35 Burst results for "Twenty Twenty"

9 Minutes and 29 Seconds: The Derek Chauvin Trial

Court Junkie

02:13 min | just now

9 Minutes and 29 Seconds: The Derek Chauvin Trial

"Thirty pm on may twenty fifth two thousand twani at the intersection of east thirty eighth street and chicago avenue in minneapolis. Minnesota was the aftermath of something. Horrific that had just occurred there. Donald williams was calling nine one one of the emergency designing killing In front of chicago He is pretty noisy. Guy wasn't the rest. Yeah neck the whole time. I'll do ninety man win. Went by breathing was arrested. Nothing you've already made green light these stupid. If not responsible when the ambulance you're area cattle. Donald was talking fast. He would later say he called nine one one because he didn't know what else to do about what he had just witnessed. He told the dispatcher that he saw a police officer quote pretty much. Just kill this guy. Who wasn't resisting arrest. He had his knee and this dude's neck the whole time. He said officer nine eighty-seven referring to the officer's badge number he had seen. He said the man hadn't been resisting that he was already in handcuffs when the officer knelt on him pinning him down on the ground then. The man stopped breathing and was non responsive when the ambulance came he said. Would you like to speak with us sergeant. That would go. What a wasn't the rest for. Let me get you over to the best thing for thing. Don't be his own off. Duty firefighter day. Your washing it. As well jacob go the one person he told the dispatcher he had been standing there watching with a woman who was an off duty firefighter. That woman told the officer to check the man for a pulse. He said but the officer refused

Donald Williams Chicago Minneapolis Minnesota Donald Trump GUY Jacob
With jury set, Potter trial turns to opening statements

AP News Radio

01:01 min | 1 hr ago

With jury set, Potter trial turns to opening statements

"Opening opening arguments arguments begin begin today today in in the the trial trial for for the the former former Minnesota Minnesota police police officer officer who who fatally fatally shot shot black black motorist motorist Dante Dante right right but but says says she she was was trying trying to to use use a a taser taser not not her her gun gun prosecutors prosecutors will will tell tell jurors jurors that that former former Brooklyn Brooklyn center center police police officer officer Kim Kim potter potter had had been been well well trained trained on on the the use use of of a a taser taser several several times times in in her her twenty twenty six six year year career career and and that that she she should should be be convicted convicted of of manslaughter manslaughter because because she she consciously consciously chose chose to to use use force force on on Dante Dante right right drawing drawing pointing pointing in in manipulating manipulating a a weapon weapon during during an an April April eleventh eleventh traffic traffic stop stop captured captured on on her her body body cam cam video video the the defense's defense's potter potter made made an an innocent innocent mistake mistake pulling pulling her her hand hand gun gun instead instead of of her her taser taser as as the the twenty twenty year year old old right right tried tried to to drive drive away away while while officers officers were were trying trying to to arrest arrest him him the the mostly mostly white white jury jury will will hear hear the the case case in in the the same same courtroom courtroom used used for for the the trial trial of of former former Minneapolis Minneapolis police police officer officer Derek Derek Chauvin Chauvin who who was was found found guilty guilty of of killing killing George George Floyd Floyd in in twenty twenty twenty twenty nine nine Jackie Jackie Quinn Quinn

Dante Dante Minnesota Minnesota Police Pol Brooklyn Brooklyn Center Cente Kim Kim Potter Potter Potter Potter Minneapolis Minneapolis Police Derek Derek Chauvin Chauvin George George Floyd Floyd Jackie Jackie Quinn Quinn
Lakers beat Celts...Mavericks skid...Leafs' Spezza suspended

AP News Radio

00:59 min | 1 hr ago

Lakers beat Celts...Mavericks skid...Leafs' Spezza suspended

"AP AP sports sports I'm I'm Tom Tom Mariam Mariam just just three three games games in in the the NBA NBA Tuesday Tuesday the the Brooklyn Brooklyn nets nets now now I I have have the the best best record record in in the the Eastern Eastern Conference Conference after after defeating defeating the the Mavericks Mavericks one one of of two two ninety ninety nine nine new new York's York's other other team team the the Knicks Knicks also also one one in in Texas Texas stopping stopping San San Antonio Antonio one one twenty twenty one one one one oh oh nine nine the the Lakers Lakers won won easily easily over over the the Celtics Celtics one one seventeen seventeen one one oh oh two two off off the the court court the the NBA NBA has has tightened tightened its its restrictions restrictions on on unvaccinated unvaccinated players players they they will will be be unable unable to to reenter reenter the the U. U. S. S. if if they they leave leave the the country country including including for for games games in in Toronto Toronto Toronto's Toronto's hockey hockey team team now now it's it's time time for for the the most most points points in in the the NHL NHL after after hanging hanging on on for for a a five five four four win win over over Columbus Columbus the the Rangers Rangers extended extended their their winning winning streak streak to to seven seven games games by by beating beating the the Blackhawks Blackhawks six six to to two two the the islanders islanders meanwhile meanwhile snapped snapped an an eleven eleven game game losing losing streak streak with with a a five five three three win win in in Iowa Iowa college college basketball basketball in in a a renewal renewal of of an an old old big big east east rivalry rivalry number number six six Villanova Villanova beat beat Syracuse Syracuse sixty sixty seven seven fifty fifty three three two two other other AP AP top top ten ten teams teams played played one one number number eight eight Kansas Kansas stepped stepped all all over over UTEP's UTEP's seventy seventy eight eight fifty fifty two two while while temporary temporary Kentucky Kentucky was was north north of of southern southern seventy seventy six six sixty sixty four four I'm I'm Tom Tom merry merry M. M. A. A. P. P. sports sports

NBA Ap Ap Tom Tom Mariam Mariam Brooklyn Brooklyn Nets Mavericks Knicks Antonio Antonio Toronto Celtics Lakers New New York San San Texas Columbus Columbus Rangers Rangers NHL Hockey Blackhawks Islanders Islanders Iowa College College
Defense rests after Jussie Smollett repeatedly denies 'hoax'

AP News Radio

00:33 sec | 5 hrs ago

Defense rests after Jussie Smollett repeatedly denies 'hoax'

"It's it's the the beginning beginning of of the the end end for for the the justice justice will will lead lead trial trial in in Chicago Chicago one one last last step step before before the the jury jury gets gets the the case case that's that's closing closing arguments arguments both both sides sides now now resting resting on on the the jury jury got got to to hear hear from from jussie jussie Smollett Smollett for for second second straight straight day day of of testimony testimony the the fired fired empire empire star star pretty pretty much much stuck stuck to to the the story story that that he's he's been been telling telling since since January January twenty twenty nineteen nineteen that that he he suffered suffered a a beating beating on on Chicago Chicago street street that that was was fueled fueled by by racism racism and and anti anti gay gay sentiments sentiments prosecutors prosecutors have have charged charged him him with with hiring hiring a a pair pair of of brothers brothers to to choreograph choreograph the the beat beat down down then then reported reported it it to to police police as as a a hate hate crime crime I'm I'm Oscar Oscar wells wells Gabriel Gabriel

Chicago Jussie Jussie Smollett Smollett Oscar Oscar Wells Gabriel Gabriel
Nets beat Mavs 102-99, hand Dallas 5th consecutive home loss

AP News Radio

00:34 sec | 5 hrs ago

Nets beat Mavs 102-99, hand Dallas 5th consecutive home loss

"The the Brooklyn Brooklyn nets nets rally rally from from a a seventeen seventeen point point deficit deficit to to edge edge the the Dallas Dallas Mavericks Mavericks one one oh oh two two ninety ninety nine nine so so the the nets nets improved improved to to seventeen seventeen and and seven seven overall overall nine nine into into on on the the road road well well the the Massdrop Massdrop to to eleven eleven and and twelve twelve their their fifth fifth loss loss in in the the last last six six games games the the next next trail trail by by eleven eleven after after three three but but outscored outscored the the mass mass twenty twenty seven seven thirteen thirteen in in the the fourth fourth highlighted highlighted by by Kevin Kevin Durant Durant well well Levin Levin of of his his team team high high twenty twenty for for that that quarter quarter James James harden harden had had twenty twenty three three points points twelve twelve assists assists well well look look at at Dante's Dante's led led the the match match with with a a game game high high twenty twenty eight eight points points and and nine nine assists assists Kristoff Kristoff Persinger Persinger said said seventeen seventeen points points and and twelve twelve boards boards Bob Bob Stevens Stevens Dallas Dallas

Brooklyn Brooklyn Nets Dallas Dallas Mavericks Mavericks Kevin Kevin Durant Durant Levin Levin Nets James James Harden Harden Dante Kristoff Kristoff Persinger Pe Bob Bob Stevens Stevens Dallas
Publisher scraps plans to release book by Chris Cuomo

AP News Radio

00:42 sec | 8 hrs ago

Publisher scraps plans to release book by Chris Cuomo

"Hi hi Mike Mike Rossi Rossi are are reporting reporting a a planned planned book book by by Chris Chris Cuomo Cuomo has has been been canceled canceled a a planned planned book book by by former former CNN CNN host host Chris Chris Cuomo Cuomo has has been been canceled canceled it's it's the the latest latest fallout fallout for for Cuomo Cuomo who who was was fired fired by by CNN CNN Saturday Saturday after after more more information information came came to to light light about about his his role role in in helping helping his his brother brother former former New New York York governor governor Andrew Andrew Cuomo Cuomo responded responded to to sexual sexual harassment harassment allegations allegations Cuomo Cuomo had had been been suspended suspended indefinitely indefinitely after after the the New New York York Attorney Attorney General General released released records records showing showing he he was was more more involved involved in in his his brother's brother's defense defense efforts efforts than than previously previously known known the the book book had had been been scheduled scheduled for for the the fall fall of of twenty twenty twenty twenty two two and and was was billed billed in in part part as as a a provocative provocative analysis analysis of of the the harsh harsh truth truth is is that that the the pandemic pandemic and and trump trump years years of of exposed exposed about about America America hi hi Mike Mike Rossio Rossio

