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Roy Bahat, Head of Bloomberg Beta, joins Justin Blake, Executive Director of the Edelman Trust Institute to talk about why he thinks employers are the most trusted institution, based on data from the 2024 Edelman Trust Barometer Special Report: Trust at Work, and how workplaces can responsibly integrate AI. “If we want an accelerated pace … Continue reading "Bloomberg Beta's Roy Bahat on Responsible AI in the Workplace "
Amjad Masad is the co-founder and CEO of Replit, an online platform designed for collaborative coding in multiple programming languages. Replit boasts over 30m users, has secured $200M in venture funding, and was recently valued at $1.2B. Before Replit, Amjad was a Software Engineer at Facebook, and a Founding Engineer at Codecademy. — In today's episode, we discuss: How AI is reshaping the software landscape Bridging the gap between ideas and software Why YC almost rejected Replit four times Replit's fundraising difficulties, and how Paul Graham helped The secret lever Replit pulled to scale ahead of its competition Replit's impressive distribution engine — Referenced: 7 Powers: https://www.amazon.com/7-Powers-Foundations-Business-Strategy/dp/0998116319/ Codecademy: https://www.codecademy.com/ Hacker News: https://news.ycombinator.com/ I Am a Strange Loop: https://www.amazon.com/Am-Strange-Loop-Douglas-Hofstadter/dp/0465030793 Mythical Man-Month: https://www.amazon.com/Mythical-Man-Month-Software-Engineering-Anniversary/dp/0201835959 On the Naturalness of Software: https://people.inf.ethz.ch/suz/publications/natural.pdf OpenAI: https://openai.com/ Paul Graham: https://twitter.com/paulg Python: https://www.python.org/ Read Write Own: https://www.amazon.com/Read-Write-Own-Building-Internet/dp/0593731387/ Replit: https://replit.com/ Roy Bahat: https://www.linkedin.com/in/roybahat/ Sam Altman: https://twitter.com/sama The Innovator's Dilemma: https://www.amazon.com/Innovators-Dilemma-Technologies-Management-Innovation/dp/1633691780/ The Little Schemer: https://www.amazon.com/Little-Schemer-Daniel-P-Friedman/dp/0262560992/ Y Combinator: https://www.ycombinator.com/ — Where to find Amjad Masad: LinkedIn: https://www.linkedin.com/in/amjadmasad Twitter/X: https://twitter.com/amasad — Where to find Todd Jackson: LinkedIn: https://www.linkedin.com/in/toddj0/ Twitter/X: https://twitter.com/tjack — Where to find First Round Capital: Website: https://firstround.com/ First Round Review: https://review.firstround.com/ Twitter: https://twitter.com/firstround YouTube: https://www.youtube.com/@FirstRoundCapital This podcast on all platforms: https://review.firstround.com/podcast — Timestamps: (00:00) Introduction (02:31) Replit's origin story (08:24) Starting Facebook's JavaScript infrastructure team (10:36) Amjad's unique path to entrepreneurship (16:04) How Replit got its early users (17:00) Replit's fundraising difficulties (17:54) Why YC almost rejected Replit four times (20:23) Building Replit's distribution engine (22:08) Drivers of Replit's growth (27:41) What Silicon Valley gets wrong (30:09) Replit's monetization strategy (32:29) Integrating AI into the platform (36:18) The impact of AI on software engineering (39:40) Defining the new “software creator” role (41:43) How to keep up with developments in AI (46:24) Replit's goals for 2024 (48:11) Advice for founders: defy conventional wisdom (51:12) Amjad's 4 favorite books
Join Julia Hobsbawm in discussion with Roy Bahat, head of Bloomberg Beta, the first venture capital firm to invest in AI at work as far back as 2016. In a wide-ranging discussion covering trade unionism, technology and innovation and the philosophy of work including the question: what will the last job be? A Fully Connected production co-hosted with Stefan Stern and edited by Kevin Hirshorn.
