19 Burst results for "john chambers"

Investors Are Throwing Money at mRNA Technologies

Marketplace Tech with Molly Wood

01:26 min | 4 months ago

Investors Are Throwing Money at mRNA Technologies

"We've been talking about all. The potential for 'em are innate. Technology means virus detection for all kinds of diseases. Now let's talk about the money because the rush is on to invest in marin a and the whole field of synthetic biology which approaches the body in natural systems as programmable platforms like computers however. The history of silicon valley and medical tech is mixed. You remember theranos and just last week. The founders of a hot biotech firm called you buy ohm were charged with fraud in a similar fashion. John chambers is the founder of syn bio beta a network for entrepreneurs engineers and investors interested in synthetic biology. He says billions of dollars are flowing into the field. Now what you're seeing is a new generation of investors and entrepreneurs coming in who are looking at a whole new set of tools around reading writing and editing of dna and designing and building and testing of biological systems. So you've got to look at the potential for these technologies to do a lot of good in the world not just in healthcare or quantified self or in this case irony vaccines but also for climate change for food production for chemicals and materials. So i think with any technology that the power to do good. And there's a powder do bad but i think with this technology the power to do good in so many different parts of the lives is just huge.

Syn Bio Beta Marin John Chambers
"john chambers" Discussed on Recode Decode

Recode Decode

02:31 min | 3 years ago

"john chambers" Discussed on Recode Decode

"So this generation millennials can fix it. If you just give them the notch coming stipulation would fix this. But at this point I'm like, it's easy. Just gender alone. It's either women are stupider or it's sexism, and I don't think women are stupider. So you're fifty four percent of the college graduates, and I learned a long we go, you're smarter. I say that the legislation about boards, I don't think you legislation is not the way to solve. I think by the time the government goes at it. You got a real problem, diverse boards, pretty sped results area, diverse leadership, produce better results period. You fix it in the startups. And by the time you're talking to personal work on tax policy for seventeen years. By the time, government does something. It's too late in the day messed up. So I think they've got to create an environment, but companies have to also own this. This isn't about just making profits about doing the right things and having inclusion as part of your culture, but it's the startups solve this. If that's where all the jobs are going to be created, which will care point goo fix that they are. Yeah, I was talking to a CEO and he's like, well, it can't just be about doing the right thing. I'm like, why I was like, why not? Why not? Why can't you're out doing the right? That's the values that teach. We're not talk about culture. I try to encourage people to put customers first, the CEO sheer. He's got to own the culture and then just do the right thing. I was on video conference. With the young woman out of France, twenty five employees and our company. She's got a tiger by the tail and terms of union how you change the workplace and what do you do on this? And she focused on her culture and values. She would not have done that originally, but. I'm entered her when I was in France. I said, here's what I want to cover the next time we're together, there's the approach. So I I'm really optimistic about the future, but I think it's going to be the millennials who fix it. Let's hope anyway, jock. I really appreciate it. It's a pleasure. It's been too long. We have to do this more often. I have a lot of questions I want to. I'm going to France with you. I'm coming to France to do it was the food's good to a hear. It was great talking to you. Thanks for coming on the show. He enjoyed the interview as much as I did, be sure to describe and leave us a review on apple podcast. You can also find more episodes of Rico decode on Spotify, Google podcasts or wherever you listen to podcasts, if you didn't like the interview, lose it and co, Sean. How's that. A pig. If you tweet me, I'm curious on Twitter. I like pigs, that's fine. Now that you're done with this going, check out the latest episode of Recode media. You can find that show wherever you found this one. Thanks for listening to this episode of Rico decode, and thanks to editor. Joel, rob, your producer, Eric Johnson. I'll be back here on Saturday tune in then..

France CEO Rico Sean Twitter apple Eric Johnson editor Joel Spotify producer Google rob fifty four percent seventeen years
"john chambers" Discussed on Recode Decode

Recode Decode

03:53 min | 3 years ago

"john chambers" Discussed on Recode Decode

"Probably every three to four and you have to think that way. And then you basically have to build an unbelievably strong culture to catch these changes in terms of the market. And most people don't do. They don't see the change or you can see the changes and make it badly. I mean, you guys were early to the media quest memory that thing you had that was a TV set. I remember all we were very quickly would tell her presence, hasn't. Morales sessions which you ought to us now. Schuylkill hanging up. Directionally, you can be right directionally in wrong in the front actually was very profitable for us. What we did you need to take on what was he had a name, but there was another name. Another product that you would you put it on the TV. I can't remember yet. You bought the flip camera if you remember my my favorite. That we were right under action and wrongly. Next. Well, you didn't know that iphone was coming out with the Cameron. We actually had the probably cops we did not. Yeah. And if we'd knowing that we should have put on every smartphone out there, video and flip should have been cloud provider of it, but it shows you once in startups. It's a portfolio play like acquisitions, the majority of startups from not work in society needs to understand that with my portfolio, hope will be majority, but you can't be right. You can see the shift and then not make it, or you can be like, say, Steve bomber, I'll never forget when he said these mo- mobile phones who cares? And I was like, what like Saint Thomas for made about the internet? What is the internet is for these techies university, but now every company and everything we do is going to be connected to technology and the US should lead here. And what I'm trying to do in this book has to say, here's an example and how to do it and also my platform. Ford I want to do next. I had the unusual opportunity to help change the world with the internet and very proud of what we did both socially and businesswise. And how we shared it across our customers, our citizens, our company, the employees and their shareholders. I now I'm trying to do that with digitisation not just transforming countries in my prior role with Cisco, but now start ups and they will be the future innovation one part of the country. We've got to wrap up soon, but is there one part of the country that you see great promise in, or is it just you're trying to across the country? Well, the great promise is in the areas that reinventing themselves the quickest, that'd probably be Texas. I'm optimistic on Silicon Valley, but boy, we gotta change. What I want to see is I want to see every state make this atop agenda. Regardless of politics, governor you think is Hickenlooper in Colorado, or he's loopers is is very good example. I think if she wins in Georgia's interesting, there's going to be a lot of interesting candidates regardless of your political views on it, but it goes back to it starts with university, why Silicon Valley, so successful Stanford. Why is the Boston area so successful MIT. So. West Virginia university has to make digitisation artificial intelligence. One of his top priorities, I went to France and my last trip to France, France, Leonard, and fifty startups. I'm learning really, really. And then I popped into one of these classes in a university in the northern part of the country. That's very poor area now was going to talk to him artificial intelligence and how they ought to think about this. I walked into the class who it's an artificial intelligence class. So others are changing faster than we are countries like France that was very slow to change. They're getting back to their entrepreneur roots. Yeah. Why say that France, but with France can do it. Exactly why can't American at original war. If India do this, why can't America do this? We need to put the country back into starting because we're fat stupid, arguing with each other all day over stupid things. That's why complete d. agree. We, we got back to my parents were doctors. We're focusing on the symptoms, not underlying issues. Yeah, we're a great country. Yeah, we need to be great on startups and needs to be inclusive..