Chris Chris Cuomo Cuomo CNN Cuomo Cuomo New New York York Mike Mike Rossi Rossi Andrew Andrew Cuomo Cuomo America Mike Mike Rossio Rossio
Suspect in the killing of Saudi journalist Jamal Khashoggi arrested

AP News Radio

00:39 sec | 9 hrs ago

Suspect in the killing of Saudi journalist Jamal Khashoggi arrested

"A a judicial judicial official official in in France France as as a a suspect suspect in in the the killing killing of of Saudi Saudi journalist journalist Jamal Jamal Khashoggi Khashoggi has has been been arrested arrested in in France France RTL RTL in in France France reports reports the the Saudi Saudi suspect suspect elite elite eight eight allocate allocate B. B. was was arrested arrested at at Charles Charles de de Gaulle Gaulle airport airport near near Paris Paris as as he he was was trying trying to to board board a a flight flight to to Riyadh Riyadh he he was was one one of of over over a a dozen dozen Saudi Saudi officials officials sanctioned sanctioned by by the the US US treasury treasury in in twenty twenty eighteen eighteen over over because because Georgie's Georgie's killing killing and and dismemberment dismemberment at at the the Saudi Saudi consulate consulate in in Istanbul Istanbul Turkey Turkey showed showed he he was was a a prominent prominent critic critic of of the the Saudi Saudi government government and and worked worked for for The The Washington Washington Post Post Saudi Saudi Arabia Arabia held held a a trial trial for for some some of of those those involved involved in in the the killing killing sentencing sentencing five five to to death death before before sparing sparing them them of of execution execution I'm I'm a a Donahue Donahue

Saudi Saudi France Jamal Jamal Khashoggi Khashogg Rtl Rtl B. B. Charles Charles De De Gaulle G Riyadh Riyadh Us Treasury Treasury Georgie Paris Saudi Saudi Consulate Istanbul Saudi Saudi Government Governm Turkey The The Washington Washington Saudi Saudi Arabia United States Arabia Donahue Donahue
Defense rests at Jussie Smollett's trial

AP News Radio

00:46 sec | 9 hrs ago

Defense rests at Jussie Smollett's trial

"Lawyers lawyers for for actor actor jussie jussie Smollett Smollett have have rested rested their their case case in in his his trial trial in in Chicago Chicago or or small small lettuce lettuce accused accused of of lying lying to to police police about about a a racist racist anti anti gay gay attack attack that that he he allegedly allegedly staged staged on on himself himself for for publicity publicity I I marches marches are are a a letter letter with with the the latest latest well well just just a a small small lead lead was was calm calm during during defence defence questions questions on on Monday Monday on on his his second second day day of of testimony testimony he he seemed seemed irritated irritated as as special special prosecutor prosecutor Dan Dan Webb Webb revealed revealed inconsistencies inconsistencies about about private private messages messages regarding regarding the the attack attack in in January January twenty twenty nineteen nineteen small small lot lot also also denied denied the the driving driving around around with with the the Sendero Sendero brothers brothers a a few few days days before before the the alleged alleged attack attack was was a a practice practice run run he he said said he he had had planned planned to to work work out out with with one one brother brother but but called called it it off off when when the the other other came came along along small small let let has has testified testified there there was was no no hoax hoax on on his his part part and and the the senderos senderos are are lying lying when when they they say say he he paid paid them them to to attack attack him him closing closing arguments arguments are are set set for for Wednesday Wednesday

Jussie Jussie Smollett Smollet Chicago Dan Dan Webb Webb
Attorney says Meadows won't cooperate with Jan. 6 panel

AP News Radio

00:44 sec | 9 hrs ago

Attorney says Meadows won't cooperate with Jan. 6 panel

"Only only clung clung cases cases have have been been confirmed confirmed in in at at least least nine nine African African countries countries with with some some officials officials reporting reporting that that initial initial cases cases appear appear to to be be mild mild South South Africa Africa remains remains the the epicenter epicenter of of the the only only clone clone a a break break with with ex ex but but finding finding the the overwhelming overwhelming majority majority of of thousands thousands of of new new coronavirus coronavirus cases cases per per day day all all of of the the new new variant variant in in East East Africa Africa Uganda Uganda has has reported reported its its first first seven seven cases cases on on record record detected detected in in travelers travelers from from South South Africa Africa and and Nigeria Nigeria who who are are the the only only team team International International Airport Airport on on November November twenty twenty nine nine all all are are currently currently in in isolation isolation one one in in southern southern Africa Africa Namibia Namibia has has confirmed confirmed eighteen eighteen cases cases of of Omicron Omicron none none of of which which are are hospitalized hospitalized early early evidence evidence is is suggesting suggesting that that all all bitcoin bitcoin spreads spreads faster faster with with the the symptoms symptoms appear appear to to be be mild mild I'm I'm Charles Charles de de Ledesma Ledesma

South South Africa Africa East East Uganda International International Ai Nigeria Namibia Charles Charles De De Ledesma
'Cheugy,' 'omicron' among 2021's most mispronounced words

AP News Radio

00:37 sec | 19 hrs ago

'Cheugy,' 'omicron' among 2021's most mispronounced words

"The the most most mis mis pronounce pronounce words words of of twenty twenty twenty twenty one one are are out out the the new new coronavirus coronavirus very very it it made made the the list list is is it it number number one one for for mmhm mmhm and and here's here's one one that's that's a a trendy trendy term term made made popular popular by by Genzebe Genzebe jewelry jewelry it it can can be be used used broadly broadly to to describe describe someone someone who who is is out out of of date date or or trying trying too too hard hard also also on on the the list list put put together together by by the the U. U. S. S. captioning captioning company company the the food food chain chain chipotle chipotle and and Glasco Glasco the the host host city city of of November's November's United United Nations Nations climate climate conference conference which which was was mispronounced mispronounced by by both both president president Joe Joe Biden Biden Glasco Glasco and and former former president president Barack Barack Obama Obama Lasko Lasko actually actually out out there there

Genzebe Genzebe U. U. S. S. Chipotle Chipotle Glasco Glasco United United Nations Nations President President Joe Joe Bi Barack Barack Obama Obama Lasko Lasko
Paul, Suns beat Spurs 108-104, 1st team to 20 victories

AP News Radio

00:39 sec | 1 d ago

Paul, Suns beat Spurs 108-104, 1st team to 20 victories

"The the sons sons of of the the first first NBA NBA team team to to twenty twenty victories victories after after Chris Chris Paul Paul delivered delivered twenty twenty one one points points and and ten ten assists assists in in a a wanna wanna wait wait one one oh oh four four down down in in the the spurs spurs Paul Paul converted converted a a three three point point play play that that allowed allowed the the sun's sun's iced iced the the win win J. J. Crowder Crowder had had a a season season high high nineteen nineteen points points for for Phoenix Phoenix although although I'm I'm certain certain that that if if you you roll roll in in and and out out there there in in the the first first half half of of this this you you are are I I was was on on I I was was pretty pretty much much on on my my site site was was so so great great and and I I just just wanted wanted to to stay stay aggressive aggressive knives knives out out there there to to get get a a floor floor going going to to give give me me one one she she wanna wanna go go in in and and for for males males only only had had a a few few so so just just on on sale sale grass grass if if the the spurs spurs had had their their four four game game winning winning streak streak snapped snapped to to chante chante Murray Murray was was high high man man for for San San Antonio Antonio with with seventeen seventeen points points while while Bryn Bryn Forbes Forbes added added fifteen fifteen off off the the bench bench on on the the ferry ferry

Chris Chris Paul Paul Paul Paul NBA J. J. Crowder Crowder Phoenix Spurs Spurs Spurs Chante Chante Murray Murray San San Antonio Antonio Bryn Bryn Forbes Forbes
Patriots out-run Bills in14-10 win in blustery conditions

AP News Radio

00:43 sec | 1 d ago

Patriots out-run Bills in14-10 win in blustery conditions

"The the patriots patriots have have sole sole possession possession of of first first place place in in the the AFC AFC east east following following a a fourteen fourteen ten ten win win over over the the second second place place bills bills Damien Damien Harris Harris scored scored on on a a sixty sixty four four yard yard run run in in blustery blustery conditions conditions in in which which Mack Mack Jones Jones attempted attempted just just three three passes passes the the pats pats have have gained gained the the bills bills to to twenty twenty two two to to ninety ninety nine nine yards yards rushing rushing with with Harris Harris delivering delivering a a season season high high one one hundred hundred eleven eleven this this week week office office morphed morphed into into a a teen teen I I was was gonna gonna run run the the football football I'm I'm at at work work and and you you know know I I think think we we should should all all be be proud proud of of you you know know I I think think the the mental mental toughness toughness and and what what we're we're able able to to do do as as a a team team defensive defensive back back Myles Myles Bryant Bryant sealed sealed the the victory victory by by batting batting down down Josh Josh Allen's Allen's past past the the goal goal line line with with one one fifty fifty five five remaining remaining billing billing on on this this night night and and for for following following its its seventh seventh straight straight win win buffalo buffalo was was seven seven and and five five I'm I'm Dave Dave Ferrie Ferrie

