Michael Moritz

All you need do is listen to very smart people and sift out the ideas that are unworthy or implausible, and I wouldn't pretend for a moment that I hadn't made lots of mistakes and there are companies, perhaps, that we had been investors in.

If Obamacare is allowed to stand - and Congress is allowed to make the purchase of government-endorsed health insurance compulsory - there will be no meaningful limit on Washington's reach into the lives of the American people. That is certainly not what the Founders intended.

Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.