Goldman Sachs Technology conference right here in san francisco. We will hear from technology heavyweights over the hour, including the ceo of gopro, ripple, and Goldman Sachs. The year is set up in a way in which i think it should be very constructive for m a activity and ipo activity. Activity. We have got a very healthy ipo backlog, but we also have an environment for a variety of reasons why meeting should set up to be a pretty good year. Are private market valuations private healthy right now . I think private market valuations have heightened the months. The last 1224 capital has been tighter for private market funding. I would not say that valuations are bubbly. Environment where growth was sluggish, investors were looking for a place where there was growth, and Silicon Valley is a place where there was a lot of growth. You look at a company like amazon, it is growing 30 on when hundred 80 billion of and 80 billion of revenues. These are Big Companies with large market caps. The
Our coverage this week from the Goldman Sachs Technology Conference right here in san francisco. Well hear from tech heavyweights throughout the hour including the ceos of gopro, ripple, and Goldman Sachs. Lets kick it off with david solomon, Goldman Sachs resident and cocoo. David the year is set up in a way in which i think it should be very constructive for m a activity and ipo activity. Ipo activity started to pick up toward the end of we have got a 2017. Very healthy ipo backlog, but we also have an environment for a variety of reasons why meeting for a8 should set up strategic year for m a. Private market valuations, are they healthy right now . I think private market valuations have heightened the bit over the last 1224 months. Capital has been tighter for private market funding. I would not say that valuations are bubbly. In an environment for the last five years where growth was sluggish investors were looking , for a place where there was growth, and Silicon Valley is a place
This is one hour, 25 minutes. A good evening. I have the great privilege of being the president of this extraordinary institution hunter college. A great pleasure to welcome you to the future of the New York Times. This event is hosted by i were roosevelt house Public Policy institute. Thanks to the Arthur Sulzberger jr. And dean baquet and Jack Rosenthal more people rsvpd then roosevelt house Public Policy institute could handle. The roosevelt longer complex relationship with the New York Times. When he was in the white house Franklin Roosevelt begin each day by reading five newspapers and the first one is usually picked out was the New York Times. The times islam some supportive of his programs especially in the early years and endorsed him in 1932 1936. The times consider probusiness policies. The less issue irritated fdr since the times financial pages were showing strong economic growth. That prompted him his only public criticism of the paper. He said what it be nice if the edito
For decades, the times has worked provides a highest quality coverage. But that is no longer good enough in the internet era. The innovations report encourage what he called Audience Development. Find a variety of ways to reaching out to potential readers. How have you responded . Arthur a great question. In the business and newsroom. I want to go back to the earlier. When i gave the 800,000, i forgot, i can clear it up. It is 1. 1 million print subscribers when you included the weekend. I want to get the number of back to where it belongs on the weekend, sunday paper. The innovation report was a wonderful wakeup call. As you might recall, it was written on behest of dean and jill abramson, then the executive editor and empower 18 of some of our best journalists to look deep it ourselves. And then it was leaked. It was never written to be linked. At first, without it was awful. Only a few days later that we realize the power of what had happened. People around the world embraced the fa
Must remain at the heart of the fcos work and our diplomacy. The Prime Minister and the chancellor have said many times that you cant be a strong country unless you have a Strong Economy. You cant have a Strong Defense unless you have a Strong Economy to underpin it. The Foreign Office is an important part of the agenda. Ive said many times and ill say again today that the role of the Foreign Office, paid for by british taxpayers must be to protect britains security, to promote britains prosperity and to project britains values around the world. If we do these three things successfully, well deliver our obligations to the taxpayers who fund this. We want to be a major player on the world stage. The Prime Minister signaled very clearly that britain is not in retreat, that we will play our role in keeping the world safe and supporting our own allies prosperity. That means rebuilding the office to ensure the best in the world that my predecessor started ensuring that Foreign Policy is mad