Joi Ito, Investor

Joi Ito is an investor in early stage internet projects, and he has backed some big successes including Twitter and Flickr.

He thinks that about one in ten of these start-ups returns a decent amount, but the big ones - the Googles and the Yahoos - come once every five years.

The trick he says, is to be in position when they arrive and his formula for doing so is a curious mix of networking, Buddhist philosophy and serendipity.

Available now

28 minutes

Last on

Mon 2 Aug 2010 03:32 GMT

BBC World Service Archive

BBC World Service Archive

This programme was restored as part of the World Service archive project