Need to Know, w/Reid & Bob: Crypto craziness, ransomware attacks, "smart risks" & more
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 22 June 2021
⏱️ 39 minutes
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Summary
"Will some people lose their shirts with crypto? Absolutely. Will new great industries be built upon this? Absolutely," Reid Hoffman tells Rapid Response host Bob Safian, in a new, unfiltered conversation. The co-hosts dive into cryptocurrency strategy, why cybersecurity "is an emperor-has-no-clothes situation," weighing Target vs. the corner store, what's driving new climate-change habits, and more. Plus: What Reid missed most in the pandemic. Cameos: Compass CEO Robert Reffkin, Guild Education CEO Rachel Carlson.
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Transcript
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| 0:00.0 | All right, here we go. |
| 0:02.8 | Hi everyone, welcome to Massage of Scale Unfiltered, a periodic dialogue between Reed Hoffman, the host of Massage of Scale, and me, Bob Safian, host of Massage of Scale Rapid Response, about the most important business topics impacting entrepreneurs right now. |
| 0:19.0 | I've always found it valuable to talk through strategy in the business environment with my colleagues. There's an experimental aspect to these unfiltered sessions. It's not scripted, and we don't really know where we'll be heading. |
| 0:31.0 | But we do know our listeners are on their own experimental journey too, and we want to mirror that in a similar way. |
| 0:37.0 | Yeah, these unfiltered sessions are designed to put some context around what we're hearing in our podcast, interviews, and elsewhere, and a chance for us to discuss some key trends unfolding. |
| 0:49.0 | This time we're going to talk about cyber security and smart risks, crypto, and climate change, and how COVID-19 continues to reverberate through companies plus, we'll have a couple of cameos from Compass CEO Robert Reffkin and Guild Education CEO Rachel Carlson. |
| 1:06.0 | Are you ready Reed? Absolutely. |
| 1:09.0 | You got to have incredible talent at every position. |
| 1:13.0 | It's like this huge push. There are fires burning when you're going home. |
| 1:17.0 | Can you believe it? |
| 1:18.0 | Touch an idiot, and then you go back to, this is totally going to be amazing. There's so many easy ways. |
| 1:24.0 | So, so, so, I have no idea what to do. |
| 1:26.0 | Sorry, we made a mistake. |
| 1:27.0 | But you have to time it right. |
| 1:29.0 | Oops, we're working to have a free budget for partying. So, it just seems absolutely not all 10 years later, but let's just how you do it. |
| 1:36.0 | We haven't paid just how you do it. |
| 1:41.0 | This is Master's of Scale. |
| 1:47.0 | We'll start the show in a moment, afterward from our premier brand partner, Capital One Business. |
| 1:53.0 | The stat we know from Arizona is there used to be something like 20 journalists per capita, and now there are three. |
| 2:03.0 | That's Becky Palak. For over 20 years, she'd been a newspaper reporter in Arizona. |
| 2:08.0 | And over that time, she watched her newsroom shrink around her, which meant local issues weren't being covered. |
| 2:14.0 | What's going on in your city council? What's going on with your taxes? What's going on with your local streets and parks and libraries? |
... |
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