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Massive transformation is underway in the way we work and our relationship to work. Many people felt this shift when we left our offices to indefinitely work from home in 2020. The change continues, with exponential technology and AI reshaping how we define work altogether. The United States is also experiencing an economic downturn, with labor shortage being one of the biggest drivers, particularly in low-wage industries where jobs lack basic benefits and livable pay.At the same time, there has been an undeniable resurgence of the organized labor movement in the US. This coalition looks different from past waves in both its composition and approach. This provides an opportunity to re-think some key questions:What does it mean to be a worker? What does it mean to be a leader? And could our relationships to the organizations in which we work and lead advance a more just society?To explore these questions, we're in conversation with Roy Bahat and Liba Rubenstein from Bloomberg Beta - an early-stage venture firm backed by Bloomberg that invests in companies broadly focused on the future of work. They also lead the Aspen Institute's Business Round Table on Organized Labor, an initiative from the Aspen Institute's Economic Opportunities Program and MIT that brings together business and labor leaders to innovate and share learnings on what a thriving workplace with more organized labor might look like.Roy and Liba invite us to rethink how ideas of power and our relationship to work and the workplace could help inform better decision-making and ultimately create prosperity for everyone.Resources:Get Connected: Learn more about joining an upcoming Business Roundtable on Organized Labor by connecting with Liba at liba.rubenstein@aspeninsitute.org. Article: Could organized labor be good for business?Article: How Businesses Should (and Shouldn't) Respond to Union OrganizingVideo: Bloomberg's Bahat on Organized Labor in the Tech Industry
Tom chats with head of Bloomberg beta, and noted writer about the future of work, Roy Bahat about his view that the US model of labor relations is broken and must be fixed. See Roy's blog here: https://also.roybahat.com/
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.
From teachers to baristas, warehouse workers to nurses, the media has been filled with stories of strikes, walkouts and union votes. The National Labor Relations Board says that petitions for union representation are up more than 50 per cent from this time last year. What's behind this surge in labor organizing? On this episode, Brian talks to Rebecca Givan, Associate Professor in the School of Management and Labor at Rutgers University. They discuss the relationships between workers and management, how the pandemic exposed the inequities of the labor system, and how a new generation of employees is using technology to advocate for their rights. Then, Brian revisits his conversation with Mary Kay Henry, International President of the 2 million-member Service Employees International Union (SEIU), and Roy Bahat, head of Bloomberg Beta, a venture firm investing in the future of work. For more about Brian Lowery, visit knowwhatyousee.com
This episode finds Maggie Kenefake, Venture Partner with Royal Street Ventures, continuing her series of talks with Roy Bahat, a Partner at Bloomberg Beta. The company, Roy said, is a small firm that invests only for financial return, not as a strategic investor. They're exclusively focused on the future of work and everything relating to modern business.
Work ain't what it used to be—just ask the millions of Americans who are part of the “Great Resignation.” Venture capitalist and head of Bloomberg Beta, Roy Bahat, is looking to shape work for the better, from new forms of labor organizing to remote-friendly tech. What Could Go Right? is produced by The Progress Network and The Podglomerate.
No founder should be all-consumed with work, and that is why Head of Bloomberg Beta Roy Bahat is no longer a founder. This week Roy joins Gina Trapani and Michael Shane to discuss how workplace boundaries are becoming normalized and why providing VC support in a company's irrational phase excites him more than a later, safer bet. He also stresses the importance of language in a large and diverse workforce and questions whether metaphors and analogies are useful or alienating.Links:Roy Bahat on TwitterBloomberg Beta#thisisnotadviceJam.ai‘It's All Just Wild': Tech Start-Ups Reach a New Peak of Froth - Erin Griffith'My company is not my family': Fed up with long hours, many employees have quietly decided to take it easy at work rather than quit their jobs - Aki Ito
Marshall and Saagar's Book's of the Year Bookshop: https://bookshop.org/lists/marshall-and-saagar-s-realignment-2021-books-of-the-year Subscribe to The Realignment's Substack Newsletter: https://therealignment.substack.com/ Roy Bahat, head of Bloomberg Beta, a venture firm investing in the future of work and former co-chair of New America's Shift Commission on Work, Workers, and Technology, joins The Realignment to discuss the challenges facing labor and capital, the future of work, and how the technology can (and can't) redefine questions of representation and ownership.
