Consequences of Inaction
KP www.kpcb.com USA Inc. | Consequences of Inaction 413
To Take a Step Back...
e We Asked the Question
— How would public shareholders view USA Inc.?
e What Have We Found?
— USA Inc.’s finances — short-term and long-term, income statement and balance sheet — are challenged. Management’s policies have created incentives to invest in healthcare, housing, and current consumption rather than in productive capital, education, and
technology — the tools needed to compete in the global marketplace.
KP www.kpcb.com USA Inc. | Consequences of Inaction 414
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