Lean Startup's Eric Ries: "The cavalry is not coming"

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 24 April 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Eric Ries, author of Lean Startup and founder of the Long-Term Stock Exchange, to talk about trying to build a PPE procurement website (2:55), the problem (5:40), what he can do as a techie (10:35), starting a hotline (13:35), waiting for the government (13:45), the bottlenecks (18:00), fears of oversupply (22:05) why the cavalry is not coming (25:00), the difference between demand and production capacity (28:20), and launching a stock exchange in a pandemic (31:55).

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Transcript

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0:00.0	Yo, technology.
0:03.0	What is it all about?
0:04.6	Every time someone calls me, I have this thought in the back of my head.
0:06.9	Why are they calling me?
0:09.0	This doesn't make sense.
0:10.2	They should, surely there's like a czar of this person in charge of it who will solve the problem.
0:16.6	And in a lot of cases, there just isn't.
0:22.4	Hello and welcome to Danny in the Valley.
0:25.7	Thank you for tuning in.
0:27.0	I'm your host, Danny Fortson, West Coast correspondent for the Sunday Times.
0:32.3	And this week, we have a good one for you.
0:34.8	Very good one.
0:35.9	Today we have none other than Eric Reese, who many of you will know as the author of The Lean Startup, as well as the founder of the soon-to-be-launched long-term stock exchange.
0:47.3	We are not talking about either of those things, though. Allow me to explain. So over the last few weeks, as COVID has raged across the world,
0:55.7	one of the many shocking aspects of this crisis has been the PPE shortage, just a complete
1:00.4	lack of masks and gowns for frontline workers, for essential workers, for everybody. And I'd
1:07.1	started hearing that a lot of people out here in Silicon Valley were really diving into help creating organizations,
1:13.6	nonprofits, getting groups together to, in some small way, help try to alleviate the problem or kind of shorten it,
1:21.4	at least shorten this window of crisis.
1:23.7	And there are a bunch of organizations that have been started up to address the shortage.
1:28.0	So there's one billion masks.
1:30.1	That was founded by Sam Altman, who's pulling together orders from gig economy companies
	...

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