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Real Vision: Finance & Investing

The Future of SaaS Investing, Machine Learning, & Data Privacy (w/ Raoul Pal & Gordon Ritter)

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 30 January 2021

⏱️ 71 minutes

🧾️ Download transcript

Summary

The Interview. Recorded on Nov5,2020 : Cloud investor Gordon Ritter, founder of Emergence Capital, one of the first venture capital firms to invest exclusively in software-as-a-service, or SaaS, manages portfolio companies that have a market cap of $400B+ and 13 IPOs or exits greater than $500 million, including high-profile exits like Zoom and Salesforce. He joins Real Vision founder and CEO, Raoul Pal, for a conversation about the evolution of the software sector, how fast the SaaS investing market is today, the future of machine learning, the challenges ahead in data privacy, and the digitization of education. Filmed November 5, 2020. Key Learnings: The premise of SaaS is that a piece of software is hosted on a cloud infrastructure (operated through a web browser), and businesses pay a monthly fee to get access to this software. Investors in SaaS companies have reaped huge benefits, and the widespread adoption of SaaS platforms across business and personal applications doesn't appear to be slowing down. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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family at good culture.com. Gordon, great to have you on Real Vision.

0:44.0

Great to be here. Thanks, Ralph.

0:47.0

I think your story is an incredible story and it kind of all leads to this moment in time,

0:51.0

which is the kind of dominance of this SAS business model that you were such a part of.

0:56.4

So I'd love before we kind of talk about what's going on in the world and how you see things to go back and tell us your journey because it's a fascinating

1:06.0

journey. Well thanks Rowl yes I've you know a quick story on my background as

1:11.8

I grew up in Maine, a little town in the middle of on the coast in Maine.

1:18.0

And my family moved me up when I was young and that was my first taste of how do you deal with

1:23.9

something that's not what you plan but it actually pays off. I had the chance to

1:28.5

go to a high school that had a little program called Rowing which crew, which I was a non-athlete and picked up this sport

1:36.4

and it changed my life.

1:37.8

My wife is a rower that I met after college and Rowing has completely changed my life and if I hadn't moved to Maine and then gone to a school that had rowing, the world would certainly for me not be as beautiful as

1:52.0

and rowing is still still I row many days a week, even now at this stage in life.

1:58.0

And then I had the chance to start it on kind of on your side. I was actually ran a division

2:08.3

worked as an analyst at First Boston and ran a group that started to collateralize mortgage obligation when I was at a very

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