John Doerr Goes Green; Disney Enters the Metaverse; Elon Musk Makes a Sale

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 11 November 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Legendary internet investor John Doerr is making a big bet on green tech. In discussing his new book, “Speed and Scale,” Doerr explains his plan to achieve global net zero emissions by 2050. As a venture capitalist, his eye is on the bottom line, but Doerr shares a vision that stretches far beyond his portfolio returns. Disney has big plans for its own metaverse and Elon Musk has sold $5 billion in Tesla stock. Plus, Andrew is back from his two-day virtual DealBook Conference, and he’s digesting comments from GM’s Mary Barra, Citadel’s Ken Griffin, and others. On this Veterans Day, we thank all current and former military for their service to the United States. In this episode: John Doerr, @johndoerr Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm the NBC producer Katie Kramer today on our podcast.
0:10.0	John Doer invested in the internet and now he's betting on a greener future.
0:14.6	The legendary venture capitalist on the tech that'll get us there.
0:18.0	This is not some kind of green kumbaya party that we're having.
0:22.0	It's a real revolution and there will be winners and
0:24.9	there will be losers. And our own Andrew Ross Sorkin is back from the New York Times
0:30.2	Dealbook summit with highlights including from Ken Griffin.
0:34.0	We're at a more precarious crossroad today
0:36.4	than I think any was anticipated just nine or 12 months ago.
0:39.8	And Mary Barra.
0:40.8	General Motors is so undervalued.
0:43.7	Those stories, plus Elon Musk selling Tesla stock.
0:47.2	Disney's got plans for the Metiverse and we're waiting for more Rex.
0:50.6	So I got a million streaming services and nothing to watch.
0:54.0	It's Thursday, November 11th, 2021.
0:57.0	Squackpot begins right now.
1:00.0	Stand Becky by in three two one cure please.
1:03.0	Good morning everybody welcome to Squawk Box here on
1:06.6	see and be see I'm Becky Quick along with Joe Kurnen and Andrew Ross
1:09.8	Sorkin and it is Veterans Day today this is a day for us to pay our respects to all of those
	...

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