35 Burst results for "Company Founder"
The BOB & TOM Show Free Podcast
"company founder" Discussed on The BOB & TOM Show Free Podcast
"Time in television history of pregnant women crowd over chocolate cake. Well, who came up with that? You're not the father. You're the father of the pregnancy test. Wow. Another despicable. You know there was a time when not Maury shows they didn't have a pregnancy test on them. Exactly. And then they went, oh, our writings. We gotta do this every show. Yeah, this works. Wow. What an awful idea. Jerry is no longer with us. No. Did you see that at AI radio station? Did the obituary? No, I didn't. Is that right? It's a Jerry Springer died. Paul bearers will be four. Tiny lesbian elephants. He got those. He got them to come back and do the okay. Very, very, very. Son of a gun. What else is happening, Christie? Japanese company that have been hoping to get a lander on the moon set its spacecraft likely crashed on the lunar surface. Oops. More than 6 hours after communication ceased, the Tokyo company ice base confirmed that there was a high probability that the lander had slammed into the moon. You know what? Good for them, though. They're telling us. Yeah. Unless they're instead of lying about it or yeah, they're covered up. They're saying it probably crashed. Right. Meaning it could have also been taken by aliens. Screw it up. If all had gone well, ice base would have been the first private business to pull off a lunar landing. Though the four and a half month mission ended unsuccessfully, the company's founder and CEO Takashi hakamada vowed to try again. He said a second moonshot is already in the works for next year. Sure. Musk say the same thing when his thing exploded. Right? Yeah, we learned some stuff. We'll do it again. How would you like to be the guy that is to get on the next one? Well, this was a man. Good. Yeah. In the case of the Russians, it's always that we know of.
WTOP
"company founder" Discussed on WTOP
"Airlines. The nationwide ground stop for all Southwest flights was lifted about 30 minutes after it began. The airline paused to flights after a technical issue with its app and website, around ten 30 this morning, but the ripple effects continue across the country more than 1700 Southwest Airlines flights have been delayed, and this region BWI reporting now 102 Southwest delays. Reagan national with 46. Southwest says all affected customers can rebook, delayed flights at no charge. Opening statements expected to begin soon in the dominion voting systems $1.6 billion defamation lawsuit against Fox News. In what's considered the most important libel trial in decades. Jury selection for the trial and Wilmington Delaware finished up this morning and the judge has given the panel its instructions. Dominion claims Fox News defamed the company by allowing allies of former president Trump to go on the air and falsely accuse the company of trying to rig the 2020 election to keep him from winning a second term. Many of Fox hosts and executives didn't believe the claims, but allow them to be aired nevertheless. Fox News stars, Tucker Carlson and Sean Hannity, as well as company founder Rupert Murdoch are expected to testify. A Russian court upholds the detention of Wall Street Journal reporter Evan gerskovic on charges of espionage. He was in Moscow city court today for his first public appearance in weeks. The newspaper denies the spy accusation and the State Department says he's been wrongfully detained. The U.S. ambassador to Russia lend Tracy is calling on the Russian Federation to release the journalists and other Americans being detained. We will continue to provide all appropriate support to Evan and his family. And we expect Russian authorities to provide continued
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"Can work out a solution on the debt limit with President Biden before the U.S. reaches default. I think our first meeting was a good meeting. I want to put it in any false perspective. So we both have different perspectives on this, but I thought this was a good meeting. We promised we would continue the conversation. We'll see if we can get there. I think at the end of the day, we can find common ground following his first White House meeting since becoming House speaker McCarthy said that omnibuses will not be seen any longer. At least 6 people are dead in Texas due to a winter storm sweeping across the south in Austin and eastern Texas roughly 340,000 people have reported power outages. The FBI's investigating New York congressman George Santos in an alleged GoFundMe scheme, a navy veteran made allegations that Santos swindled him out of $3000 that had been raised in 2016. I'm Brian chuck. And I Brian courtesy in Hong Kong let's get you caught up on this hour's top business stories and the markets. The adani crisis in India is worsening. Citigroup's wealth arm has stopped accepting securities of the adani group as collateral for margin loans. It follows a similar decision by Credit Suisse. In the meantime, adani enterprises says its decision to withdraw a share sale will have no impact on existing operations and future plans. Company founder Gautam Adani said that the fundamentals of the company are strong. A Donnie pulled the $2.4 billion sale yesterday and shares were down 28% more from Bloomberg's annabelle jewelers. The sale was withdrawn after a renewed slump in shares of adani enterprises and its sister firms. Those declines accelerated when Bloomberg reported Credit Suisse stopped accepting a Dani bonds collateral for margin loans. Adani enterprises said it pulled the sale to insulate investors in the offering from potential losses. The sale had been slightly oversubscribed as of yesterday, thanks to the backing of institutional investors, many of those bids came in the offerings final hours. It was seen as a victory for adani. Shares in the group's companies have been under pressure since the release of a critical report by U.S. short seller Hindenburg research, adani is working to refund any proceeds of the sale received in escrow. Donny enterprise stock down another 6 and a half percent in this morning's trading. Fed chair Jerome Powell says the Central Bank has made progress on inflation, but that more work needs to be done. My colleagues and I understand the hardship that high inflation is causing. And we are strongly committed to bringing inflation back down to our 2% goal. Over the past year, we've taken forceful actions to tighten the stance of monetary policy. We've covered a lot of ground and the full effects of our rapid tightening so far are yet to be felt. Even so, we have more work to do. The fed did raise interest rates today by 25 basis points. Meta jumped 19% in late trading after results topped expectations after the company announced a $40 billion boost in its share buyback plan. Asian stocks have moved to a 9 month high on gains in rate sensitive technologies stocks across the region, TSMC, Samsung in Tencent have given the biggest boost to a key Asian index, the MSCI Asia Pacific index. Now up about 7 tenths of 1%. The index is up four tenths of a percent. The CSI 300 in China up about a tenth of a percent, and the nikkei also up a similar margin. Dollar yen, one 28 51, the dollar weaker, the end stronger, this morning, and WTI crude, 77 O 9 a barrel. Global news powered by more than 2700 journalists and analysts in a 120 countries. In Hong Kong I'm Brian Curtis, this is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of the Tay podcast, a conversation
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"DoJ's lead to ensure there's a thorough review. His remarks came just hours after the FBI searched Biden's home in Rehoboth beach Delaware and found no classified materials. Vice president Harris says the country mourns with the parents of Tyree Nichols. We have a mother and a father who mourned the life of a young man who should be here today. Harris traveled to Memphis to attend Nichols funeral. The vice president said the violent act that led to his death was not in the pursuit of public safety. At least 6 people are dead in Texas due to a winter storm sweeping across the south. The weather system has also battered parts of Arkansas and Tennessee across Austin and eastern Texas, roughly 340,000 people have reported power outages. High school students can now take an advanced placement class on African American studies, Dina kodiak has more. According to the college board, the curriculum took a year to create and has been piloted in dozens of schools across the country. It will be available in about 500 schools in the 2023 24 school year. This is a revised version of the course, the original was blocked by governor Ron DeSantis administration who claimed it was contrary to Florida law. The college board has not confirmed if the changes are a direct result of Florida's rejection. Last year, desantis also signed legislation restricting how racism is taught in schools and workplaces. I'm dinah kodiak. A Texas inmate convicted in the fatal shooting of a police officer is dead after being executed Wednesday night. Wesley Ruiz was put to death by lethal injection after the Supreme Court denied a late request to block it from being carried out. I'm Brian shook. Weather in 2023 is starting off on a wild note. The storm prediction center says there were 124 tornadoes last month. That's the third most on record in January, as only 1999 and 2017 topped it. The Philadelphia Eagles offensive guard Josh sills is facing rape and kidnapping charges. Ricky Chino has more. Just days after the Philadelphia Eagles punched their ticket to the Super Bowl, a member of their 53 man rosters now facing felony rape and kidnapping charges out of eastern Ohio. 25 year old Joshua sills and undrafted rookie out of Oklahoma state has now been indicted by a Guernsey county grand jury, according to the indictment this incident happened back in December of 2019 with sills engaging in non consensual sexual activity while holding the victim against her will. Sills was born in sarahsville, Ohio and noble county, he's due in court, February 16th. Like a scene from a movie some residents of parts of California were startled by loud booms and then low flying aircraft last night, pre tennis has more. The loud boom started just after 10 p.m. and continued for several minutes, just as the booms began, low flying aircraft appeared in the area of Sarah mesa. The booms were felt and heard in Pacific beach, kearny mesa and mission valley. San Diego police say not to worry, was not an invasion, just pre planned, pre authorized military training. The military is also conducting live fire exercises at camp Pendleton in north county until the 5th of February. Archeologist in Iraq say they found an ancient pub dating back to 2700 BCE. CNN reports researchers in lagash found the tavern 19 inches below the surface. It was split into an open airspace and a room with seating and oven and ancient food remains. It even includes a 5000 year old refrigerator. I'm Brian shook. And I'm Brian Curtis in Hong Kong. Let's check this hour's top business stories and the markets. Citigroup's wealth arm has stopped accepting securities of the adani group as collateral for margin loans. It follows a similar decision yesterday by Credit Suisse. In the meantime, adani enterprises says that its decision to withdraw a share sale will have no impact on existing operations and future plans. The company founder, Gautam Adani, said the fundamentals of the company are strong. Adani pulled a $2.4 billion sale yesterday after shares fell. 28%. Fed chair Jerome Powell says the Central Bank has made progress on inflation. The fed did raise rates by 25 basis points. The smaller move followed a half point increase in December and four jumbo 75 basis point hikes prior to that. After today's decision, Powell was asked whether he was worried about easier financial conditions in markets. He chose not to push back on the point. It is important that overall financial conditions continue to reflect the policy restraint that we're putting in place. In order to bring inflation down to 2%. And of course, financial conditions have tightened very significantly over the past year. I would say that our focus is not on short term moves, but on sustained changes to broader financial conditions. And it is our judgment that we're not yet in a sufficiently restrictive policy stance. Which is why we say that we expect ongoing hikes will be appropriate. Pal added that it's gratifying to see the disinflationary process playing out, but that there was more work to be done. Meta platforms reported better than expected sales during the holiday quarter and the shares shot higher. Let's get details from Bloomberg Charlie pellet. Meta saw strong demand for advertising as it attracted more users to its Facebook social network. It said revenue for the fourth quarter was $32.2 billion, that compared with Wall Street estimates of 31.6 billion. CEO Mark Zuckerberg said meta is making progress with its investments in artificial intelligence, particularly for improving the videos it shows users on Facebook and Instagram. The company is recovering from the worst year for its stock in history. And the stock was up nearly 20% in after hours. Let's get a closer look at the markets now. Adani is trading down more than 10% in Mumbai and the sensex index itself is down about 8 tenths of 1%. The hang seng index is up about a half of a percent, the nikkei rallying two tenths of 1% and looking at Taiwan the Thai X is up about 1%. The dollar weaker, so strength in the yen, dollar yen, one 28 60, yield on the ten year treasury, 3.40%. Global news powered by more than 2700 journalists and analysts in more than 120 countries. In Hong Kong, I'm Brian Curtis. This is Bloomberg.
Telecom Reseller
"company founder" Discussed on Telecom Reseller
"Can pretty much go from anywhere that one of our customers wants to start to finish. And we do conversion for some companies where we actually help them complete their sales. So a ton of it is pure lead generation and qualification, but then all the weight to closure. So you help develop leads sometimes you actually close the sale, and you are for this across the country. We do domestically we operate in three states, Florida, Indiana, and Arizona. We also have operations in Argentina as well as in Glasgow, Scotland. But the majority of our resources are domestic. The reason we have international, obviously, is we have international clients who ask us to cover both language skills as well as time zones. And that gives us that ability to flex our workforce across that paradigm. So you guys have a very interesting workforce, tell me a little bit about that. We do, we do the company founder, wanted to build a business that really supported the incarcerated. And so specifically, we employ incarcerated women in multiple states and we teach them new skills. We teach them how to sell how to market, and we give them a path back to reentry as they graduate from the facilities that they're currently in. And it's a great great platform for us to both provide a service as well as provide a good to those folks who are incarcerated. Now, you personally have had quite an interesting journey within our industry. You've been a senior executive in some other companies as well. Thank you. And so what brought you into televerde? You know, I was at the point of my life where I wanted to lead an organization, but it needed to be the right type of organization. I grew up in rural North Carolina to a single parent, and scouting was my father. And I still believe in that business, that model, if you will, of doing good and better for others. I'm still involved in scouting heavily today. But that really is what helped drive me to come here. I was introduced to the opportunity. I went out to meet the ladies in Arizona. And I left that day with a message back that was one way or the other. If I don't take the CEO role, I'm still going to work with you because I see the good, the telegraphy is providing to our employee base. It's just incredible.