Patriots Damien Damien Harris Harris Mack Mack Jones Jones Harris Harris AFC Pats Football Myles Myles Bryant Bryant Josh Josh Allen Allen Buffalo Dave Dave Ferrie Ferrie
Antetokounmpo scores 27 on 27th birthday, Bucks win 112-104

AP News Radio

00:31 sec | 1 d ago

Antetokounmpo scores 27 on 27th birthday, Bucks win 112-104

"The the bucs bucs big big three three took took over over in in the the fourth fourth quarter quarter and and they they pulled pulled away away for for their their tenth tenth win win in in the the last last eleven eleven games games a a one one twelve twelve one one oh oh four four victory victory over over the the Cavaliers Cavaliers Jana Jana son son a a couple couple had had twenty twenty seven seven in in his his return return from from a a two two game game absence absence because because of of injury injury on on a a couple couple drew drew holiday holiday and and Chris Chris Bilton Bilton combined combined to to score score all all twenty twenty six six fourth fourth quarter quarter points points and and had had all all four four assists assists the the books books are are unbeaten unbeaten went went out out a a couple couple of of Milton Milton and and how how they they are are all all on on the the line line up up the the Cavaliers Cavaliers trailed trailed by by as as many many as as thirteen thirteen but but made made it it a a two two point point game game in in the the fourth fourth quarter quarter but but could could never never lead lead Jarrett Jarrett Allen Allen led led the the cavs cavs with with twenty twenty five five check check Freeman Freeman Milwaukee Milwaukee

Cavs Bucs Jana Jana Drew Drew Chris Chris Bilton Bilton Milton Milton Jarrett Jarrett Allen Allen Freeman Freeman Milwaukee
After firing coach, Flyers drop 9th straight, 7-5 to Avs

AP News Radio

00:38 sec | 1 d ago

After firing coach, Flyers drop 9th straight, 7-5 to Avs

"The the avalanche avalanche scored scored four four first first period period goals goals over over to to a a seven seven five five win win over over the the flyers flyers Colorado Colorado tied tied the the game game in in the the first first period period on on a a shorthanded shorthanded goal goal by by Eric Eric Johnson Johnson the the avalanche avalanche mated mated to to one one on on a a goal goal by by Gabriel Gabriel Landeskog Landeskog it it became became four four one one now now looks looks new new hook hook and and Cale Cale Makar Makar scored scored power power play play goals goals twenty twenty six six seconds seconds apart apart the the goal goal by by my my car car was was his his eleventh eleventh yeah yeah obviously obviously we we want want to to be be good good on on the the special special team team side side of of things things moving moving the the puck puck well well fast fast Claude Claude Giroux Giroux scored scored a a pair pair of of goals goals in in the the loss loss the the ninth ninth straight straight for for the the flyers flyers who who hours hours earlier earlier I I believe believe the the lame lame video video of of his his duties duties as as head head coach coach Michael Michael Luongo Luongo Philadelphia Philadelphia

Avalanche Eric Eric Johnson Johnson Gabriel Gabriel Landeskog Colorado Cale Cale Makar Makar Flyers Claude Claude Giroux Giroux Michael Michael Luongo Luongo Philadelphia
Pence's former top aide cooperating with Jan. 6 panel

AP News Radio

00:48 sec | 1 d ago

Pence's former top aide cooperating with Jan. 6 panel

"Hi hi Mike Mike Rossi Rossi reporting reporting former former vice vice president president pence's pence's former former top top aide aide is is cooperating cooperating with with the the January January sixth sixth panel panel Marc Marc short short who who was was chief chief of of staff staff to to vice vice president president Mike Mike pence pence is is cooperating cooperating with with the the house house panel panel investigating investigating the the January January sixth sixth insurrection insurrection at at the the US US capitol capitol according according to to a a person person familiar familiar with with the the matter matter who who spoke spoke to to the the AP AP on on condition condition of of anonymity anonymity short short had had accompanied accompanied pence pence to to the the capital capital for for the the Senate Senate certification certification of of Joe Joe Biden's Biden's victory victory in in the the twenty twenty twenty twenty presidential presidential election election short short was was with with pants pants as as the the vice vice president president fled fled from from riders riders who who were were calling calling for for pence's pence's hanging hanging short short was was also also present present for for several several meetings meetings at at the the White White House House that that preceded preceded the the insurrection insurrection at at one one point point short short was was banned banned from from the the White White House House by by former former president president Donald Donald Trump Trump because because he he objected objected to to pressure pressure trump trump was was putting putting on on pants pants to to reject reject the the election election results results Mike Mike Rossio Rossio Washington Washington

Mike Mike Rossi Rossi Pence's Pence Marc Marc Mike Mike Pence Pence House House Ap Ap Senate Senate Joe Joe Biden White White House House United States Biden Pence Donald Donald Trump Trump Trump Trump Mike Mike Rossio Rossio Washington
GOP Rep. Nunes leaving Congress for Trump social media firm

AP News Radio

00:44 sec | 1 d ago

GOP Rep. Nunes leaving Congress for Trump social media firm

"Hi hi Mike Mike Rossi Rossi reporting reporting G. G. O. O. P. P. representative representative Devin Devin Nunez Nunez is is leaving leaving the the house house to to join join former former president president trump's trump's new new social social media media firm firm Republican Republican representative representative Devin Devin Nunes Nunes of of California California is is leaving leaving Congress Congress at at the the end end of of the the year year to to join join former former president president Donald Donald trump's trump's fledgling fledgling media media company company a a statement statement from from the the trump trump media media and and technology technology group group says says Nunez Nunez will will serve serve as as chief chief executive executive officer officer Nunez Nunez was was one one of of trump's trump's most most devoted devoted loyalists loyalists in in Congress Congress the the house house intelligence intelligence committee committee impeachment impeachment hearing hearing in in November November twenty twenty nineteen nineteen Nunez Nunez said said it's it's obvious obvious that that Democrats Democrats are are trying trying to to topple topple the the president president solely solely because because they they despise despise the the company company trump trump is is launching launching is is intended intended to to rival rival Twitter Twitter which which blocks blocks trump's trump's account account in in January January following following the the storming storming of of the the U. U. S. S. capitol capitol Mike Mike Rossio Rossio Washington Washington

Nunez Nunez Mike Mike Rossi Rossi G. G. O. O. P. P. Representati House House Devin Devin Nunes Nunes Congress Donald Donald Trump California House House Intelligence Intel Donald Trump Trump Trump Twitter Mike Mike Rossio Rossio U. Washington
Emmett Till investigation closed by Justice Department

AP News Radio

00:59 sec | 1 d ago

Emmett Till investigation closed by Justice Department

"Hi hi Mike Mike Rossi Rossi a a reporting reporting a a justice justice department department investigation investigation into into the the lynching lynching of of Emmett Emmett till till is is being being closed closed the the US US justice justice department department has has told told relatives relatives of of Emmett Emmett till till it it is is ending ending its its latest latest investigation investigation into into the the nineteen nineteen fifty fifty five five lynching lynching of of till till in in Mississippi Mississippi a a person person familiar familiar with with the the matter matter who who spoke spoke on on condition condition of of anonymity anonymity told told the the Associated Associated Press Press about about the the closure closure of of the the investigation investigation the the fourteen fourteen year year old old hill hill who who was was from from Chicago Chicago was was abducted abducted tortured tortured and and killed killed after after witnesses witnesses said said he he whistled whistled at at a a white white woman woman the the justice justice department department reopened reopened that that investigation investigation after after twenty twenty seventeen seventeen book book quarter quarter the the key key figure figure Carolyn Carolyn Bryant Bryant don don as as saying saying she she lied lied when when she she claimed claimed till till grabbed grabbed her her whistled whistled and and made made sexual sexual advances advances relatives relatives of of Donna Donna who's who's in in her her eighties eighties have have denied denied she she recanted recanted her her allegations allegations two two white white men men Roy Roy Bryant Bryant and and his his half half brother brother JW JW Milam Milam were were tried tried on on murder murder charges charges that that the the quoted quoted by by an an all all white white jury jury months months later later they they confessed confessed in in a a paid paid interview interview with with look look magazine magazine hi hi Mike Mike Rossi Rossi

Emmett Emmett Justice Justice Department Dep Mike Mike Rossi Rossi Us Justice Justice Department Associated Associated Press Pr Hill Hill Mississippi Carolyn Carolyn Bryant Bryant Chicago Donna Donna Don Don Roy Roy Bryant Bryant United States Milam Milam
Derby winner Medina Spirit dies after workout

AP News Radio

00:41 sec | 1 d ago

Derby winner Medina Spirit dies after workout

"The the three three year year old old colt colt collapsed collapsed and and died died after after a a workout workout at at Santa Santa Anita Anita and and California California in in a a statement statement trainer trainer Bob Bob Baffert Baffert said said the the horse horse had had a a heart heart attack attack an an official official cause cause of of death death has has not not been been determined determined Baffert's Baffert's horse horse won won the the derby derby in in may may and and after after the the race race in in the the spirit spirit are are derby derby horse horse had had been been tested tested positive positive for for twenty twenty one one Pico Pico grams grams of of betamethasone betamethasone that that is is a a legal legal medication medication that that is is not not allowed allowed on on race race day day Baffert Baffert was was suspended suspended by by Churchill Churchill Downs Downs and and barred barred from from entering entering horses horses in in the the next next two two derbies derbies and and banned banned from from racing racing in in New New York York the the Kentucky Kentucky horse horse racing racing commission commission has has been been investigating investigating the the case case Medina Medina spirit spirit had had five five wins wins in in ten ten career career starts starts I'm I'm a a Donahue Donahue the the three three year year old old colt colt collapsed collapsed and and died died after after a a workout workout at at Santa Santa Anita Anita and and California California in in a a statement statement trainer trainer Bob Bob Baffert Baffert said said the the horse horse had had a a heart heart attack attack an an official official cause cause of of death death has has not not been been determined determined Baffert's Baffert's horse horse won won the the derby derby in in may may and and after after the the race race the the the the spirit spirit or or derby derby horse horse had had been been tested tested positive positive for for twenty twenty