The Agenda
For this new episode of the Building Bridges podcast, I'm excited to share my interview with Roy Bahat, who as the Head of Bloomberg Beta has been “obsessed with how we make work—the thing we do with more waking hours than any other—better”. He's been an inspiration for me at least since I watched this video in which he speaks about two key drivers for workers: “stability and dignity”.Roy is used to making short, insightful and actionable pieces of content about work, careers, entrepreneurship and personal development. I recommend his series of to-the-point #thisisnotadvice interviews which you can watch on Twitter. They cover a wide range of topics like “Should I mentor someone and, if so, how do I do it?” or “How can I be the type of founders that VCs want to fund?”. But I confess I wanted more time with him. I wanted to hear him in a longer format so he could tell his career story, what it means to be a VC specialised in the future of work and so we'd still have time left to speak about the future of work and how we can prepare for it. I'm so grateful he accepted!As he explains in this podcast, he hadn't planned to become a VC, let alone one who focuses on the future of work! But after doing tons of reading, talked to thousands of people and given the subject a lot of thought, you could say he's become quite the expert. (More exactly, he's reached that level of expertise where you become humble again. It's a bit like Japanese martial arts: when you reach the highest level, you can wear a white belt again like a beginner!) I simply love how he adresses the most simple yet profound questions. Here's how he sums it all up neatly on his LinkedIn profile:I've had a messy, hand-wringy career (in non-profit, professional services, city government, big media, video games, academia, day-zero startup, investing), where I was never hired for any job for which I was qualified (including starting a company, where I guess I sort of co-hired myself and was still unqualified). Only later did I realize the one thread that tied it all together -- making work better.In 2013, Bloomberg L.P. gave me the opportunity to turn my obsession with the future of work into my job when we created Bloomberg Beta. I believe the fastest way to make change is to build extraordinary technology companies (and, these days, machine intelligence companies in particular).We talked about a lot of things, including feminism and why it's important to embrace it. Among the many themes covered were also the skills of the future. How do you make yourself “futureproof” in a fast-changing world? I asked him because in his book Futureproof, NYT journalist Kevin Roose thanks Roy profusely for the inspiring conversations he had with him. (Check out this article I wrote about the book.) Here's Roy's conclusion:How do we prepare? Most of the past thinking about preparation for the future that I learned growing up what “point preparation”—”here's what the world's going to be like: prepare yourself for it” (…) But if you believe that the pace of change is going to be more rapid, then learning is the most essential skill, rapid reinvention… In the tech world, I call this being the CIO of your own life… constantly looking for new tools and trying to integrate them and experiment with them. Another one is setting your own priorities. We don't learn in school that this is a skill. The third one is the scientific method applied to everything around us. If the world is going to keep changing, scientific method is our best way of understanding how.I hope you enjoy listening to this podcast! Do not forget to share it with people who might be interested
In this episode, we're talking with Roy Bahat, head of Bloomberg Beta, an early stage venture firm backed by Bloomberg LP, focused broadly on the future of work. We're going to dive into how COVID has accelerated that future of work and how some of the trends that we're experimenting with today will continue.
The Agenda
What is podcast about? Podcast missing genres. Signal vs Whatsapp. Giving up on privacy. The Star Wars Radio Broadcast. What does it mean to believe in something? All jobs are automated. We are all just finger-pushing talkers. Noah's 2 types of belief theory. Thinking by talking. All this and more from Bloomberg Beta creators Minn Kim and Roy Bahat. Check out #thisisnotadvice for their fine work! --- Send in a voice message: https://anchor.fm/bandcast/message
Venture Unlocked: The playbook for venture capital managers.
Listen now (48 min) | This episode was particularly a fun one to record in that we moved a bit away from our traditional interview format to more of a water-cooler format with Mac Conwell of RareBreed Ventures and Roy Bahat of Bloomberg Beta for a wide-ranging chat about the state of emerging venture capital. Get on the email list at ventureunlocked.substack.com
This year, I sat down with Roy Bahat at CogX, a large global technology conference, that this year was completely virtual. Roy and I used this time to reflect on everything that has happened since the start of the pandemic. What many don't know is that a catalyst for the technology industry's response to the crisis in the early days was a WhatsApp group that Roy and I were a part of. We shared what it was like in those early days, how we got involved and what we need to do now to make sure we build a better world on the other side. This is the first ever live tapping of Out of the Crisis. It was recorded on June 9th, 2020.
This year, I sat down with Roy Bahat at CogX, a large global technology conference, that this year was completely virtual. Roy and I used this time to reflect on everything that has happened since the start of the pandemic. What many don't know is that a catalyst for the technology industry's response to the crisis in the early days was a WhatsApp group that Roy and I were a part of. We shared what it was like in those early days, how we got involved and what we need to do now to make sure we build a better world on the other side. This is the first ever live tapping of Out of the Crisis. It was recorded on June 9th, 2020.