The Voicebot Podcast
"company founder" Discussed on The Voicebot Podcast
"This is episode two 81 of The Voice by podcast. My guest today is Jean Baptiste Martin Oli. He is a CTO developer and tech researcher by training and is now an award winning film producer for a short film created entirely with AI today we have the next evolution of synthetic media. Greetings voice bot nation, this is Brett Keller who hosts the voice bot podcast. We have gathered here for an interview every week for the past 5 years to meet an innovator in the AI world. Sometimes it's a company founder or other industry leader, very often we speak with an engineer or developer, never before have we spoken with an engineer that is also an award winning filmmaker. That makes today unique. Today's episode is the third in a series of interviews we are sharing from the Cynthia conference in September, synthetic media, it's a category of technologies that employ AI to generate text, images, audio, and video, you already know about synthetic media from reading voice box, the daily Cynthia newsletter, listening to this podcast or watching videos in the voice bot YouTube channel. Today we have a talk that weave together synthetic media, voice AI design, storytelling, and a lot of creativity. I know you are going to like it. This interview was conducted at the Cynthia conference in September, which was created by voice bob. There is a companion video which you can find in voice by YouTube channel. Now I recommend you check that out either now or after listening because you can see the short film in its entirety. The audio and script are great, so this is going to be a good experience listening, but you'll be even more impressed with the accompanying visuals. So definitely take a look at that. And by the way, did you know that voice bot has published more than 60 videos on YouTube since June? Yes, more than 60. You should check them out. We have all of the interviews from the Cynthia conference, a couple of webinar recordings. A number of ten minutes on episodes, ten minutes on is that ten minute video interview series that we have with an enterprise user or technology provider about a single conversational AI topic. I encourage you to check that out along with our other videos. Also, while you're on YouTube, please click that subscribe button. We definitely would appreciate the support. You'll get notified when we have new videos published, and you'll also help us with YouTube's nefarious algorithm. So definitely do that. Okay, let me tell you a little bit more about our guests. Jean Baptiste martinoli is a full stack innovator and a pioneer in using generative AI tools to make short films. He is currently with next diva and is the former CTO and cofounder of exo yu, meal planet and qunari world, early in his career, martinoli was a software developer at lotus, which was later acquired by IBM. He's been creating new software with code for 40 years now he is creating short films by prompting the code in these generative AI systems and his first complete work, which he calls extraterrestrial message. When the best short sci-fi film award at the golden mines film festival, just a couple months ago, he didn't plan to build a movie. But it was the best way to test a variety of new synthetic media technologies. He shares with us in today's interview with process, the tools he used and what he learned. I know you're gonna really like it. I enjoyed a tremendously myself. The interview starts off with the audio track of the extraterrestrial film. Then I pick up my interview with Jean Baptiste. Next up, using AI to create an award winning film, let's get started. Across the synthetic media landscape, but in particular, I think in Hollywood and some of the entertainment venues. And that's something that we have for you today as well. So I have a short film that I want to show you. I just headed up one second. Share the screen. And I'm just going to let you watch the film. And then we're going to talk about it with the film's creator. Hello. I am Daria, captain of the spaceship videos. We are at the edge of the galaxy, and we have captured an audiovisual message expressed in standard language. This message comes from an extremely distant point in the universe. I hereby announce that, for the first time in the history of mankind, we have come into contact with an extraterrestrial civilization. I let you discover the content of the message. Humble's greetings to the people of the earth. I am Oreo from the planet multiforme in the galaxy KO sacra. We are very far from the earth. So far from the earth that although we have mastered space travel for several thousand years, we can not envisage such a long journey because it will take us 18 generations..
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"The way, it's almost ski season getting cold out there, Carol. We're going to get a report from our Friends over at Bloomberg pursuits about some pretty cool places to stay around the world. First up, this is our story from our Bloomberg businessweek team at you'll find online and on the terminal, we're going to get an update of course next week about the business of meta platforms when the company releases earnings. In the meantime, the company's founder Mark Zuckerberg isn't saying much about the core platform in business, known as Facebook. I've heard of it. Well, to find out what it means for the world's biggest social media platform. And for its investors, Carolyn Bloomberg radio's Paul Sweeney spoke with business week magazine editor Joel Weber, and the individual who wrote the piece. Business week columnist, max chaffin. Meta, you know, AKA Facebook is a very interesting company right now, because on one hand, you have this enormous and very successful, you know, dominant business, which is social networking and advertising. So dominant that, you know, governments all around the world are worried about regulating it, even possibly breaking it up. We saw they'd have to divest from giphy. And then you have the metaverse, which Zuckerberg is very excited about talking about all the time, and they're really just isn't a whole lot of traction despite tons and tons of spending. You know, and I'm almost mind boggling sums of money that they're spending to try to make this thing happen. Is there traction within for the metaverse? Well, that is super details details. Super discouraging from the point of view of a sort of meta investor, we saw a reports over the last couple of weeks of meta employees not wanting to use their own product, which again, that's sort of discouraging on one level because you'd expect and hope that the people who are building this thing are excited about it, but also because Zuckerberg is pushing the idea that the metaverse is going to make a huge difference for office work, right? That it's not just a video game platform. And the reason he's doing that is because the video game business is actually pretty mature. You know, they've been at this for almost a decade. And the fact that they can't get their own employees to use the platform have a say, we're all going to use it in the future. You know, doesn't bode well. But I do think there's an interesting kind of strategic decision here that this may be a way from consumers and toward the corporate world. Right, so if you watched connect, which is their annual developer event for VR, a lot of the focus was around office work, as you said. You know, the big special guests, you know, they had some gaming announcements and they did sort of the usual stuff, but the big get was Satya Nadella, the CEO of Microsoft, talking about now, you can load Microsoft 360 five, which is the product most people know is, as office, word, excel, PowerPoint, you can do that in the metaverse. The chief executive of Accenture showed up to say, you know, we think this is such a great thing. We've been doing brainstorming sessions on the n-th floor, which is the consultancies, metaverse thing. And again, this stuff potentially could matter and you can sort of understand from a strategic perspective why Microsoft or why Accenture thinks is a good idea. You know, Microsoft wants to be everywhere. But PowerPoints in the metaverse. Yeah, so hey, why not? On the other hand, it's really hard to watch that and think, like, who is going to get excited about this? They're talking about sort of the parts of office work that everyone hates, you know, spreadsheets, management, consultants, brainstorming sessions, where is that again? You really have to. Yeah, I mean, you'd have to be like sort of being a management consultant to like this, which again, okay, maybe there are a lot of management consultants. That could be a good business. But it just doesn't feel like they're generating a ton of excitement. And when you compare that to the amount of spending they've done, we're talking something like $27 billion since early 2019. And they call that an investment. Of course, Wall Street calls it a loss. So we'll see. Okay, so the headset is another thing that comes up in the story. And it's been talked about a lot. It's expensive. 1500 bucks, right? What's your take on the headset? So the headset, it'll be very interesting, you know, apple is widely rumored we've reported that they're working on a headset. It'll be interesting what they do. The headset was both sort of more expensive than a lot of people who watch space closely. We're hoping, you know, $1500 is three times what Facebook's sort of consumer headset costs. It's kind of hard to imagine somebody upgrading. And then the technical capabilities, it includes eye tracking, which is very cool, I guess, the company says for meetings and things like that. But battery life is lower than their cheaper headset, you know, the processing power doesn't seem like hugely better. We even had a meta employee, John carmack, who's like an industry pioneer sort of saying, you know, there are pros and cons to this device, which you wouldn't really want to hear when you're talking about your hot new product that you just released compared to something that you released two years ago that costs a third of the price. I'm wondering if nothing else this metaverse discussion has taken some of the attention away from some of the problems that Facebook has with regulators, elections coming up, things like this. It kind of feels like unintentional head fake. Or maybe it's an intentional. I mean, one of the interesting things that's happened is you go back to years ago, we were heading into a general election, and all Mark Zuckerberg wanted to talk about was the platform sort of responsibility to society. We saw meta talking a lot about back then called Facebook, you know, talking a lot about election integrity. We're also talking a lot about public health and things like that. Now what's happened since then is some of those duties have been sort of pushed off to other parts of the company. We have Nick Clegg has been elevated to this sort of role. And as a result, all the focus in terms of media attention and from a public policy point of view is on this new thing, which I think has come with some pros and cons on one hand, Zuckerberg isn't taking it from all sides, like is not maybe being criticized as much, even as there's tons and tons of misinformation on the platform today. On the other hand, a lot of focus on this platform that really doesn't seem to be thriving. That was business week, columnist max chaffin, and Bloomberg radio's Paul Sweeney helping out there as well. Joe Weber is going to stick around for our next story. All right, you're listening to Bloomberg businessweek coming up Netflix. Yep, it's growing again, so
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"The way, it's almost ski season getting cold out there, Carol. We're going to get a report from our Friends over at Bloomberg pursuits about some pretty cool places to stay around the world. First up, this hour, a story from our Bloomberg businessweek team that you'll find online and on the terminal, we're going to get an update of course next week about the business of meta platforms when the company releases earnings. In the meantime, the company's founder Mark Zuckerberg isn't saying much about the core platform in business known as Facebook. I've heard of it. Well, to find out what it means for the world's biggest social media platform. And for its investors, Carol and Bloomberg radio as Paul Sweeney spoke with business week magazine editor Joel Weber, and the individual who wrote the piece. Business we columnist, max chaffin. Meta, you know, AKA Facebook is a very interesting company right now because on one hand, you have this enormous and very successful, you know, dominant business, which is social networking and advertising. So dominant that, you know, governments all around the world are worried about regulating it, even possibly breaking it up. We saw they'd have to divest from giphy. And then you have the metaverse, which Zuckerberg is very excited about talking about all the time, and they're really just isn't a whole lot of traction despite tons and tons of spending, you know, and almost mind boggling sums of money that they're spending to try to make this thing happen. Is there traction within for the metaverse? Well, that is what's going on super details details. Super discouraging from the point of view of a sort of meta investor, we saw a reports over the last couple of weeks of meta employees not wanting to use their own product, which again, that's sort of discouraging on one level, because you'd expect and hope that the people who are building this thing are excited about it, but also because Zuckerberg is pushing the idea that the metaverse is going to make a huge difference for office work, right? Then it's not just a video game platform. And the reason he's doing that is because the video game business is actually pretty mature. You know, they've been at this for almost a decade. And the fact that they can't get their own employees to use the platform have a say, we're all going to use it in the future. You know, doesn't bode well. But I do think there's an interesting kind of strategic decision here at meta of like this. Maybe away from consumers and toward the corporate world. Right, so if you watched connect, which is their annual developer event for VR, a lot of the focus was around office work, as you said. And you know, the big special guests, you know, they had some gaming announcements and they did sort of the usual stuff, but the big get was Satya Nadella, the CEO of Microsoft, talking about now you can load Microsoft 360 five, which is the product most people know as office word excel PowerPoint. You can do that in the metaverse. The chief executive of Accenture showed up to say, you know, we think this is such a great thing. We've been doing brainstorming sessions on the n-th floor, which is the consultancies, metaverse thing. And again, this stuff potentially could matter and you can sort of understand from a strategic perspective why Microsoft or why Accenture thinks is a good idea. You know, Microsoft wants to be everywhere. But PowerPoints in the metaverse. Yeah. Yeah, so hey, why not? On the other hand, it's really hard to watch that and think, like, who is going to get excited about this? They're talking about sort of the parts of office work that everyone hates, you know, spreadsheets, management consultants, brainstorming sessions, where is that again? You really have to yeah, I mean, you'd have to be like sort of being a management consultant to like this, which again, okay, maybe there are a lot of management consultants that could be a good business. But it's just, it just doesn't feel like they're generating a ton of excitement. And when you compare that to the amount of spending they've done, we're talking something like $27 billion since early 2019. And they call that an investment. Of course, Wall Street calls it a loss. So we'll see. Okay, so the headset is another thing that comes up in the story. And it's been talked about a lot. It's expensive. 