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Decoder with Nilay Patel

Recode Decode: "Zucked" author Roger McNamee

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.33.2K Ratings

🗓️ 11 February 2019

⏱️ 70 minutes

🧾️ Download transcript

Summary

Elevation Partners founding partner Roger McNamee talks with Recode’s Kara Swisher about his new book, Zucked: Waking Up to the Facebook Catastrophe. In this episode: Transitioning from tech optimist to critic; the 1990 crash and rebound; starting Silver Lake Partners; McNamee’s health crisis and struggles with office politics; “then Bono calls up”; meeting and mentoring the 22-year-old CEO of Facebook, Mark Zuckerberg; recruiting Sheryl Sandberg to be COO; the Beacon disaster and clashing with Sandberg; the suspicious early warning signs in 2016; speaking out against Facebook and the cost of becoming an activist; why McNamee wrote Zucked; trying to get around Google’s privacy invasions; the fundamental problems with Google and Facebook’s business model; tech companies that never think about consequences; how the limits on what data can be collected keep changing; and how can regular people help fix these problems? Click here to vote for Kara Swisher in the Shorty Awards! You can vote once per day between now and Thursday, February 21. Thanks to Microsoft Azure for sponsoring this episode. Get started with a free account and 12 months of popular free services at Azure.com/trial today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:06.0

You're saying goodbye to gas stations and hello to open roads.

0:09.0

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0:17.0

Chevy is making EVs for everyone, everywhere. Go to chevrelay.com slash electric to learn more.

0:24.0

Hi, I'm Cara Swisher, Editor at Large of Recode. You may know me as the bassist in the Bayon, Moon Alice, but in my spare time I talk tech and you're listening to Recode Decode from the Vox Media Podcast Network.

0:39.0

Today in the red chair is someone I know very, very well. I've known for a very long time, Roger McNamy, the founding partner of the venture capital firm, Elevation Partners.

0:47.0

He was an early investor in Facebook for the company, when public it is now speaking out against the company in a new book called Zucked Waking Up to the Facebook Catastrophe.

0:56.0

Roger, why is this a surprise that you are out there? I've known Roger Zulling. He's always been the most enthusiastic venture capitalist. I know he's a character, Roger, welcome to Recode Decode.

1:06.0

It is so cool to be here, Cara. I'm so excited in this book. It's getting a lot of attention.

1:10.0

It's a funny thing when you spend 34 years being a tech optimist. All of a sudden you wake up one morning and you realize that everything you had done has basically gone off the rails, off the cliff.

1:24.0

So we can blame you, right?

1:25.0

Well, you know, I certainly blame myself. And so I had this moment of epiphany where I realized I had to stop doing what I was doing and commit myself to seeing if I couldn't help repair some of the damage.

1:39.0

So we're going to talk about the epiphany. We're going to talk about what you like and what you talk a little bit of your history.

1:43.0

But let's get into your history because you and I go back way back, but you go back way back. For the not I got the so MLA in the 90s and the mid 90s early mid 90s.

1:50.0

Talk a little bit about your background so people understand who you are and what you know.

1:53.0

So I first came to the tech industry in 1982. I grew up in Albany, New York. I had to drop out of college for a while. My father died. I had to earn some money coming back when I came back.

2:04.0

So I finished two years. My brother gave me a speak and spell Christmas of 1978.

2:09.0

I speak as well as Texas Texas instruments. It really matters. Texas instruments thing that basically yeah, teachers kids had a spell.

2:16.0

And he said because you can do this thing today very soon you're going to be able to make a handheld device that holds all your personal information.

2:23.0

This is 19 years. This is my brother. 19 years before the Palm Pilot. This is one year after the apple to it's still three years from the IBM PC.

2:32.0

I mean, it is in astonishing insight. So I literally spend the next whatever number of years trying to figure out how to be part of this thing.

2:40.0

I come to Silicon Valley in 1982 and they're not doing anything like that. They're still working on the space shuttle. That was a brand new program.

...

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