Baffert Bob Bob Baffert Baffert Heart Heart Attack Attack Santa Santa Anita Anita California Baffert Baffert Churchill Churchill Downs Down New New York York Kentucky Kentucky Horse Horse Medina Medina Donahue Donahue Santa Santa Anita Anita
"twenty " Discussed on Twenty Thousand Hertz

Twenty Thousand Hertz

01:48 min | 6 months ago

"twenty " Discussed on Twenty Thousand Hertz

"This episode possible. Thanks for listening. Hey twenty thousand hertz. friends. I'm molly bloom. And i host a kid's science podcast called brains on. We answer questions like how airplanes fly is time travel possible and why do dog sniff. Other dogs butts. Oh and like the show. You're listening to right now. We're also obsessed with cool sound Ch- that lasts by the way that's a haring fart. Just one of the surprising sounds of science. You'll here on rains on. Plus we've got kids interviewing awesome. Scientists songs about biology engineering whether themed game shows skits with talking molecules and boatloads of mind-blowing facts. And if you like mystery. Sounds we've got those too so check out brains on anywhere. You get your podcasts or had to brains on dot org stay curious. I want to tell you about a really exciting collaboration. We did that. Just launched the project is a short film called the sounds of space a sonic adventure. Two other worlds. It was made in collaboration with melody sheep. Which is one of my all time favorite youtube channels. The twenty minute film is roughly based on our space episode but it was re recorded with tons of new material it has brand new music and sound design and truly amazing visual effects. I think it's incredible and it's definitely one of the things. I'm most proud of to see it. Click the link in the show description or visit the melody. Sheep youtube channel. While you're there tap the subscribe button..

youtube twenty minute sounds of space one Two other worlds brains on one of the things thousand tons org twenty dot
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

08:54 min | 6 months ago

"twenty " Discussed on The Twenty Minute VC

"As probably the best predictor of success on a against that dimension and so i think the learning algorithm here is you have to figure out what culture is going to be authentic to your organization. Because that's the only one that you're gonna be able to live and breathe no matter what's on the walls on your website number two. You have to figure out through testing. I don't know how you would intellectually figure this out through testing and documenting which questions and assessment methods are best figuring out whether or not people fit with your culture. And then i think you know once you've hired you know a few people one of the second order facts of doing the first two steps that the initial group were really recruit the next group for you know the first ten people will help you recruit the next ten and the next fifty after that and that's really how your culture can continuously grow now. It also means you know the corollary to that is hopefully set your culture up successfully because if you're growing really fast than scale you know something that you don't like if you copy something in your cultural dna that continues to grow very very quickly that also has negative consequences. If it's something that you didn't like in the first place cannot one often challenged. I see when there's a exact role within a company and there's a lot of people in town knew he wanted. How do you think about how to bring in an giang alita without disincentivising internal talent. Who may be wanted that role. It's a tough question. I don't think they're perfect answers. I think the only success criteria here. I've seen is you have to hire someone. Excellent where it's so obvious for the person on the inside that this person on the outside can really help their careers and really grow them. You know because we think about it. The person on the inside is going to help the external candidate by learning the organization. How the company works how to get things done. Ideally the person on the outside is have seen one or two orders of magnitude of scale ahead of the person in the inside such that they can turbo the careers of the people in the inside. I think when you can get to work. I've seen a work really really well. Otherwise it can be a challenge. I think it's one of the biggest challenges. Seventy when you bring in those amazing people as the element of delegation and the ability to delegate. I'd love how you think about your decision. Making braces around what to delegate versus. What remains in your view. How do you think about that. I i don't know if i've thought about the zero one more thought about i. Guess the degree of delegation. You know how much of something. And i guess you know we can dream big start small right if the ultimate goal you you have a point of view in and hopefully this is well articulated as you're starting your recruiting process what you ultimately like this person to grow into and it doesn't have to be like super detailed but but you have to have some general sense to both. I think be honest with yourself as well as with the candidate. But i think when the person is in the door in order to set them up for success you probably wanna start small because of the information as century of how your organization works versus how they may think your organization works is very very large. It's almost impossible to estimate as a result. I think you're probably better served. If you start by giving a small scope with something that seems embarrassingly small but then to grow that quickly as they start garnering success because the number one thing you're trying to do for the executive coming in is optimized for success quickly that way they can garner the trust of those that they've inherited as well as the peers as well as others in the organization. And that's really how you set them up on a journey to i think achieved that northstar that you communicated during the recruiting process that she keeps revolt. He has the milkshake task East by getting emotional for them in in twenty or thirty minutes and once you do that it scales and scales and scales so i totally loved that in terms of reducing the scapegoat in terms of culture mentioned earlier. When you think about the skating culture that you've had a daughter. Ashby completed scale and has failed so fast. Was there ever a moment when you like cultures To be wild like it to be what was not limited time. What did you do to turn it around. Yeah this is a constant question Where you're always evolving me. Just like your product. I think in organization would be embarrassed. Their product looked the same a year later versus today. Why is that not true for your culture. You know maybe a changes more slowly because you know you're talking about people ultimately when you talk about culture as opposed to you know software or other types of products but it. Ideally is always improving. When i think about some of operating principles. Maybe it wasn't that our culture went south. I think those instances are maybe when we didn't recruit the right people were we promoted the wrong behavior and those are few and far between actually fairly easy to correct. If you hold yourself accountable. I think the harder parts of improving culture are trying to actually change in ads of the culture. You know for example in twenty fifteen maybe between two thousand fifteen twenty sixteen year two three of our companies life. We realized that the early team was not very diverse. So very early on. We added this video. We added in twenty seventeen about making room at the table as one of our operating principles and thinking outside the room because we started becoming more and more decentralized aware we had in general managers physically located inside different cities and so we were always in the same room anymore and adding. Those wasn't a way to just you know. Make ourselves feel better about her culture. I mean we added those values by also adding operating metrics enshrined decree mechanisms internally in which we can actually make true those values and so that was a lot harder though. Because you're now almost saying okay Add something to your personality. That's like what culture is like a teams personality as opposed individuals personality but changing or adding to your personality is very very difficult versus adding some feature to your product right and so that was something that only could happen top down but then it took the organization to bottoms up create the mechanisms that they would organically adopt in. See not only league. The positive organizational outcomes but also the positive business improvements one or two of those mechanisms. I asked you. Because i i hear a lot of companies and say oh we instill diversity and inclusion cool culture point and it's like great. How you measuring like. What does that mean that you did you put in place. I mean the first thing is you have to actually be able to measure these things and for example. What's the first thing you can measure. This can start small and say what's the representation inside your teen's does that match the representation inside the decision makers you know. It's it's a very easy question in and then you can go team by team that same question and that one question or i guess. Two types of data points to collect will probably take years to make improvements on. I mean we're almost there. Where the representation at the company in the representation of the decision makers are even. But we're i mean twenty and fifteen twenty twenty twenty six years out of our eight years. We've been working seventy five percent Lifetime history and we're still not there and so it takes real work and then it's going through that funnel who are the people they you're recruiting wire the funnels the way they because we're all always gonna hire those that look like us or sound like us or more in our circles and cetera et cetera. That's going to be the general bias. And so how do you enforce diversity in the funnels. How does the diversity carry through the funnel and then how does that diversity than translated. Someone's career the company with the things around promotions assignments on key projects etc etc etc. You know thinking outside the room for example that was one where it's less relevant during covid but in a pre pandemic maybe post pandemic world where we're going to be in some hybrid version. All of us of sometimes being co located other times being dislocated. How do you make sure that the person who has may be the most disadvantaged because they're not in the room actually gets this week. I had you make sure that the most junior person may be closest to the problem speaks before the senior person who has the quote unquote viewer oversight of the team speak. I think those are some the mechanisms that you really have to practice in order to make true the cultural beliefs. You wanna come back to the office i do. It's one of the things i miss. I think this is such a am organizationally specific question. I definitely can see a working for for for different groups but you know at least for us as always had very electric kinds of energy levels in all of our offices and this is unjust. The san francisco office bit across all offices globally. Anything that it's one of the things that not just in hearing about it during some of our internal team conversations but also seen it in some of our employees voice surveys. It's something that a lot of people wanna do speaking of the relentless advocacy that final one to quit flat. Little buddy tells me that you walk. Every sunday told me about working every sunday like wisdom that way. Why how do you think about working. Every sunday it started because we just didn't.

twenty eight years fifteen seventy five percent Two types today a year later thirty minutes Ashby san francisco Seventy two thousand one question both first two steps this week twenty seventeen first ten people first place second order
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

