Perkins talks about his outlook on venture capital and how it has been influenced by the economy. He credits California with providing the best place in the nation for ventures to thrive. Perkins predicts that some of the new ventures will need more capital to survive. Perkins also discusses how new technologies have created more opportunities for profitable investments. He focuses on four major areas of interests: the semiconductor industry, online data base systems, satellite peripherals for new types of communication, and molecular biology for pharmaceutical advancement.