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CSPAN Future Of Banking And Investing December 1, 2013

To buy japanese cars. I imagine some of your parents may have felt the same way. Today, i think we view toyota as a trusted brand. In fact, there multiple plants across the United States and are a part of our one of our closest allies is japan. But what is fascinating about that analogy is when i was in the cia, we did have to look at forcing japanese to comply with domestic rules and other things. We even rented a toyota, broke it down, got a lawyer to prove this. We broke down the whole car, checked every part, reasonable reassembled it and gave it back so we didnt have to buy it. Toyota began to get into compliance and played by the global rules and now they are trusted partner with us. Can you tell me with the cia was doing to the federal trade commission . [laughter] we had Economic Research in the cia. Very sophisticated. You would know to see the cia parking lot. [la ....

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CSPAN Key Capitol Hill Hearings December 2, 2013

Years that ive learned that there was a process you are supposed to follow. I just went out and keep bugging people until they give you as much dollars as you needed. You have commoditized it for small companies. We get on average a couple of hundred emails a year that say hey, i have got a great idea. How do i get started . That touches on one of the key problems we saw that exist today. If you are out there raising capital, what are you not doing . Youre not talking to your users or your customers. We are not building your product or services. Fundraising becomes a huge process, a huge effort. It is a process. To break it down and make it real for you and give you a sense, while youre barely keeping your head above water as it is, you are also willing to meet with groups such as angel groups or pitchign to vc firms, where you sit in a room and they ask questions and you say thank you very much. You have a little side conversation. You get all of the checks together. If youre lucky, y ....

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