. >> cuban started the company compuserve and hg net. now he hosts a tv show that invites entrepreneurs to pitch ideas and sometimes invest in them. >> it's exciting. his show is a hit. they probably stole the idea from this old pbs show. >> looking for money to grow, we call it "money hunt". >> he has a product that's very good, but what will make it marketable. >> i love the idea for your business. >> every time you think this guy has gone over the rainbow, he keeps sucking you back in. >> the speaker there was entrepreneur miles spencer. here he is almost 20 years later. now you just don't give them advice. you're investing in companies. >> yes, both cash and mentorship and leadership. >> what about this theme the dream is dead? >> absolutely not. i don't think the dream is dead. it certainly dies in certain sectors. every time a dot com failed a few years ago, a google emerged. >> one thing featured on the show was pirate brands. they make stuff like smart puffs, pirate booty. miles gave a ceo advice and you helped him. >> a couple s

john: cuban started compuserve, hd net and broadcast.com, he sold that company to yahoo! billion dollars. now hosts a tv show that invites entrepreneurs to pitch ideas and sometimes invest in them. >> $500,000 for 45% of the company. john: it's exciting and it shows a hit. probably stole the idea from this old pbs show. looking for money to grow. we call it money hunt. >> he's got a product t very good. what will make the market different? >> i want to reposition your entire company already. >> every time you think this guy has gone over the rainbow, he keeps suck you back in. john: the speaker there was entrepreneur miles spencer. here he is almost 20 years later. and now you don't just give him advice, you are investing in companies? >> that's correct, both cash and most importantly is the mentorship and advice, team building and leadership. john: what about the scene, the dream is dead? >> absolutely not. i don't think the dream is dead it. dies in certain sectors, creative destruction is what built this country, that's what many companies are built upon. every time a

at time for the congressman and he is another apartment to get to but we certainly appreciate compuserve'sour country and addressing these issues. >> thank you. [applause] [inaudible conversations] >> we will go ahead and shifted to the second part of this program. we have to noted speakers. we will be starting with the doctor to your right, my far left, and then follow it up by mr. roberts iraqi, to my immediate left. i will start with biographical background for doctor holmes contesting the shelter at the heritage foundation what he is leading the work of defense, the defense and foreign policy team for more than two decades. heritage vice president for foreign and defense policy studies and director of the davis institute for international studies from 1991-2012. with a bit of service, interlude as assistant secretary of state for international organization affairs during the first term of the george w. bush administration. he previously directed heritage team of foreign and defense policy experts, including the center for foreign policy studies, asian studies center, center for interna