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
That enhanced the fog. The water is very cold. That certainly helps. You get the on shore wind, gusting to 2 bits. 50s, low 60s on the temperatures. East bay temperatures, including san ramone, pleasantton, black hawk, 58 by the pavilion. And 58 as well. Overall, look for temperatures to be 60s by the coast. 70s around the bay. And 80s inland. Just warm, even out to sacramento, they are cooling down to near average. Maybe slightly below. By tomorrow, well start a jump up. Well have more on that in ten minutes. 7 01. Sal is here. So far, so good. Something new . Steady and slow, or steady and even. There have been slowdowns, but not that many. Its a lighter than usual day. Lets start off with 80 westbound. 22 minute drive. That is pretty good when you get to the bay bridge. Theres not much of a delay. Theres a slight one, but not much. And then if you look at the east bay commute, looking around for slow traffic. I dont see much in the way of slow traffic around the bay. As you can see
Stocks fell,n weighed d two prominent blue chip companies. Apple and boeing. Investors also spent the trading seion trying to figure out what the central bank will likely do following t strong jobs report that we told you about on friday. Well have more on that in just a moment. But first, the closing numbers. The Dow Jones Industrial average dropped 115 points to 26,806. Ase nasdaq down 63 and the s p 500 sli 14. Lets start with apple. It was the worst performing dow stock today after analysts at rosenblat securities downgraded shares to a sell. They cited the weakening demand for apples flagship iphone especially in china and also the potential for slower Service Revenue growth. E calling what they called fundamental deterioration in the sck over the next 6 to 12 months, and shares of apple finished 2 lower in todays session. And now to boeing which ovec the weekendved its first major cancelation for the 737 max airpla it came from a Lowcost Airline in the middle east. That sent the
Created by cable in 1979, cspan is brought to you by your local cable or satellite provider. Cspan, your unfiltered view of government. The house modernization of Congress Committee explored best practices on how to recruit and retain a diverse Congressional Staff. Human resources executives and an author of three books on workplace topics testified and answered questions from committee members. This is about an hour and a half. Okay. All right. The committee will come to order without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled cultivating diversity and improving retention among Congressional Staff. I now recognize myself for five minutes to give an opening statement. One of the main ways in which we retain staff is by having it be a 90 degrees in here, so my apologies to each of you. We will be distributing fans to the entire audience. Today we are going to talk about whats really the backbone of this institution and th
G20 summit this weekend. Our eyes are on two of them. The United States and china. President trump and xi jinping face a trade war. The talks may be at the conference in japan or in beijing. Vm wares operating officer is back from china where he hosted the for rem, pooden is joining us right now. Sanjay pooden is in charge of all of em. I want to go in with you on your most recent trip to china. In the hotel bar, you are talking for those who work for your company and those who dont. What are they saying behind closed door . Yeah, thanks scott for having me on the show. I think it was important that the executive theyre getting a sense of whos going to show up here. I went there to reassure our employees and then partners with customers that we are committed to our customers there. It starts with that. Well, we got to comply with u. S. Law which affects certain partners. There is a vast number of other partners that we want to reassure. Tell me what you want to reassure them. I am talk