baby boomers

 No new technology -- huh? Sometimes ya gotta wonder. Listening on a call to a group of senior housing executives recently, I was intrigued by the comment of one of them: "There isn't any new technology."  The context was a rationalization of the technology areas they are currently engaged in (home monitoring, senior communication). I was reminded of that old cliche: "You snooze, you lose." In this as in all technology categories, every day an entrepreneur wakes up and says to themselves, 'I can do that.' I know -- I hear from them.

When boomers age, tech talks, but VCs are elsewhere.  At the SCU Boomer Business Summit, Intel Capital finalist judge, Nancy Kamei, tossed the bucket of cold water onto an audience of entrepreneurs dreaming of VC investors -- she said she and her peers agree that this is the worst of times, the worst investing climate in 22 years. And maybe that is true for those who would seek venture capital to fund their startup.