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Transcripts For KTVU KTVU FOX 2 News At Noon 20240713

Since the coronavirus force millions of businesses to close their doors and shrink their workforces. However, the number of first drizzle. Time applications has now friday morning we sought out the day with some clouds and declined for six straight weeks, suggesting that a then becoming partly sunny into dwindling number of companies the afternoon hours. A lot more sunshine compared to are reducing their payrolls. Meanwhile here in our states, the last few days. And then into friday evening we there are 1. 2 million will gradually thicken of the cloud cover. Our next system coming on board californians collecting in the pacific, this is saturday, 5 00 p. M. Unemployment insurance, chances of rain, a better bet including most of the staff at by saturday, 9 00 p. M. The brown sugar kitchen in oakland. The owner had to let 34 of her and some scattered rain showers into sunday morning. Workers go when restaurants were ordered to shut down back in march. Usually, anyone receiving jobless be ....

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Transcripts For CSPAN2 After Words Jim McKelvey The Innovation Stack 20240713

Problems that havent yet been solved. So 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 a problem that is solvable but hasnt been done. You had to do something you and you dont get to copy. And so we were then taken around for ideas and you do not have an idea and i didnt have an idea so we started looking for problems that we can solve and came up with the problem of how they got paid. When did you come to that conclusion, you talk in the book about your work, tummy about that moment that payments were a problem for small merchants. It was funny because as i said jack had been kicked out of twitter and my first reaction to that was jack was like a little brother to me, somebody felt like i needed to stand up for and what they did to him at twitter the first time was completely bile. So my first suggestion was lets go to S ....

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Transcripts For CSPAN2 After Words Jim McKelvey The Innovation Stack 20240713

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 pr ....

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Transcripts For CSPAN2 After Words Jim McKelvey The Innovation Stack 20240713

They showed him the door. We decided we would start a company together. Host when did you come to that conclusion . You talk about your work as a glassblower. When did you realize payments were a problem he had just been kicked out of or its somebody i needed to standm in better the first time, so my first suggestion was lets go to San Francisco and get even. It was like spike motivated. But jack to his credit said why dont we do something more positive and start a new company so that was the impetus and then we were looking for a problem and the only thing we determined was our company was going to be sort of focused on ive got my phone here, ive got to use it as a prop. These things. Are we going to focus on these things because the iphone had just come out and we knew it was going to b be entertained. We hired an engineer from apple and that gave us two weeks to figure out what we were going to do. We were stretching for ideas a ....

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Transcripts For CSPAN2 After Words Jim McKelvey The Innovation Stack 20240713

And they show them the door and we were hanging out and talking. And decided we would start a company together. We were kicking around ideas. He didnt have an idea so we were looking for problems to solve. And came up with the problem of how merchants got paid. When did you come to that conclusion . Talking about your work as a glassblower when you realize payments were a problem for small merchants. That was funny because jack was just kicked out of twitter and my first reaction is he was like a little brother. I felt like i needed to stand up for what they did at twitter to have the first time was completely file. My first suggestion was lets get even with those guys it was just spite motivated. But jack to his credit said lets do something more positive and start a new company. So that was the impetus. Then we were looking for a problem the only thing we determined was our company would be focused my phone is a prop. These things focus on these things because the iphone had just com ....

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