Efficient Investing with Bessemer Venture Partners’ Byron Deeter, Tesla’s Model S Plaid Debut & Blockchain.com CEO on Crypto Latest
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 11 June 2021
⏱️ 47 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I'm Deerreboza, and you're listening to CNBC's Tech Check. |
| 0:03.5 | Our show is live weekdays at 11 a.m. Welcome to Tech Check. I'm Carl Kingtonia with John Ford and Dear Drubosa. Coming up this hour, what Uber isn't? Global ride-sharing giant Didi just filed for an IPO, and it is revealing a lot about the business models for both |
| 0:38.4 | Uber and Lyft. Then an argument that stocks like Zoom and DocuSign deserve their premium multiples, |
| 0:43.7 | but some other names in the software space still have something to prove. And Elon Musk unveiling |
| 0:48.7 | the new Tesla sports car. We're going to dive into the Tesla narrative, and we've got a story |
| 0:53.2 | on Musk's tax strategy, John. |
| 0:56.1 | Yeah, and tech this morning broadly higher to end the week, S&P adding to record levels earlier, though it's a little bit flat right now. |
| 1:04.8 | The NASDAQ has been in the green. |
| 1:06.5 | We're seeing some big calls on Zoom, Amazon, Dell, and more that we'll bring to you, Dee. |
| 1:12.3 | We'll get to all those. But first, guys, a new IPO, DD, the Chinese ride-hailing giant, |
| 1:17.3 | is heading to the American market. The company is Uber's biggest competitor on the global stage, |
| 1:22.9 | famously defeating their efforts in China and forcing their U.S. rival to sell the company its business |
| 1:29.5 | there in exchange for shares in D.D. It also remains a heated rival in Latam. Meanwhile, |
| 1:35.2 | Uber has scaled back its ambitions beyond ride sharing. DD.'s platform, though, still spans |
| 1:40.4 | logistics, robotaxies, autonomous EV development, even financial services, |
| 1:46.4 | certainly making it more of a super app. So a big part of how Didi got here, though, has been |
| 1:51.5 | its home court advantage in China. But guys, that may also be one of the biggest risks going |
| 1:56.1 | forward. We know the Chinese regulators are knocking down monopolistic practices. It has targeted D-D with a fine. |
| 2:03.4 | And, guys, I also want to raise some questions raised by the F1 that we got yesterday. |
| 2:08.7 | The company presented revenue in a tricky way that made it seem bigger than it actually is. |
| 2:13.6 | And even that last quarter of profitability was due to investment gains, not the economics of the |
| 2:19.1 | underlying business. And, John, that may be part of why public markets haven't received |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

