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Brockman: Funny, every time I utter the words "non-profit foundation" to digerati, their eyes glaze over as their heads slowly nod into hypnotic sleep.

Doerr: That's the conventional wisdom about Silicon Valley. But, often conventional wisdom is wrong. There's a growing sense of responsibility and philanthropy in our community. It's private, it's anonymous and it's personal, as opposed to corporate. As computing and communications converge, we're using public resources and airwaves to deliver our products and services. Privacy, encryption matter. Our greatest need is better educated citizens. The Valley (some would say finally) is growing up.

Brockman: Is there a political career in your future?

Doerr: The only office I'm running for is partner of the next KPCB fund.

Brockman: The people who rant against Bill Gates seem to forget how many jobs he has created. Can you project how many jobs you and your colleagues at KPCB have helped to create?

Doerr: At year-end 1995 - 131,000 jobs. Since the virtual corporation is the rage, every year we put together a virtual annual report. If viewed as a single keiretsu, at year end 1995 KPCB ventures had 44 billion in revenue - and were worth some 84 billion dollars. Obviously the credit for this goes to the entrepreneurs, but we're proud to have helped.

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