The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Bahat: Very few multi-stage VCs historically produce top seed-stage winners
“We did an analysis looking at the top company performers. And what you see is that since the era that seed funds have existed and who funded them at the seed. And what you see is that some of them were funded by seed funds, first round true others funded some …”
Bloomberg Beta invests if a single partner says yes, ignoring consensus
“Any one person says yes on our team we do a deal.”
Machine intelligence will eat software while software eats the world
“Yes, I think machine intelligence will eat software. While software is eating the world.”
Big data produced valuable technologies but very few valuable standalone businesses
“The, you know, the quote-unquote big data thing Turns out to have produced a number of very valuable technologies, not that many valuable businesses and part of it is because the data on its own, as everybody knows, is, you know, it's just information.”
Proprietary data access is the primary bottleneck in machine intelligence development
“At least today, access to the data is the limiting factor. Which means, by the way, not only do companies like Facebook and Google have an advantage, but pretty much every old industrial incumbent, if it has a way of getting at its data and making use of it, a…”
Bahat: Bloomberg Beta loses seed deals to multi-stage VCs at 2-3x valuations
“And when we lose on a two or three X price difference often because again, valuation is a function of fund size.”
Society must reconsider work and subsistence within 10 to 20 years
“And my view is, A, that we probably will need to reconsider the relationship between work and subsistence at some point in the next 10 to 20 years.”
Bahat: Bloomberg Beta Will Never Back a Portfolio Company's Competitor
“The competitive lanes issue, which is if I back you, I'm not going to back your competitors. And so that means that every time we write a check, we're giving up the opportunity cost of serving another customer and of backing other companies in that space.”