France Silicon Valley Hickenlooper US Steve bomber Saint Thomas Morales Boston Texas Leonard Ford Cisco West Virginia university Cameron India America d.
"john chambers" Discussed on Recode Decode

Recode Decode

03:10 min | 3 years ago

"john chambers" Discussed on Recode Decode

"It Cisco, we knew how to make those transitions will teaching these young companies how to do it and then communications during Jack Welch's time, and he's a good friend and actually one of the endorsers of the book you didn't have to be good a communications to be a great SIA in today's world, you better be good communications, and that includes this Ning social media ability to take complex topics and move with tremendous speed because your brand image damaged can be done to it in an air that would have taken Jack Welch's times months to occur. So you say, how do these characteristics work? Then you teach him understand if you haven't got a market transition going on in different business models. Don't go into that. Market, you can get hammered hundreds person into new market without differentiations going to get crushed. So you catch these technology trends competing moving to the edge, the importance of security, internet of everything. Five hundred billion devices getting connected, the internet, the ability to manage that data and to be able to get the right outcome at the right time to the right person or machine to make the right decision. Those are huge opportunities, and that's why I'm so up to mystic that the job creation engine can be as strong as it was in the nineties or even stronger. If we read this. Obser- those because obviously I was just talking to Lou about the loss of jobs and they're going to like, especially in China, the manufacturing jobs are all going to be automated, so they have to deal with that. So for example, completely agree. I my numbers, unfortunately, twenty to forty percent of jobs today. We'll get destroyed. And I said that three to four years ago, and that's why moso on the bandwagon large companies will not add headcount mathematically if you're not doing it, at least ten percent, you're gonna give raises to your employees. You're basically gives some profits back to the shareholders. I in terms of the issue and you're gonna drive productivity at forty five percent which enables the first two. So by definition and this, your company's growing probably in double digits, your headcount growth over the next decades going to be flat to probably negative. It means that if we don't get dramatically more start ups, more companies are going out of business in the US than going in. If we don't increase the number, not incrementally by ten or twenty percent like we're trying to do on this year, think about the tip of the iceberg. But you think about how do you do this by. Fifty or one hundred percent, then you have to think about it differently, and that's what our counterparts doing in this world. You're in a world with you the disrupt or you get disrupted. It's not a zero sum game, right? Which is, is it somewhat knew to speed is three to five pounds faster, and the implications are three to five times more. So what I'm trying to do with this book is saying, this is really an example a hopefully go to book for leaders with their business or individuals with how do you do what I loved in college, which is gimme the cliff notes. Tell me the stories that make me understand why this process worked, and that's how you remember who stories you do that, so well in your business, then cliff notes at the back just give me the key takeaways. So all thirteen chapters we have cliff notes the back of it, and it's something that I hope that people will read and probably find more interest certain chapters initially than they will perhaps six or twelve months later if it really works right, you'd love to see 'em BA school say, this is your your bible for really how you develop business in. Well, the ideas..

Jack Welch Cisco US China Lou one hundred percent forty five percent twenty percent forty percent twelve months five pounds ten percent four years
"john chambers" Discussed on Recode Decode

Recode Decode

03:41 min | 3 years ago

"john chambers" Discussed on Recode Decode

"And most people would say, we did a better than anyone else in it allowed us to move from one market to the next the next. So the leadership lessons is much like you do your own mod, casts, etc. You have a reputable playbook of innovation you do again and again, and and you changed when somebody catches you as you said a moment ago, but that's exactly what I've learned to do over the years. So reputable playbook for how you do acquisitions, a reputable playbook for how you do digitisation countries. A reputable playbook for how you deal with customer problems, reputable a playbook for how you become one or two in each category. And so what I'm doing now with startups is a reputable playbook, how do you get the market transitions? Right. How do you select the right CEO to be able to do this? How do you listen to customers that will tell you these are the company should invest in? How do you be pretty sure that the venture capitalist angel investors are the skills that are needed within this and that they're building a great team, and then you just cook. He cut it with tremendous speed. I think that model work across the country and partnering with BC's much like I did during the ninety s Martin or with a major VC's into the valley, and they gave us the pick of the litter in terms of which companies to acquire about doing reputable. But most people think venture capitalists, artisanal really like that's how they sell themselves that they are special and that isn't. It isn't replicable. Okay, agree with part of what you said. I think they're lying, but go ahead. Like like staying here. I think what it is is they are brilliant, identifying trends, early masculine, not there's only one St John. I am basically a person that goes listen to customers and they'll tell me which companies to buy or which companies to invest in. And so focus on how do you skill and grow an organization. That's where my skills are, and I've seen every movie there is in the world, and I've done some things right and not mistakes along the way. But with these small companies, they learn so quickly. And so what I've learned is when I sold small companies over the last two and a half years learning space, that's what my friend said, John, you should write a book because it isn't about startups. It's about a startup world where every organization, whether the government or big companies, small companies must have a startup mentality on speed fearlessness ability to dream. My regrets are not that I dream too big. I probably should have dreamt Baker and take more risk on it. So teaching that is very key teaching startups how to deal with the media, and it is so fun having. Teaching a young CEO how to interface somebody like you care. How do you have questions and how do you answer the questions but also when deflect them and and how do you have fun in an interview indirection teaching them how to scale an organization and how to do channels and how to do our in d- how do you go global, etc. And I think that's what's missing if we're waiting longer for the company to go public, then you don't have the benefit of the boards being exit ios of other companies, etc. Helping you grow in the feces to your earlier point, most of them are good on ideas, but not anywhere near as good skilling indices been done is it's very artistic. It's like you have to be here. You have to do this. This is not, and it seems like they keep doing the same thing over and over again. Like they keep making the dough and I'm like, can't you just do this in a more organized fashion all act like they can will. I think you've hit on several things that have fairness. The first is the model that made us successful a decade or two ago isn't going to make a successful. Now we talked earlier about ninety percent of venture. Capital going in Silicon Valley just what was that in the US twenty years ago today it's only fifty. You have to do different models. So I'm trying to be a model of how to do differently just like I did at Cisco on how do you acquire? What are some of the key lessons?.

