Here. Good morning. Maria you have gdp, adp, alphabet of numbers and economy that is front and center in the 2020 election, right, lee . Question, theres no question about it, a lot of people are talk how its giving the president so much cover right now with everything that is going on, the democrats have to be careful how they treat this because this is an issue that the American People find dear to their hearts, a lot of Economic Data in favor of the president. Maria if theres one person thats coming across as well as anybody opposite the president would be Tulsi Gabbard and i know that youre a big supporter of Tulsi Gabbard, omid, does she look at the economy as driving force, is that part of her platform as well . Theres no doubt about it. The way she gets there is difference, start with foreign policy, we wasted 6 trillion over 18 years on regime change wars, we have a trillion dollar deficit, but 6 times that have gone to wars have havent made us safer, what can we do with money
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
Good morning. Im jane pauley and this is a special edition of sunday morning. A sunday morning by design. Its our annual look at the people, places and things that enriches our lives every day. To that end, you might notice Something Different about our look this morning. More on that in a few minutes. For now, just enjoy the view. Its a reminder how design in ways large and small is everywhere. And well start large. Very large. If you had unlimited funds to design the perfect city from the ground up, what might it look like . Sound farfetched . Luke burbank tells us thats exactly what some tech billionaires in california are trying to figure out. But how theyre going about it is raising some eyebrows. Reporter if you build it, they will come. At least thats what the backers of a new plan to turn this farmland into a new city believe. What if not Everyone Wants it built . I had a hunch this was a good place to do this. Reporter coming up on sunday morning, big tech, big dream of a big
Time since 2012. Maybe stocks are slowing because of the hunt for yield, the tenyear treasury note below 2. 6 . Whats that sound . It is realtors dancing as Mortgage Rates are likely to fall back again. Europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. Our road map begins with apple and one very large acquisition. Talks to buy beats headphones, dont forget the streaming service for 3. 2 billion and create the first hiphop billionaire, we will address some skepticism from the street. And getting divorced before they got married. Publicist and omnicon calling off their merger. Ugly breakup in the ad industry. Somebody call john ham. Ralph lauren and the gap out with results. Ralph lauren beat, warning about shrinking margins. Ralph waging its Global Expansion at the begin of margins. Were calling it straight out of cupertino. Apple in talks to buy beats, the streaming Music Service founded by producer dr. Dre and jimmy i owe veen. Surprise
Venture capitalist Andreesen decries proposed state regulation of AI sfchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfchronicle.com Daily Mail and Mail on Sunday newspapers.