Fifty Years‘ Seth Bannon: “When a bear chases you into a tree, how do you get down?"

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 26 March 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times’ tech corespondent brings on Seth Bannon, co-founder venture capital firm Fifty Years, to talk about fighting the coronavirus (3:25), the coming destruction of Silicon Valley’s startup ecosystem (5:00), the funding crunch for venture capital (7:00), backing Covid-19 companies (13:20), the problem with home-testing (16:10), why this will be worse than the tech bubble implosion for startups (19:20), and if universal basic income’s moment has come (21:20).

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Transcript

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0:00.0	I'm Charlotte Ivers from the Sunday Times Wine Times podcast. This week we're sponsored by
0:05.2	Celebrity Cruises. Each week, myself and Will Lyons share three wines and one dish to discover
0:10.7	the remarkable ways wines can make any meal special, from picnics to pick me ups with the cheese
0:16.0	course. So pour yourself a glass, sit back for a grape-inspired podcast full of laughter, insights, and
0:22.3	interesting wine. This podcast is in association with the Sunday Times Wine Club. Listen to Wine
0:27.7	Times, wherever you get your podcasts. This isn't all hands-on deck, you know, sort of situation.
0:35.0	This is our World War II. and that is not a dramatic comparison.
0:39.2	The effort to win that war laid the foundation of technical progress for years to come.
0:44.8	Mass production of antibiotics.
0:46.2	We got skin grafts.
0:47.8	We got mass immunizations.
0:49.5	We got radar, the microwave oven, nuclear power, the first programmable digital computer.
0:55.4	Yo, technology.
0:57.9	What is it all about?
1:03.1	Hello and welcome to Danny in the Valley.
1:05.8	You're, for the moment, more than weekly dispatch from behind the scenes and inside the minds of the top
1:12.6	people on tech. I am your host, Danny Fortin, reporting to you live from my bedroom. Downstairs,
1:18.8	my kids are literally bouncing off the walls. So if you hear any crashing, any yelling,
1:24.1	screaming, that stem, expending energy, and partially destroying my house. But we digress.
1:30.9	On the show today, we have a guest that we've had on here before. His name is Seth Bannon.
1:36.5	He is the co-founder of 50 years, which is a venture capital firm that focuses on sustainability,
1:42.8	kind of environmental, et cetera, saving the planet, so to speak,
	...

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