CEO St John Silicon Valley Cisco US BC Baker Martin ninety percent twenty years
"john chambers" Discussed on Recode Decode

Recode Decode

04:11 min | 3 years ago

"john chambers" Discussed on Recode Decode

"I was in China in the mid nineties, and one of their talk show hosts, and she said, people are addicted to the internet and look what you're doing to our troops that was out of left field, but the issues with the same. And we said, here's how we do the legitimate balance. And this is where even though I come from a conservative basis in terms of my my attitude toward job creation, etc. This is where I think all parties have to come together and say, we're going to change so requires the citizens. Why did France change? They had a leader at the top actually to Helen started it, but mccrone took it a whole new level, but the citizens were many. The citizens realized that starts going to be the future. If you would go onto poly technique, they're quantum Stanford or MIT and ask them seven or eight years ago, or are you going to go into government? It'd be companies ninety percent of the students would said government big companies. When I lecture there now with the secretary of defense. From France. We talked about startups now the majority of people poly technique or going into store next. And we have to get that energy back as a country. We control our destiny still have fifty percent of venture capital in the world still have the role models and the training, and we can scale quicker anyone else we've got to understand continuing to do the right thing to do. On in China because I just interviewed Kaifu Lee, you know, they're cleaning our clocks AI and other areas for lots of various reasons. For all kinds of reasons. We'll China probably knows we'll as most of your I was part of Wang laboratories said earlier which the Chinese company in America Dr Wang must brilliant. Man I ever met and he was men's roommate person who is president of China's, so I got huge access. I mean it same class group. I got huge access the Chinese leadership and not bet you talk about market transitions and care. I have a lot of weaknesses, but market transitions, right? Listen to customers and I place them up. That's usually in areas that ended up being right because of crowd sourcing data collection. I bet on China in one thousand nine hundred five at a time. Almost no one else did and it sir. We talked about that they were seen as copycats then and not an innovation center on new. There'd be immediately because it Wang laboratories when we put in Wang mini-computers Jonah, everybody would read the books if they had nothing to do with mini computers. I knew there'd be our biggest potential partner or challenge. China's doing so currently in China, I think unfortunately, it's developed into win-lose -ment outing, China during my lifetime has largely been a win win partner. You had negotiate, but a win win in the last ten years. It's really lost that relationship with the US to where it's been lost for the US and a win for China. We have to get back on a win win, and we've gotta find a way that benefits both countries, which I think it does, and I'm optimistic, we'll get there. I think if you're betting online country right now in the emerging world, it's India. It's an instant replay of China. It's democracy as well. You've got an amazing leader and Mody who's taking risks that others would not. Can you imagine it takes us seventeen years to change our tax policy Modine monetize currency in the weekend. A little fascist, but go ahead and move on. No, he basically what I did was changed the currency in terms of taking circulation out. There have been counterfeited after a little bossy mistake box. Good leaders are. Harry, even you and I get it, but I don't wanna go. It'd be fun. The neat thing is I think it's the best thing that's happened to India since Gandhi, and if India can increase their standard of living is there that are problematic, but but which are the country, are you going to bed is gone double their per capita income every ten years for the next two to three decades India. I feel like trying to in a is with data. They're collecting hit a different issue. The issues about technology leadership. You've got to have a national policy and they clearly do, yes, they have a national digitisation policy. They have a IBM very important just like the internet and they make it a national policy to lead here and they remove the roadblocks for that happening, including some roadblocks on the Elektra protection, which is very important to maintain..

China Wang laboratories India Dr Wang France Mody Kaifu Lee partner MIT US IBM secretary Helen mccrone Stanford president Harry
"john chambers" Discussed on Recode Decode

Recode Decode

03:18 min | 3 years ago

"john chambers" Discussed on Recode Decode

"For technology? Embassador here it gives you an idea how out of box these, right? He's thinking who needs to do it here. It needs to be owned at the top, but also both parties have to come together when. The first country to digit has was Israel. All free political parties came together Shimon Peres prior offender years. Great friend of mine missing every day. And Yahoo said this is our best interest to do it in the digitize their country for twenty thousand jobs except for the. But I pretty certain. He just wanders around yelling about Russia. That's pretty much this is where I think we've gotta have all sides are equally responsible. Democrats and Republicans have to bring this together and have a common goal. The neat thing is care who in American can disagree with job. Creation was small business, but I'm just saying, I like to understand how that's gonna work. Given the current political, I think there's nothing like an opportunity to challenge in a romantic at there. I want to know brass tacks or axes, you make India successful, you make France successful. You say the US should follow that model. We're no longer the leaders. Second, you get both political parties on this issue to put aside their differences. Say everyone should carry about startups in every fifty states. So what are they need to do it? I think you need to have examples in business, and I intend to be a role model and we'll see if I can earn that trust or not. Instead of. Doing startups in Silicon Valley where carrots much safer ready to do because I can channel if you I not hire new all the venture capitalists. I get into the litter for every company I go into in spatial terms. I'm deliberately doing it across seven states. Now. Or wandering, Steve has the same concept. He's just wanted a different way and I applaud what he's doing and I know you know him very well, but we have to business leaders step up to this album. Challenge the companies. You just mentioned, want to take a certain amount of their tremendous wealth and give it back to society in startups in all fifty states and take a couple of states and sponsor them. I'm going to do that in front of congress for ruining democracy, but that's why they're busy. They're not in the best shape. We'll talk about the the image of tech. But right now, tech is not. Tech move from the lash in the nineties, with the internet's to tech is good for everyone to in every government leader. Democrats Republicans all agreed with Technet John and founded, and for twenty years when we went to Washington, we were just abolish sides, still Technet is within that, but we've got to be very careful tech isn't just about making profits doing what's right for your company. Citizens and governments have very legitimate concerns. And if you don't address, if we're going to destroy jobs, how do you create them? Cisco with network academy created seven million students trained on this over twenty years, and we focused on each country on giving back. I think tech has to get back to the base that right now the the narrative is damage. The damage caused by either the the from everything from tech, diction to Russians to fake news to this political discourse going to have. Yeah, please. I've been through this year in basically with the internet. It was going to destroy a lot of jobs and we focused. On how does it create more? We folks about how business and government regardless of the local party could work on common objectives..