The post E1043: News Roundtable! Bloomberg Beta’s Roy Bahat & Coelius Capital’s Zach Coelius on how tech is helping during the crisis, how startups should approach SMB loans, when VC funding will bounce back, Notion’s $50M raise, Zoom’s security issues, Luckin coffee & more! appeared first on This Week In Startups.
The post E1043: News Roundtable! Bloomberg Beta’s Roy Bahat & Coelius Capital’s Zach Coelius on how tech is helping during the crisis, how startups should approach SMB loans, when VC funding will bounce back, Notion’s $50M raise, Zoom’s security issues, Luckin coffee & more! appeared first on This Week In Startups.
Roy Bahat has seen the future. The future of work. Because he’s head of Bloomberg Beta, the $200M Venture Capital fund based in SF and NYC. Backed by Bloomberg, Beta invests in startups that are changing the future of work. Making it more productive & humane. And it’s working. With 25 roaring portfolio companies such as Slack, MasterClass, and Codecademy. Formerly, Roy was President IGN Entertainment, the leading games maker. In this 20-minute conversation, he reveals how your employees (really) want to work. And how work in the future will look.
www.vchunting.com/roy-bahat - Show notes!
Will Facebook’s new “oversight board” restore trust in the social media giant? Also, venture capitalist Roy Bahat on how AI will transform the future of work. And, how to make oxygen from moon dust. Kenneth Cukier hosts Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.
Will Facebook’s new “oversight board” restore trust in the social media giant? Also, venture capitalist Roy Bahat on how AI will transform the future of work. And, how to make oxygen from moon dust. Kenneth Cukier hosts Please subscribe to The Economist for full access to print, digital and audio editions:www.economist.com/radiooffer See acast.com/privacy for privacy and opt-out information.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Roy Bahat is the Head of Bloomberg Beta, one of the leading early-stage funds in the valley and NYC with a portfolio that includes the likes of Flexport, Kobalt, Textio, Rigetti Computing and more incredible companies. Prior to Bloomberg Beta, Roy was the Co-Founder & Chairman @ Ouya, the company that created a new kind of games console and raised over $33m from the likes of Kleiner, Alibaba and even $8.6m on Kickstarter. Before the world of startups, Roy held numerous incredible and fascinating roles including Director of International Strategy at New York's bid for the 2012 Olympic Games and also was a Senior Policy Director in the Office of the May of New York City. In Today’s Episode You Will Learn: 1.) How Roy made his way from policy director for Mike Bloomberg to entering the world of venture and leading Bloomberg Beta? 2.) What is the big news when it comes to Bloomberg Beta? Roy has previously said, "your fund size is your strategy", what did he mean by this? What does that mean for BB moving forward? How has Bill seen what founders want from their VC change over the last 6 years? How is being "founder-friendly" vs the founder being your "customer" different? 3.) Investment Decision-Making: Does Roy believe that speed is the biggest determinant in winning deals today? What else does Roy believe is crucial? What have been some of Roy's biggest lessons in how to build trust early with founders? How does Roy and BB approach investment decision-making on initial investment? How does this change when it comes to reserve allocation decisions? 4.) Price sensitivity: Roy has said before that, "price is the dependent variable", what does he mean by this? Why is it wrong to assume that the price a VC is willing to pay shows their level of belief in your company? How does fund size change this? How does Roy think about large multi-stage funds playing at seed? How has it impacted seed? 5.) Boards: Why does Roy call boards "b-o-r-e-d-s"? When does Roy think it is important to instil a board? Why is it dangerous to have a board too early in the life of a company? What have been some of Roy's biggest lessons from sitting on a board with Alfred Lin @ Sequoia? Items Mentioned In Today’s Show: Roy's Fave Book: Ain't No Makin' It: Aspirations and Attainment in a Low-Income Neighborhood Roy’s Most Recent Investment: States Title As always you can follow Harry, The Twenty Minute VC and Roy on Twitter here!
