Ebooks are sold. Host so scott cooper what is a Venture Capitalist do . Basically what we do is we provide money to companies that are trying to grow and hopefully become very Big Companies like a facebook or google or apple someday. Forging her jobs correctly we are also helping them grow the company so we do not obviously work in the businesses that we can hopefully provide introductions for them p help navigate new challenges asge they go through the business we like to think of ourselves as a money provider and hopefully a supporter as the business grows. Why does the company like you describe not go through a bank and go through traditional avenues . Speech its a good question the problem is most ofro the businesses that we invest in our very risky businesses that are going to lose money for a long period of time as they invest ine the business and banks unfortunately are just not in the business of doing that or take a risk for losing capital paired for willing to take that risk
If my tie was fixed. All right. David i dont consider myself a journalist. Nobody else would consider myself a journalist. I begin to take on the life of an interviewer, even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . You have been the ceo of uber for how long now . Dara two years. David do you enjoy it . Dara i love it. David the company was not a public company. You have taken it public. You received a lot of publicity about the ipo. The company has a higher market capitalization, roughly 72 billion. Higher market capitalization than any company in american capitalism history except for facebook, this short a time after the ipo. Why are so many people criticizing you for having a 72 billion market cap . Dara i think there are many critics for a large company. That is a fact of life. What is different about some of the Technology Companies of our generation that are coming public, the socalled unicorns, w
I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of an interviewer, even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . You have been the ceo of uber for how long now . Dara two years. David do you enjoy it . Dara i love it. David when you came in, the company was not a Public Company when you came in. You have taken it public. You received a lot of publicity about the ipo. Obviously you know that. The company has a higher market capitalization, roughly 72 billion. Higher market capitalization than any company in american capitalism history except for facebook, this short a time after the ipo. Why are so many people criticizing you for having a 72 billion market cap . Dara i think there are many critics for a large company. That is a fact of life. What is different about some of the Technology Companies of our generation that are coming public, th
All right. I dont consider myself a journalist. Nobody else would consider myself a journalist. I begin to take on the life of an interviewer, even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . You have been the ceo of uber for how long now . Dara two years. David do you enjoy it . Dara i love it. David the company was not a public company. You have taken it public. You received a lot of publicity about the ipo. The company has a higher market capitalization, roughly 72 billion. Higher market capitalization than any company in american capitalism history except for facebook, this short a time after the ipo. Why are so many people criticizing you for having a 72 billion market cap . Dara i think there are many critics for a large company. That is a fact of life. What is different about some of the companies of our generation that are coming public, the socalled unicorns, we have stayed private for longer. We h
In our very risky businesses that could lose money for a long period of time as they go into business. Banks, unfortunately, our not in the business of doing that. We are willing to take that risk. Half of what we invest in, we will lose all of our money. Any bank will not be too excited about that venture. Host where does the original money come from you give to the companies . Scarlet we go out and raise money for my couple of different folks. University endowments are a big source of capital. If you look at Stanford University or yearly university, they have endowments, and that money goes to help subsidize the cost of the university. Large foundations, nonprofit foundations, like the ford foundation, for example. Or these companies are doing is trying to use venture as a way to drive a high rate of return in their portfolio. They are looking for us to generate Something Like 25 or 35 returns for their business. They have a large portfolio that might have stocks and bonds, and this