Steve Israel Shimon Peres Technet US Russia Yahoo congress India Washington France Cisco twenty years
"john chambers" Discussed on Recode Decode

Recode Decode

03:57 min | 3 years ago

"john chambers" Discussed on Recode Decode

"Decreased by twenty percent of the world's unicorns which future job creators, etc. Are start up and being is a naming in terms of it in it's primarily in six geographies where ninety percent of the US venture capital goes into. So how do we change that as a country is very doable. Now to your second question, always loved taking on big companies and with my startups when I select which wants to do and I get the pick of the litter, you could argue, I deserve that or not, but the venture capitalist uses eight years a portfolio, John, you knew how to skill companies. You gotta help them operations. You know how to develop CEO's. Give you very favorable terms. So I do get the pick, but my goal is for each one of them to be number one in their segment of the industry, they go after and I've never worried about taking on the giants union at Cisco. We took on companies like Intel like IBM and the initial days we took on the Nortel's loosens the Alcatel's and what happens is companies get bigger, they get slower. They often get crossway with government. They forget that you must give back is will take in terms of profitability, etc. So I actually think companies are more challenged now in terms of his tech for gooders tech for bad in this country. Never before and segment of it might be that it stifles segments of startups. I've actually found the reverse. Most of the innovation is coming out of startups today when you have a spark cognition partnering with a Boeing Boeing's very innovative company, but they're doing a fifty fifty joint venture on the next generation unmanned aircraft and how you do the systems to maintain this a company with two hundred people. Down in Texas, or there's another company in New York, basically artificial intelligence and all of a sudden, the biggest companies in the US are working with that company on how they transform their business. They went from a million four run rate last year to over seventy million this year. So I would actually argue that startups will be where most innovation happens and that as long as there's a level playing field they can do well. Now, to your point, maybe venture capital was shy away from an investing in area that might be to direct with an Amazon or to direct with Facebook, etc. But about the time that large players think they're invulnerable, they are very vulnerable. All right on that. No, we're going to come back in a minute. We're talking with John Chambers. He's the former CEO and chairman assists go. And now he's has a new book out called connecting the dots leadership lessons in a startup world. Support for this podcast and the following message comes from smart water, not satisfied being like other brands. Smart water looked up at the clouds and said, I wonder if we can one up mother nature for a pure crisper water and guess what they did. This is the kind of water that regular water gets jealous of. It's the water that refreshes like no other brand, try it. Smart water vapor distilled for purity, electrolytes for taste. We're here with John chamber. He's the former CEO and chairman of Cisco where it was forever right? John forever. Why would we did this together? He's the author of connecting the dots leadership lessons at a start where we're talking about where startups are now. So talk about the things and then I want to get to your leadership lessons. Sure. What can the government do right now assess this government right now or the past two administrations will. This one doesn't have almost any interest in that from what I can tell will this very provocative question and answer very square. I know you're curious what kind of Republican. Okay. Let me go in reverse order. I support as many Democrats do Republican. Okay. One of the few Republicans in Silicon Valley at the time you brought, we're talking about John McCain, and again, I'm so John McCain was one of my friends in life. You much. Much on this seem so much and you're kind of John McCain Republican, you're saying, but also understanding. I think the definition Republicans and Democrats as re blurred. I'm after a country where you just do the right thing for the country that you do the right thing for all citizens, inclusive of all citizens for all states successor..

John Chambers John John McCain John McCain Republican US CEO John chamber Cisco Boeing chairman Texas Intel Silicon Valley Facebook New York Amazon Nortel Alcatel
"john chambers" Discussed on Recode Decode