My guest today is Roy Bahat who is the head of Bloomberg Beta, an investment firm with over 150 million dollars under management. He invests in the future of work with a focus on machine intelligence and automation. Fast Company magazine named Roy one of the Most Creative People in Business. Before heading up Bloomberg Beta, Roy served as the president of IGN Entertainment, the leading Video Games' media company. There he was known for unorthodox but very effective hiring strategy. Roy is also on the faculty at U.C. Berkeley, where he teaches about media at the Haas School of Business. He's a graduate of Harvard and was also a Rhodes Scholar at Oxford University.I had a great time chatting with Roy today. He is the leading expert on the future of work. In our conversation we talk about how he choses a startup team, the principals he uses to run Bloomberg Beta, the future of media, and more. Below are all the show notes with associated timestamps:Bloomberg Beta background (min. 02:45)Finding companies with potential (min. 03:45)Data vs. gut feeling (min. 06:30)Successful startup team makeup (min. 12:00)Lessons learned over the years at Bloomberg (min. 15:30)Trends of the future (min. 22:30)Future of work (min. 25:00)Artificial Intelligence (min. 28:00)Separating the signal from the noise (min. 33:45)De-emphasizing the resume (min. 35:00)Future of formal education (min. 39:00)Advice for next generation (min. 41:30)Projects working on now (min. 43:45)Make sure to subscribe so you don't miss an episode I've also started a monthly newsletter where I send out a few useful or insightful things that have helped me over the last month. You can sign up by clicking here or going to:https://www.professionalsplaybook.com/newsletter Instagram-- @justinfighterpilotFacebook--@justinfighterpilotIf you got value from this episode, please give the show a review. Thanks!
The post E981: Roy Bahat, Head of Bloomberg Beta, shares the myths of venture capital, the great value of founders turned investors, why VCs reject startups, searing insights on fundraising & valuations, and predictions on the future of enterprise, AI, work & automation @ LAUNCH Accelerator appeared first on This Week In Startups.
The post E981: Roy Bahat, Head of Bloomberg Beta, shares the myths of venture capital, the great value of founders turned investors, why VCs reject startups, searing insights on fundraising & valuations, and predictions on the future of enterprise, AI, work & automation @ LAUNCH Accelerator appeared first on This Week In Startups.
Roy Bahat, Head of Bloomberg Beta, discusses the future of employment and why a universal basic income could spur innovation. He also discusses the mental leaps it requires to wrap our minds around the basic income, and what we can do to help others to make those leaps. This episode originally aired January, 2017.
Roy Bahat talks about the meaning of work and how that can change with advances in technology. Melissa Campbell from Campaign for a Commercial-Free Childhood describes the impact advertisements have on children and ways to eliminate marketing from a child's environment. Tom Mole from the University of Edinburgh goes into the life of books and the value of tangible reading. Madeline Levine gives advice for parents to let kids do things themselves and avoid "snowplowing" paths for their children.
Roy Bahat was worried. His company invests in new technology like AI to make businesses more efficient -- but, he wondered, what was AI doing to the people whose jobs might change, go away or become less fulfilling? The question sent him on a two-year research odyssey to discover what motivates people, and why we work. In this conversation with curator Bryn Freedman, he shares what he learned, including some surprising insights that will shape the conversation about the future of our jobs. Hosted on Acast. See acast.com/privacy for more information.
Roy Bahat was worried. His company invests in new technology like AI to make businesses more efficient -- but, he wondered, what was AI doing to the people whose jobs might change, go away or become less fulfilling? The question sent him on a two-year research odyssey to discover what motivates people, and why we work. In this conversation with curator Bryn Freedman, he shares what he learned, including some surprising insights that will shape the conversation about the future of our jobs.
Roy Bahat estava preocupado. A empresa dele investe em novas tecnologias, como IA, para tornar as empresas mais eficientes. Mas ele se perguntava: "O que a IA estava fazendo com as pessoas cujos empregos poderiam mudar, desaparecer ou se tornar menos gratificantes?" A pergunta o levou a uma odisseia de pesquisa de dois anos para descobrir o que motiva as pessoas e por que trabalhamos. Nesta conversa com a curadora Bryn Freedman, ele compartilha o que aprendeu, incluindo algumas ideias surpreendentes que moldarão a conversa sobre o futuro de nosso emprego.
