From the Oval Office to Investor-in-Chief: Obama considers a VC gig next
Geege Schuman stashed this in Venture Capital
I could see it.
In a recent interview with Bloomberg, the president suggested that venture investment may be just the thing for his post-presidential career.
Throughout his presidency, Obama has been spectacularly tech- and small-business friendly, including memorable appearances at Austin’s South by Southwest festival, the launch of Startup America, the first-ever hackathon in the White House and a ton of other initiatives. During his presidency, he also has shown an unusually big interest in Silicon Valley and the innovation that happens in the nation’s other startup clusters.
It stands to reason, then, that once Obama has taken the vacation to end all vacations (I’m sure he could do some beach time, a margarita or two and catch up on Game of Thrones), a leap into the world of startup investing isn’t such a long stretch.
“The conversations I have with Silicon Valley and with venture capital pull together my interests in science and organization in a way I find really satisfying,” Obama, CEO of the United States, said to Bloomberg. “The work we’ve done to try to build off of breakthroughs in the human genome; the fact that now you can have your personal genome mapped for a thousand bucks instead of $100,000; and the potential for us to identify what your tendencies are, and to sculpt medicines that are uniquely effective for you. That’s just an example of something I can sit and listen and talk to folks for hours about.”
Something tells me he’s going to regret saying that; he will probably find that [email protected] is going to be chock-a-block with 10-slide decks from genome sequencing startups from all over the world for the foreseeable future.