Recode Decode

03:45 min | 3 years ago

"john chambers" Discussed on Recode Decode

"Frogs are eight frogs, but what you said he in schools, you put a frog into a warm pot of water, and you slowly turn up the temperature. The frog cooks, if you put them into the bullying pot of water at the jump right out, the rest of the world is jumping out to a new level of innovation. They're setting Dacia goals of digitisation for their country. Doesn't matter if it's India with prime minister Mody mccrone in France, and they're setting startup innovation is a key plank and they address it from everything from immigration to how they remove regulation issues, and they're moving into speed much faster than the US and never. That I would see this happen in my lifetime. I understood the concepts of Silicon Valley at Texas and New York, and the challenges get into cross the country, but I never felt the US would lose his leadership this fast. So I think we've got to make it a national priority. We're the only country in the world without digitisation strategy. The only one I mean mccrone outland at the minute. He became president of France. Mody did three and a half years ago. They tied it to GDP growth job creation startups, and they are tripling and quadrupling the number of companies they had that we didn't. Why? Why is it that it didn't because it because the internet was started as you know, with by the federal government and it was tech has been largely unfettered from a regulatory point of view for most. It largely has that has. But. Ups and how difficult it is to become public, etc. And maybe even short term mentality of investors including VC's, there's no lack of investment. There's no, I'm not so sure I would agree. So just giving you the numbers, the US used to have ninety percent of the venture capital twenty years ago, ten years ago, eighty percent. Today's fifty percent. The number of PO's going public, new York Stock Exchange or NASDAQ. We'll be a little bit over two hundred this year up slightly from last two years in the mid nineties. When we created twenty four million jobs in eight years, there were seven hundred and fifty companies on public per year. So it needs to be a national policy and we need to drive it every other country in the world, their top government leaders and their political parties on both sides are focused on how do they digitize their country, understand the downside from it because it will destroy a lot of jobs how the education system has to change in startups and small companies getting bigger, we'll be, we're all. Job creation. How did that happen in the first place? I have some other thing having. What are your theories? Go ahead. Did there's there's five giant companies going down the highway, like semi trailers and nobody could get past them now because they're all they don't compete with each other. Really, I wouldn't say Amazon, Apple, Google, and Facebook or competing with each other at all. Practically, you know, they're sort of splitting up the pie in certain areas and that there's no room for startups to go around them in any way and and the government can't do anything about it because it's not not not Microsoft. Like in the old days, you can target one company that individually. They're all so dominant that there's no room for anybody else. And why would you go public? You know, in a lot of these places, that's the other part is they have all this cash and they don't have to go public and they can wait to go public. And why do it in the first place? Is there any benefit to it all kinds of reasons like that will the going in the reverse order. You're right that the number of companies are hesitant about going public, and there are a lot of reasons for that. I is. They can get the cash. On it. And the second is they don't have to put up shareholder activists quarter reporting. They can stay private for a longer period of time. Now, unfortunately, for that, the employee benefit as much and the average American investment start market, it's not benefit. So this is not in our best interest. But second, he don't let those numbers Gary FU. They're small compared to venture capital is down to fifty percent of the world's venture capitals here. NOW, OUR NUMBER of unicorns of.

US Mody mccrone president France federal government Dacia India Texas prime minister York Stock Exchange New York Gary FU Microsoft Facebook Amazon Google Apple fifty percent eighty percent
"john chambers" Discussed on Recode Decode

Recode Decode

03:42 min | 3 years ago

"john chambers" Discussed on Recode Decode

"World from the internet to the digital world artificial intelligence. It CISCO's Arash joining the company when it had seventy million sales and four hundred people. And in growing the company would agree. Start from very simple terms that allowed networks to be able to talk to each other primarily in universities, etc. And it's really the geeks that's where that was happening. The internet was happening. Exactly. And what I saw at Cisco was a chance to make this mainline. And when we said Cisco and the internet would change the way the world works lives, learn some lays early nineties. People thought we were out in left field as turned out it did you were making the slain, what you in a very simple way, what you all made. It allows the the, it's the backbone, it's the stoplights, the move data around the world to get your data from wherever you started to. It ends up in the right location. And then we moved from just making a backbone, the routers into switching, did acquisitions in Silicon Valley. We were the ones that wrote the text book on how to do aquisitions. Then we moved into voice over the internet and video over the net then at the data center then in discouraging Claverie. And so it was an honor being part of growing the. Company from seventy million in sales to forty eight billion for people to about seventy five thousand people. We won most of the top financial words in terms of market capitalisation, ensuring that with employees and also the top corporate social responsibility awards from Cisco did though was really it was sort of the quieter member like the big companies like Yahoo and eventually Google and others got all the attention because they were the consumer facing. This is go really was the background. We were the ones that made a work for business and we were business focused on it and for a brief time where you the most valuable company in the world, and we took technology and said, here's how it's going to change the way you work live, learn and play, and and we had a blast doing. So you did how many acquisitions over the course. One hundred and eighty honored to be a lot of the textbooks written about it. Oracle would say they model their position motto after us, and now acquisitions are logical way to grow cares. You know, back in the ninety s almost all failed. So we. How are we going to do it differently? And we begin to do something that refers to little bit that I'm trying to teach now is get a replicator innovation playbook for anything you do, whether it's how you do acquisitions and steady and while most of them feel and what are you going to differently? How you digitize a country, how your number one or number two and every product or you go into eighteen major products? No companies ever done that before since low barriers to entry. And we had a lot of fun doing it. There's also substitute as you know, being in this industry for number of years, it being in the right spot at the right time, right? Excuse managers, where's this go? Now what I mean? Obviously you tried, you moved into voice. You moved into video and different things like that. You also tried to move into media that didn't work that didn't work quite as well, that some of the media stuff you all the German. There was so many products. It's just pad that that well, yes, and by the way, what Cisco does and in one of the important things on the transition to the new leadership is I watched while most of these companies failed. Leadership and the co. These the CEO who brought him from a very small company to a very large company has to be very careful in the transition next leader. And as you know, the industry's littered most almond failed. And so when we decided to make that transition at Cisco, we said, we want to do this in a way. Others have not. We wanted it to be a Harvard casebook steady. We were to close to Stanford people to sit home cooking, and it was saying we did a very smooth transition. But part of it was also one set nj. She was over to give the reins to new leadership and to step away, and it's their company to run in..

CISCO Silicon Valley Stanford Harvard CEO Oracle Claverie Yahoo Google
"john chambers" Discussed on Recode Decode

Recode Decode

01:43 min | 3 years ago

"john chambers" Discussed on Recode Decode

"Large Recode. You may know me as the person who just taught thousands of people that Cisco is named after San Francisco. But in my spare time, I talked tech and you're listening to Rico decode from the vox media podcast network today in the red chair, someone I've known very long time, John Chambers, the former CEO and chairman of Cisco. He worked there for twenty six years stepping down as executive chairman just last year in two thousand seventeen. He's also the author of a new book called connecting the dots leadership lessons in a startup world. John welcome to Recode deco curious, supplies should be with you again. Thank you. You've been on stage with me at all things. D I think was when we were doing that and many times voice would be free free. Right. That's right. That ten years ago. Is that right? So let's talk a little bit about what year. Let's give your background for people who don't know you. You ran Cisco, which was one of the most important companies. I think we met during AOL days member when they had that outage and blamed it on your. Yes, blamed it on Cisco will. It's like any outage union. A company can do with their mistakes and step up to it, and we sold the problems. And oddly enough, the customers who support you the best are usually the ones that have had problems that you work through. So great partner out because we talked for my book on AOL just talk about. We were at Cisco for twenty six years. Talking about that for people who don't understand what that was real. It was Russia was going to give you just a little bit of background in total west sorted straight out of school after about nine and a half years in college, a slow learner, if you will, went to abbey 'em, saw saw the mainframe air, and then as mainframes gave way too many computers, I was weighing laboratories, and then as many hit and went to PC's and the internet, I went to Cisco. So I've had the chance to see all the major technology trends and then going into today's.