Roy Bahat war besorgt. Seine Firma investiert in neue Technologien wie KI, um Unternehmen effizienter zu machen -- aber, er fragte sich, was KI mit den Menschen mache, deren Arbeitsplätze sich verändern, verschwinden oder weniger erfüllend sein werden? Diese Frage veranlasste ihn zu einer zweijährigen Forschungs-Odyssee, um zu untersuchen, was die Menschen motiviert und warum wir arbeiten. In diesem Gespräch mit Kuratorin Bryn Freedman teilt er uns mit, was er gelernt hat, dazu einige überraschende Erkenntnisse, die das Gespräch über die Zukunft unserer Arbeitsplätze prägen werden.
로이 바핫(Roy Bahat)에겐 염려되는 문제가 있었습니다. 그의 회사는 보다 효율적인 비즈니스 위해 AI와 같은 신기술에 투자하죠. 하지만 이런 의문이 떠올랐습니다. 사람들은 AI 때문에 직업이 변하고, 실직을 하고, 또 성취감을 덜 느낄 수도 있을 텐데, AI는 사람들에게 어떤 영향을 미치고 있는 걸까? 이 질문은 그로 하여금 무엇이 사람들에게 동기를 부여하는지, 왜 사람들이 일하는지에 대한 답을 찾는 2년의 연구 여정을 떠나게 했습니다. 기자이자 기획가인 브린 프리드먼과의 이 대담에서, 바핫은 이 대담을 가득 채울 놀라운 통찰을 보이며 그가 배운 것들을 공유합니다.
Roy Bahat estaba preocupado. Su empresa invierte en nuevas tecnologías como IA para hacer que los negocios sean más eficientes pero, se preguntó, ¿qué estaba haciendo la IA con las personas cuyos trabajos podrían cambiar, desaparecer o volverse menos satisfactorios? La pregunta lo envió en una odisea de investigación de dos años para descubrir qué motiva a las personas y por qué trabajamos. En esta conversación con la curadora Bryn Freedman nos comparte lo que aprendió, incluidas algunas ideas sorprendentes que darán forma a la conversación sobre el futuro de nuestros trabajos.
Roy Bahat était inquiet. Son entreprise investit dans les nouvelles technologies telles que l'IA afin de rendre les entreprises plus efficaces, mais il s'est demandé ce que l'IA faisait aux gens dont le travail pourrait changer, disparaître ou devenir moins satisfaisant. La question l'a mené à une odyssée de deux ans afin de découvrir ce qui motive les gens et pourquoi nous travaillons. Dans cette conversation avec la curatrice Bryn Freedman, il partage ce qu'il a appris, y compris des idées surprenantes qui vont façonner la conversation au sujet de l'avenir de nos emplois.
Roy Bahat of Bloomberg Beta joins Nick to discuss VCs Ride the Bus, Comeback Cities & Unorthodox Investing. In this episode, we cover: Backstory / Path to Bloomberg Beta Bloomberg Beta has taken a self-described "unorthodox approach"-- Tell us about your approach and why it's unique. I was exploring your page on Github and noticed that you've open sourced the entire operating manual-- why'd you do so and do you think other VCs should do the same? What's worked and what hasn't? You've talked about how you struggled figuring out what you wanted to do for a living. Have you figured it out? So, last year a number of SF-based VCs got on a bus and traveled the Midwest in what they called the Comeback Cities tour. Tell us about the experience and why you and others came to the Midwest to look for opportunities? How did the tour lead to a venture fund? Why do you think it's important to work w/ angels in the Midwest? What surprised you on the trip? Can you talk a bit about machine intelligence and how it's impacting the future of work? How do you see the VC asset class changing over the next few years?
Roy Bahat is one of the founder of Bloomberg Beta. I met Roy through my friend Shivon Zilis who is also a partner at Bloomberg Beta. Shivon was in one of our earlier podcasts on Array talking about AI. Bloomberg Beta is one of my favorite firms to work with and not only because they are also an LP in my fund Array Ventures but because I respect how they have built their firm and constructed their portfolio in a thoughtful way. They are the only firm I know that sends a survey to their companies asking for feedback on what they can do better. Bloomberg Beta was born out of Roy's frustration when he was raising money for his own startup. That's when Roy saw a need to start a fund with transparency, focus on their experience with the founders, and clear thesis on future of work. With so many VC firms being formed in last few years differentiation is important to be able to attract the right entrepreneurs. Let's dive into how Roy thought about building a new VC firm from scratch and how he thinks about the VC industry today with all the changes in recent years. Shruti's twitter: @atShrutiRoy's twitter: @roybahat Bloomberg Operating Manual: https://github.com/Bloomberg-Beta/Manual Array VC: www.array.vc
Roy Bahat, Head of Bloomberg Beta, may spend his days “slinging money around,” as he phrases it, discovering and investing in hot new artificial intelligence (AI) startups, but he devotes much of his free time helping to imagine and plan for the future of work. These aren’t unrelated pursuits—Bahat says that AI gives him the...
