McNealy warned against a growing public sector taking over the private sector, calling it the one threat to all technology companies. Growth in the public sector will drive out innovation, he said. The Obama administration's stimulus spending "is just spending more than you have," McNealy said.
These days, McNealy is chairman of two startup ventures, including Flogton, which is "not golf" spelled backwards and presents an alternative mode of playing golf. McNealy described the other venture as a "stealth" startup.
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