Having been a venture-backed CEO, and having an established background in working with consumer-focused companies, I've built a strong network of entrepreneurs and people who can help startups.
Venture-backed startups with billion dollar market caps are called 'unicorns' because they are supposed to be rare mythical creatures that few entrepreneurs will ever ride.
Personally, having, you know, lived and worked in the White House, having been a senator, having been Secretary of State, there has traditionally been a great pool of very talented, hard-working people.
Not many venture firms have people whose job is to read academic research - on startups, ventures, and entrepreneurs - and gather knowledge from that.
I love having real conversations with entrepreneurs who have built their companies from the ground up, with nothing but their own drive, passion, and courage, and I'm constantly learning new things as I hear each one's unique journey.
As a lot of the venture capital world seems to be shifting away from consumer, we want to make sure that consumer entrepreneurs know there's still money available.
I've been all over the world meeting with companies and startups and entrepreneurs. And I tell you, they are more similar than different.
Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.
Having run Tellme before, one of the things I learned about running a big network is it's one thing to have some people not be able to get on the way they want to get on, but as long as people who are on the network are having a good experience, you're totally cool.
There are two companies that the AI Fund has invested in - Woebot and Landing AI - and the AI Fund has a number of internal teams working on new projects. We usually bring in people as employees, work with them to turn ideas into startups, then have the entrepreneurs go into the startup as founders.
Startups allow technologists and scientists to take risks and change plans in a way that would be frowned upon in a big company. Having said that, big companies will play a key role in certain areas and in partnerships with little companies. Each has its strengths.
Having people around you that are honest with you, and having a team around you that can actually track and communicate where things are working and where they're not working, is really an invaluable asset to an artist's career. I just see it time and again, people who have no clue about that stuff. It's frustrating, and I see the frustration for them. It's a weird thing being an artist, trying to navigate the music business with little to no help.
We want to help U.S. entrepreneurs, small business owners, and brands and companies of all sizes sell their goods to the growing Chinese consumer class. Chinese consumers will get to buy the American products they want. This, in turn, will help create American jobs and increase U.S. exports.
'Shark Tank' has been a sincere joy. As our traditional venture-backed companies get bigger, the investing side tends to get more political and complicated. 'Shark Tank' takes me back to my early days working with ambitious founders in their earliest and scrappiest days. The show reminds me of what I deeply love about this business.
Companies that acquire startups for their intellectual property, teams, or product lines are acquiring startups that are searching for a business model. If they acquire later stage companies who already have users/customers and/or a predictable revenue stream, they are acquiring companies that are executing.
For me, it is all about people having jobs, and that is why I make no apology for having focused relentlessly on employment and job creation.
Having a CEO, having that person run a news corporation who's female, is already a talking point.