In your new book the innovation stack you talk about a glassblower to team up with the founder of twitter to build a multibilliondollar Payment Company you talk about perfect problems when did you realize how Business Payments were a perfect problem . I needed a way to delineate problems if you think about the worlds problems those that are solved so we could copy the solution. And then for one reason or another are not solvable. We dont have a way to do it but then that group in the middle of solvable problems that have not yet been solved is the perfect problem because that is the focus of what we accomplished to look for a way to solve a problem that is solvable that hasnt been done you have to do something new. So what happened with jack dorsey and i come i hired him when he was 15. A High School Student came into work at a company that i still have. I dont run any of my companies but i also dont sell them. We started working together and he went to college. We kept in touch. Then
My name is beri meric, cofounder and ceo of iv. Is my pleasure to introduce all of you to alex kantrowitz. Hello, how are you today . Im doing great. Take you for having me for this. Im really excited for it, weve got our members from across the world joining us for this conversation. Ive been talking about it nonstop over the last few days to the point of annoying white if you friends. Were all very, very excited to learn from you today, so true might everybody the context of a conversation today, together with alex were going to be learning how to compete in the world where no advantage is safe. This concept of always they want is something we can all benefit from. With alex started writing this book im sure he wasnt exactly expecting it to be released in the midst of a pandemic. However, in my view this topic could not be more relevant especially these days when so many of us are forced to have that day one mentality. Help us kick off, alex. Id love to ask you, what you found to be
Compete in the world where so the concept of something we can all benefit from. In writing this book im sure in the midst of the pandemic however in my view this topic could not be more relevant especially these days when so many of us are forced to have that mentality. Help us kick off alex for the above to ask you what you found to be so important about this topic that you wanted to focus your sites on interviewing the leading ceos and what started you to read this book and how does it fit into your overall journey . I covered the tech giants and i commend the slightly different background instead of going to Journalism School i studied in Industrial Labor relations and i put that in the back of my mind but i have always focused on culture organizational behavior and how companies are run and how work is structured. Thats something i voice thought about it. My background is ive covered the news going on in the companies and so around 2017 obviously we started seeing the tech giant st
Steve told the story of going from a glass blower in st. Louis teaming of the founder of twitter to build a multibillion payment company. In the book you talk about a lot about perfect problems. When did you realize that Small Business payments were a you are going to have to do something new and you cannot copy. I hired jack when he was 15, he was a High School Student came into work at a company that i actually still have. I dont run any of my companies but it also dont sell them. This ones been around for 30 years. He goes off to college, we kept in touch. And then he had kicked out of twitter, the first time,. [laughter] they showed him the door and he came back to st. Louis and he came back we were hanging out and talking and decided to start a company together. We are then kicking around ideas he didnt have an idea and i didnt have an idea suisse are looking for problems we could solve. And came up with the problem. When did you come to that conclusion you talk in the book about
Rule aimed at people who may not be able to pay their home and business mortgages because of the ongoing Coronavirus Crisis. Now, when Congress Passed and President Trump signed the 2 trillion c. A. R. E. S. Act, they approved some relief for people with federally backed home mortgages. People in this group can ask for a forbearance of loan payments for up to 180 days. There are a few catches. People would still be required to pay those payments when they return to work either in full or at the end of the term of the mortgage. Here in california, governor gavin newsom announced a deal with more than 200 banks that hold private mortgages to do the same for 90 days. But there are still gaps. San mateo county supervisor david canepa says the federal government needs to fill them. In San Mateo County weve done protections for renters, but we really need to address the issue of protections for homeowners. Just because you own property doesnt mean youre rich. Reporter canepa is asking congre