Network News

X My Profile
View More Activity
Posted at 12:13 PM ET, 02/25/2011

Mary Meeker's plan to turn the country around

By Hayley Tsukayama

"Queen of the Net" Mary Meeker, now an analyst at Kleiner Perkins Caufield and Byers, issued a report that argues that the United States should invest in technology, research and development on its path to economic recovery.

The report, "U.S.A, Inc.," is a comprehensive look at the federal government's finances, and Meeker applies her business sense to suggest the best turnaround plan for the country. One of Meeker's main focuses is on U.S. investment in technology, infrastructure and education. Technology, Meeker says, improves communication and lowers the costs of providing goods and services. It also drives wealth and job growth, the report says.

According to Meeker, the government has been cutting back its investment in technology research and development for decades, and private companies have picked up the difference.

The former star analyst at Morgan Stanley was dubbed "Queen of the Net" by Barron's in 1998, based on her optimistic forecasts on the growth of the Internet and Web firms such as eBay, Amazon and AOL. After the 2000 dot.com bust, however, the Securities and Exchange Commission accused Morgan Stanley of skewing its research and not properly supervising its analysts, including Meeker. She has since recovered her reputation as a keen predictor of Internet trends.

The full report is below. Meeker outlines her argument for tech investment around page 200:

USA Inc. - A Basic Summary of America's Financial Statements

By Hayley Tsukayama  | February 25, 2011; 12:13 PM ET
Categories:  Tech for Development  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: The Circuit: Google changes search algorithm, Huawei asks for investigation, PayPal explains WikiLeaks flap
Next: The Circuit: Gmail accounts wiped, Verizon denies low iPhone sales, Congress reworks patent law

No comments have been posted to this entry.

Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 
RSS Feed
Subscribe to The Post

© 2011 The Washington Post Company