Cisco John Chambers AOL executive chairman vox media San Francisco chairman Rico Russia CEO partner twenty six years ten years
"john chambers" Discussed on Kickass News

Kickass News

03:20 min | 3 years ago

"john chambers" Discussed on Kickass News

"Do business nice place that takes your spouse nice place to go on a honeymoon for you been and a great place to have dinner. But the last place you do a startup in businesses has become the startup engine for Europe because they focused on how did they do that. And they moved from one hundred forty startups a year venture capital back to seven hundred as looted to earlier, and it's a little surprising that a country like France has a digital strategy. But here in the US we still don't have a national digital strategy. Why is that? And if we did, what would you. Like to see in that plan, we think we're the startup nation and we think that we're entitled to be the innovative nation. We're not. We're not even in the top ten according to the Bloomberg index anymore, and innovation and our startups, which used to number four to five hundred a year during the nineties and hit a peak of seven hundred. The go peo- initial public offering. We're only going to be about two hundred thirty this year, and that's up from the prior two years. We will never generate twenty five to thirty million new jobs in the next decade for your listeners and as well as replace those jobs that get displaced because of artificial intelligence and digitisation. And this we get this country to be a startup engine again. And it's something that perhaps could bring Democrats and Republicans together with a common vision and it can't be just Silicon Valley California or New York. It has to be all fifty states and which see two ventures voted to play a small role on how do you do this and our startups across all seven states all. Although it clearly be safer just to stay in California where I know the companies can backchannel anybody know the VC's. But once again, I'm trying to play a small role in helping to change the world. You're working on ways to help folks in your home state of West Virginia. Turn that state into a new hub for tech innovation that certainly seems like a better long-term strategy than just promising folks. You're gonna bring back coal jobs. Well, I think it's very important that we recognize that all Americans have a right to good job and a better standard of living than their parents and for their children. They have a better San living that they do. We're losing that and we're losing it because we're not creating enough startups across heartland of America to the central and southeast part, and it does not help. When companies in Silicon Valley say, we're going to give you a staife, and if you lose a job or criticize their political views, that's overconfidence, which does tremendous damage. And so the -bility to say, even if we bring back co jobs, it won't be. One hundred twenty five thousand. We lost. It will largely be automation in the minds and the chemical industry would not come back, but we could do startups. They're in a unique way and partner with West Virginia university and venture capital capability to maybe maybe focus on healthcare and the opioid epidemic, and to focus about how you get new generations of companies that will grow in a market's going to grow for the future, not for the past. And if that type of concept works, there's no reason that you couldn't do startups not just in every city, but startups cod very tightly to the universities in each state and get a startup community and ecosystem going there, which is what is required and maybe to do this on a scale that our nation needs. So I'm a risk taker. The president of West Virginia university. Gordon gate clearly gets it the political leadership West Virginia gets it, but Democrats and Republicans and.

West Virginia West Virginia university California Europe US Bloomberg Gordon gate France San living partner president America two years
"john chambers" Discussed on Kickass News

Kickass News

03:24 min | 3 years ago

"john chambers" Discussed on Kickass News

"Idiot. This fits perfectly into your strategy and you need to move and go get this. And I was a little bit embarrassed. I said, Al. I don't know what that company does, and he said, trust me, you need to do it. I called up my head of business development. I ask him to go over to that company the next morning. He met with the CEO there for an area called me and said, John, you gotta get over here. I went over. I love the CEO. I loved his vision at trusted him. He was very transparent that companies were looking at moving very rapidly with him, and I asked him, how was he going to win this acquisition? What did he want? And then I shared with him. Why thought becoming part of Cisco is the best thing to do? We had a handshake at lunch for three billion dollar plus acquisition. We had it through both board of directors by Monday morning, we announced it the employee's and our competitors dating even know we're in the count. So that allows you to move with speed. It allows you like a professional football team to know where everybody's going to be in. You can run the plays in a hurry up offense. And it's, it's something that I think regardless of their innovation, you're in getting that innovation. Playbook on how you do everything from acquisitions to how you do culture to how you recruit people do how you say people in, they start to leave your company. It has tremendous power to how you do corporate social responsibility and give back the same type of playbacks. Now, John, I want to ask you about your near death experience in two thousand one when the dot com bubble burst as someone who's interested very much in feedback, looking back where they're ways that the company could have been better prepared for that. Yes, there were. And so let me answer your direct Indra question I had over a decade at Cisco and the CEO has to own it. You've got a great team around you. And boy, I had great leaders around me and many of them, and most of them are still very good France today. But in the end, the CEO owns responsibility for the vision strategy and the tough decisions for a decade. We had grown between sixty and eighty percent areas about sixty five percent doubling our headcount every eighteen months headcount. Was going up on fifty thousand people at this time, and we got on top by having a clear vision and with the appropriate awareness of the challenges. And then when we got our play books running, we ran the place fast nor competitors. Our competitors kept doing the right thing too long. And so if we weren't willing to invest and take risks, we would never be where we are. My mistake, however, was I was so dependent upon the data, and I'm a data hound. I pattern recognition off the data in the first week in December. We had seventy percent growth year over year. And while there was smoke in the market about the might be a problem, the dated in Saito by the middle of January, it was managed thirty percent growth, twenty five percent of my customers were disappearing going out of business and we were in free-fall. We handled that better than any of our peers. We made the changes in fifty. One days I went out however, and listen to the customers for two weeks. Came back and said, we have to change as a company, a brutal lesson learned and very hard, very hard to lay off people that you love in your family in John, whether some ways that your experience in the dot com bust better prepared you for the financial crisis..