07:36 min | 2 years ago

"twenty " Discussed on The Twenty Minute VC

"Months and there's this great moment in history. I don't know if you recall ninety ninety seven this Guy Lost Ibm supercomputer. Deep Blue and this match was the first defeat of a rating world chess champion by computer under actual tournament conditions ends ever in this braided nuts. Son of crass news about the race between man and machine. It's obvious why it was significant. This was a sign that a I was catching up the human intelligence and could anyone of humans intellectual champions. What's Interesting Password today over twenty years later? That paradigm isn't the case today. Computer is is no longer the world champion and actually neither is humid today. The best test matches in the world are played by a combination or t of humans. And Jitters. What's even more more interesting than that to me? Is that the best keys have no grandmaster and no supercomputer and so they really have is just mediocre bolt in really great teamwork in so in this example buys that a team of human plus robot working together beats any standalone person or she and this is exactly our belief I believe in a nutshell you I that we believe that the combination of knowledge workers and robots will transform the enterprise. And if I wanted to give you just a little bit of data behind by I don't believe in this notion of job replacement it's because this is set on line night Ominous deep on the president talking about or really a long time on there was a spike in automation in the nineteen twenty s Machines I started at eight. More GOP farms akers automation Zaidi also surged urged in the fifties and sixties is actually a rate article at time about you actually followed automation As a job challenge in stated that it would read social social unrest but the fact of the matter is that since the fifties the US employment ovulation ratio as remained fairly steady at around eighty percent warning day labor statistics data data and yet during that same period of time we have displaced eight million armor seven factory workers million railroad workers hundreds of thousands of telephone operators in elevator tendons of you can imagine that those were jobs and so I think it's really easy to thank first level of automation released Dobbs but underneath that all companies as can do more with less which is what automated Abel's they can expand into new products they can lower prices to compete which allows customers to buy more of their product back or maybe something else which again. It's more jobs so this is exactly the type apply will allow humans to actually improve their standard of living over time. I love this task. I I can agree with you. More in terms of humans ability to survive and create murals themselves. But I do want to us. He said that about the future of all. PA and it's going to meet your rising loss years and how that will play out in. This year's recall action back from sequoia almost one question he said as we sat all PAC. This incredible rise lost years. He says is this. Roy Sustainable over the long time. I'm why tough of question. Yeah man all supposed to be. My buddy must be thrown new assault on top. He's tough guy. The have a word with Ayar a couple of weeks but damning. Listen it's it's totally question. The category is one of the fastest growing software categories in world Albert now. RPI Is born as a group sixty seventy percent year over year. You is obviously well above back. Play cap continue to capture market share. But what's interesting to me. He is that this is a product market. That's been around for a decade. Maybe more in Weedon create the category. We really didn't take off until twenty six. Not and I think that's a resulted. The convergence of three real market was here in the first maturity of our our technology so I talked about a coral what we do is computer shooter. Vision and the ability to correlate objects elements. Scream it's a really complex. Technological Challenge is not something that you could solve money alone you need time to. I understand all of the nuance stays right. The end strips all of these different systems. And there's a strong jess station dynamic player. We worked hard at it for a long time. And then in twenty twenty sixteen maybe late twenty fifty when we had truly enterprise raid version that was scalable security us all all these things. That's when we count launch coach before that we've just been absent mature market forest number. Two is the better documented business processes around the time that we were reading this enterprise raid version number computer vision. All these large dios have made huge movements and better structuring document. The policies of their clients so this Hannah gave RPI companies. The blueprints we're automation could actually be most or within the enterprise in so that was kind of the low hanging fruit that we need to tackle but we wouldn't have known where to go at those processes hadn't been doc knitted And then the last. We've all kind of her this story. But it's the emergence of a cheap computing the massive amounts of data which led to his break away from the AI. Winter and as luck would have it. RPI Exit Team the fastest entry point to a and so. I think that it's it's really those three things that has allowed this meteoric rise and then I think that anyone who is this is just hyper. FLASH IN THE STIRRING PAM doesn't add a a comprehension of scale of deployments value. That work reading China misunderstands the potential. Here I look at companies like workday an amazing amazing tool that were a customer. They've got something like a forty billion dollar market cap and they're focused pretty much exclusively on. HR sales company were big customer up and partner very closely way over one hundred billion dollar market cap and they're pretty squarely within the sales and marketing arena with our PTA. There's really no limit to where it could spread. We don't sell based on industry or vertical domain bogus and then so it's really early in the RPA life cycle. But I think it's got a really ripple road and obscenity does I'm a fruitful. Go ahead Anina one of the common elements that came up when I started to your investment board other than how Brennan UA was the element of Daniel's leadership and I want to touch on that speaking of kind of the road ahead because is when I spoke to them. They will suspects about unique relationship with Daniel specifically. So I'm intrigued. You ensure the success of Daniel's relationship to yeah you're not spotting you're so you're you're the first person asked me We decided very shit overburden right now. We're you know we're always talking about you. Know people always want to know more about company they very rarely dig into How Daniel and I partner with? It's a great question. I I think I. or most we mutually believe in productivity over harmony when I started being read this book called the pipes combinations of CEO and this notion of productivity over harmony is one of the temptations is outlined in the book. And I think the general concept is that most people believe that better agree and get along and disagreeing eventually conflict. It's just building our all-race right but army oftentimes can really restrict productive ideological conflict in interchangeable Indians hands around an issue and so without this conflict. You don't actually often come to you. Know the most optimal decision I find that the best decisions are made by really healthy debate once all the opinions are on on able. I guess this first elements exhibit over Armenian. Daniel mine or mutual is a really long way of the same that we're really good at having conversations with one another. We enjoy rigorous debate. There's no there's no feelings lost in disagreement and often times that you know we have a debate and we ended.

Daniel mine RPI Ibm partner chess assault PA president US Roy Sustainable China Ayar CEO GOP Zaidi AI RPA Brennan UA Hannah Dobbs
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:04 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Have these major centralized systems, the fangs of the world etcetera that are really important infrastructure for our current world's Berle's highly centralized, I think the world revolves around cycles of centralization decentralization all sorts of forms, and I'd like to see the internet completed instead to me what could really fundamentally is when you really stupid all away. It is that secured ability to have security centralized cry memory and secured centralized guy that identity, and I forget it almost nothing more fundamentally important in the long term. Can I do you know what you're sitting Woolsey similar to the incident with the landing on the centralized apps. Do you know thing we've kind of krypton on the blow Chaim we'll see the laying on of centralized ecosystems and apps Beit coin Basu's to speak in centralized networks. I mean, the question of the great thing with all these actualized things end up centralizing writings. Bitcoin mining people stories around that or coin Bates or things like that. They'll be some of that there's no question, and I don't have a problem. I mean, there's this kind of layer cake to most systems where you got the layer capable of further down based on the system, you're using its more centralized and less centralized different layers. I just think funding is a level. It's really important. You'll the road all the way back, sir. Mckean society standpoint to a level, which is kind of far more how the real world works. Where forget writing thinking is how human beings interact. We each have local memory, we each and human kids have shard of that memory. We have identity locally the people around us in where he will very good as a she's at using that to manage our information environment in our interactions with each other. And as we've seen, you know, when you centralize all this stuff and don't have state patch to other systems, you know, things can get pretty scary. And you can think about that in terms of kind of his question about information manipulation, and you know, centralized social services. I mean, I think is a lot in terms of China diet incredible amount of respect for the. Knees. But they are very clearly taking these centralize all the data approach in a way, that's incredibly powerful, but is unprecedented in human history there really trading in a lot of ways freedom for security. I think it's important with crypto sned there be a base layer where you can trade for freedom away from Jerry and a lot of places. I can agree more before we dive into that kind of privacy on China argument. I do you want to stay on the theme that we're on. I I had Adam go bug and feed on the show. He said underlying infrastructure, call it support mass-market fouls. I think we saw that we've kind of cryptic. He sees. How would you respond to this? What does it leave your thinkin standing is to maybe the near-term potential? Well, look, I spend most of the time. I look at it investments in the cripple space in third generation protocols. There's no quite cerium cannot support anything that scale. I also think we have to be careful about adapts and light even their role in a system. I am much more interested in sorting out the database layer, I which is how do I have a system that works at scale where we can all agree if records records in no one entity can undermine. The records. So before you get into sorting contracts and Dopson this kind of ecosystem people want a Bill that we had to start off by saying is globally security centralized Davies I can trust and at wants jail. You know, a lot of ways anything about what a crypto currency is it kind of the simplest database, right?.

Adam China Beit coin Basu Berle Woolsey Chaim Dopson Jerry Davies
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

02:44 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Healthy free time where you can go out and be with friends or how great students is not going to be stuck in this middle state where you're technically at work. But you're stuck leads to the internet because at senior you have to be there. But you're not being productive. Yeah. No, I couldn't agree. More not challenging middle states. Do you have to say some of you fall the yourself and kind of thinking forward with the future Naomi driven years to come. Where would you maybe like your child's problem very cohesion? Is it the development of the technical systems themselves is it kind of creativity? Maybe which is the highest of hind fruitvale to try and count. You. How do you think about that? I mean, I. I want my son to do what he loves, and I think they'll be opportunities to do that underly optimistic about future and giving people the ability to focus on excel Adam have pride in their work. So I'm not very positive on this stuff in terms of whether it's designing systems are philosophy or math or painting or doing a thousand other thing. I think there's no question. There's there's gonna the abundance of opportunity. It'll just be different finding the real challenging is that I think it'll be harder to find steady repeatable, trusted work. That's always rely on creativity creating things coming up with new ideas. You'll be lots of opportunities. But it is kind of the Kenya have a job as an accountant and count on exactly a certain amount of work all the time. And people don't always need. Exactly what you do, you know with no creativity. I think those are the jobs that will be threatened than I'm hoping that as we heard my son grows on he'll be less interested in repeatable houses. Now, I couldn't agree with you more than I do you want to move to another area where I know you spend a lot of time being. Tell me written fantastic children's be as big when you investments we've seen like massive hypes massive lows in the crypto ecosystem probably lower ABC right now. How do you think about the current state of environment and assess today's landscape, I think to me as you point out of two things, I think are important and other future that are playing out today are one of his hybrid, can you sort of work and IRA artificial article in doesn't and the second is cook though. And the reason crew there was important in my mind, when you go all the way out I see it as fixing the internet or completing the internet, which was never really cleared as a project of the first place, you know, if you unwind twenty thirty years and look at how we internet started four million where you came from. It was his vision kind of a decentralized system that allow people to global you communicate with whom they want how they wanted instantly securely for free. That's an amazing vision. I need to think about a superpower that I could seek to anyone earth instantly for free and apply. The way that sets a pretty amazing thing. The problem is is that communication requires more than just see should also requires memory in it, also choirs identity collectively requires based secure databases and the internet ever distributed those, and so as a result, what happened is you.

