Colin Powell as venture capitalist

"The announcement that Colin Powell, former secretary of state and military bigwig, is joining a venture capital firm here in Silicon Valley... is both fascinating and less important than it sounds. Big law firms collect and stack up top former government officials like cord wood. Why not VC firms, which have more money to offer?," writes Dan Gillmor.

"...look, Powell isn't going to have much direct involvement with the firm. The fact that he owns a couple of mobile communications devices and has three computers in his office is just about irrelevant. His son, former FCC honcho Michael, has forgotten more about technology than the father will ever learn

...It's interesting, by the way, that in all the coverage of Powell's semi-move to KPCB no one has mentioned the man's most notable act in public life...his performance before the United Nations Security Council on Feb. 3, 2003, when he made the case that Iraq's regime had developed and was deploying weapons of mass destruction... a disgraceful performance.

The tech industry is famous for false promises. Those, thankfully, don't lead to the losss of tens of thousands of lives and so much national treasure." (Gillmor)

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