Reimagine with Eric Schmidt: Democracy After the Pandemic
54 min
With authoritarian powers rising around the world, how could democracy and global leadership shift after COVID? Former Secretary of State Madeleine Albright and former Australian Prime Minister Kevin Rudd discuss the future of democratic governance, the influence of China's growing power, and the forces that could shape the world order for decades to come.
Episode Length: 54 minutes
The Energy Gang
The Energy Gang
Greentech Media
Automakers Knew About Climate Change 50 Years Ago
In the 1960s, scientists who worked for General Motors and Ford discovered that the exhaust from their cars was very likely changing the climate. They made presentations at conferences. They briefed senior executives. And then, they were publicly contradicted and their work was suppressed.  We’ll talk to Maxine Joselow, the journalist who reported the story for E&E News over many months. She talked with more than two dozen former GM and Ford employees, retired auto industry executives, academics, and environmentalists about what the companies knew about climate change five decades ago. It leaves the reader wondering: what if automakers had taken the problem more seriously a half-century ago? Then, plenty of conservative states are embracing renewables. But now 100% clean energy mandates are spreading to redder states. The latest is Arizona: a place where elected officials and a giant utility previously worked to stop the march of clean energy. We’ll look at the shift.  And last: can a Marshall Plan for fading coal communities rebuild America’s former industrial regions? * E&E News: GM, Ford Knew About Climate Change 50 Years Ago * Scientific American: A Woman Warned GM about Warming, But Men Didn’t Listen * Greentech Media: Arizona Regulators Pass Rule for 100% Clean Energy by 2050 * Smart Cities Dive: Mayors Unveil $60B Plan to Support Midwest Energy Transition * University of Pittsburgh: Marshall Plan for Middle America Roadmap The Energy Gang is brought to you by Wärtsilä Energy, leading the transition toward a 100% renewable energy future. Wärtsilä launched “The Path to 100%” to accelerate the transition to renewables. Become part of the discussion. The Energy Gang is brought to you by Honeywell, a leading supplier of IoT solutions to mission-critical industries around the world. Honeywell Smart Energy helps utilities transform their grid operations through advanced solutions and targeted services from edge to cloud. Learn more.
1 hr 6 min
The Interchange
The Interchange
Greentech Media
Decoding the New Energy Customer
This week, Shayle Kann talks with Kiran Bhatraju, the CEO of Arcadia, about who's buying clean energy. Every pathway toward economy-wide decarbonization drives straight through a dramatic transformation in the electricity sector. But so much of the discussion in that sector focuses on the supply side: how fast will wind and solar displace fossil fuels? what will happen with natural gas? But there's another important player in this game: the energy consumer.  Consumers tend to be confusing when it comes to energy. It's hard to discern how much we actually care about it in the first place, what our preferences are, what decisions we'll make, what we'll pay for.  Most sectors that have undergone dramatic transformation have been driven by changing customer behavior, and energy may be no different. So we need to understand the consumer, and to find ways to deliver them products and services that will accelerate the energy transition. Shayle and Kiran discuss the different groups of clean-energy customers, how they respond to options, and how a changing regulatory landscape could influence behavior. Support for The Interchange comes from Trina Solar, a global leader in PV modules and smart energy solutions. With decades of industry recognition and awards, Trina Solar is committed to delivering reliable and fully bankable solar technology to the world. Download the free TrinaPro Solution Guide Book on how to optimize utility-scale solar projects. The Interchange is brought to you by S&C Electric Company. Today, non-wires alternatives such as microgrids can provide more sustainable, resilient and economical ways to deliver reliable power. S&C helps utilities and commercial customers find the best solutions to meet their energy needs. Learn more.