Kenya Adam Naomi accountant ABC twenty thirty years
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:36 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Stay and it's not a dominant thought fee whenever I'm doing investment. First question. I asked myself as as ten times out of a hundred times larger I think after a hundred times larger you get into silly territory in terms of like how big thanks and be. Everyone's no out three might be a thousand times bigger than when you address. But man, that's like a once in a career twice in a career type moment. I do think you can do ten x hundred x model I agree with Janney that I think people systematically under appreciate how large the world is and therefore especially in a globalized environment. How big a niche markets actually can be when you blow them up and steal them up. But I think it's an interesting calculus. I tell her personally do you love because if you do you love, it's just an. Anonymous argument the realities of where you invest and get in it, and the reality is if you some esoteric comic book saying or you like reenacting, the revolutionary war taking my brother right now us, the reality is the market of those things is much bigger than you realize concise still matters and the world is not infinitely large. I totally agree. When I started the twenty minute visi, I thought that'd be about ten people my mother, and now there's two hundred and fifty thousand VC vocals, so I. Got one mother. You're you're Mark. Harass Disney, even listen anymore. Still today some fine to the schedule before we move to are we lost conversation two years ago about the man versus machine relationship times now grown as we said two years. So I have to ask what you more for. We learned and observed David the last two years with regards to that human versus kind of compete a hybrid system relationship. So I don't think it's computer versus humid. I think that's what you and I talked a lot about in our first podcast. But at the time when like Facebook and being very excited his idea that you could do a bunch of tasks, and you'd have his magical blackbox. Hey, I would learn from humans and the data set and then while you wouldn't need people anymore. I mean, how wrong has that proven to be as a model my own horn as I was trying to push years ago, and we still push, you know, the real model. I think is you have to say about a I and people at symbiotic, and you have to think about the real transition in the industrial revolution of knowledge work. We're going through is going from reality. Check collagen, we need to change how workers or. It is and focus humans of the most human tasks and production allies factories of machines around them, get them as most leverages impossibly cat. So it's very similar to how the industrial revolution happen. Steam alone. Actually, doesn't get you. Massive increases in productivity is an incredible study about electric engine. The electric motor was invented. How factories Rachel it? Didn't have this immediate improvement. You had to do was we organize the factory floor change. How work was done changed? What parts of work people are focusing on? And then you get the unleash massive productivity gains. You know, massive increases in quality, etc. So I mean, that's what I've been working on for a long time when she needed they'll show revolution. That the one thing that strikes me as different now to them is simply the speed of adoption, how do you think about the speed of adoption how does that maybe change alter how you think about the relationship and symbiosis is a great paper that I read recently, it was referred to me about when you electric motor was invented. And before you had these factories that were based steam or water power, and they were all based on. Central guy trains, so electric Motors, invented forty years, the electric motor adopted into factories and initially didn't really not to get leverage from it is there in his retrofitting Docker, you know, rootlets operas down totally changed how they're organized to take advantage of this idea of modular power, right and distributed Motors throughout soccer environment. It's going to be faster. Maybe it's twenty years right for fifteen years for adopted, but it's also nut tomorrow..

Janney Facebook Disney soccer Mark David two years fifteen years twenty minute twenty years forty years
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

02:10 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"And it's one of the real strengths of having a partnership as I do in that by partners could be the ones continuing to pull me to take more risks. Yeah, I'm sedately going to have for that. But I do want to dive into the stage, and they showed little bit difference. Some other episodes as I said when I started the show, you a one of three names that I was always dying to have on the show. And so I'm really gonna. Issues. This episode came in your wisdom and advice for me personally. How does that? Sound sounds great? Okay. So I wanna still own an element that I wish struggle on and its price sensitivity. Seed investors, commonly suggested that price doesn't really matter. Pete offense and said never turn down and deal based on valuation. Harry, it's a mental Trump. How do you think about your own price cents to stay Jewish? I'd go back to some of our earliest investments and also some of our earliest mistakes, right? Like first round offer Twitter their first term sheet months before union square lead their round, we offered dropbox their first tear machine. And I'd say we lost both of those due to sticking to price. So it's clearly scarred. In me that there needs to be flexibility on price that said, it is a slippery slope. You look at a company and you say five pre seven pre ten fifteen pre the difference between five and fifteen. It's three x that by itself could take a fund from a nine x fun two three x fund from three x on jewel one. It's fun. So while I. Agree with cheater Fenton. I also agree with Jim Bryer who once told me that valuation is both art and science of the science is picking price and the ardor is knowing which five percent of the deals to invest in at any price. So I think I rounded myself we've fluctuated over time like after the dropbox on the Twitter thing, we weren't we became very price insensitive. I think now we found a real middle ground where we kind of understand that trailer that price will be the only reason to lose an investment opportunity, but we also have to have some discipline. If we spire to produce top your returns those cases where maybe you didn't have the flies this he so early on kind of thinking on price. If you the ones where you may be win the deals, and they've turned out very, well, why you did flexible prices that wasn't that comes to mind is kind.

Twitter Jim Bryer Pete union square Harry five percent
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

01:53 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"To be able to build processes and scale and work and on the other side, when you hire, you know, the senior VP, Lincoln, etc. Is everything they're going to do? We're going to want to do is going to set you back thirty to fifty K because they're used to having you'd jets, and you know, running really big processes, and perhaps they're not really adapted the size of company wrap so swing between those two extremes. Once you've done the generalist super-senior only to discover that that wasn't the right answer either. And that we just have one of the many John Jews scaling start out soon. We've built this realization that now's the right time say all metaphorical stone off his north of a millionaire or we'd go more than eight Iraq reports the next stage of denial that you mentioned was I can find the right puzzle. My head and Boston we, hey, the majority of hiring goes you kind of found in that way. So I have. What did you mean by that? I can find the right puzzle. Miami one of the challenges with this stage of denial as you mentioned this kind of a second stage. So you finally got convinced that oh, you need someone to own this particular function, and that person's not you and you're willing to invest, and so I think this stage of Donell expresses itself in a couple of different ways. One. Is you tell yourself as a founder and very reasonably. So because we're typically pretty well connected. We know a bunch of other founders a lot of us have worked at some potentially working some big prior successful startup. We have investors etcetera day really been Rolodex says to Tillerson's we can do to throw on network. And we tell ourselves that it's going to go way faster because that way is a founder I'm going to be running the process, they can really sell the vision. They don't have to do this through the intermediary of someone else. And you know, I am great backchannel because it's my network. And of course, forget zillion reasons it almost never works out that way, although it can and once that doesn't work. Out you kind of tell yourself another version of shame stage of denial which is okay realized that can't blame the candidate through my own network..

founder senior VP Iraq Donell Lincoln Miami Boston Tillerson fifty K
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

02:42 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Even if they're not the true lead of the B round. And all of that creates a situation where it's actually more competitive, even if the number of firms doing it is an increasing canal incomes of one on them. And he said that you said most ratio. I'm always fascinated by most ration- the world eventually web, even be it still remarkably a game of allies and the multiples that you can get on the. Companies of the day, so to speak all still huge enormous. How do you think about loss ratio? How does that come into your thinking? And kind of Len I'm wide is it really become more prominent goes back to what we were talking about around projected performance in portfolio construction. And if you're able to identify really high flying investments that can end up being five to ten X's, and you're not playing for more of abandoned two to four x then you can sustain full write-offs or return of capital, that's less than a one x few investments within your portfolio, but what you can't do is play for middling type outcomes. And also have loss rates that are high. That's just not a winning recipe and you'll end up reverting to mediocrity. And we all know that the median performance within venture is not good. It's actually bad. And so you really need to be thoughtful about balancing that. And as we round investor if you play it too safe. That's what's going to end up happening. So I think it's finding that ability to get the outsize winners. Prices aren't crazy and still trying to find a way to mitigate loss. But when you're shooting for the moon on some of these inevitably you're going to have full loss of I think some balance they're putting an exact number one. An appropriate loss rate is for be is is sort of hard in a I think you expect thirty to forty percent loss rate within be less than that. But it's all about how you mix the winners the losers. Yeah. Absolutely. I couldn't agree. The more incomes not gonna pull construction being central that. I didn't want him touch of that we come out before they and it's really risen in the world event should being direct secondary investing when we chatted before they simply still in the early innings of direct secondary can always onto what makes you think. This and how do you predict the growth of the space on all over the next coming is when I say direct secondary. When I'm referring to is coming in and buying shares, mostly from employees, departed employees within a company, and it all goes back to the fact that companies are staying private longer within the venturous class. And I think it's increasingly become acceptable for there to be some level of partial acquitted, at least at the senior management level. The board recognizes that that can be a win win for all because then management is more incentive to play for a bigger outcome isn't as worried on a day to day basis about meeting financial obligations, and so taking ten to twenty percent position.