1500 bucks, right? What's your take on the headset? So the headset, it'll be very interesting, you know, apple is widely rumored we've reported that they're working on a headset. It'll be interesting what they do. The headset was both sort of more expensive than a lot of people who watch space closely. We're hoping, you know, $1500 is three times what Facebook's sort of consumer headset costs. It's kind of hard to imagine somebody upgrading. And then the technical capabilities, it includes eye tracking, which is, you know, very cool, I guess the company says for sort of meanings and things like that. But battery life is lower than their cheaper headset, you know, the processing power doesn't seem like hugely better. We even had a meta employee, John carmack, who's like an industry pioneer sort of saying, you know, their pros and cons to this device, which you wouldn't really want to hear when you're talking about your hot new product that you just released compared to something that you released two years ago that costs a third of the price. I'm wondering if nothing else this metaverse discussion has taken some of the attention away from some of the problems that Facebook has with regulators, elections coming up, things like this. It kind of feels like unintentional head fake. Or maybe it's an intentional. I mean, one of the interesting things that's happened is you go back to years ago, we were heading into a general election, and all Mark Zuckerberg wanted to talk about was the platform sort of responsibility to society. We saw meta talking a lot about back then called Facebook, you know, talking a lot about election integrity. Also talking a lot about public health and things like that. Now what's happened since then is some of those duties have been sort of pushed off to other parts of the company. We have Nick Clegg has been elevated to this sort of role. And as a result, all the focus in terms of media attention and from a public policy point of view is on this new thing, which I think has come with some pros and cons. On one hand, Zuckerberg isn't taking it from all sides, like is not maybe being criticized as much, even as there's tons and tons of misinformation on the platform today. On the other hand, a lot of focus on this platform that really doesn't seem to be thriving. That was business week columnist max chaffin, and Bloomberg radio's Paul Sweeney helping out there as well. Joel Weber is going to stick around for our next story. All right, you're listening to Bloomberg business
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"The way, it's almost ski season, getting cold out there, Carol. We're going to get a report from our Friends over at Bloomberg pursuits about some pretty cool places to stay around the world. First up, this hour, a story from our Bloomberg businessweek team that you'll find online and on the terminal, we're going to get an update of course next week about the business of meta platforms when the company releases earnings. In the meantime, the company's founder Mark Zuckerberg isn't saying much about the core platform in business known as Facebook. I've heard of it. Well, to find out what it means for the world's biggest social media platform. And for its investors, Carolyn Bloomberg radio's Paul Sweeney spoke with business week magazine editor Joel Weber, and the individual who wrote the piece. Business we colonist, max chafkin. Meta, you know, AKA Facebook is a very interesting company right now because on one hand, you have this enormous and very successful, you know, dominant business, which is social networking and advertising. So dominant that, you know, governments all around the world are worried about regulating it, even possibly breaking it up. We saw they'd have to divest from giphy. And then you have the metaverse, which Zuckerberg is very excited about talking about all the time, and they're really just isn't a whole lot of traction despite tons and tons of spending. You know, and almost mind boggling sums of money that they're spending to try to make this thing happen. Is there traction within for the metaverse? Well, that is what super details detail. Super discouraging from the point of view of a sort of meta investor, we saw a reports over the last couple of weeks of meta employees not wanting to use their own product, which again, that's sort of discouraging on one level because you'd expect and hope that the people who are building this thing are excited about it, but also because Zuckerberg is pushing the idea that the metaverse is going to make a huge difference for office work, right? Then it's not just a video game platform. And the reason he's doing that is because the video game business is actually pretty mature. You know, they've been at this for almost a decade. And the fact that they can't get their own employees to use the platform have a say, we're all going to use it in the future. You know, doesn't bode well. But I do think there's an interesting kind of strategic decision here that this may be a way from consumers and toward the corporate world. Right, so if you watched connect, which is their annual developer event for VR, a lot of the focus was around office work, as you said. You know, the big special guests, you know, they had some gaming announcements and they did sort of the usual stuff, but the big get was Satya Nadella, the CEO of Microsoft, talking about now you can load Microsoft 360 five, which is the product most people know is, as office, word, excel, PowerPoint, you can do that in the metaverse. The chief executive of Accenture showed up to say, you know, we think this is such a great thing. We've been doing brainstorming sessions on the n-th floor, which is the consultancies, metaverse thing. And again, this stuff potentially could matter, and you can sort of understand from a strategic perspective why Microsoft or why Accenture thinks is a good idea. You know, Microsoft wants to be everywhere. But PowerPoints in the metaverse. Yeah, so hey, why not? On the other hand, it's really hard to watch that and think, who is going to get excited about this? They're talking about sort of the parts of office work that everyone hates, you know, spreadsheets, management, consultants, brainstorming sessions. Where is that again? You really have to yeah, I mean, you'd have to be like sort of being a management consultant to like this, which again, okay, maybe there are a lot of management consultants made. That could be a good business. But it's just, it just doesn't feel like they're generating a ton of excitement. And when you compare that to the amount of spending they've done, we're talking something like $27 billion since early 2019. And they call that an investment. Of course, Wall Street calls it a loss. So we'll see. Okay, so the headset is another thing that comes up in the story. And it's been talked about a lot. It's expensive. 1500 bucks, right? What's your take on the headset? So the headset, it'll be very interesting, you know, apple is widely rumored we've reported that they're working on a headset. It will be interesting what they do. The headset was both sort of more expensive than a lot of people who watch space closely. We're hoping, you know, $1500 is three times what Facebook's sort of consumer headset costs. It's kind of hard to imagine somebody upgrading. And then the technical capabilities, it includes eye tracking, which is very cool, I guess, the company says for meetings and things like that. But battery life is lower than their cheaper headset, you know, the processing power doesn't seem like hugely better. We even had a meta employee, John carmack, who's like an industry pioneer sort of saying, you know, their pros and cons to this device, which you wouldn't really want to hear when you're talking about your hot new product that you just released compared to something that you released two years ago that costs a third of the price. I'm wondering if nothing else this metaverse discussion has taken some of the attention away from some of the problems that Facebook has with regulators, elections coming up, things like this. It kind of feels like unintentional head fake. Or maybe it's an intentional. I mean, one of the interesting things that's happened is you go back to years ago, we were heading into a general election, and all Mark Zuckerberg wanted to talk about was the platform sort of responsibility to society. We saw meta talking a lot about back then called Facebook, you know, talking a lot about election integrity. Also talking a lot about public health and things like that. Now what's happened since then is some of those duties have been sort of pushed off to other parts of the company. We have Nick Clegg has been elevated. To this sort of role. And as a result, all the focus in terms of media attention and from a public policy point of view is on this new thing, which I think has come with some pros and cons. On one hand, Zuckerberg isn't taking it from all sides, like is not maybe being criticized as much, even as there's tons and tons of misinformation on the platform today. On the other hand, a lot of focus on this platform that really doesn't seem to be thriving. That was business week columnist max chaffin, and Bloomberg radio's Paul Sweeney helping out there as well. Joel Weber is going to stick around for our next story. All right, you're listening to Bloomberg business week coming up, Netflix. Yep, it's growing again, so what's
The Voicebot Podcast
"company founder" Discussed on The Voicebot Podcast
"To like, so one last time for this quarter, I do have a shout out for our friends at deep gram. Now, they stepped up and sponsored the podcast for the entire second quarter of 2022. And we're really appreciative of their support. I personally appreciate it. And frankly, I've been interested in DRAM since my first podcast interview with the company founder Scott Stevenson, that was two years ago. I know many of you know Scott, or at least you know him now. And I also heard from any of you that that was the first time you'd ever heard of deep Graham and really understood what the story was there. The company was really still early at that time. They had a couple of customers they'd raised $12 million in venture funding. This was back in early 2020. They also had a great backstory. And what I was really intrigued by is this new technical approach. So the technology behind DRAM was hatched two miles underground. Now what a backstory that is. So Scott Stevenson while he was a PhD dark matter researcher, he was working with a super collider and they needed to capture transcription of scientific conversations during the experiments and his previous work with deep learning wound up delivering something really interesting and different than the other NLP approaches were in the market at the time. So Stevenson combined the ASR and the NLU into a single model. And it turned out to provide higher accuracy and faster processing. They turned out to be they were able to really refine the model much more efficiently than they had using other techniques. So since my conversation with Scott, the company has added a lot of products, customers, they have a lot of new funding too to the tune of about 25 million more investment. Now, is that because they are on The Voice by podcasts? Well, probably. Well, maybe not. I think they probably worked hard and had really good technology before they came here, but I'm sure it didn't hurt. And that big investment that they've had over the last two years and additional 25 million. That's helped fuel. A lot of innovation. They're not working on reducing the cost basis of automated speech recognition by 100 X, that's a pretty ambitious goal, but a worthwhile one because it would materially expand the number of use cases that people could affordably apply voice AI too. So one last time I suggest you check out deep Graham dot com forward slash voice bot AI that's deep crammed dot com slash voice bot AI. I think you're really going to like their story and I'm sure it'll be interesting to you if you haven't checked it out already. So go do that. Deep gram dot com slash voiced by AI. Okay, my first guest today is Sarah Andrew Wilson. She served as chief content officer of voice gaming company matchbox. The creators of question of the day, which was one of the most popular Alexa skills and Google actions for third parties when that was still going on. That was until earlier this year she was in that role because the company was acquired by Bali, probably at this point, the leading game company in the voice gaming space. So Sarah took some time out from her sabbatical, which she's on now, post acquisition, and she helped us out by weighing in on The Voice AI news of 2022. Really excited to do that. And she has these firsthand experience with the ASTRO robot and the latest Alexa device for the home. So that was really fun to talk about that. Now, Paul Sweeney is also with us. He's chief product officer at. They use conversational AI to automate customer interactions and the financial services industry. So that's one of the biggest use case areas I think a lot of you who watch the industry know in terms of just the size, the impact that's being had. And web has a key player in that place. They also just close funding for 4 million Paul offers some perspective on the tech funding market today and in addition to those thoughts in the industry trends. So that was really timely to have Paul on to talk about some of those things because funding and acquisitions are really big topics and trends right now for voice AI. And Eric Schwartz, the head writer at voice by today is also with us. He's going to discuss many of the stories that he wrote that chronicle the industry's evolution. Really excited to bring this all to you today. Next up, the top voice AI stories of the first half of 2022, and a few extra ideas for you to chew on. Let's get started..
