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Right where to stay here now Los ails our first guest to have to be onset -- view is -- president and CEO of the red Herring dot com the red -- of course.
Wanted Alex into the red Herring has put up their list of the most innovative companies in the country -- you guys -- around here Steve sneak back.
-- you guys do every year.
You had a big event last night right that's absolutely what what what are you guys seeing out there right now again did Alex is with the red Herring dot com you can find them online.
What what out there right now is something that is maybe -- of the 100 you guys came out what -- -- would of the top three or for the really.
Stand -- well.
Every year there are some companies which stand out for what they're doing.
This year's a particularly year it seems that after 2008.
And indeed a crisis.
Of achievement of -- -- Norris has gone up.
And deter racial of the companies under achievements I've gone up we see more companies which have achieve 400 million dollars in sales.
Over three or four years of five years of existence.
We see more companies which would have been public by this time we show today and it's still private.
The same -- that didn't -- book was -- think you've -- billions of dollars.
We see it on to who knows what to 85 year old.
Or thirty year old -- 6000010.
Million users across the world.
We see companies which -- assaulting huge problems with very little funding.
And we see we see companies which are extremely mature and profitable and so innovation -- -- its best it seems that America is back.
What are obviously the venture capitalists a lot of them come to your event that you notice what you guys do the talk about the kind of thing what are some of the the -- some of the places they're putting their money and.
-- chips there's been 25 billion dollars fourteen venture capital this year.
In 2011 there was 25 billion dollars put things in May of 2010.
And and it to 25 billion dollars worth puts.
Twelve billion dollars and in in a Silicon Valley and -- billion dollars in -- -- in California at three billion dollars in.
Boston and -- it equally in New York.
Which is -- pretty new phenomena and one thing -- which is happening is that they're putting money a lot of money in that -- -- cloud computing space because cloud is redefining the way computing is made.
They're putting a lot of money indeed data because -- lot of companies.
Mass of data that -- to sift through and decipher and to make it intelligent and to find out information.
They're putting in security because security is an extremely important as you just mentioned in Europe in -- recent portion of your program.
And your putting this that their money equally in it Biotech traditionally and we -- a number of companies and each of those field.
-- in the field of of Biotech for example we had a company which is solving the big problems today.
Which is the book called my problem the -- Coleman is you know that people become blind.
And that's company would she -- -- Kos is helping people are across America and instead of having -- strange put into your eyes.
They are definitely defiant finding the solution which is non intrusive.
And -- transforming the -- and education and old cure of that it was up paying for the human being and that's helps people not only here.
But across the globe and there are millions of people were touched -- that.
Security and data to world you have companies like -- -- which is a phenomenon if your company which is going to face most likely.
Future like dizzying so that FaceBook because he just raised 56 million dollars at 700 million dollars valuation.
Before but it's more than most of public companies whereas -- They go public and if this sifting through data and -- semantic -- intelligence.
Behind the data and it helps -- communities such as a CIA.
It helps us find did you -- it helpful to intelligence community across the world.
And find information which are.
-- -- -- Dug into into the database -- that they can they do to -- You have companies which are modifying the way.
The -- by -- is working.
And you a number of them which are enabling people to do commerce and to do payments and it's what we used to be a big issue before.
Is going to become almost -- -- And animal body and.
Yet you mentioned that way to do payment of course that's very important topic especially with somebody up opportunities in and -- -- hardware -- out there you can plug in your iPhone is like Ricardo.
Other companies that they're like a FaceBook that where you might have a community involvement I mean because the pay interest -- the first one that was.
Along those same lines but it really kind of took a step in a different way we talked about this of the guest earlier about how Google+ is out there in the new.
The new being in board they call it that.
Any update this kind of like well that's different but I can instead -- -- -- -- this might Mikey might be the next thing.
Oh did they are eight the past three days we so.
Which -- -- for future.
It doesn't mean that it's like.
In Indy in to draft you have.
-- great quarterback in college you don't know if they're gonna do well when they're pro.
Then you have great companies when they have become red -- 100 you don't know they're gonna become great public companies -- Doug great private companies for the moment.
And they are capable today of showing that they are.
Able at this stage to achieve it it's -- that most companies don't achieve.
And there are some of them being that.
Indeed in the networking industry there are some of them indeed social world and terrorists some of them like as an off which is a Canadian company.
Days which is capable of helping you when you look for -- the wine bottle.
And it's not only sends you it doesn't send you like most of the the URL based searches.
Send you to to a place where you can buy.
-- a bottle wine but it helps you find the best -- way.
And it helps you find not only.
The location but also the product that you want it's at least one level beyond and this isn't going to put.
This bust generation was cool but but the generation before was -- but those people coming out.
There and they're transforming not only -- -- with these things but do we do we do things and do we wouldn't have sex.
Block -- -- much appreciated the red Herring dot com you can find -- you can follow then that digital Herring that's their Twitter.
Feed as act digital Herring -- DI GIT -- LH ER ING and again the red Herring dot com has the 100.
Most innovative content companies in the country announced -- last night.
Letterman tonight still and are you guys don't we we're done you're done we done good a couple of days -- Los Angeles -- that it's cool to be you know -- Alex view much appreciated.
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