So, scott cooper, what does a Venture Capitalist do . Basically what we do is we provide money to companies that are trying to grow and hopefully arbecome very Big Companies like facebook or google or apple someday and then if we are doing our jobs correctly we are also helping them grow the company so we dont work in the businesses but hopefully we can provide introductions to them and help them navigate new challenges as they go through the business so we like to think of ourselves as a money provider and hopefully a supporter as the business grows. Why cant a company such as a the one you describe go through a bank and do traditional avenues. Good question. The problem is most of the businesses we reinvest in our ricky businesses and lose money for a long period of time as they invest in banks are just not in the business of doing that or taking risk of losing their capitals so we are willing to take that risk and in fact half of what we invest in will lose our money and any bank wh
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
Lets get to some of todays news from our washington and new york teams. I want to return to trade tensions between the u. S. And trump president responding to questions on implementing the phase one trade deal amid the coronavirus pandemic. We signed the deal. I heard that too, they wanted to reopen the talks to get a better deal. China has been taking advantage of the United States for many decades because we have people in this position, sitting in the oval office that allowed that to happen. I am not interested. Alix Kevin Cirilli joins me now. Walk me through. Kevin good morning. This comes as the president has increasingly attacked china politically speaking, and raised questions about chinas response to covid19, including Senior Administration officials. From an economic standpoint, the president saying not so fast as it relates to u. S. China trade tensions. Democrats with the newest round of economic stimulus, i spoke to the undersecretary of Economic Affairs who said the Unite
Major funng for the pbs newshour has been provided by life isnt a straight line,u and sometimes n find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. I supportiovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for and by contributioyour pbs station from viewers like you. Thank you. Wdruff the official, global death toll in the covid 19 pandemic has rehed 300,000 tonight. That includes 85,000 in the United States. The new numbers were posted as a federal vacce expert laid blame at the white house door. White house correspondent Yamiche Alcindor begins, with this report. The subcommittee on health will now come to order. Reporter today on capitol hill, a top scie
For only 15 minutes. Since then stocks have moved sharply lower. The g7 proposed policies, but the tenyear breaking below 1 for the first time ever. Darius adamczyk will join us in a bit. We have Rick Santelli here, Steve Liesman is covering the emergency fed cut. And meg tirrell has the latest on the coronavirus outbreak. Ill be watching the fallout for the banks. Pete is joining us yesterday, today two very different days have you chanced what youve been doing have not. This is a classic buy the rumor sell the news type of trade. It was tell graphed friday and over the weekend were trading higher eventually. You still think we go long you do think the panic is overblown. I am in the life sciences. I know some of the things going on that are not well publicized, but theyre out there. Its moore pernicious, and now its on our shores, and thats the big concern. It is a virus that i do believe that at the end of this quarter, a few months, well be seeing the light at the end of the tunnel