of investment as everyone tried to grab a piece of the coming IT revolution. But today the picture is murkier: Facebook, LinkedIn and other companies have launched successful IPOs, but California doesn't have its former dominant hold over venture capital investment now that many VC firms are looking overseas for new opportunities. Meantime, many California-based companies are investing to expand outside the state. How can we make the state more attractive to outside investors? How can California build on its historic advantages: its strong entrepreneurial environment, robust venture capital community, globally renowned research universities, and leading export industries such as technology, entertainment and agriculture?
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.
