And the arena has always felt like a meritocracy, though there were never many women. Women have taken on work as an important dimension of their lives. It does not mean that they don't face a lot of challenges. But I can see it in star portfolio companies. But the number of women is multiplying, as are the number of role models, and the number of people who are figuring out how to balance the demands of leading a company in a fast-growth industry.
More people are willing to be entrepreneurs.
Even business schools say it's challenging to keep top students there for two years. That change happened just in the last 48 months, where the entrepreneur has become the focus of the world economy. In March, you will address about 300 female MBA candidates at UCLA about the new opportunities they have to advance in business. You will never be fully equipped for your job, especially in an emerging growth industry. Your commitment cannot be the assumption of knowledge, but the assumption that you'll always need to learn more.