>>people like henry nguyen, a harvard graduate, who heads a venture capitalist company in ho chi minh city. >>i guess i'll co-opt a phrase from the clinton campaign, it's the demographic stupid, you know, like it's this is a young up and coming country, people here are very ambitious, very optimistic, very hard working and because of that you basically have a country really that is literally on its way up, it's growing up right before our eyes, i don't consider myself that old of a person but 70% of the population is younger than i am, and that makes me kind of a grey hair here somewhat prematurely... >>reporter take this internet technology company. >>the average age here is 28; they're designers, programmers, and marketing >>the ceo was a former champion gamer, who successfully bet on vietnam's young workforce & hungry consumer habits. >>we've seen things happening in the last five years and we say, like, you know, with internet coming in, with technology being introduced to people we could become the brain of the world, i mean competing with the best brand out there >>reporter: the

what's changed here is it used to be before a company went public, only experts-- people like venture capitalists-- could decide where they that you the company was going. now you can go and buy shares that may have been made available by some facebook employee in places like second markets and shares post even before the company is public. and as a result of that, investors who don't have a whole lot of information that they would have about a public company are saying, i have to get in on this. i don't care what the price is. and that's really what drives some of these valuations. >> suarez: but when a company is public it has to disclose a lot of things about its interior workings so someone who buys a share has some transparency. does this secondary market fly under the security and exchange commission's radar? >> well, in order to be involve in the secondary market you basically have to say i am an experienced investor, and i understand the risks. but in fact, there are enough people involved here that are not professional venture investors that you do have to wonder about that. i think the

, we have government- fund research that pushes up the boundaries so venture capitalists can pick the flowers and start new companies. you look at our history and those five this, education, and the structure, the right rules for capital formation and government-funded resources have propelled us going back to hamilton. and about that -- think about lincoln in that civil war, he creates the land grant universities in all of your states and build the national railroad connecting the atlantic with the pacific and passes the homestead act. he starts the national academy of sciences. teddy roosevelt, eisenhower -- these were all great builders of our formula for success. governors, i am sorry to tell you, but look at all five indices of our formu for success today, education, immigration, infstructure, rules for capital formation, how did you like that subprime crisis? government-funded research -- all five pillars of our formula for success are today eroding and in peril. this is the greatest public- private partnership. this is the real source oour strength. that's what our debate should be about. what do we cut becau

we have government- funded research that pushes up the boundaries so venture capitalists can pick the flowers and start new companies. you look at our history and those five things, education, and the structure, the right rules for capital formation and government-funded resources have propelled us going back to hamilton. and about that -- think about lincoln in that civil war, he creates the land grant universities in all of your states and build the national railroad connecting the atlantic with the pacific and passes the homestead act. he starts the national academy of sciences. teddy roosevelt, eisenhower -- these were all great builders of our formula for success. governors, i am sorry to tell you, but look at all five indices of our formula for success today, education, immigration, infrastructure, rules for capital formation, how did you like that subprime crisis? government-funded research -- all five pillars of our formula for success are today eroding and in peril. this is the greatest public- private partnership. this is the real source of our strength. that's what our debate should be about. what do we c

venture capitalist. suzuki first noticed how powerful these tides were when he was the captain of a cargo ship. four years ago, he started his own companyconvert tidal power into electricity. turbines with propellers are placed in the water. when the tide goes in or out, the propellers turn. the rotational force is sent to a generator above the water which converts the energy into electricity. water is much denser than the air that pushes wind turbines so tidal power is more efficient with less wasted energy. >> there are so many places like this around us. tidal power could be a huge asset to japan. we should use it effectively. >> reporter: suzuki's company spent three years inventing a uniquely shaped turbine. they found inspiration in tuna, which swim at extremely high speeds. the streamlined tuna shape avoids clogging from seaweed and helps the turbine spin more efficiently. even when the tide changes direction, the turbine adjusts with no energy wasted. last year the company began tests with the turbine that can generate five kilowatts of electricity, enough to power an entire house. however, an unexpected event set the project ba

we have government- funded research that pushes up the boundaries so venture capitalists can pick the flowers and start new companies. you look at our history and those five things, education, and the structure, the right rules for capital formation and government-funded resources have propelled us going back to hamilton. and about that -- think about lincoln in that civil war, he creates the land grant universities in all of your states and build the national railroad connecting the atlantic with the pacific and passes the homestead act. he starts the national academy of sciences. teddy roosevelt, eisenhower -- these were all great builders of our formula for success. governors, i am sorry to tell you, but look at all five indices of our formula for success today, education, immigration, infrastructure, rules for capital formation, how did you like that subprime crisis? government-funded research -- all five pillars of our formula for success are today eroding and in peril. this is the greatest public- private partnership. this is the real source of our strength. that's what our debate should be about. what do we c