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"That's why I sold the house so the kids can not come home How about that for a strategy You sold the house in New Jersey but have you thought about buying a place in San Francisco No Can you even do that Greg Is it possible to I mean unless you're a billionaire tech company founder Can you buy a house in San Francisco Let me put it this way The neighborhood that my parents bought a house in in 1962 in Cupertino for 12,000 $200 just recently sold for 3.7 million There you go kids That's awesome Silicon Valley Congrats to your parents Greg Yeah boom All right great Jared Thanks so much for appreciate that Let's get to Wall Street What's happening shouldn't only bastard Wall Street reporter she's here in our Bloomberg interactive broker studio Along with I guess Eric schatzker maybe some others were out in LA last week for the milk and conference which I think is one of the more unique conferences in terms of who comes out there to speak What were some of your takeaways from that conference as you spoke to some of the big Wall Street folks Yeah listen what was incredible was I was in LA for milk and then I was in Florida and Miami for Bloomberg's own event and private equity folks are out in full force I was in New Jersey What's going on mat what are we doing Something wrong Yes So are the bankers and listen there's a sense that things are getting really bad And the question is how bad and when So a lot of people are talking about the co president of Apollo as saying that the market is saying a recession by early to mid next year one that will last a little longer 6 to 9 months and then how do you prepare for that Do you raise money now to deploy in a downturn Do you start to look for a distressed opportunities that can arise Barry stern lick the real estate magnate He had told me that he thinks the slowdown will come at the fourth quarter to the first quarter a fourth quarter of this year to the first quarter of next year And again how do you prepare for that He went through the Charlie Munger line of thinking that the market is truly a casino right now and a lot more air is Charlotte That guy's hilarious Sometimes I think when you go to these conferences finale that you're not going to come back I feel like they're going to hire you away and will be down one finale basic Are they hiring are these businesses trying to get kids to not that you're a kid but trying to get younger talent to come and join them Well the interesting thing here I was talking to a few folks in crypto because that was a place that was not only hiring a lot They were paying more and they were attracting talent away from Wall Street But what happens as Matt says you have Bitcoin at the lowest since it's been in at least a year What happens then Does the money still keep flowing in As of now you see private market valuations look at Apollo's earnings We're talking about the Apollo private equity head later Yes the numbers are better than what you're seeing in private markets but how long can that last Is there a catch up period here So just a few months ago talent war was the story I got to pay my junior my investment banking analyst my associates another 25 grand In the big banks in the big banks though And so that's why I'm wondering is are we seeing that in this smaller boutique shops in private equity in VCs Yeah I mean think about it Private equity is still raising an enormous amount of money still a lot of record funds So there's a difference between private assets and public markets because if you're at a bank and a lot of your pay is tied to equity you're not feeling that great today So the question is does deal making come back in full form Does it come back at a time when people are expecting it to come back later this year but does it come back if those slowdowns really start to happen So if you're private equity I'm thinking that David rub is a science of the world who I've been doing deals for decades You know they put in some of their equity and they've got plenty of it as you mentioned lots of private equity funds on the sidelines but they leverage their returns by putting on some bank debt putting on some high yield debt And now we've got rates seriously rising Is there a sense that the private equity guys may be less active going forward What's interesting to me is that they have so much money that they can't be that less And less active But the kinds of deals are not all like Twitter like you see If you see Blackstone doing deals a lot is in real estate or infrastructure whereas KKR says they're classic deals between one to $5 billion not $44 billion like you're seeing with Elon Musk Let's talk about another part of the market real quick guys because there's that scoop that Sri Lankan natarajan had out today about Goldman pulling out a most facts How many spac leaders I met over the last week is just incredible They are hustling fast to get deals done because there's a chance they have to just give their money back as they can't find deals And by the way they're really worried about the new rules here by the SEC that could come out With that guy shrink and Raj and he's pretty good Hassle He hustles He's got a green bee next to the story which means it's really exclusive But he's got some great contacts within But he brings us a great point They're out there right now losing all their resources on the investment banking side and desperately seeking deals that are harder and harder You know the last time that happened in my experience was kind of 2006 2007 before the great financial crisis They had so much money to put the work that they were doing And by the way this is the second bank to do the Citigroup has already stopped working with some spacs to some degree that are trying to list new ones So to your point guys do you need more talent if you have less deals Yeah interesting Again I read the first article I've read in years that talked about fewer maybe laying off some people We have this thing that we do You do Yeah We mess with each other A little bit All right good fun All right Molly bas covers all things for a while By the way I heard she was on the radio last week with pretty Gupta And there were people messaging in on Twitter They said you know what And simply better than Matt and Paul Yes exactly Did you see that Yeah that's why you can't just be nice to us We're so happy to have you guys back All right Chanel good stuff Thanks so much Right now let's head down to.
Bloomberg Radio New York
"company founder" Discussed on Bloomberg Radio New York
"Back in person for the first time in a long time This for its tenth annual installment I just spoke to Goldman CEO David Solomon among the speakers here also former president George W. Bush The entertainer LL Cool J and so much more we have a great show lined up for you We are gonna be joined by Reid Hoffman of course the cofounder of LinkedIn partner at greylock partners as well as Maven clinic CEO Kate Ryder and a number of exciting entrepreneurs but I want to kick it off with Dan deese Goldman Sachs co head of investment banking Take a listen It's unique to us because this is a conference that really is designed to celebrate to promote to foster entrepreneurship and innovation As you noted we do dozens of conferences every year and they tend to be aligned around industries And you've probably been to some of them Our healthcare conference or Internet conference software conference This is different in that it's industry agnostic It's size of company agnostic And it's just designed to get a hundred or so private company founders and CEOs together to talk about the common issues the common challenges of building a business and best practices around building a business and to build their own networks with each other and the energy you get when you bring together that group of entrepreneurs in a setting like this for two days to talk about those topics It's fantastic I hope and expect you'll get a sense of that today You've worked at Goldman since 1992 That's right Travel the world How has Goldman's approach to tech investing and scouting earlier stage companies in particular change in that time It's changed quite a bit as the whole technology landscape has changed quite a bit You know I look back before my time I've been here forever as you said but before my time you know we took Microsoft public back in the 80s when it was a $350 million company I mean it's kind of amazing to think about the long heritage of what we've done in the technology space But what changed probably 15 years ago ten or 15 years ago in our approach to the business was we realized these companies were starting small and getting big very very fast And we had to go earlier and earlier into their life cycle to start building relationships because you wanted to be there when they were small and when they quickly grew And their needs to raise capital and to merge with other companies accelerated up their life cycle too And so one or two or three years after.
InnovaBuzz
"company founder" Discussed on InnovaBuzz
"Ask them either. Welcome back. i hope you been awesome so far. If you haven't listened yet to my recent conversations with the file coach me how mackel f- ski and with lauren knee the cultivator of curiosity then listening. They're worth listening to but stay here. I and listen to today's conversation. Because i'm really excited today to have on the inova buzzed. Podcast is my guest white. Galt of the three day weekend club. White helps people create a life. The lifestyle and the legacy vamos desire white has over fifteen years experience as a productive employees and over twenty years as a software company founder and owner corporate consultant sales coach superstar recruiter provider of mental health counseling services and life coach and today with these three day club which he founded with the goal of inspiring people to implement just that three day weekend or a four day workweek lifestyle white teachers others to create the life. They most desire buzz personally and proficiently in our conversation. Today why talk to me about the mindset shift to plan for a regulatory day weekend. He explained why working less time can actually be more productive and we talked about creating time for the important things in life without further ado. Let's fly into the hive and get the buzz from white gold. Hi i'm your host stress enough of his. And i'm really excited today to welcome to the inova bus. Podcast naipaul's florida in usa wade goats. Who is the founder of three day weekend club and host of the three day weekend entrepreneur. Podcast welcome to the inova bus. Podcast white dried privileged Here is my guest. Thank you so. Much for having me your. I love the work i've already. I'm really excited to this cried. And catcher in candy. Who was at gaston upset. Four hundred nineteen of the inova bus. Podcast suggested that we have a conversation with you once a big. Hello catherine yes absolutely. Thanks catherine now. I'm really looking forward to talking about the straight eye weekend movement and and the whole philosophy behind that. I think we've proper way have a bit of an idea. The philosophy is but a lot more to it than one might think initially in sound. Just gonna take trial for monday off. Awful whatever Now i know that we can find you playing beach volleyball down on the beaches in naples. I guess on friday sir. What is it that drita beach volleyball. I i guess let's stop that one. Sure so as cheeses it sounds. I watched the movie top gun. And there's the beach. Volleyball seen cranberries smooth movie. Top gun with tom. Cruise val kilmer and all these guys playing volleyball and they Later if you look back at it no offense in these guys. It's not the most. Technically correct really macho and i just always been an athlete and i'd try different sports in new sports. Those different ones. So yeah. I've been doing that on and off for years and i'm a pretty simple guy when i'm playing volleyball at least once a week. I'm pretty happy guy i would. I'm not i get a little grouchy. So yes kind of important heads a deadline. May i'm sort of at the moment having a bit of a down on my daily bike ride and and i tend to get grouchy on his own. The barkat as well. I'm said the beach volleyball. I can't remember that scene in the top gun. It's been awhile since i've seen a movie. That is that like the proper beach volleyball. Alexa play in the olympics. With two people outside it's two people per side and i would just simply say that some of the some of the form is not that great when you look back but Val kilmer spins ball on his on his finger and he looks really manley when he does it and it just looks like fun. And there's i didn't know you can get that testosterone. Playing a game. Volleyball has guys yelled each other stuff like that. But that's what we do sometimes and so two that part a lot of other than the actual technique informed the rest of it's pretty Yeah pretty Pretty athletic sport really. When you think about it. I used to play a little bit of volleyball at school bed. Where played the traditional six man. Assad on the court and in the gym to capel kinda diving around yeah. I have not figured that out. I will not run more than thirty feet. If you don't put a ball in front of me but if you put a ball in front of me. I will grow through ninety degree weather for six hours at a time. chasing the ball and diving in the sandwich. I know it's the end of my day. When i've gotten off the court whether i've lost her one and i come back from the shower and it's almost like it out of body experience. Where look the court who have those guys are chasing the ball. It's kinda hot out and glad. I don't have to do that right now. That's i know it's been a long day. And that's when i know i'm getting done for the day all right we'll You know obviously that's that's one of the cinci elected. Do in your free time. What was your journey to the Wakened idea and and starting movement sure so. I'm blessed my father's sperm. My mother's always been a reader of philosophy psychology spirituality that sort of stuff so volume kind of thought about sort of all dimensions of life. Not just the work but also the personal life side and started out as non spur young. I know so many people have. But so at least united states we would sell candy to kids during school. Did that then. I had my lawn mowing business. Those outside this little hot. And so i guess when i was younger i had all the time i needed. I want more money. So i did for the money and then once i started my corporate job i realized i had money in wanted more time and i'd also got to watch my father who's not sooner and noticed the amount of free time you had and so that was definitely on my radar to start a business one or two different types and some initial plans changed then. I just when i started my own business realized that there were certain things that made a lot of results from certain that it didn't and having more time off big deal but the thing that really sealed from us had gone back and forth. Couple times as far as trying to work a three-day weekend. Lifestyle or a four day. Workweek as mr meager iota might try to didn't just do it and to different people my life at the same time from literally opposite corners. World thomas houston advice. A coach i was working with johan in south africa. Said wait if you're going to try to help people do this as a regular thing and if you really want to coach people you know how important this says you have to live around. You can't tell me that when you're busy season comes you throw decided and you pick it back up. His acute. it's doable. He says we know it's doable. So so do it. And then one of my friends at the beach. Who larry have been going to be like wait. I've been going to be twenty five years on on fridays. He's like it's the best thing you can do as you have. You will be here next week. You have to be honest each mandy and he's back. I don't know twenty years old music when you have to be here and then actually the third person in that sort of affirmative vote was. I hadn't played volleyball for about six or years regularly. Exact thought mistakenly the best thing that can do is the father was to be ultra present all the time around my family instead of making sure. I got some meantime in my wife just said. Don't please go every week when you don't do your volleyball. How you are grouch. And she did not use the word grouch but will say grouts for the sake of this interview habits. So it all kind of aligned. When.
Pop Fashion
Jeweler Alex and Ani Files Bankruptcy After Rapid Expansion
"Jewelry company alex and ani has filed for chapter eleven bankruptcy protection the company which was known. Pretty much only for bangle bracelets. The company blames cova mostly and it's clear that's a factor like in twenty twenty. Their revenue fell forty percent but his company's financial struggles started long before this pandemic began. And i'm just going to tell you a tiny bit about things that happened because this has multiple layers so a couple of things that became roadblocks for this company. So in december of twenty eighteen bank of america cut off the company's line of credit. Oh and the day ah-ha yup and the following summer alex and ani sued for gender discrimination in claim that it had been treated differently because it was led by a woman that suit which was dropped a month after it was filed said that sales had declined around eighty million and the alex an anti couldn't pay vendors so there's a red flag even if they like settled this Alleged discrimination claim. There's a clear financial disconnect here. There was also illegal. Back and forth last year between the company's founder carolyn rafi allen and investment firm lion capital which owns the majority of the company. Apparently she borrowed five million dollars from line capital and never paid it back shift. You just sometimes forget to pay back five million lisa. She just forgot and to resolve the legal battle between them. She sold her remaining stake in the company to them which was thirty five percent. Holy mess so as of last year. The founder of this company was no longer involved so the company is also in a whole like metric ton of debt which is really what it comes down to like ultimately when you're filing for bankruptcy doesn't so much that you need to figure out they owe money to a bunch of landlords which makes sense you know malls and stuff during the pandemic they also more than one hundred seventy five thousand dollars to an entire town in rhode island
Scott Sloan
New Airline, Avelo, Thinks It's the Perfect Time to Start Flying
"This doesn't happen every day, especially during a pandemic when airlines have been hit so hard, But there are a new mainline airline that's launching this week. It may seem like odd timing, with all of the huge losses airlines have been dealing with during the pandemic. But the founders of Avello airline say it's a perfect time or people are feeling comfortable traveling again. Based out of Burbank, California Velo will be using Boeing 7 37 8 hundreds with 11 rounds, two smaller airports and outdoor recreation destinations like Grand Junction. Colorado and Eugene, Oregon. The company's founders have backgrounds and bigger airlines and say they're ready to go. So we think that we could offer choice tickets are on sale today. The airline begins flying at the end of the
Tony and Dwight
Avelo Airlines planning April debut
"This doesn't happen every day, especially during a pandemic. A new airline is launching as air travel rebounds A. B C's Alex Stone with the details. It may seem like odd timing, with all of the huge losses airlines have been dealing with during the pandemic. But the founders of Avello airline say it's a perfect time or people are feeling comfortable traveling again. Based out of Burbank, California Velo will be using Boeing 7 37 8 hundreds with 11 rounds, two smaller airports and outdoor recreation desk. Nations like Grand Junction, Colorado, and Eugene, Oregon. The company's founders have backgrounds and bigger airlines and say they're ready to go. So we think that we could offer choice tickets are on sale. Today, The airline begins flying at the end of the
What's the Secret?
