Provider. Scott cooper, what does a Venture Capitalist do . Basically what we do we provide money to companies that are trying to grow and hopefully become very Big Companies like a facebook or google or an apple someday and every doing our jobs correctly, were helping them grow the company so we dont obviously work in the businesses but we can provide and navigate new challenges as they go through the business, we like making ourselves as a money provider and a supporter as a business growth. Why can a company such as the one you described go to a bank and go through traditional avenues . A good question, the problem is most of the business we invest are very risky businesses that lose money for a long period of time as they invest in the business and banks unfortunately are not in the business of doing that or taking risk of losing the capital, we are willing to take that risk and about half of what we invested we will ultimately lose all her money and any bank to your promos will no
Public will have an opportunity to listen to our conversation. A lot of important work over the last few weeks responding to the covid19 crisis. This follows in the virtual roundtable held last week, ices response at the detention facility. Taking time to participate in this roundtable, i think everyone in advance for what we have. I will turn it over to the subcommittee chair. Thank you. At the outset i want to provide a few guidelines that will help this roundtable goes smoothly. I ask that everyone use their microphones unless it is your turn to talk. This will minimize any interruptions or stray noise. I will have my video feed on the entire roundtable. If you prefer to participate in this roundtable or just audio or if you would like to be visible only when it is your time to speak you are welcome to turn off your camera at any time. I want to explain how the roundtable will work and make a few opening comments and chairman nadler will make the opening comments. We follow brief op
George floyd. Officer Derek Chauvin faces Second Degree murder and former president barack obama addressed all of this. In a lot of ways, what has happened over the several weeks is challenges and and problems here in the United States that have been thrown into high gear. There are t they are the outcomes not just in the immediate moments of time, but the result of a long history of slavery and jim crow and red lining and institutionalized racism that too often have been the plague, original sin of our society. And ine a tragic a ewese past, scary and uncertain as theyve been, theyve also been an Incredible Opportunity for people to be awakened to some of these underlying trends. And they offer an opportunity for us to all Work Together to tackle them, to take them on, to change america and make it live up to its highest ideas. And part of whats made me so hopeful is the fact that so many young people had been galvanize mobilized because historically, so much of the progress that weve
Million. Brazil is the worlds pandemic hotspot. Infections in india rising at the fastest in asia. The fed chief is staying neutral on u. S. Aid, dodging senate attempts to make him take sides. He says more help would be needed but stopped short of a full endorsement. Shery we are seeing further afterre of u. S. Futures stocks fell to the last part of the trading session. We have had a strong start in week but there was a report on modernas vaccine study did not produce enough Critical Data to ss its success. There are similar patterns with drug makers like gilead. We saw the selloff. The s p 500 fell for the first time in four sessions for the nasdaq was outperforming at one point but turned negative. Look at what oil is doing, seeing wti above the 30 a barrel level after closing at the highest in nearly two months. We have june futures expiring tuesday. A month ago when may rises plunged prices plunged, we are not seeing that reaction this time around. There is more signs of markets
A shadow by the coronavirus pandemic. And Benyamin Netanyahu becomes the 1st sitting israeli Prime Minister to go on trial as he faces corruption charges just days after beginning his 5th term in office. Im Anthony Howard welcome protests have broken out in hong kong after china spot to outraged with proposed new legislation that would ban what beijing kohls succession ism and subversive activity it could allow Chinese Security agents to operate inside the territory prodemocracy campaign is a calling it a threat to hong kongs autonomy. Once again shrouds the streets of hong kong. Protests rotund off to china pushed for a strict new National Security law for the to. Retore under cover of the corona virus. The National Security law is even more damaging and harmful than the extradition bill last year introduced by the government and now when time is running out in hong kong we would describe now as the beginning of the end we dont have enough time but we still need to continue the fight.