Melvin Goldman is recently retired from his position at the World Bank. He is a Visiting Lecturer in the Entrepreneurship and Personal Enterprise Program at Cornell University.
Goldman joined the Peace Corp after graduation from college. He taught math and science in Nepal and began a mathematics program with some Nepali colleagues for high school students in various parts of the country. Later, he set up the first private consulting firm in Nepal with some young Americans. The firm is now 27 years old and 100% Nepali.
Goldman then went to Princeton and studied economic development at the Woodrow Wilson School, after which he joined the World Bank. From 1982 to 1985 he was in charge of the office in Colombia and lived there. Then, he worked for 12 years on industrial technology development in various countries, mostly Asian.
He has now retired from the World Bank and has started a venture capital operation with some Indian colleagues to invest in technology companies in India.
Goldman and his wife now live on a vineyard in the Finger Lakes region of New York. He holds an undergraduate degree from the Massachusetts Institute of Technology and a Master's Degree from Princeton.
Everybody said two things when the venture capitalists started in India. One, they're family firms. Nobody's gonna want to exit, nobody's gonna want to get out. Secondly, where's the demand? Did you measure demand? Well, the old adage, supply creates it's own demand, if you think that there is ...(Full transcript available to logged in subscribers.).
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