"company founder" Discussed on What's the Secret?
"Happening is the opposite. They just work so much and get so drowned in their business that they're like shit. I became an entrepreneur to live the best version of my life. But now i'm stressed out working in so that's kind of what i do. Is i help. These company founders figure out that that happy medium of their lifestyle while still continuing to grow their impact and that sounds like a sounds like a lot.
WJR 760
"company founder" Discussed on WJR 760
"No, I'm not from there with that. Sorry. I've gotto get details from rituals in scale. Kind of like it, though. It's uh Got a neat little beat to it. And also the lyrics sound fascinating, So I'm gonna have to look that up as well. Mentioned there's something really cool going on the world of golf. I want to tell you about right now, before we open up the full minds and 808 590957. The, uh Every year. There is a there's an event that is held the Genesis Invitational Golf tournament, and that's a PGA event. It's a it's a tour event. And the tournament host is Tiger Woods. Now? Yeah. Every year. They also given exemption to one player to get into this since 2009. They've been doing this. The exemption represents the advancement of diversity in the game of golf. And so the exemption goes out in the name of Charlie Sifford, the first ever African American golf around Tour Charlie Sifford Memorial exemption. And this year 2021. For the tournament February 15 through 21st. So it's just in a few weeks when it's going to start that special exemption has gone out to a young man named Willie Mack, the third Now, in case you don't know Willie Mack. The third is a native of plant. He played college golf at Bethune Cookman. He won 11 titles there in 2011. He became the first African American to win the Michigan Amateur Championship. And he currently plays on what's known as the Advocates Pro Golf Association tour That's a PGA on the Florida Professional Golf Tour. And in 2019. He won Player of the year honors for both tours. Willie Mack, the third dead Here's what's really a cool story as well. Is that Willie Mack? The third grew up playing golf with his dad, just like Tiger did and it's his dad who inspired him to take up the game. And he said Tiger, Woods said, Will he learn to golf with his dad, just like I did. And those are memories that will last forever. I'm excited to see Willie make another lasting memory when he tees it up at Riviera. Well, he has endured through difficult times off the course the past few years, and I know Charlie Sifford would be proud of how he has stayed focused on achieving his dream. So it's really cool. Tiger Woods has named Flint native Willie Mack, the third, the first African American to win the Michigan Amateur golf tournament as the Charlie Sifford Memorial exemption recipient this year. At Riviera. So that tournament to be played February 15 through 21st. And, you know, we're all gonna be rooting for Willie Max the third to do very well right there. He's he's home grown from here in Michigan, and we we just wish him the very, very best in that tournament. What a great great honor he got from Tiger Woods, whose foundation Runs that tournament out there, Riviera just great stuff. So thank you, Tiger for doing that for somebody in our state, and congratulations, Willie Mack, the third on that achievement, it just absolutely wonderful. All right. Let's get to some of your phone calls here at 808 590957 on the Frank Beckmann show the rest of the way this morning, and we'll get you more information as well. I mentioned Frank Jamerson, the fellow who's the electric battery bicycle company founder who also was that Electrical engineering wizard General Motors a few years back, and he's also a man who says all this stuff about climate change. Forget it's not real. And he points all of the South so expertly in all of his writings, including at the essay International website. I found another site, too, that I wanted tol you about These are people who have signed a petition known as the global warming petition project. I don't mean to bore you with this, but I've got to get this out there for you. And you can access this at petition project that orig And these are people who say global warming is is not real. Okay, that the man is not causing climate change, and all of the warnings that you're getting the dire warnings about the end is near unless we do something. Which means give us more money to spend on a favorite toys. And, you know, let us back the people, but that back us in in elections so you can you can go to this global warming petition project. And check out the petition signers who dispute the whole prospect of idea of man made global warming. And this petition project has a total of on these air PhDs and you know other well educated people. There are some 31,487. Who have signed this petition that the United States over 31,000 petition signers. Okay on this global warming petition project and 955 are from the state of Michigan. Here's the Here's the other thing. They're all named. You got all 955 names of PhDs from here in Michigan that let's say climate change is is, you know, a man made climate change is is not real. So we're going to have to check that out because almost over 31,000 signatures and about 1000 here in Michigan, and they're all named, so we'll check out that list and And get two more information on that, because what we're hearing out of Washington and on this issue is absolutely frightening What they what they plan to do, and You know they already you're shutting down the Keystone pipeline, and that's costing tens of thousands of jobs and who knows what else is in store for us? We will continue to talk about that issue. It's been one that's been close to my heart for a long, long time, As you know, a sort of adopted that that issue because I didn't believe either that man was causing all of these Have Burchard changes in climate changes in the world and you start doing research and you see that zaps lutely true CEO too, and global temperatures from ice cores. Have been gone back 600 million years past 600 million years. We're trying to read ice cores and figure out what the weather was. How much C 02 there was the past 10,000 years shows a natural decline and increase in CEO to goes up and down. If you look at the numbers and according to our friend, Frank Jamerson, This is not likely caused by mankind. That's a quote. So we'll get you more on that as we we move along in the coming weeks. Okay, Okay. We're going to take your phone calls The arrest of the way this morning at 808 590957 will do that to after we check..
MarketFoolery
"company founder" Discussed on MarketFoolery
"Shares of alibaba are up more than five percent because company founder. Jack ma has made his first public appearance in three months. I should point out. This is not an appearance that he made out in public. This is a video filmed tied to an event. But look i think if you're an alibaba shareholder over the last few months wondering legitimately. Where's this guy ben. This if it were moving up dramatically more than that. I would think it was a little overblown a five percent. Tick up seems right to me. It does seem right to me too. And i can't we say not to be too draconian about this but aren't we glad that it's not a hostage video rhyming reasons. We're a number of reasons because we were starting to worry. That jack ma was like something horrible had happened here so he surfaced. It's i mean it really is just kind of a charity event. He's thanking teachers. It's nice it's just it's very kind of it's just a normal thing and it would be. It wouldn't even be news if it weren't for the fact that he'd been missing for three months and let's be clear. You know alibaba. This does not mean that. The scrutiny of alibaba goes away but he's the founder. The chinese government did not like what he had to say a few months ago right before he went underground. The chinese government has since said that they are going to pursue possibly some more strict regulatory oversight of alibaba and that could include breaking up different parts of the company at the very least they are taking some more strident action against ant financial. Which is the payments part of alibaba. So the the regulatory scrutiny doesn't go away but boy yeah. I sigh of relief to see jack. Ma is not completely out
MarketFoolery
Jack Ma, Alibaba's Co-Founder, Resurfaces After 3 Months of Lying Low
"Shares of alibaba are up more than five percent because company founder. Jack ma has made his first public appearance in three months. I should point out. This is not an appearance that he made out in public. This is a video filmed tied to an event. But look i think if you're an alibaba shareholder over the last few months wondering legitimately. Where's this guy ben. This if it were moving up dramatically more than that. I would think it was a little overblown a five percent. Tick up seems right to me. It does seem right to me too. And i can't we say not to be too draconian about this but aren't we glad that it's not a hostage video rhyming reasons. We're a number of reasons because we were starting to worry. That jack ma was like something horrible had happened here so he surfaced. It's i mean it really is just kind of a charity event. He's thanking teachers. It's nice it's just it's very kind of it's just a normal thing and it would be. It wouldn't even be news if it weren't for the fact that he'd been missing for three months and let's be clear. You know alibaba. This does not mean that. The scrutiny of alibaba goes away but he's the founder. The chinese government did not like what he had to say a few months ago right before he went underground. The chinese government has since said that they are going to pursue possibly some more strict regulatory oversight of alibaba and that could include breaking up different parts of the company at the very least they are taking some more strident action against ant financial. Which is the payments part of alibaba. So the the regulatory scrutiny doesn't go away but boy yeah. I sigh of relief to see jack. Ma is not completely out
WGN Radio
"company founder" Discussed on WGN Radio
"In Portland tonight looking for their fourth win in five games, Portland three and three and gave up Steph Curry's 62 points on Sunday night. Last night. Curry follow that up with 30 more in Golden State's 1 37 16 went over Sacramento 92 points for Curry in two games in college basketball. Indiana rallied from 10 down in the second half beat Maryland 63 55. Trace Jackson Davis 22 points and 15 rebounds to lead the Hoosiers. Dave Addict, WGN sports Now the forecast from the Perm issue all Weather Center morning. Patchy fog and in decreasing clouds later behind your 35. Catchy, dense fog again tonight with cloudy skies. I love 25. Then tomorrow cloudy expect a high near 35. It's 32 at O'Hare right now in midway as well, 31 along the lakefront 33 Joe yet It's 32 this morning in Rockford, and now your money on WGN U. S. Stock futures have fallen into the red Now down nearly 70 points on the Dow Yes and P and NASDAQ futures in the red as well. Investors are keeping a close eye on the election in Georgia. And rising number of coronavirus cases as well. Markets around the world generally mixed. We saw losses in Europe as new lockdowns go into effect there, and games in Asia and airline watchdog is out with its list of the top 20 safest airlines. Australia's Qantas Airlines tops the list Alaska Airlines Southwest Delta, American and United Airlines are among the U. S. Airlines to make the list while face master becoming a condom common item for people. It is the same deal for dogs to apparently pet masks in New York City based company. Has says that their sales have increased by about 500% since the pandemic began. Company's founders say people used to buy the mask either as a novelty item or if they lived in a polluted city. But after concerns the dogs could catch and spread, covert 19 sales have jumped. Experts say. Currently, there is no evidence that animals play a significant role in spreading the virus.
Duct Tape Marketing
Should Business Follow Data or Gut Feel?