John CEO Cisco Al head of business development Saito football France Indra three billion dollar twenty five percent sixty five percent eighteen months seventy percent eighty percent thirty percent two weeks One days
"john chambers" Discussed on Kickass News

Kickass News

04:19 min | 3 years ago

"john chambers" Discussed on Kickass News

"Now, John Chambers brings his years of experience to his new book titled connecting the dots lessons for leadership in a startup world. John, thanks for coming on the podcast, then it's, it's a pleasure. It's ironic I live out in California and I'm here in New York talking to you and California. It speaks to how busy. MRs being disrupted and changes occur, we seem to have missed each other coming and going here, and I have to say, I, I like the way that you began before we went on Mike here because you said to me, how can I make this the best podcast? How can I help you? Is that something that you've learned over the years to do whenever you do media for the company? Well, it's both with media, but more importantly, I form relationships for life, and I've been honored to have relationships with some of the top government leaders in the world and political leaders, but also just with normal engineers, normal people. So I get to know people. And when I have a business relationship, I never sell customer sayings. They need, but also develop trust and build relationship for how does he other side win. And that's something that I used, whether it's between countries between companies or just on relationships been like you and I just started its trust and it's hopefully attract record of backing up that trust will during your twenty years at Cisco, the company went from four hundred employees and one. Point, two billion in revenue to forty, seven billion in revenue and seventy thousand employees. But when you first moved to Cisco from Wang laboratories in nineteen Ninety-one, you say that your friends thought that you took a job at Cisco foods. What did you see in Cisco back then? Well, it's amazing because for many of your viewers there, they often of my two adult children. The issue of Silicon Valley to the east coast thirty years ago. We didn't even understand it. I, we were in the Silicon Valley of the world in Boston one twenty eight, and I'd been with IBM and the mainframe leader then with Wang the minicomputer leader. But there was a disruption occurring candidate Boston one twenty eight was disappearing in terms of technology leadership location. They were getting disrupted by Silicon Valley, and I tried to convince Dr Wang that we ought to move to the PC into software and day internet, and he was a brilliant man, but I was not successful in our discussion in what how Seoul was the next generation of technology. And so we're not talked to young people and talk about what you want to do in your career. You wanna think about the company you go to, but you wanna think about the market transition going on both perhaps business model, but also technology. So around winter, Cisco people didn't even know what the internet was and my friends thought I join. Being a Cisco, the food company. I knew Cisco had finally arrived when I quit getting complaint letters about my sysco trucks. And if when we started off as you said, seventy million in sales and by the mid nineties, we're on a real roll and very fortunate to be a part of that. You mentioned that you came to Cisco from too much larger companies, IBM and Wang laboratories. How did your experience at those to serve as a cautionary tale about being the disruptor instead of the disrupt e the bottom line is mainframes. Got disrupted by many computers. Mini computers got disrupted by the PC and the internet, and we weren't able to transition off technology and business model changes, and you're gonna see that occur again over this next decade where probably forty percent of the companies across America existing large companies won't exist in ten years. A period of rapid change this new digitisation five hundred billion devices connected the internet, artificial intelligence. It's gonna change business models. So I think it's so important. All of us in our personal lives, whether we're to start up a government location or large business to realize we've got to constantly reinvent ourselves and you want to be the person who disrupts if you're not disrupting, you're going to be the person who unfortunately gets left behind an indeed. You attribute your ability to see four and five chess moves ahead to something that you struggled with as a child, which is dyslexia as a CEO. What kind of advantages did dyslexia give you? Well, there were couple factors that really contribute to that. The first is actually my dad who taught me early on to thank five and ten years out and how to deal with.

Cisco Silicon Valley Wang laboratories Dr Wang Cisco foods John Chambers IBM California New York Boston Mike CEO Seoul America ten years forty percent thirty years twenty years
"john chambers" Discussed on TechStuff

TechStuff

03:11 min | 3 years ago

"john chambers" Discussed on TechStuff

"At the end of the following year. It was down to sixty six thousand six hundred thirty nine. So assuming some folks were brought on throughout two thousand twelve either through or through hires that would mean around five thousand people. People were let go. It wouldn't be the last time. Cisco would have to lay off a lot of people in August two thousand sixteen the company announced it would eliminate five thousand five hundred jobs and the following year at announced another eleven hundred positions would be on the chopping block. Now that was probably because Cisco has pivoted in recent years. The network infrastructure market has slowed down considerably because eventually you get enough superhighway laid down, right? Internet service providers have built up their infrastructures, they might continue to. Implement new material into those infrastructures, but there's no longer this land grab. There's no longer this very fast expansion of internet infrastructure. It's not necessarily a lot of of a organizations already have the equipment they need. So for the last couple of years, Cisco has had to look at a different source for revenue something some other area of growth. They could still do business with network infrastructure materials, but it's not going to have the year over year growth that investors want to see. So the company has switched to concentrate more on software and cloud computing services, as well as the internet of things. In fact, there's a pretty good chance that the internet of things got its name from Cisco, which was the organization that really recognized win individual network connected components were outnumbering the number of people on the planet saying, well, we now have more. Devices connected to the internet than there are people in the world that happened by the way around two thousand eight, two thousand nine one person who left his job was John Chambers, but that was his choice. He didn't get fired. He actually retired as CEO in two thousand fifteen. As I mentioned earlier, his replacement was Chuck Robbins. The current CEO of Cisco. He had worked for Cisco for nearly twenty years. He had previously been the senior vice president of worldwide operations. Now, if you listen to my last episode, you heard me say that a one thousand dollar investment in Cisco when it first went public, wouldn't it a ju fifty? Five point five shares which means there around eighteen dollars per share, which made me wonder, how much would they be worth today? So since that time the company's shares have split multiple times. So you have to take that into count fifty, five point five, five shares from nine hundred ninety would be more shares today because they kept splitting. So how. How many shares would you have today? Probably somewhere around sixteen thousand. That's how many times it's splits. Now keep in mind. A split typically doubles the number of shares you have sometimes it could be more than that depending on the nature of the split at the time I am researching this episode. Cisco shares are priced at about forty two dollars eighty six cents per share. So if you do some multiplication, you take your sixteen thousand..

