He's changed that impression by marketing the bank's services first and foremost to the venture capital community. We all feed off each other. After doing triage to sort out the deals, the best of the lot are sent on to those investors David thinks would be interested. Nowadays, he said even the best of ideas need a very strong team to get funding. Optical is still happening.
Some deals are even over funded.
There is still a tremendous amount of capital to be invested. There are billion-dollar funds happening all over the place. There's a lot of morphing going on in the Valley. In college days, David had planned to go into international business. He even took the unusual step of spending a year at Nijenrode business school in The Netherlands.