Group in the middle of solvable problems that have not yet been solved. Thats what i call the perfect problem because that in fact is the focus of what i think entrepreneurship is. In other words, you are looking for a way to solve the problem that is solvable but has not been done. Youre going to have to do something new but you dont get a copy. What happened with jack, jack dorsey and i i hired jack when he was 15, he was a High School Student, came into work at a company that i still have and i dont run any of my companies they just sell them, this ones been around for 30 years and jack and i worked together and he went off to college and he got kicked out of twitter and the first time i guess. And they showed him the door and he came back to st. Louis and we were heading out and talking. And we decided we would Start Company together. So then we were kicking around for ideas, he did not have an idea and i did not have an idea so we look for problems i solve and we came up with the
So, scott cooper, what does a Venture Capitalist do . Basically what we do is we provide money to companies that are trying to grow and hopefully arbecome very Big Companies like facebook or google or apple someday and then if we are doing our jobs correctly we are also helping them grow the company so we dont work in the businesses but hopefully we can provide introductions to them and help them navigate new challenges as they go through the business so we like to think of ourselves as a money provider and hopefully a supporter as the business grows. Why cant a company such as a the one you describe go through a bank and do traditional avenues. Good question. The problem is most of the businesses we reinvest in our ricky businesses and lose money for a long period of time as they invest in banks are just not in the business of doing that or taking risk of losing their capitals so we are willing to take that risk and in fact half of what we invest in will lose our money and any bank wh
Are profiteering on the back of migrants. Can you talk about that is one of the opening points in your book . The work you are doing is so important to in my in the American Public about the vice grip the cartels have at the border. So one of the things that is really important to eliminate in chapter one is the Caravan Cartel that they could not do it alone not just to have explicit conspiratorial is out there to make billions of dollars of profit to endanger lives and wreaking violence and havoc but the fact that benevolent charities and religious organizations that may think they are doing good deeds and of course we know about the kinds of roads that good intentions pay but those religious organizations on both sides of the border are enabling the drug cartels to make as much cash as they do. We have seen the ill legal alien caravans come into your state and beyond. And the support money that subsidize the shelter networ network, especially churchgoers is from their own pockets and
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