Venture Capital's FTX Mistake, Elon's Twitter Plan, Investing in Labor Tech— With Roy Bahat

Big Technology Podcast

Alex Kantrowitz

Technology, Religion & Spirituality, Business News, Business, Religion, Science, Philosophy, Society & Culture, Entrepreneurship, Management, Marketing, Politics, News Commentary, Government, Investing, Tech News, Social Sciences, News

4.6 • 395 Ratings

🗓️ 16 November 2022

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Roy Bahat is the head of Bloomberg Beta, a venture capital firm that invests in companies building the future of work. Bahat joins Big Technology Podcast to explain why he — a VC — is investing in labor-organizing technology. We spend the first half speaking about how VCs trusted FTX, where the economy goes from here, and whether Elon Musk's plan for Twitter can work. Join us for a fun, lively discussion that takes some unexpected twists and turns.

Transcript

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0:00.0	Hey, I'm Michael Kovnet, host of The Next Big Idea Daily.
0:04.0	The show is a masterclass in better living from some of the smartest writers around.
0:09.0	Every morning, Monday through Friday, we'll serve up a quick 10-minute lesson on how to strengthen your relationships,
0:15.0	supercharge your creativity, boost your productivity, and more.
0:19.0	Follow the Next Big Idea Daily wherever you get your podcasts.
0:24.2	LinkedIn Presents.
0:45.8	Welcome to Big Technology Podcast, a show for cool-headed, nuanced conversation of the tech world and beyond.
0:52.8	Our guest today is Roy Bahad. He is the head of Bloomberg Beta, an early-stage firm that invests in companies working on the future of work. And Roy is actually one of the early guests on Big Technology Podcasts.
0:56.5	If you're a recent listeners, you can go back and check out our episodes.
1:00.0	Thank you, Roy, for helping us kick this thing off the ground.
1:03.5	And it's great to have you here today.
1:05.4	Thank you.
1:05.9	I feel like you're the one hosting good conversations.
1:09.8	So you're the one helping the ecosystem. I'm just,
1:11.5	I get to show up and talk with people I like and respect. Awesome. Well, I'm stoked to speak with you
1:16.4	today and the origination. So the reason why, you know, it seemed like it was a great time to
1:20.9	have you back on is because you and I were speaking a little bit ago, maybe a few months ago.
1:25.6	And you had mentioned that you had seen
1:27.9	enough opportunity in labor organizing, that there was growth in labor organizing and needs in labor
1:34.0	organizing, that the labor movement in the U.S. and potentially worldwide was growing to the point where
1:38.7	now there was a real opportunity when it came to investing in the technology that empowers that
1:44.0	type of organizing.
	...

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