123 - Is SoftBank Spoiling Silicon Valley?
Fortt Knox18 Touko 2019

123 - Is SoftBank Spoiling Silicon Valley?

You ever hear about kids taking a gap year after high school? A gap year. It's when they don't go straight to college and don't get a job, they … do something else. Maybe travel to Europe, or hike the Appalachian Trail. Gap years cost money, so mostly rich kids do them. For other people they’re called “being unemployed,” or “vagrancy.”

But! For kids whose parents can afford it? A gap year can be a beautiful period of self-discovery. Or it can be a ticket to delay responsibility.

What does this have to do with tech? Uber just went public days ago, after waiting a long time. Which is kind of like finally starting college after that gap year. How did the stock do? Terrible. Like straight Fs. Priced at the low end of the range, trading 10 percent below that.

I blame the parents. SoftBank and its 100-billion-dollar Vision Fund have been slinging billions of dollars around Silicon Valley like gap years after Andover, helping startups delay their IPOs. The question today? Is SoftBank spoiling the kids?


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3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

This week on the Fortt Knox podcast, I want to get a little personal. Instead of hearing from a business leader or celebrity as usual, you're going to hear from someone closer to home. My home. The United States right now is struggling with how to respond to the scourge of terrorism -- and how to relate to Muslim Americans here at home. It's something my family has a unique bit of experience with. And this being the days after the Thanksgiving holiday, and after a presidential election, it's a good time to reflect on family. And the country. The voice you heard at the beginning of this episode was my cousin on my dad's side. Omar. I'm a Christian. My faith is an important part of my life. I try to study my Bible regularly, I attend church weekly. My father is a retired pastor and chaplain. My grandfather was a pastor, too. Omar and his siblings are Muslim. His parents converted before he was born. It's fair to say religion has always been a source of tension in our family, but especially over the last 20 years. Through it all, we've tried -- with mixed results -- to keep the family together. So I asked Omar if he would sit down and talk to me for Fortt Knox about something we can all relate to at a time like this: The struggle to find common ground in the face of fundamental differences. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Marras 201647min

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

Lisa Su, AMD CEO, on how she went from engineer to the corner office. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show, check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Marras 201621min

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

Alexis Ohanian, co-founder of Reddit, on how he got where he is and what makes him tick. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show (which debuts the week of 11/14), check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Marras 201625min

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