"Hello welcome to another episode of the duct. Tape Marketing Podcast, this is John Jansen, my guest today's Reeves Wiedeman. He is a contributing editor at New York magazine. Also featured in New Yorker New York Times Magazine Rolling Stone Harper's, and we're going to talk about a book that is fairly new called billion dollar loser, the epic rise and spectacular fall of Adam Newman and we work. So reeves welcome to the show. Thanks for having me. So. Why don't you give away the ending for for for people that that may be have followed this story Kinda give us the like. Here's you know here's what was going on at the high level. Here's what happened. Yeah. Fair enough while while a lot of people may know it but but the the the short version of the rise of we work in an office leasing company started in New York City that in the course of a decade expanded all over the world The basic business premise was slicing up large office spaces into small glass. Rent out. By Twenty Nineteen they had more than four hundred locations around the world A also had apartments they had started in elementary school. and a variety of businesses that required a lot of money and so eventually in in thousand nineteen, they decided to go public at of gob smacking forty, seven, billion, dollar valuation and in pretty spectacular fashion over over a few weeks in the summer and fall of last year the. Collapsed out of Newman, the company's founder was was ousted and He's spending most of his time surfing. So you know and the future for him and for the company's still remains to be seen, but it was pretty pretty remarkable rise in in a pretty shocking and swift fall. So the at the from the highest evaluation to like when it all shook out, what did it shed about eighty percent ninety percent You're GonNa make me do some math but you're outright it. It got up to forty seven billion at least in this theoretical way, and and this past spring Softbank, which is, is we were primary investor mark it down to just under three billion, two, point, nine, billion so a. Pretty shocking loss value in a very short amount of time. So. What was it? You did a series of interviews with adamant obviously a lot of other people that show up in the book but what what was kind of the timeline for your interviews because it was really pre crash, right? Yeah. I mean, we when I was I work at New York magazine and we had I decided to do this story at the beginning of Twenty nineteen in the. Reason we did it was was because we work with growing so fast, and because it it suddenly was was everywhere. We have an office in in Soho and in New York and suddenly there were half a dozen of them just a few blocks of where our office was and so we saw it as kind of a success story. We knew there was sort of strange things about the company and. It became very clear to me as I as a after interviewing Adam Newman last April April Twenty nineteen shortly before the IPO was announced. And then talking to people who'd worked with him some members of his executive team that everything that was good and bad about we work revolved around Adam Newman. He he was the visionary. He was the sort of branding expert and he was the. That, was driving company, and then as it became clear, he was also kind of embodied a lot of a lot of what what went wrong. So my only instance as I did work out of we work in Dumbo one time. A few years. Was it nice. Yeah. It was nice. It was like all the kind of. HIP places in that part of town. Are. Very minimal decor. So. It's interesting. You brought up that idea of all good things and bad things because in reading through the book you almost. And and maybe other people. Have covered it this way to that it wouldn't have happened with him and it wouldn't have crashed with with him without him. I think that's exactly right and that's when when we wrote my first story and this was when the company was still on the rise we. I didn't come up with this but but the title one of my bosses did was with the I and we and and and you know it's just everything about this company. was. Just, CER- wrapped up in in in Adams great qualities which which company grow and then things kind of centered off off the rails.
Duct Tape Marketing
Should Business Follow Data or Gut Feel?
"Hello welcome to another episode of the duct. Tape Marketing Podcast, this is John Jansen, my guest today's Reeves Wiedeman. He is a contributing editor at New York magazine. Also featured in New Yorker New York Times Magazine Rolling Stone Harper's, and we're going to talk about a book that is fairly new called billion dollar loser, the epic rise and spectacular fall of Adam Newman and we work. So reeves welcome to the show. Thanks for having me. So. Why don't you give away the ending for for for people that that may be have followed this story Kinda give us the like. Here's you know here's what was going on at the high level. Here's what happened. Yeah. Fair enough while while a lot of people may know it but but the the the short version of the rise of we work in an office leasing company started in New York City that in the course of a decade expanded all over the world The basic business premise was slicing up large office spaces into small glass. Rent out. By Twenty Nineteen they had more than four hundred locations around the world A also had apartments they had started in elementary school. and a variety of businesses that required a lot of money and so eventually in in thousand nineteen, they decided to go public at of gob smacking forty, seven, billion, dollar valuation and in pretty spectacular fashion over over a few weeks in the summer and fall of last year the. Collapsed out of Newman, the company's founder was was ousted and He's spending most of his time surfing. So you know and the future for him and for the company's still remains to be seen, but it was pretty pretty remarkable rise in in a pretty shocking and swift fall. So the at the from the highest evaluation to like when it all shook out, what did it shed about eighty percent ninety percent You're GonNa make me do some math but you're outright it. It got up to forty seven billion at least in this theoretical way, and and this past spring Softbank, which is, is we were primary investor mark it down to just under three billion, two, point, nine, billion so a. Pretty shocking loss value in a very short amount of time. So. What was it? You did a series of interviews with adamant obviously a lot of other people that show up in the book but what what was kind of the timeline for your interviews because it was really pre crash, right? Yeah. I mean, we when I was I work at New York magazine and we had I decided to do this story at the beginning of Twenty nineteen in the. Reason we did it was was because we work with growing so fast, and because it it suddenly was was everywhere. We have an office in in Soho and in New York and suddenly there were half a dozen of them just a few blocks of where our office was and so we saw it as kind of a success story. We knew there was sort of strange things about the company and. It became very clear to me as I as a after interviewing Adam Newman last April April Twenty nineteen shortly before the IPO was announced. And then talking to people who'd worked with him some members of his executive team that everything that was good and bad about we work revolved around Adam Newman. He he was the visionary. He was the sort of branding expert and he was the. That, was driving company, and then as it became clear, he was also kind of embodied a lot of a lot of what what went wrong. So my only instance as I did work out of we work in Dumbo one time. A few years. Was it nice. Yeah. It was nice. It was like all the kind of. HIP places in that part of town. Are. Very minimal decor. So. It's interesting. You brought up that idea of all good things and bad things because in reading through the book you almost. And and maybe other people. Have covered it this way to that it wouldn't have happened with him and it wouldn't have crashed with with him without him. I think that's exactly right and that's when when we wrote my first story and this was when the company was still on the rise we. I didn't come up with this but but the title one of my bosses did was with the I and we and and and you know it's just everything about this company. was. Just, CER- wrapped up in in in Adams great qualities which which company grow and then things kind of centered off off the rails.
Extraordinary Women Radio with Kami Guildner
Awakening Your Inner Wisdom With Laurie Seymour
"Let's meet Laurie. Seymour. Laurie is the host of wisdom talk radio and founder and CEO of the Baka Institute. She works with professional innovators thought leaders product designers company Founders and her work accelerates the time from ideation to implementation and revenue while also opening the innovator to new levels of confidence peace and satisfaction, or you could also be found as a writer on The Huffington Post the Elephant Journal positively positive one wise light and cut. She is a contributing author in the Amazon. Number one bestseller the system of midlife women too and the Amazon number one international bestseller 365 ways to connect with your soul. Let's meet Laurie Seymour. Well, welcome extraordinary women radio Laurie. Well, thank you Kami. I am really Jazz to be here. It's funny. I'm not usually nervous. I've done so many of these I have my own, you know, I am interviewing but there's a little there's a little buzz of something here today. Well, it's funny you say that cuz I've been really excited and nervous to be on your show as well. So I think that must be something I think I think we both have I think when we met each other and we discovered the work that we're both doing even though we both live here in Colorado. There was this this like we were supposed to meet so, yeah. Yeah. No, I think it's really exciting that we have matching and it's it's fun that you know, even when I started looking through the different connections that we have a lot of the same connections and song. How living in the same in the same area. We've missed getting to know each other. So I'm super excited excited to introduce you to my audience and share your work with with all of our lives. Thank you. Thank you. I'm excited to be here for for you for your listeners. And that will get to do the do it the other way very soon. Yes. Yes. So bow, are you holding up during these times? It's crazy times right now. They are such big time. It is such a big time and and even with everything that we could list. I'm aware even in the last few days that the energy has ramped up to another level and I've been waking up in the middle of the night or even wake me up at the beginning and I feel like I don't know what the day is about. I don't know what my life is about and usually I'll spend time asking questions. Like what is today about him, you know bringing through what I'm eating this feels like I'm in a new process and that I'm just I mean the unknown I felt alarmed Of just turning in and really listening and you know getting out my pendulum and playing with what messages are. You know, what what messages am I supposed to hear and where is what say yes or no, and I've actually been making a lot of decisions this last this last week, which is I think part of this whole big ship is making the decisions right making the decisions that are important for where we're going, you know into the next several months into the next year until beyond that. What do you hope? What is your hope for our world as wage? We move through this very important time. Well, I love what you were just saying about making decisions because so much of I think what the work that both of us do is about how do you make decisions and good meaning right for you? My hope is is a lot about moving beyond separation as human beings because we come into a job. World were so focused on being in and of the world that there's a way that we often forget and we'll end or separate from her own knowing of her off our our own recognition. And and so we spend all this time. I want to say forgetting and then we've got to learn once again how not to be separate from our own true self. And in that then we can go beyond the separation between all between everyone between all sorts of
Business Wars Daily
Pandemic Economy is Making Revenues a Lot Better for Better.com
"Linked in just named better dot com number one on its list of top fifty startups, which means they're hiring like mad. The company is the sleeper success of the mortgage world. Undoubtedly, you've heard of its huge rival quicken loans, the largest mortgage lender in the US, but despite the eight billion dollars in loans, better dot com issued. Since March, you may not be familiar with the four year old company founder and CEO this. Shaw Garg tells a classic origin story in two, thousand, thirteen he and his wife were shopping for an apartment in New York City finding the right place at the right price was hard enough. Then they applied for a mortgage it was so much harder than it should be like horrendously bad guard told linked in writer Devon boundary. Their mortgage processor was so slow that they lost the apartment and get this. They weren't exactly slouches when it came to understanding Finance Guard was professionally managing billions of dollars in mortgage backed securities in his wife was a banker as battery reported guard thought if it's so bad for us, we'll how bad is it for everybody else? That's when he decided to start his own mortgage company one that would do things better. BETTER DOT COM launched publicly in two thousand sixteen like quicken loans better is an online firm that allows customers to apply for a mortgage and complete the entire process without speaking to a human being. Choose for the most part algorithms decide whether you get that loan or not, and what it will cost better. Dot Com sells the loans to institutional lenders a common mortgage industry practice. The big piece that guard changed industry-wide loan officers operate on a commission not. So at better, the company says its model freeze it up to match the right loan with a customer rather than incentivizing staffers to sell you the most expensive they can in addition customers say that commission fees as well as some other fees that guard wrung out of the process once launched better dot com did fairly well given the scads of competition out there, but it's the pandemic economy that. Shot better to prominence not to mention made it profitable as we've reported here before refinancings hit record highs after the federal. Reserve, dropped its interest rate to zero in March in an effort to save the sputtering economy additionally social distancing made online mortgages far more appealing to customers who previously may have walked into a bank or at least met with mortgage broker over coffee. The bottom line revenues were about one hundred, million dollars. Last year this year better expects to take in eight hundred million dollars in revenues. A newsletter called the information reported. The information also reported that better is trying to raise another one hundred million dollars in advance of a possible IPO. If it succeeds, the company will be valued at about four billion dollars. That's an insane amount of money for someone who used his apartment down payment to fund his business launch. That's right and his wife never bought that New York apartment. We're betting that they're glad they didn't, but and there's always a but right as high flying is this startup is it's a mosquito on the back of quicken loans and rocket mortgage both owned by the rocket companies together those two companies earned almost six and a half billion dollars in revenue just in the first half of this year both are household names unlike their smaller rival rocket companies went public in August in what the information says was the second largest IPO of the year, it rocketed to almost two billion dollars. With the economy faltering again though rocket share prices down ten dollars from its high of thirty dollars at the end of last month questions abound about how long the housing boom will last.
