i assume doj and inspector general is still michael horowitz? >> it is. >> i've got to tell you, he's, from where we sit, he's a pretty good balls and strikes caller. he's a fair guy. all my dealings with him, he's been kind of straight down the middle. so when i see that he has concluded that even as the number of judges increases, the disposition number of those judges decreases, that catches my attention because it makes me think maybe something else is going on and it's not just more judges. i don't want to minimize -- i mean, if that's the explanation, then that's the explanation. but when mr. horowitz says that may not be the full explanation, what else could be going on? >> mr. chairman, i do think that the single biggest reason for the caseload is the shortage of judges over the last few years. i don't think that you can lose as many judges as we did at a time when enforcement was going up and not have that be a significant impact on the caseload and on wait times. we have -- we have taken a look at this issue repeatedly. we've kicked th

i assume doj and inspector general is still michael horowitz? >> it is. >> i got to the you, he's, from where we sit, he's a pretty good balls and strikes caller. he's a fair guy. all my dealings with him, he's been kind of straight down the middle. so when i see that he has concluded that. even as the number of judges increas increases, the disposition number of those judges decreases, that catches my attention because it makes me think maybe something else is going on and it's not just more judges. i don't want to minimize -- i mean, if that's the explanation, then that's the explanation. but when mr. horowitz says that may not be the full explanation, what else could be going on? >> mr. chairman, i do think that the single biggest reason for the caseload is the shortage of junls over the last few years. i don't think that you can lose as many judges as we did at a time when enforcement was going up and not have that be a significant impact on the caseload and on wait times. we have -- we have taken a look at this issue repeatedly. we've kicke

i assume doj inspector general is still michael horowitz? >> it is. >> i got to tell you, from where we sit, he's a pretty good balls and strikes caller. he's a fair guy. all my dealings with him, he's been kind of straight down the middle. so when i see that he has concluded that even as the number of judges increases, the disposition number of those judges decreases, that catches my attention. because it makes me think maybe something else is going on and it's not just more judges. i don't want to minimize -- if that's the explanation, then that's the explanation. but when mr. horowitz says it may not be the full explanation, what else could be going on? >> mr. chairman, i do think that the single biggest reason for the case load is the shortage of judges over the last few years. i don't think that you can lose as many judges as we did at a time when enforcement was going up, and not have that be a significant impact on the caseload and on wait times. we have taken a look at this issue repeatedly. we have kicked the tires. we have looked u

emily: andreessen horowitz has perpetuated this idea that good vc's need to be former founders or ceo's. of which you are neither. sir michaeli think it's important to tell from someone's background whether they will be successful in the venture business. we have a lot of companies that sequoia. let there is room for lots of other people to succeed as well as. being in business is also different from running a company. people like us, we are not running the company. we are trying to help the company as much as possible. the other thing people miss is we are working very hard on building our own organization, because unless you have that at the heart of everything, you cannot make consistent investment. emily: you say in the book, the minute you think you were winning, that is dangerous. sequoia may be the most successful venture capital firm in history. what do you do to evolve the firm and stay on the edge? sir michael: showing up for work every day. i know -- emily: a lot of people show up for work every day. they are not sequoia. sir michael: it's true, but it's easy to start easing back and not working quite as hard. and