Bill Maris, president and managing partner of Google Ventures, told CNBC's "Power Lunch" Wednesday more about the VC firm's investment mission to help entrepreneurs improve the world by working on problems such as cancer treatment, urban transportation, and energy use.
"First, I care about the founders. (Larry Page and Sergey Brin). What's their vision? What are their values? How big of a company do they want to build? How do they want to change the world.? Secondly, how is this going to effect the world? Is it going to help people? Is it going to make the world a little bit better place? If the answer to those two things is 'yes,' you probably have something interesting."
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Ultimately, Maris believes the future of life sciences is "under-appreciated" and ripe for opportunity.
"We are trying to do what scientists, physicians and researchers have done for many years," Maris said. "To try and find ways to prevent and cure disease so we can hopefully live longer, more vigorous lives. "
And the best way, according to Maris, is to match the power of technology and the resources of venture capital together with a dash of good-old fashioned ingenuity .
"If you think of what smartphones can do and what happened to computers between 1970 and today has been interesting and amazing," Maris said, "Then if you look at the life sciences and what the next fifteen years hold, you haven't seen anything yet."