Len venturous class twenty percent forty percent
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

02:49 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Sizes anywhere between two hundred fifty K to a million and a half that type of check size doesn't often fit anymore for the size of the funds that a round firms are deploying at this point so someone that can do that type of check size out of a hundred to one hundred twenty five or even down to fifty million dollar fund size is a much better fit. You get time and attention and bandwith which would match that from a micromanager. So it makes sense for entrepreneurs. I think it makes sense to have a dedicated asset class here. But it doesn't mean that it's easy to sort through. And that's what we get to do on a day. Daily basis. Looking for those interesting differentiated groups, can I ask a really interesting one for me being in the UK is in the US. You have a large amount of multi-stage funds who do go very very early and because of the depth of the multi-stage from market. There isn't the maybe signaling risks that we have in. The u k how do you think about the dangers of the micro VC funds of these multi-stage funds coming earlier an early app and does not come into consideration? When availability microphones, I think you've seen that for a while. And you're continuing to see that. And now a lot of the multi strategy firms have scalp programs or other mechanisms to remain involved at seed, but I don't think it's generally mutually exclusive. And even when you have one of those groups that are involved, it's oftentimes really good to also have a very active seed group that's going to be more on the ground with the entrepreneur helpful on a day-to-day basis and the series firm is obviously a great path towards building position with them over time. And I don't think it necessarily needs to be one or the other there's room for both. And I continue to think that there's a role to be played by pure play acted seed managers and as long as they can get an ownership in a cost position that matters for their funds size. I think it can make a ton of sense for an LP that's considering getting exposure in that area as well. No idea agree with you on the signs of position being important that but the big question is it was you mentioned the estimated six hundred fifty the question is do you think we'll see the markets to shrink his LP's become overall case it? Yeah. I mean, we've been predicting this for a while now. And I think maybe you've seen a little bit of it over the past year. But you have not seen that natural selection happened among this huge heard of groups out there. It's not that hard to raise a micro funds being that typically a first time fun would be looking to raise twenty five to fifty million in size. And that really requires that you have a line set of high net worth that believe in you that you've worked with for a while that make up about half of that. And then you bring in one to two institutions to complement it. And so the barriers of raising. Micro-fund or a really just not that high which means that there will be more and more people that decide to spin out from other firms to do them or others that want to move from being an operator and entrepreneur to becoming an investor what you are seeing on the institution side is that a number of.

UK US fifty million dollar two hundred fifty K
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

02:58 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Twenty by one thousand two percent discount, which is exactly what I think the extra value that you're bringing to the table. She'd be this is we look at it. I think no matter how strong investable is our company us to deliver in. It's on us will working we have now eighty people working all the time twenty four seven just to push this company forward. It's is going to be very ran for an extended present to come up with continuous ideas and value on an ongoing basis. I'm not. Saying that they can bring a lot of value every once in one, but not only continuous kind of level. And because of that you want people to understand this all supportive of the company zillion independent that can actually be flexible their mind as well. And our they'll to empty, and I'm very glad I have several of these guys on my board, and it makes my life as co a lot nicer and enjoyable and then official you do. Indeed. Can I what was the response of the phone? Luckily, the specific question that we actually talked to as a novelist sense of humor and enough of thoughts and thought to actually run the calculation with us and said, no, I can actually understand your reasoning coming to a love that response. I do you want to tell you one final album for move into my favorite being the quickfire round. And alternate question the discussing is when to scale you've been growing Santa month-on-month, we'll have a Jeep sent of the US next year. How do you think about when is the right time to the Bill to the metal? I'm really spending go big what is that kind of cool consideration process? This is probably the most. Interesting question dealing with now, this is something that sixty percent of my time. It's shrines understand where and went to push in world to put the resources now. Because if you're doing it once, you know, the Celtics channel really really start to pick up, and then the question is is it scalable enough? But at least I want to know that it's scalable enough. Once I have enough of a reason of the khakis low the traction is your conversions good to all of the signs line put as much as possible, I just need to have derived gauging components to know when to stop. So we're not over boarding because a lot of these channels. They're really really good for US Open scale, but they're not successful when you'll scare me up on. And then you can basically start throwing money out. So you need to have ever really really high level of integrity to do the blocks in the middle and to check it and a lot of forces and financial aspects to actually look and monitor them as closely as possible to the victims ongoing will put as much money as we can if it's not we need to be honest enough to say, you know, what just doesn't. Kate up to soap level, and let's cap into the certain point and figuring out when in well to us. What that's what I said sixty percent of of my time to keep evaluating because I one channel one road going to solve all of the money into is a lot of components, and that's how we managed the portfolio of efforts by the company now. Absolutely. And I mean, one of my actual real nerdy. Hoagies and interest points is kind of saturation rates marketing channels. So I couldn't agree with you more that I do want to they ask move into my favorite of any..

US Santa month-on-month Celtics official Kate sixty percent one thousand two percent
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:36 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"And I remember having this conversation with TJ Parker, Pell pack, and TJ we were at like five thousand patients for online pharmacy digit sort of thinking, hey, I want to put a plan together where we get to fifty thousand patients financier and my question bacterium was like, okay. What would one hundred and fifty thousand patients? Look like, what does it take from an organizational standpoint, that's really what we're trying to. Hit because the thing is if you never put yourself in the mindset of trying to get to those numbers and get to those outcomes, you never will. So this is not a question of throwing money at the wall in hoping it's magic you're gonna stake. It's more question of forcing yourself to think of exceptional outcomes early enough in the life of the companies that you can actually put yourself on a trajectory where you're going to hit them. And this is what the Americans have so much better than anybody else because they've lived it. And you know for me having lived through Yuzu Uca's at three billion euro packs billion cetera. Like once you get to these outcomes. You suddenly start to realize actually there is a system to do this. You can systematize you're thinking around cheating large outcomes. And it's more question of your own mental limitations than usually the businesses themselves. I have to ask you said about knowing when to scale that slightly off schedule. But after that, he said about nine hundred scale I've entered a lot of founders, and as the culmination that once you have unity can only sustainable and healthy. That's the time. He put fuel on the fire say to speak. How do you think about this is that a fair assumption? So this is an interesting point because a lot. I would say more traditional investors are very obsessed with unity going to that work, and you sort of saying that is the test of religion business models have in unit economies at work. There's only one problem with that theory. We would never funded the rue we would never have funded pack unit. In fact, Tarim probably would never have taken in any capital because you have to project yourself into sometimes three or four year cycle before this unit to really come to bear. Honestly, don't think that there is any form of you can't apply recipe to sort of shift to be commended plastic look at each case individually, and I think this notion of once unit economics work can then scale would lead you to probably miss three quarters of the world's best opportunities. Frankly, I wanna finish on the theme of risk and asking in terms of acceptable us is unacceptable risk to take. When is options for year, that's ones which eve issues concerning but willing to take buses it's an ongoing civil how do you think about that? Yeah. The first thing I would says as with my partner in the fund I absolu-. Lately hate taking found the risk. We always say. So there is a difference between saying I'm going to back someone who's smart and capable and who's got rid of and demand knowledge or saying, I'm looking for founders who can really reshape their industry and the way I put the bar really high. It's by saying, I the kind of person think can reshape an industry if you're sitting in the room with Jeff Bezos, Amazon, and you're trying to get two hundred million dollars more out of your exit price. Are you the kind of person who can do that? And I really don't like taking found the risk because I hate replacing founders when you replace founders, you lose the magic, and I think it's actually extremely valuable companies using really don't like to take market timing risk. So I've learned over time to make myself dumber do not try and be smarter than the market. So look for things that you can scale within horizons that you can control which is why for example, maybe I'm wrong. But I haven't done a ton in VR because I find it insane difficult to predict when that market's really going to take off at scale. And so I don't like market timing risk now by contrast, give me as much. Risk as you can. Because if you're going to build companies you've got to go after markets that are sometimes risky and proven at cetera. And I'm I'm happy to take a lot of that. And I don't mind taking a lot of execution risk because pike for examples complex business with beacon pack and high-speed verification of packets and robots..

Tarim TJ Parker Yuzu Uca Jeff Bezos Pell Amazon partner two hundred million dollars three quarters four year
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

01:42 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Million dollar fund, your it's extremely hard church you provide the kind of. Turns that really venture demand. So small is beautiful agreed small is beautiful, but I want to start then obviously he was dried invest in early stage. Startups startups traditionally viewed as this kind of inherently risky proposition. I want to start on that. How would you respond to the notion of startups as this risky proposition? So to speak, well, startups, always keep it. I think there is a misconception. Sometimes that we hear from LP's about how risky venture capitalism in terms of risks that you really gonna lose all your money. Maybe informed by the nineties and the bubble. But the reality is if you invest with certain level of discipline across twenty five companies you own enough of them, you know, ten twelve fifteen eighteen percent. You're actually really looking out a relatively spread risk. And with odds of suddenly returning and multiple of capital that are pretty good. And so I'd much rather be investing at seed where we can really control capital outlays over time. Then maybe putting on my money into equities in the US today. So I do think that Arab petroleum level people tend to overemphasize how risky of and. Capital is I think we do have a risk is on direction in one other returns going to be realized because it's it's easy to invest. It's extremely hard to exit. I wanna start that on that element. I actually spoke to Brian when it found this found the other day, and he said that startups for a game of upside maximize ation and latching onto that element of risk. How do you think about that upside investing, and then how does that correlate to maybe a view on loss aversion? Yeah. So I think we're competed schizophrenic is venture capital is because at the beginning we have to do a lot with very little. And so we're in this mindset of don't spend your money don't hire too fast. Keep the burn low. And then there is a point where you have to flip and say, actually, there's enough that's working that we should go for it..