The Bio Report
Using AI to Crack COVID-19
"So, we're working with. The Barbosa Lab. About northeastern university and Horford, medical, School Brigham and Women's Hospital. They are collaboration burgers. And take it bar Bossy is the same as as one of the company's founders correct to Las Labar Bussey. So. He's a specialist in in network medicine. Is that correct is? What is meant by that term network medicine? So, it's basically. understanding and describing diseases on a molecular level using what is called the interact dome, which is the protein network of of human cells Dr Bossy on his academic collaborators at Harvard have over a decade developed. Science and a platform that. Allows us to look at disease in various student and an accurate way using protein network, and when you look at a disease on on through the land of the protein at work, you are able to capture the complexity. Of A, lot of diseases that are impossible to capture any other way. So. How did the project come about? Did he reach out to Cypher? Cypher suggests this. Well. It was it was. Say Indicative of how things have gone. Through this whole pandemic. The last reach out to us and said that there is a group of scientists that are coming together to try to solve the problem of coming up with generic drug to treat covid nineteen and we said. Can. You guys something we said absolutely. And it was quite interesting because. You know typically in engaging with northeastern and Harvard us. You know six to nine month process of paperwork. To to our surprise, we were asked to jump on. Call the same afternoon. And we started running calls that are still going actually every day at three PM. A consortium of researchers of have gone on Soom Kohl's and push the project. CIPHERS. Role in this effort, so we are. We're using our. First of all over resources on the data science on the computational side some of our our infrastructure to to identify drug stunned can be a repurpose. Cheat Code Nineteen so. We are participating just as as as any. Scientific collaborator on the project. And what exactly is the
MedTech Talk Podcast
Medtech Talk Welcomes its New Host
"I'd like to take this opportunity to introduce the new med tech talk host as well as give him an opportunity to share more about his story. I'd like to welcome Jeff Pardo partner at Gilda healthcare. Hi Jeff. Welcome to the MED tech. Talk podcast thanks worry. I'm not sure. I'm totally deserving of that introduction does very nice and I'm really excited to be hosting the show Awesome Jeff. Can you share a little bit about yourself your background and just also how you got into this industry absolutely? You know it's interesting I. It was not a straight LINE GETTING INTO MED tech at Brown University. Where I went I was a history. Major actually. Didn't take a single science class. I took some economics classes but they were a really boring and I really didn't have any interest in it and But I also recognize. That really didn't want to be a history professor and I didn't know exactly where history would take me so I started exploring after graduation. How to get into business in my first job was actually doing oil and gas consulting of all things and other areas. That hadn't really no idea was doing but I actually was born. In Latin America was put on teams that ended up working in Latin American oil and gas and had a terrific experience and that was my entry into business but then my initiation into midtech really began with sympathies and that turned out to be pivotal to my career development. Why is that well? It's funny Cynthia's was at the time. People probably know now that Cynthia was bought by Johnson and Johnson huge acquisition. Like twenty billion dollars. But at the time Cynthia's while it was reasonably large it was still run like a smaller company founder That owned a majority of the company was really able to shape the culture in the way that he wanted to shape it and part of that was in really tight relationships with clinicians In particular he really mandated that everybody spend a lot of time in the operating room working side by side with clinicians. That's actually not so easy anymore to do in the current You kind of regulatory environment. But at the time we were in the operating room all the time and and it may be realized that I wanted to contribute to innovation on a larger platform in effect companies. In many different medical specialties. So is that how you got into? Venture capitalists yeah exactly so I went to Ward and after Wharton I had a chance to work with cardinal partners. A general healthcare venture firm in Princeton New Jersey and then ultimately went to spray venture partners back in my hometown of Boston and Really was lucky in both cases to learn from some amazing mentors and entrepreneurs in their own right brandon hall. John Clark Dan Cole. Kevin Connors all. These people had a tremendous impact on me and it was really an apprenticeship for a business that you can't teach in a classroom. How South at spray was some of the most. I think important experiences for me. In terms of how to get company STAR WE START ABOUT HALF. The companies in our portfolio with the entrepreneurs filed patents in many cases for these companies but one of the more interesting experiences with solutions which we had invested in the CEO. Step down unexpectedly in two thousand seven and actually. I remember Juliet a backer. Who's now longitude? But at the time was with the peak. What approach me and said she was on the board and she said. Do you want to run this company and I was just you know pretty young guy but I said yes and that's an important lesson for me as I got through microbes. Even when you're not sure sometimes just say yes. That thing's usually important learning experiences. Come out of it and that was an amazing experience because we took a product that was still in a prototype stage yet in the clinic in the early clinical trials. We will find it into a very slick procedure. And we brought it into a full-scale pivotal trial and the device itself was working really well But we also endured a lot of funding challenges. Two Thousand Eight to two thousand eleven is listeners to this podcast probably remember was a very difficult time in medical devices in in particular for spying. Pma's and unfortunately we weren't able to complete the project ended up selling Globus in two thousand eleven and it was not a financial success but so many lessons came out of it for me. I'm sure so. What did you do after that I went? I went back to spray for about six months but during that time also was introduced to the folks from Gilda healthcare and I never met anybody from Gilda but got to know them and really appreciated their strategy of jumping into us. Med Tech at a time that a lot of investors had rotated out of the segment. Why is that well in two thousand eight? There was a financial crisis so that was a time. When you saw pullback from a lot of things but also at the time there was a lot of issues with a regulatory frameworks in Med tech. It was pretty onerous or difficult relationship with FDA issues were reimbursement. Were starting to crop up and a lot of Investors were simply hadn't really had the depth of background in Med tech and didn't know how to navigate some of those challenges so they ended up rotating out and guilt a really brought a fresh perspective in they saw the great products had been developed and the ones that were surviving really were worth investing in and so the last nineteen years For me personally has been an amazing journey through all of that you know. Through the ups and downs of medical devices and through seeing now public market emerged for venture back a device companies which really enables some of these companies to stand on their own two feet rather than than sal out to a bigger company in there's also whirlwind of challenges and opportunities the regulatory and reimbursement landscape shifts. Yeah then you're kidding when you said it's not US straight line. That is quite. The journey enjoyed every moment of it. I mean not that there haven't been really difficult times with various companies but really enjoyed every moment. It's incredibly challenging business. But the really what makes the difference or the people in our business and how dynamic people throughout this business are not only the entrepreneurs and investors but the clinicians also that are really on the frontlines implementing what the engineers are companies Do so it's really cool to be around. Inspiring people on a daily basis and that is a great perspective to bring to the MED tech. Talk podcast yeah when I was approached to do this You know it's exciting to think about what you might like to bring out in a podcast like this and for me really is kind of what I been referencing in terms of individuals their stories and my own story knowing that it wasn't a straight line to get here the chance to interview people and hear about their stories the experiences that shaped them as they were growing up as they were getting into med tech And really understand you know what makes them tick the things that they've learned that have made them successful and the really tough experiences. One thing I'd like to do is highlight failures in our business and the ability to come back from failure the ability to turn around situations. That's something that's not celebrated enough in our business. I don't think people sometimes hide from the more difficult experiences or doesn't go on their resume necessarily and I'd like to start to you. Know I have a small role in changing nat in bringing a spotlight to more difficult things because we learn so much from those experiences. So you'll hear me some of the guests that will bring on. The show is really understand. Kind of what? We're situations that they failed in and what came out of that in the hopes that you know people listening to To the show will really be able to grab onto something and maybe it helps them in in the situation that they're in and then we'll also tackle some of the big challenges in the business whether it's reimbursement regulatory commercialization what it means to take a company public but it will really focus on some of the guests that we have lined up
Business Wars Daily
Tupperware, the Legend of Leftovers, Pops Up a Holiday Store
"Brown. And this is business worse daily. Happy Thanksgiving everyone. There are a few things that most of US associate with this special day. Turkey stuffing cranberry sauce football and as always leftovers and so on this holiday we turn our attention to one of the legends of leftovers. Yes tupperware last week. The seventy three year old company popped up what it's calling in an immersive store in New York City top Soho as it's called will only exist through December twenty seconds. So now's your time. The store blazing with bright red. Green yellow and blue walls is designed to catch the eye of photographers like most pop ups. It's intended as much for social media as it is for human even traffic it features Tupperware as art products. The company describes as museum honored and award winning the first of its kind. The store MARQUESA rotter rotter fundamental shift for tupperware sales have been flagging and shareholders have been pushing tupperware to Will join the twenty first century not long ago. The idea of disrupting its longstanding. Sales strategy the ICONIC TUPPERWARE party would have been unthinkable but with pressure to increase sales. The company is bowed to the inevitable and finally made some of its products accessible directly to the public with a brand new website the already inherent in the pop up store. Is that shortly after world. World War Two company founder. Earl tupper started out trying to sell his newfangled plastic conventions in stores only to discover that virtually no one was buying at the time in plastic was not the plastic. We know today according to Gizmodo writer Rachel Swain used it. I for wartime products like gas masks and military lamps. It was greasy and smelly hardly the kind of thing you'd use to store your. Leftover lasagne tupper changed the plastic formulation itself making it translucent. And getting rid the smell and the grease but consumers didn't trust that the confusing BURP products wouldn't make their food stink anyway without a way to know for sure or they weren't grabbing them off store shelves but as Gizmodo Sway be noted Tupper notice that some of his products were selling unbeknownst to him Direct sales sales company called Stanley home was holding parties where women would sell the Tupperware to other women at those parties dubious. Shoppers could smell the new inventions which were now free of the petroleum byproduct odor plastics past. The party strategy was working in spades. Finally Earl tupper made a deal with Stanley home to make the party's his own in the business. took off Tupper an inventor who'd been scraping by one invention at a time so the company in Nineteen in fifty eight four sixteen million dollars. Tupperware parties have continued to be sacrosanct until now under the guidance of Tupperware's first vice president of global brand engagement ship wrangled Tupperware is now building out ECOMMERCE access for customers in one hundred countries once. That's done and you can actually order that lunchbox online no matter where you are. TUPPERWARE will launch a global ad campaign. That's after years without advertising according to the online publication the drum that's important because in addition to suffering from it's more of a sales model tupperware also faces tough competition glad jointly owned by Clorox proctoring gamble cells similar plastic containers in grocery stores. They're not designed to last for years like Tupperware but the price points are low enough to inspire you to easily throw them into your grocery card and then there's another kind of competitor anyone who sells glass containers seen as far more areco friendly than plastic to combat the latter problem Tupperware as touting the benefits of Reuse in its now EPA free containers. Of course despite it's urgent overhaul Tupperware isn't abandoning the people who kept it going for the last seven decades independent Tupperware reps online. And at the Soho pop-up you'll find a pathway to host a party and in this way Tupperware is dancing a fine line between the past and the future. Not Unlike what Earl tupper yet more than seventy years ago
Business Wars Daily
The Gap Kicks Out CEO Art Peck
"Wondering I'm David Brown and this is business wars daily on this Thursday November twenty first three eight years ago art pack told investors that the gap wants an icon of American fashion needed to quote be remade. In a way that's relevant at the time pack was CEO CEO of the multibillion dollar company which had long been faltering. Today Art. Pack found himself to be irrelevant early this month. The company asked pack to step down after yet another quarter of declining sales and profits in his place steps Robert Fisher son of the company's founders as interim CEO CNN's headline said it all the gap CEO is leaving the company's stock lost more than half its value since he started indeed analysts said PECs ouster after was long in coming according to Daphne howland a journalist with the trade publication retail dive. The gap needs big bold changes ray heart of retail analytics company retail next told Howland incremental change of the sort that packet lead in his five years of CEO would be death by a thousand paper. Cuts Heart Jn said founded in nineteen sixty nine. The gap reached its peak in the year. Two thousand with about forty billion dollars in sales ever since then. It struggled as early earliest two thousand three headlines were asking what went wrong with the gap as the company battle to find an identity. Today it's a far smaller version of its earlier. Khaki Aki selling self but it still big the gap took you in almost eight billion dollars in sales in the first half of two thousand nineteen but as we discussed right here in March wjr the gap has suffered at the hands of numerous competitors and from a staggering decline in mall traffic Spanish fast fashion companies Zara surpassed the gap in sales in the early two thousands and Zahra just keeps zooming ahead with trendy fast fashion garments at low prices this spring the only mass-market gap brand that was doing well was its discount. Chain old navy under art pex leadership gap planned to spend all navy out into its own public company. Those those plans intended for early. Two Thousand Twenty are now in serious question and not just because of pex sudden departure in August old navy suffered sales declines finds for a fourth quarter in a row a performance analysts said was the brand's worst since two thousand sixteen with one bankruptcy or sale after after another over the last few years. There's no question that the apparel industry has become almost excruciatingly difficult to navigate but gap also brought some of its troubles on itself in part by embracing a series of CEO's who seemed to care more about data than about creativity and none was so data. centric centric his art peck. A former partner with the Boston Consulting Group pet joined the company in two thousand five elevated to CEO. Ten years later peck felt creative. Gated directors the designers and merchants who curate fashion were overrated indeed. He dismissed several preferring to rely for direction on Google and Olympics and other metrics in twenty sixteen he called creative executives. False messiahs saying the company had over relied on them to forge the the brand's image. He chose operations managers to lead the company rather than fashion expert. Now perhaps as a result of pex bureaucratic data centric approach the gap finds itself without products compelling enough to draw millennials into its thousands of stores. Those same shoppers have plenty of reasons to peruse the Aisles House of Zara and ATM where merchandise turns quickly.
Markley and Van Camp
Purdue Pharma, make of OxyContin, files for bankruptcy
"Pharmaceutical Purdue pharma maker of oxycontin filed for bankruptcy embarking on a course it holds settles thousands of lawsuits over the nation's opioid crisis not good enough for New York congressman Max rose who wants the company's founders charged I walked the Sackler family charged as criminal drug dealers don't homes confiscated their cars confiscated their wealth
The Tech Guy
If You Used FaceApp, Do Russians Now Own All of Your Photographs?