41 min
Acquired
Acquired
Ben Gilbert and David Rosenthal
Virgin Galactic
Live from the 2020 ASCEND Space Conference, Acquired covers the full story behind the most "out there" technology story of the past few years: Virgin Galactic. How did this space tourism company grow out of the winning X Prize team, and catch the eyes and fancy of billionaires like Paul Allen, Sir Richard Branson, and, most recently, company chairman Chamath Palihapitiya who took it public via the first "modern" technology SPAC transaction in history? Tune in to find out!! If you want more more Acquired and the tools + resources to become the best founder, operator or investor you can be, join our LP Program for access to our LP Show, the LP community on Slack and Zoom, and our live Book Club discussions with top authors. Join here at: https://acquired.fm/lp/ Sponsors: * Thanks to Tiny for being our presenting sponsor for all of Acquired Season 7. Tiny is building the "Berkshire Hathaway of the internet" — if you own a wonderful internet business that you want to sell, or know someone who does, you should get in touch with them. Unlike traditional buyers, they commit to quick, simple diligence, a 30-day or less process, and will leave your business to do its thing for the long term. You can learn more about Tiny here: http://tinycapital.com * Thank you as well to Bamboo Growth and to Perkins Coie. You can learn more about them at: * https://growwithbamboo.com * https://www.perkinscoie.com/ Playbook Themes from this Episode: (also available on our website at https://www.acquired.fm/episodes/virgin-galactic ) 1. Prizes can be a great way to generate leverage on innovation. If done right, the X Prize and other industry prizes like it (e.g., Netflix Prize, DARPA Challenge, etc) can bring an order of magnitude more talent to bear on a challenge than what the same dollars alone could hire. * The challenge is to create a prize that inspires and draws in a large enough pool of contributors. The aerospace industry’s “cool” factor may be what allowed the X Prize to succeed and explain why prizes aren't employed as often in other sectors. 2. When trying new things, most people want to go second — but those willing to go first get the best returns.Being first into new markets carries high risk (including/especially reputational), but often also offers asymmetric upside. Investing in a new frontier when others think it’s crazy is a recipe for success — if you’re both contrarian and right. * Chamath took a huge turn from the traditional VC playbook when he created his first SPAC in 2017, years before they went mainstream. He and his investors have generated over $1B in profits from that vehicle (which is now merged with Virgin Galactic), and have since used those proceeds to launch five more. 3. The best time to invest was yesterday, the next best time is today. Great investors don’t miss the chance to invest in big markets because they’ve passed on it before. Sir Richard Branson passed on investing in the X Prize twice before partnering with Burt Rutan's winning team to build Virgin Galactic. 4. Whenever a market's prices aren't being set by supply and demand, there's probably an opportunity to disrupt that market. The traditional IPO pricing process is managed by third parties (investment banks) that represent both sides of the transaction, and also have their own economic interests at play. It's the equivalent of a real estate agent representing both the buyer and seller. As a result, many technology IPOs have left hundreds of millions or billions of dollars on the table. SPACs and direct listings are now solving that problem. Any other market with this dynamic should represent fertile ground for entrepreneurs. Links: * Virgin Galactic's "One Small Step" reservation program: https://www.virgingalactic.com/smallstep/ * The November 2020 launch delay: https://www.virgingalactic.com/articles/virgin-galactic-adjusts-test-flight-schedule-in-response-to-new-state-government-covid-19-restrictions/ Sources: * Black Sky Documentary: https://www.youtube.com/watch?v=cikmdTVFPig * How to Make a Spaceship: https://www.amazon.com/How-Make-Spaceship-Renegades-Spaceflight/dp/1101980494/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr= * http://d18rn0p25nwr6d.cloudfront.net/CIK-0001706946/362d3eae-199a-4995-ab78-232a09ced07d.pdf * http://www.agent4stars.com/virgin-galactic-passenger-list/ * https://abcnews.go.com/Business/story?id=8191703 * https://abcnews.go.com/Business/virgin-galactic-resume-selling-tickets-space-reports-skyrocketing/story?id=69229936 * https://en.m.wikipedia.org/wiki/Virgin_Galactic * https://en.wikipedia.org/wiki/Burt_Rutan * https://en.wikipedia.org/wiki/Richard_Branson * https://en.wikipedia.org/wiki/Scaled_Composites * https://en.wikipedia.org/wiki/The_Spaceship_Company * https://en.wikipedia.org/wiki/Virgin_Galactic * https://investors.virgingalactic.com/news/news-details/2020/Virgin-Galactic-Adjusts-Test-Flight-Schedule-in-Response-to-New-State-Government-COVID-19-Restrictions/default.aspx * https://investors.virgingalactic.com/news/news-details/2020/Virgin-Galactic-Announces-Third-Quarter-2020-Financial-Results/default.aspx * https://open.spotify.com/episode/63gIP0UcvBUyhuf0qz1Rza * https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5mZWVkYnVybmVyLmNvbS9wcm8tcmF0YQ/episode/OTc4MDliM2MtYTI1NS0xMWU5LWJhZjMtMmYxYWQyZTM2ZmM0 * https://sifted.eu/articles/fund-fintech-secret-ian-osborne/ * https://techcrunch.com/2020/09/16/cant-stop-wont-stop-social-capital-hedosophia-just-filed-for-its-fourth-spac-says-new-report/ * https://www.ainonline.com/aviation-news/aerospace/2007-08-28/northrop-grumman-seals-scaled-composites-deal * https://www.bloomberg.com/news/articles/2020-11-05/virgin-galactic-sees-new-ticket-sales-after-branson-s-space-trip * https://www.businesswire.com/news/home/20121005005907/en/Virgin-Galactic-Acquires-Full-Ownership-Spaceship-Company#.VFvXsPnF98E * https://www.forbes.com/sites/daviddawkins/2020/09/06/inside-virgin-orbit-richard-bransons-small-satellite-bid-to-match-musk-and-bezos-in-the-billionaire-space-race/?sh=1d880f577ab9 * https://www.listennotes.com/podcasts/industry-focus/cg-virgin-galactic-prepares-wOHokI4mM06/ * https://www.marketwatch.com/story/abu-dhabis-aabar-boosts-virgin-galactic-stake-2011-10-19 * https://www.renaissancecapital.com/IPO-Center/News/65718/The-Space-SPAC-Everything-You-Need-to-Know-about-Virgin-Galactic * https://www.renaissancecapital.com/IPO-Center/News/72123/Palihapitiya-and-Osbornes-fifth-SPAC-Social-Capital-Hedosophia-Holdings-V-p * https://www.sec.gov/Archives/edgar/data/1706946/000114420417044783/v473766_s1.htm * https://www.sec.gov/Archives/edgar/data/1706946/000119312519215509/d785777ds4.htm * https://www.space.com/31993-stephen-hawking-virgin-galactic-spaceshiptwo-unity.html * https://www.spacedaily.com/upi/2004/0831-091100-us-spacerace2-cashprize.html * https://www.theguardian.com/business/2014/oct/09/virgin-galactic-space-tourism-richard-branson-george-whitesides * https://www.theverge.com/2018/10/13/17967954/virgin-galactic-richard-branson-saudi-arabia-jamal-khashoggi * https://www.usatoday.com/story/tech/talkingtech/2018/05/29/amazons-jeff-bezos-says-we-need-leave-earth-survive/651715002/?fbclid=IwAR0E2z5cBtry3Zy0sNRs9jRFKjE_b-T7N-kN0TQO7MDbWJO-baZKw4ZMZGU * https://www.wsj.com/articles/richard-bransons-virgin-orbit-seeks-1-billion-valuation-in-fundraising-11602403201?cx_testId=3&cx_testVariant=cx_2&cx_artPos=1#cxrecs_s * https://www.wsj.com/articles/richard-bransons-virgin-raises-480-million-with-spac-11601642288
1 hr 45 min
GeekWire
GeekWire
GeekWire
Scott Galloway on Amazon in a 'Post Corona' world
Amazon's big move into the pharmacy business last week wasn't a surprise at all, and it's just part of a larger plan to reinvent a trillion-dollar industry. Coming soon from Amazon: health insurance, predicts serial entrepreneur and NYU marketing professor Scott Galloway in his new book, "Post Corona: From Crisis to Opportunity." "Amazon knows a great deal about its best customers: what do they eat, do they buy exercise equipment or video games, do they have children, and are they in a relationship," Galloway writes in the book. "Between Amazon and Whole Foods purchases, the Amazon card, and all the 'pay with Amazon' merchants, the company has vastly more individualized data than any insurance actuary." That might sound like the makings of an Orwellian future, but it's just one of the ways that the crisis of the past year has rapidly accelerated the inevitable in the economy and society, as Galloway sees it. After going through years of change in a matter a months, he writes, the result will be a very different landscape on the other side. The book looks ahead to the day when we put this pandemic behind us and find that some of the most powerful companies in the world have only become more powerful, for better or worse for the rest of us. So where does that leave us? Scott Galloway joins us for a conversation about the "Post Corona" world on this episode of the GeekWire Podcast See omnystudio.com/listener for privacy information.
27 min
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