Brian US ten twelve fifteen eighteen pe Million dollar
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:00 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"What is your approach to veganism and you ever make any exceptions try to be an ethical vegan minimum. But I don't do it for health ridden some actually overweight. So I shouldn't be about them three about reducing the harm also trying to arm out of thinking can eliminate it. But reducing it exceptions. I it always turns. I have a certain scientific reason for that. That will take too long to explain let you know. I think it's ethical even if you're leaving the biggest aphrodisiac as your friend. Friendlier and my wife doesn't agree with these segment. How do I transition from that adamant lessons from the military? You applied to business trusting your kin. Capital T. So Tim is the multiple units offshore army and the same here topic so trusting in attracting teammates and team player for real not just going to work on your benefit without thinking about it is very important and kind of the most important elemental owning arm, and we using perk life balance. What are you? Ause? I figure doesn't exist as a phone. Work-life merge instead. Right. So they're not not very clear boundary between the two. But what can definitely have is? If you intense. So we don't have PlayStation think was a proper because they want everybody, including myself to be extremely intense in what we do in the impact. So we can after being with our life outside of the office. So human waste time. Then maybe you can have a bit more time to dedicate a lot of things that are not work. But I don't believe in the missiles false worklessness. I'm very much with you on that one. I want you believe AVI that most around disbelief, I thought would be a traditional company. Wow. Faced on the thesis that they will own the call mal Kate and who call retreating we soft Labbe stores to thinking, I read my reason is actually more basic. I thought if we're like nine hundred eighty two and you to stick apple nights and just sold the share and never sell it, which has the potential of being I think the potential I think it'll be zero trillion. On the first line. I'm holding forever, and he becomes zero. I love it. When I look forward to coming back in twenty years time and having how do you deal with shit hit the fan moments? He seemed very calm, and relaxed. How do you deal with it? When it goes wrong just going through problem solving mode. So this the problems go one by one. I love that. And then let's finish today. Avi on the next five years for you for travel. What does on a signing? Right ahead. Like, we have three members on the next riders. Both my offered. The one is gross. The second one would be gross and everyone is growth. Why very forward saying travel on you guard as I said, I had so many great things for amounts one. I'm the team McCain vase. Thank you so much for joining me. Stay thank you very much. Water hair from the aphrodisiac status of voices. Two comas a bitch. I told you it was a very special one might say he's he's obviously giving up his time states be on the show. You can find Abby on Twitter at abbey mayor av. I am e I are likewise would love to welcome. You behind the scenes here. The twenty minute.

Tim abbey mayor av mal Kate Labbe apple Abby McCain twenty minute twenty years five years
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:25 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Them be the most effective leaders and something new, and I've in fact, often the opposite. It's an outsider or someone who doesn't have a ton of experience at all. But whose initiative can just run circles around anyone who's the most experienced in that feels I've seen those people become rate product managers without any. Like managing background. I've seen those people even become great designers who didn't even go to design school. So the power of initiative and the quest to measure it, and it's something I probably focus on more than most Ponente. But one hand what's the biggest learning from working with the benchmark team? It's an extraordinarily different group of extraordinary people. And I think that that is one thing that makes that firm special. I think one thing I also learned from the team is that it's not a scalable business. I've always admired how the team over the years has defied many of the spotlight's seduction whether it is building an online database or a website for us or making the team much bigger raising much bigger funds geographic expansion in recent years. The team has been even more focused and deliberate on doing exactly what it does. Exactly the right way in non scalable fashion and being proud of doing so and then I wanna finish today. Skill at on your list recent publicly announced investment, and why did you say, yes? Yeah. So it's been enacted few months on the seat side. And there are a few investments that really excite me. One that just recently got announced his company called assembled the brands which is a fund and accompany Adam Pritzker, who is one of the co founders of general assembly has also tuned in like I have to this world micro brands, these direct to consumer brands that have a new way of working of acquiring customers of iterating their product and testing them and everything else, and what Adam has realized with assembled brands is that these companies aren't necessarily great candidates for venture capital. Backing however, they have a much lower risk ratio than a lot of typical venture docks company. So the expected outcome may be smaller, but the risk is lower which may be called into the need a new class of capital and in his case eight credit facility for these consumer brands, but he's built a dashboard in technology that will understand their shop. If I accounts and their Instagram accounts, and their follower counts in the Barack engagement, and then deduce how these brands will perform and then can lend capital on unfavorable terms, and it's a very interesting picks and shovels type business for this new emerging Trend Micro brand. And I love these businesses that think about the essential needs of new type of company, and then this really creative in the space. And that's one example now, Adam Sante thick and I love what he's doing. I do want to finish the score the world is you're always do quite literally as five this. Hold for you. I'm also exciting roadmap ahead. Good question. And I'm always trying to figure it out. I love and life. When you feel like you have at least an obvious direction for the foreseeable future right now. I feel like I'm fully utilized. I like having the ROY have is an investor and work. I'm doing with independent teams. I love the work that I'm doing on a daily basis with product teams crafting the future of augmented reality. And just earlier today actually before this podcast. I was at the launch at Apple's new icons, and we had worked with them for a year leading up to this and thinking about how our software hardware can work together. It's just such an exciting space, and I love creating for creative people. And I think it keeps me on my toes with the things are most important to me also as an investor and just as a person design creative. Vity and the role of creativity and a world, that's increasingly automated and come out of ties and the rise of AI. And the fact that creativity is the most uniquely human trait..

Adam Adam Sante Adam Pritzker Apple Instagram Vity one hand
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

03:32 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Unlike anything, we imagined that's creative. That's fun. Yeah. No. I totally agree with you down kind of the best being created told me that I had to you about was one of my favorite quotes saving in decade of stalled up speaking, you'll resources alike calls on resourcefulness is light muscle unpatented mate. What does that really mean? In today's stalled up weld, Harry, we both know all these companies that are raised a fortune out of the gate, and then every problem they had whether it was customer awareness customer acquisition, engineering team isn't good enough. Let's pay more contractor any problem may have they would just throw money at it. And not to me is the equivalent of carbs it satisfies you in the moment indulgent, and yet it just goes away as quickly as it comes and and those companies oftentimes fail, and they fell because they never build the muscle memory the instincts around how to mind difficult moments. How to run post-mortems not because you want to, but because you need to because you can't screw this up again or you're dead. There's a sense of resourcefulness that comes. From the lack of resources and the challenges that such deficiency is imposed on a team to just become really good at operating at making decisions and managing risk. And it's interesting that those muscles that I think are so essential for enduring the volatility of a long journey. I'm are only developed if you need to develop them, so constraints are important budgets are important. And I always encourage entrepreneurs go out of the gate with a small race to vote some muscles that you can then apply later on it's valuable. So I totally agree with you in times of constraint imposing creativity. I do have a lot of found also meets day the Mike impassive race such huge amounts in the early days. Latte skating, false, just buying customers in all of that can passive cases. I have to raise just to stay in line. How do you think about them? What vice would you give again in the business of exceptions? There are always exceptions. I mean, there are certainly sages of certain businesses where they should raise a war chest because. Of the nature of the competitive climate. They've already found product market sits, you know. Now, it's a race globalization or it's a race for acquiring customers in a market, and you can do the math. And you know, that you just need the capital of the deuce. Oh, so I don't think you can make a blanket statement that you should never go out and raise ton of money and stay in line so to speak with your competitors. But I do think we need to challenge our faith in the power of resources. And in the fact that with enough money we can figure everything out because I know as both the bootstrapped entrepreneurs well as someone who is invited other businesses that either raise too much out of the gate or suffered a bit and grew as a result, there's value to it. And it's undeniable, and it's just hard, which is why most people don't want to do it do agree one. Final question before we move into my favorite of any being the quake fun. And it's a great summary question. The book in mind, we talked some invested toll pace that house. The what with the book and everything around that really influence, your work has an investor in the mindset. Bracy Neil Pacino. Teas today. The funny thing is is that this writing is really for me. I like to synthesize the things that I learned things that I learned the hard way, I like to make sense of it might typically do that by sharing it with others on social media or writing it down or both. And to me, it just helps it helps it sink in. And in some ways, it builds my own instincts and becomes kind of the gravity or the magnet for my own court conviction when I meet people or products that get me super excited or when there's a decision that needs to be made..

Neil Pacino Harry Mike
"twenty " Discussed on The Twenty Minute VC

The Twenty Minute VC

01:38 min | 3 years ago

"twenty " Discussed on The Twenty Minute VC

"Absolute favorite reads of two thousand eighteen truly you have to check it out. And I'll put the links on the twenty minute BBC dot com. I do say she used to might mini-audio at anchor for the injured Scott stay, I really do. So appreciate that, Mike, and it really means a lot to me. But before we dive into the show is Scott today, you think about life insurance in the if so you have to check out louder. It's the smart and easy way to get term life insurance. Online of recognizes that is the twenty first century, and you shouldn't have to wait for weeks to get your life insurance in place. And that's why with ladder. There are no commissioned agents and no policy fees. You can be done in minutes. Even better coverage can start day if you qualify, and you can cancel anytime is licensed and bonded by trusted partners with billions in coverage, and you can visit at stay Atlanta. Life dot com to apply and get an instances on fully underwritten term life insurance and chat. Life insurance off your list today. Now last checked off the list, it's time Stearns a business, and you didn't. Start a business track financial statements or may cash spreadsheets using pilot for bookkeeping gives you the freedom to focus on your business every month you'll dedicate account manager. We'll send you an adheres detailed financial reports and pilot does accrue basis bookkeeping in QuickBooks online. So you'll never locked into a branchy platform, plus your work with the same person each month. So you can rely on them to become an expert in your business and with pilot. You can say goodbye to exporting CSV files and emailing attachments to a bookkeeper you can never get hold of get your company's books in order to stay and get your time back. Check them out today and pilot dot com forward slash 200. V c that's pilot dot com forward slash to'serve, E C and speaking of building the right infrastructure that was worth first.

Scott BBC Mike account manager Stearns Atlanta twenty minute