"So <hes> do you use that face APP I was I was kind of amazed at the reaction to this APP which has been viral went several times before came out a few years ago face APP of you. I'll tell you maybe you don't know about it but the young's do and <hes> I think a lot of the <hes> <hes> <hes> olds due to <hes>. It's kind of fun because you could take a picture of yourself do a little selfie and then modify it in various ways. You've probably seen the results of it. People are posting posting a picture themselves as an old person. Mine is actually terrifying. 'cause I'm already kind of old and then it really makes you old. If you're younger doesn't make you quite sold. It's it's interesting artificial intelligence at work. It can also put makeup on you. Switch genders do all sorts of fun stuff but there was a furore an outcry even Senator Chuck Schumer the <hes> the Senate Minority Leader tweeted don't use this the Democratic National Committee told Twenty Twenty candidates don't use is it's from Russia. It's from Russia. That's not strictly true. It's by a Russian Fella. Ah who actually worked at Microsoft for many years and he got the idea for face APP he was working in Redmond Washington you might have heard of little state up there in the North West. He launched his <hes> when he was at Microsoft in January twenty seventeen yeah it's been around for two years. I remember playing with the company's founder Yellow Goncharov. <hes> is probably a little surprised at this point now yes he's rushing and I think he's in Russia now the company that makes it as a Russian company so now you know how sensitive we are about Russia these days so the the the fear is even says when you use the APP when you take a picture of yourself it is then uploading it to face apps servers now. They're pointing out that the servers actually aren't in Russia there <hes> Amazon web services and Google cloud which is what most apps you so but then there's also this issue in the terms of use the the people read this and they said you grant face APP. This is the terms of us a perpetual irrevocable non-exclusive exclusive royalty free worldwide fully paid transferable sub-licensed license pretty much covers everything to us reproduce modify adapt publish translate create derivative works from distributed publicly performed display your your user content. I E your face and any name user name or likeness provided in connection with your user content in all media formats channels now known or later developed without compensation to you
Business Wars Daily
Firefly Wants to Send Your Stuff into Orbit
"The business wars daily is brought to you by Staples work is changing, but Staples is changing right along with it. The new Staples delivers solutions to help your team be more connected productive, and inspired. Learn more at Staples dot com slash change. From one I'm David Brown. And this is business wars daily on this Thursday, June twenty seven do you have a research project piece of artwork or an invention that you'd like to send up into space? Sounds crazy, right? Wrong firefly aerospace is offering just that an opportunity to put your project into orbit around the end of this year. The Texas based company develops rockets intended to launch small satellites into space and help publicize its mission to make space accessible to everyone firefly will accept payloads ranging from children's art work to university experiments to inventions by space entrepreneurs for free the cargo will go into orbit on alpha the company's first small satellite launch vehicle think of alpha like a taxi into space, but a taxi that carries cargo not people firefly has reserved some of alpha unused space for your payload. Owed the companies taking applications on its website through the end of June, the free payloads are part of the company's dream program that's an acronym for dedicated research and education, accelerator mission company, founder Tom are Kucic is a former NASA and SpaceX engineer, he says he's always wanted to boost interest in the stem fields that science technology engineering and math. The dream program is his manifestation of that desire, the quest for space travel inspire stem interests, like no other endeavor. The company says, alpha has been a long time in the making unlike other startup space companies like SpaceX and Jeff Bezos blue origin, firefly CEO didn't make a fortune elsewhere before starting his company in two thousand fourteen he kept it funded with small amounts from venture capitalists until twenty sixteen when a combination of financial and legal problems Sankt, the company it filed for bankruptcy and competitors. Left it for dead in two thousand seventeen it's assets were. Sold, but six months later, a new investor came along and Markku sick was able to restructure and start inventing again, last November, NASA awarded contracts in nine companies that allow them to bid on delivering payloads to the moon over the next decade. And even though firefly has yet to launch its first rocket it received one of those lunar landing contracts. But the part of the space industry that firefly occupies, crowded, the company faces several rivals, including SpaceX, virgin rocket and rocket lab. Remember your first day of college when you were told to look left and right at your fellow freshman and warned that in a year or two. One of you would be gone. Well, same here experts, including the vendors themselves believe the industry is right for a shakeout firefly's dream payload program is out Ristic and good publicity, along with affordability the ultimate test for firefly. We'll be how it performs when it zooms off its pad this. Winter and how well it's many rivals do as they race into space. Brown won re this business wars daily, if you like dreaming of the near impossible with us. Let us know small step for you giant leap for business workday gives a five star rating on apple podcast, Google podcast, Itcher, or your favorite listing, thanks so much. I'm David Brown Ables tomorrow. Business wars. Daily is brought to you by Staples. The world of work is changing faster than ever before a week ago open floor plans were in. Now, they're out the pace of our evolving work lives can feel overwhelming. But Staples can help not the old stables, but a new Staples that delivers solutions to help your team be more connected productive, and inspired work may be constantly changing. But Staples is changing right along with it to support you. Learn more at Staples dot com slash change.
NPR's Business Story of the Day
Opioid Crackdown Could Lead To More Drug Company Bankruptcies
"Support for this podcast and the following message come from frame bridge. They make custom framing easy and affordable frame. Your art in photos at frame bridge dot com or visit their new stores located on fourteenth street and Bethesda row. Get fifteen percent off your first frame bridge order with code NPR just two years ago. The opioid manufacturer insists posted a quarter of a billion dollars in sales. Now, the Zona based company is declaring bankruptcy, federal prosecutors played this video as evidence in a trial against insists executives were convicted last month. Raising the ball and would change in the game. Great. It takes a decision to be better than the competition. The two thousand fifteen video featured a person dressed up as a giant bottle of the company's fennel spray and it was supposed to boost sales. The bankruptcy is the latest development in a string of lawsuits against big pharma, as state and federal governments pushed for accountability for the opioid addiction crisis. North country public radio's Brian man has been covering the story closely and he joins us now. So Brian what happened to insists? Yeah, these guys fell really far really fast. They marketed this medication subsists that included feno they're biggest product tens of millions of dollars in sales that it turns out this prescription opioid, like so many others marketed aggressively by the drug industry is really addictive really risky, the company pleaded guilty to series of felony charges, including claims, they bribed doctors to prescribe their medication. Pushing it to patients who should not have been using it. They're gonna pay the federal government, two hundred twenty five million dollars in penalties and company founder, John Kapoor and four other insys executives were convicted last month on racketeering charges in two hundred and twenty five million dollars in penalties is a lot of money. But this is a multibillion dollar corporation. So why did insists need to need to for bankruptcy? Right. You know what it is out? There is a lot of other opioid related lawsuits pending against the company in a statement yesterday, CEO, Andrew long described those as legacy legal challenges, and to capitol that sales of their product of plummeted. So they've announced they'll go through bankruptcy proceedings. Try to resolve all these liabilities and see what's left of the company. I mean, there's some really big names who've been implicated in the opiates crisis. Right Johnson and Johnson is one of them pharmacies like CVS, even organised by other other bankruptcies down the road here. Yeah. Big companies Johnson and Johnson McKesson WalMart. They have really deep pockets, lots of assets. They're not likely to go this bankruptcy route. But executives, for example, at Purdue pharma, the maker of Oxycontin. They have already floated the possibility of bankruptcy. This is being talked about in courtrooms all over the country. Remember, now, Rachel more than eighteen hundred state and local governments have filed these opioid related lawsuits. So the penalties and settlements could run into tens of billions of dollars really rivaling those big tobacco settlements of the nineteen nineties and the question. Now is how much can these companies pay to help clean up the opioid mess without putting them out of business? Well, what about those people who had specific claims against insects? I mean does filing for bankruptcy. Let the company off the hook and paying those families, or those victims of the crisis who fought to write the move attorneys representing a lot of those local governments issued a statement yesterday saying they're going to work now to find what assets remained incest, that might still be sort of attached, but they say their goal is not. Not to bankrupt, these companies that they're targeting. They said they want to use settlements to ease the epidemic seek what they call long term sustainable solutions and one thing. That's interesting here is the federal judge in Ohio, who's overseeing a lot of these cases. A guy named Dan pollster has been really outspoken, calling for some kind of a global negotiated settlement that will get money to community suffering from this epidemic. While also restoring stability to the drug industry, and so far that kind of deal just hasn't happened. But I man with north country public radio. Brian, thank you. We appreciate it. Thank you so much.
Nightside with Dan Rea
Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
"When resorts could be selling the encore Boston casino before it even opens up. They are now in talks with MGM resorts, about potentially selling. The yet to be opened Everett casino now. That's the case MGM would have to sell their casino in Springfield, gambling regulators recently just slapped win resorts with a thirty five million dollar fine. They did let them keep their casino licence. This was all after they found out executives failed to disclose sexual misconduct allegations against the company's founder Steve Wynn. There was also word that regardless of whether or not the casino is sold. It will open on time in
Latest In Tech News
The Future Of Wearable Tech
"What what do you think that might be glasses? Maybe something put on air. Maybe wrist watch. Maybe I don't know could be a combination of all three, but couple companies notably very very few of them are saying that it could be a hearing aid. Now, this was brought to my attention earlier today, a reader wrote in the Email, and he said any information on when and where these Mars ear buds will be available for sale. Thanks pantley. Last year will not apparently last year, we had covered the Mars ear buds simultaneous person a person. Translation, winning big at C ES twenty eighteen we had heard then that rumor was they'll be unveiling it more in terms of pricing in one it'll be out to order near the end of twenty eight teen haven't heard anything yet. No. Oh, cool. What's going on? All we know is that companies throughout these great ideas. Keep in mind at C E S Awada companies use CS as the platform to gauge kind of the market reply in if they don't get their they want they'll usually just go. I don't think we'll do that. But if it's something that they want actually in production to do it you can guarantee that especially for the bigger companies who can guarantee that will be coming out in short order. So not to mention that some things unveiled at certain events. Don't really wind up to be what they are promised to be. But well might be just a hearing aid. And I will be taking a look here really quick. We won't be going through this whole article be looking at a couple of the highlights. So when Brandon swallowed started Starkey hearing technologies in suburban new, Minneapolis. He was nineteen and they're about seventy companies worldwide making hearing aids now Buick Taylor, what are you talking about hearing aids fort while just listen, you might glean some interesting. Information off of this that was back in nineteen ninety four. His job was the clean ones mailed in for repair or occasionally returns because the user was then no longer needed them today swatches forty three there are five companies, and he's president of Starkey which employs six thousand people and sold eight hundred million in hearing aids last year, we've been right here in Eden prairie since nineteen seventy four he says as I guess author is getting a tour of the company headquarters, then corrects himself technically started a few years before that in the basement of Mr. Austin's home. It's one of those great entrepreneurial American success stories such moved from a waxy build to event to sales to Finally President the company's tap position, which he assumed at twenty sixteen in a wake of a fraud scandal that rocked Starkey. He's also stepson of the F or mentioned, Mr. Austin William Austin for billionaire company founder who built key into a privately held Goliath and have made hearing aids for seemingly every famous person who require them, including four US presidents to. Pope's Nelson Mandela and Mother Theresa Starkey is now the only one surviving big five manufacturers based in the US. What's thin the herd of competitors? He says is technology hearing aids used to be relatively simple inexpensive to make a net hugely different from brand brand today. They're increasingly complex digital product requiring teams of engineers, a robust investment in research and development if in barely visible wire curled over the top of each of his ears in vanishes into the cows were in earpiece asides of a marker tip delivers sound these are real. He says I do have some minor hearing loss, and he says it's from loud music and shooting guns in his youth. He's also wearing these thin barely visible aids. Because the company's latest and greatest development the reason three hundred of America's tap audiologist will arrive in two days time at this building be a red carpet while stunning gauntlet of whooping in clapping employees. So what's interesting about that? Sloshes fond of saying Saint Starkey makes the product that. Nobody wants almost two thirds of the people in America who need hearing aids don't have them and those who do accept their fate and wait an average of seven years from the first symptom before seeking help with these hearing aids are going to evolve he says so that you don't have to have hearing loss to want a hearing aid. You heard correction well read or her or watched that correctly Starkey is now hitching the world a hearing aid for people who don't need hearing aids launch pulls out in iphone of his jacket pocket. No pins and ABC called thrive. Bill to company this paradigm shift of a product the Livio AI as this new devices called is tiny sensors, plus as it's name suggests artificial intelligence selectively filter noise in focused on specific sound sources. For instance, the person across the table in a busy restaurant while also tracking various health metrics including steps steps