4.6 • 3.6K Ratings
🗓️ 8 September 2023
⏱️ 69 minutes
🧾️ Download transcript
Clay Finck is joined by Bob Muglia to discuss the AI boom, Bob’s experience working with Bill Gates, and how he helped lead Snowflake from $0 to $200 million in revenue during his tenure as CEO.
Bob Muglia is a prominent technology executive known for his influential roles at Microsoft, including Senior Vice President of the Server & Tools Division, and is also the former CEO of Snowflake, a leading cloud data warehousing company. Bob helped lead Snowflake to go from zero to a $200 million business. Today, he remains a key figure in the tech industry, contributing his expertise in various leadership and advisory positions.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro.
02:11 - How Bob first got immersed in the technology industry.
05:58 - Bob’s lessons from working with Bill Gates and Steve Balmer.
10:34 - When he realized that data was going to be one of a company’s most valuable assets.
12:40 - What differentiates Snowflake from their competitors in the data warehouse space.
25:25 - Bob’s view of the competitive landscape in the data warehouse industry.
30:13 - Whether Bob was surprised that Berkshire Hathaway bought into the Snowflake IPO.
31:31 - What The Arc of Data Innovation is.
37:09 - When Bob foresees Artificial General Intelligence to become a reality.
39:06 - What industries Bob sees AI impacting the most.
46:16 - What the end game is for AI and where technology is heading.
49:44 - Isaac Asimov’s role in the governance of technological innovation.
54:09 - If regulators are taking appropriate actions to safeguard against the potential downsides of AI.
55:39 - What Bob looks for when investing in technology companies.
62:48 - Why technology in many cases won’t replace people and their jobs.
67:44 - What the future of online search will look like.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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0:00.0 | On today's show, I'm joined by Bob Muglia. |
0:05.5 | Bob spent 23 years working with Microsoft, and he held a number of executive positions |
0:10.4 | with the company, the last of which being his role as the president of the server and |
0:14.6 | tool business unit prior to resigning in 2011. |
0:18.1 | In 2014, Bob became the CEO of Snowflake, and he helped lead the company from zero to |
0:23.7 | $200 million in revenue before parting ways in 2019. |
0:27.7 | Bob recently released a book called The Data Pronures, which explores how technology |
0:32.2 | got to where it is today, and where he foresees technology and AI going in the future. |
0:37.6 | This episode touches on a lot of interesting topics, such as Bob's lessons from working |
0:41.9 | with Bill Gates and Steve Balmer, what differentiates Snowflake from their competitors in the data |
0:47.0 | warehouse space, whether Bob was surprised that Berkshire Hathaway invested into Snowflake's |
0:52.1 | IPO, what the arc of data innovation is, when Bob foresees artificial general intelligence |
0:58.1 | becoming a reality, what industries he sees AI impacting the most, what he looks for |
1:03.3 | when investing in technology companies, what the future of online search may be, and so |
1:08.7 | much more. |
1:09.7 | Without further ado, here is my chat with Bob Muglia. |
1:13.9 | You are listening to The Investors Podcast, where we study the financial markets and read |
1:22.1 | the books that influence self-made billionaires the most. |
1:25.3 | We keep you informed and prepared for the unexpected. |
1:37.0 | Welcome to The Investors Podcast. |
1:38.5 | I'm your host, Clay Fink, and today it is such an honor to be joined by Bob Muglia. |
1:43.9 | Bob, welcome to the show. |
... |
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