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
We thank everyone for joining us for our first Small Business meeting of 2020. I want to especially thank the witnesses for taking the time to travel from across the country and take time away from their businesses to have this important discussion. There will be members coming and going or overlapping hearings with other committees. Youll see folks, and we ask for your patience with that as well. Farming and agriculture are at the heart of strong economies around the country. It is crucial to insure that our communities thrive. Coming from colorado, i understand the importance that farming and agriculture have on our states way of life and economic wellbeing. Nearly half of colorados 66 million acres are dedicated to over 30,000 farms and ranches. Many of which are small, locally owned operations. Colorados a leading producer of cattle, corn, wheat, and dairy. Colorados small farms are raising everything from bison and ostriches and growing mushrooms and grapes to name a few. In the 2
Test captions Copyright National cable satellite corp. 2008 mr. Willis, as a project thatle will have a ripple effect, can you speak to the impacts gateway will have on your members as well as the importance of having federal engagement on transportation projects that have an Economic Impact . Thank you, senator. What i can add is a couple things. When you talk to our members who have to operate the trains through the tunnels, maintain the signal systems, electrical systems, tracks themselves, they tell horror stories. We have a problem on our hands. You know the economic consequences of shutting down the tunnel, reduce capacity by 75 , but our members will tell you there is a real problem right now going on in there that needs to be addressed. We were hardened the administration changed the rating for portal bridge north, disappointed they did not do the same for the tunnel itself. The costs recently has been reduced by 1. 4 billion. Amtrak is kicking in several hundred extra million
A 2nd and a run up the next hour on the way to what his backers are doing well right now while backing down from one of the nations biggest media conglomerates just got bigger were going to break down which company has now swallowed up Spanish Language Network Univision so much to get to on this very busy day so lets get started and we begin where else but with the very latest on the coronavirus as that surge of new cases is rising outside of china were also seeing markets react very strongly kristie is the latest on that coming up in just a 2nd but right now lets take a look at the boom of new cases in south korea as well as iran lets start in south korea where virtually all of the new cases are connected to a mega church about 200000 people in fact about 60 percent of all south koreas cases of the coronavirus or link to the church of jesus where it apparently a 61 year old woman began transmitting the virus its not clear how she became infected. Well now south korean officials have a
The committee will come to order. Todays hearing will focus on the reauthorization of the vast act, the nations current surface transportation bill, that is embers decembers on september 30th. We will hear the perspective of key stakeholders. A long term reauthorization bill is critical to providing the certainty and stability that transit agencies, cities and states across the countries need to make responsible Transportation Planning decisions. Public transportation plays a key role in our nations economy, there are over 430,000 workers employed in Public Transportation in the united states, transit provides approximately 33 million trips every day, taking Many Americans to and from work, school, and medical appointments. And not just in big urban cities, but also in small, rural areas. However we find ourselves at yet another service says petition authorization is the most significant issue that needs to be addressed. In order to address a comprehensive, long term reauthorization bi