Another man on a jet ski also helped with the rescue. Well done by them. Day one of the newlook nba playoffs is done, and all the socalled home teams came away winners in orlando. The top performance, utahs donvan mitchell, 57 points in the jazzs loss to the Denver Nuggets but thats the third best in nba playoff history. Todays schedule opens with title favorites milwaukee taking on the orlando magic. Turning to the nfl and the big announcement from the washington Football Team. The franchise is making nfl history, naming jason wright the leagues firstever black Team President. Heres abcs janai norman. Reporter as the nfl prepares to kick off its season in just a few weeks, the stakes are at an alltime high for washingtons Football Team following months of turmoil. Owner dan snyder in the hot seat facing mounting pressure to sell the team after a series of scandals shook up the franchise formerly known as the redskins. Snyder, who had once vowed to never change the controversial name,
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
Have set new alltime highs today with corporate earnings sending some mixed messages to investors. And the target miss rippling through the market, were seeing some take a hit. Joining us for the full hour, paul hicky, cofounder of the spoke Investment Group do you see any interplay between these big stories that were watching today so i think combined, they play into themes that weve been looking at coming into the year. So the pros and cons of the market heading into 2020 now, were pretty much evenly split. And the target could be a sign that maybe the economy is a little bit weaker than people are seeing were seeing weaker than expected data. On the positive side, were seeing the market continue to hit new highs. And the number one positive we look at is dont fight the tape. When we see new highs like this, you dont want to fight the market and trade is important its not necessarily a positive or negative, but at least weve got this behind us and theres very little in the way of exp
Host so scott kupor, what does a Venture Capitalist do . Guest so basically what we do is we provide money to companies that are trying to grow and hopefully become very Big Companies like facebook or google or apple someday. If were doing our jobs correctly we are helping them grow the company so we dont work in the businesses but hopefully we can provide introductions, help navigate new challenges as they go through the business. We like to think of ourselves as a money provider and hopefully a supporter. Host why cant a company such as the ones you describe just go to a bank and go through traditional avenues . Guest its a good question. Most of the businesses we invest in our very risky businesses that will lose money for a long time as Investment Business and banks are not in the business of doing that or taking risk of losing their capital. We are willing to take that risk. About half of what we invest in we will lose all our money in. Any bank of you that idea to would not be to
We were too cautious. We were too nambypamby. New stepmom shares a very sweet message for him at her sweating. I want you to be safe and to try your hardest and to be a good person. Dont cry. Wake me up when its all over when im wiser and im older. All this time. Steve we should have woke up brian because apparently he overslept and in his place as he comes up the stairs to the mezzanine level come around and take a look, its ed henry. Ed good morning, thank you for having me. Ainsley brian daughter has gone to the finals for National Championship for soccer. He said if im not here on monday my daughter about d. Really well over the weekend and going to the National Championship. One game left. Ed im here until wednesday so maybe she going to keep playing. Play all week. At least thats what brian told us. Ainsley i think its on the other side of the United States. Well see. Steve we will find out soon enough. Ed, great to have you. Ed good to see you. Steve lots to talk about. The pres