Cisco senior vice president John Chambers CEO one thousand dollar forty two dollars eighteen dollars twenty years
"john chambers" Discussed on TechStuff

TechStuff

02:49 min | 3 years ago

"john chambers" Discussed on TechStuff

"John Chambers had earned a masters of business administration from Indiana University. He had worked for IBM and their sales department in the late seventies and early nineteen eighty s and then went onto work for weighing laboratories makers of the Wang computer or Wong. If you want to use the correct pronunciation. I would say this was in the late eighties. This was a computer company that one time was extremely successful. A lot of people haven't really heard about Wong or Wang computers these days because they were again, sort of a business to business company. But by the time chambers left the company in nineteen ninety Wong was already on a downward spiral, and it would eventually declare bankruptcy, it would emerge from bankruptcy. It would then get acquired, and ultimately it would end up dissolving after a couple more acquisitions, maybe someday I'll do a full episode to talk about the history of that company anyway, by that time, John Chambers. Was already part of Cisco. He had joined that team officially in nineteen ninety one, and he would serve as the Cisco CEO for two decades. He would stay on a CEO until July twenty. Seventh, two thousand fifteen, and a lot happened in those two decades. So chamber serves as the news CEO of Cisco and it's business as usual meeting. The company is continuing to grow in the choir other companies. This was a time when people began to get incredibly excited about the potential of the internet. The mid to late nineties startups were beginning to bloom in the mid nineties, but that would really build to a fever pitch by the end of the nineties. It got crazy. The information superhighway was being hailed as the next frontier. It was where people were going to make their fortune. It was a land grab of massive scale. It was where we were all going to live, and we were going to have experiences in virtual environments that would let us work and shop. And play and experience life in a way we just could not imagine before the internet or at least that's how it was all sold to us. No one was really sure how it was actually going to shake out, but they were all sure that it would lead to this amazing virtual future and Cisco, a company that continued to supply the technology that made internet connect communication possible was profiting from this excitement and a very real way more companies were building out in that works at MIT, they needed the equipment that Cisco produced in order to do that. They were going to Cisco primarily because it was the biggest name out there. It was the dominant manufacturer of various network components like routers and switches. So if you need to build out your network, chances are you're going with Cisco hardware, they needed to establish safe networks,.

Cisco John Chambers Wong CEO Indiana University IBM sales department fever MIT two decades
President, James Comey and Fbi discussed on

01:32 min | 3 years ago

President, James Comey and Fbi discussed on

"Partners weirdo ceo's turn for smart advice to one another the bloomberg breakaway membership can in ceo's from established industry leaders in the merging disruptors experience one of a kind peer networking gain insight from industry experts innovators and global leaders like steed case john chambers at ursula burns become a member and attend the ceo summit this june apply now at bloomberg live dot com slash breakaway from the bloomberg ninety nine one newsroom in washington nathan hager with the latest headlines he's still assessing the intelligence and we'll talk with allies tonight the white house is saying about president trump is decision making process on syria over its purported poison gas attack france says it has evidence the assad regime used chlorine gas in douma last weekend senate foreign relations chair bob corker says a full confirmation vote for mike pompeo to be secretary of state could come the week of april twenty third at his confirmation hearing today senators urged the cia director to give the president independent advice from foggy bottom fired fbi director james comey calls president trump unethical and untethered to truth in his longawaited book due out next week republican national committee is already mounting a response activating a website called lion komi global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm nathan hager this is bloomberg.

President Trump James Comey FBI CIA Senate Assad Steed Bloomberg Nathan Hager Republican National Committee CEO Director Mike Pompeo Bob Corker Douma France Syria Donald Trump
"john chambers" Discussed on Freakonomics

Freakonomics

01:46 min | 3 years ago

"john chambers" Discussed on Freakonomics

"I admire chuck robbins at cisco we we we replaced john chambers who was a ceo i greatly admired i hate to say this because it's because he just died but paulo to leaney was one of the best man i ever knew as far as being friend of females tough guy nice guy and very qualified and i so i'm just going to give him that shoutout even though he's not with us let me ask about one in in your former orbit what about thirteen adela coming into microsoft making a lot of yes absolutely absolutely brilliant and brilliant because why you know brilliant because he moved fast he was willing to break glass he obviously knew what to do and i think i mean he did the unthinkable i mean he actually has microsoft back in the picture i mean i have a lot of time for him and and he's a nice guy let me ask you this one big change that he made consciously and now that's being carried out strategically as that microsoft is back in the partner and collaboration business which obviously they never were out of but the you know in the in the early years they did a lot more of that and and i i'm just curious whether you know trying to be the big dog in any fight which microsoft was for a while if you think that is kind of a more male ceo trait and the idea of.

chuck robbins john chambers ceo paulo adela microsoft partner leaney
"john chambers" Discussed on Channel 33

Channel 33

01:37 min | 4 years ago

"john chambers" Discussed on Channel 33

"You know those weren't emotional movies there were really fascinating movies in they were suspenseful like what's going on and they were there was something very eerie and dynamic about seeing these these talking apes in that amazing john chambers makeup but they weren't emotional stories these are emotional stories and and you know caesars character when i saw a rise the thing that i really responded to as it was the first time i'd had that level of emotional identification with a cg character and i think that that is what is continually surprising to people when they see these movies is they're going to they know they're going to go see these apes that are acting in ways that remind us of ourselves and that's also the sub i mean look the whole idea planet of the apes and what we're doing is not that we're seeing what the apes are like we're seeing what we are like as reflected in these airships and and so the fact that the stores are very emotional i think has always been the thing that people take away in war there's a huge focus on the apes stories essentially told through seizures is yeah that's what i want a lot i'm with them yes i mean i i felt that sat out when i came in on dawn the story that they had didn't have as central as he ended up being and on that was my that was part of my pitch and i wanted to start in the world that the apes had created i wanted to be like you know two thousand one with the dawn of man i wanted to be the dawn of intelligent apes and just doing the visual effects alone that's very highwire act because those effects are so expensive and the character who you're gonna be following the reverie seen there's not unlike dawn there's not a scene in this movie that doesn't have a.

john chambers