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Squawk Pod

Russian Economics, Housing Refugees, & Investing for Impact with Serena Williams

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 March 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

As the Western world’s sanctions pile onto Russia, CNBC’s Steve Liesman considers the effect they’ll really have for the Russian economy and the Russian people. Speaking from his experience as a journalist in Moscow, Liesman explains the Russian government’s relationship to its citizens and the country’s difficult financial history. Meanwhile, U.S. corporations including Netflix, Disney, and Warner Bros. are taking a stand for Ukraine, and Airbnb is helping to coordinate housing for refugees. Airbnb CEO Brian Chesky discusses the cost and the capacity to serve the hundreds of thousands of Ukrainians fleeing violence. Plus, tennis champion Serena Williams’s venture capital firm Serena Ventures has raised $111M for its inaugural fund. She and General Partner Alison Stillman discuss the importance of representation in venture capital and investing in diverse perspectives. In this episode: Serena Williams, @serenawilliams Brian Chesky, @bchesky Steve Liesman, @steveliesman Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squack Pod. I'm C&DC producer Cameron Costa.

0:08.0

Today on our podcast, sanctions against Russia are piling up,

0:12.0

but how much effect will they really have?

0:15.4

Our own Steve Leisman, who used to be Moscow Bureau Chief for the Wall Street Journal.

0:20.2

Putin doesn't seem to care.

0:21.7

It's not a question of whether or not he can withstand the opposition.

0:24.0

It's a question of how long he'll ignore it.

0:26.0

And America's corporate response to Russian aggression with Airbnb CEO Brian Chesky.

0:32.0

We reached out to governments in Poland and Germany and

0:34.3

Hungary and Romania and we're prepared to house up to 100,000 refugees and frankly we

0:39.5

can house as many refugees we have hosts. Plus we're bringing you a break from the war coverage

0:45.1

with an American legend, a champion, an investor.

0:49.2

Serena Williams.

0:50.3

The venture capital ecosystem really needs you you know, an inclusive player and a player with a platform, you know, to make the necessary intact change at scale.

0:59.0

It's Tuesday, March 1st, 2022, and Squawk Pod begins right now.

1:05.0

First up on our podcast today,

1:09.2

the latest in Russia's invasion of Ukraine,

1:12.2

with our anchors Joe Kernan Becky Quick and Andrew

1:15.0

Ross Sorkin. Here's Andrew. Satellite imagery showing a large convoy about 40

1:19.6

minutes long of Russian military vehicles it's headed towards Ukraine's capital.

1:24.8

Analysts say it's just that Russia is preparing to launch a full-scale assault on the

...

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