Cord-cutting was a theme of the latest Equity episode. We were joined by Bloomberg Beta's Roy Bahat and TechCrunch's Silicon Valley editor Connie Loizos joined the crew this week. We talked about Roku's upcoming IPO and Netflix's earnings. We also talked about the challenges facing on-demand shipping company Shyp, which is closing shop in three markets.
What next for Uber following the departure of the company's CEO Travis Kalanick? A pathogen that causes cystic fibrosis is being used to fight tuberculosis. Also, the head of Bloomberg's venture capital fund Roy Bahat on the complexities of AI replacing jobs See acast.com/privacy for privacy and opt-out information.
What next for Uber following the departure of the company's CEO Travis Kalanick? A pathogen that causes cystic fibrosis is being used to fight tuberculosis. Also, the head of Bloomberg's venture capital fund Roy Bahat on the complexities of AI replacing jobs See acast.com/privacy for privacy and opt-out information.
Roy Bahat, Head of Bloomberg Beta, discusses the future of employment and why a universal basic income could spur innovation. He also discusses the mental leaps it requires to wrap our minds around the basic income, and what we can do to help others to make those leaps.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Roy Bahat is the head of Bloomberg Beta, a new venture fund backed by Bloomberg L.P. Prior to Bloomberg, Roy was chairman of OUYA, a new kind of game console, where he was the first investor. Before that Roy spent five years leading News Corporation’s IGN Entertainment, an online media company with a monthly audience of 70 million people, a top 10 YouTube channel, and the leading website in its category in almost every market globally. Roy served on the board of Revision3 (acquired by Discovery) and was a board observer at Flixster (acquired by Warner Bros). Before joining News Corp., Roy was in the public sector in the office of New York City mayor Michael Bloomberg and at New York’s 2012 Olympic bid. In Today's Episode You Will Learn: 1.) How Roy made his way into the world of VC from working alongside Mayor Michael Bloomberg? 2.) What do all these definitions within AI mean? What does artificial intelligence include? What is machine learning? What is deep learning? 3.) When we talk about AI are we talking pure AI , with the likes of Watson and DeepMind or are we talking consumer centric software with elements of AI? 4.) With data playing such a huge role in the efficiency of AI, do large incumbents like Google and Facebook not have a massive advantage? How can startups get access to datasets? Is AI not fundamentally an acquihire industry? 5.) How important has open source in allowing and encouraging the progression of the machine intelligence ecosystem? What more can be done to further it's growth? 6.) With the rise of machine intelligence, what does the future of work look like? How will we live in a world where 47% of white collar jobs will be replaced by machines and AI? Items Mentioned In Today's Episode: Roy's Fave Book: Watershed Down Roy's Fave Blog or Newsletter: Media ReDefined by Jason Hirschhorn, Asim Azar, the exponential view As always you can follow The Twenty Minute VC, Harry and Roy on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here! The Twenty Minute VC is brought to you by Leesa, the Warby Parker or TOMS shoes of the mattress industry. Lees have done away with the terrible mattress showroom buying experience by creating a luxury premium foam mattress that is order completely online and ships for free to your doorstep. The 10 inch mattress comes in all sizes and is engineered with 3 unique foam layers for a universal, adaptive feel, including 2 inches of memory foam and 2 inches of a really cool latex foam called Avena, design to keep you cool. All Leesa mattresses are 100% US or UK made and for every 10 mattresses they sell, they donate one to a shelter. Go to Leesa.com/VC and enter the promo code VC75 to get $75 off!
This week's PHR comes from the beautiful Bloomberg Beta HQ on the Embarcadero with Roy Bahat (Head of Bloomberg Beta) and Dan Strickland (Operations at Bloomberg Beta). Roy shares his secrets to get to inbox 0, keyboards, we discuss invisible apps, and a preview of what’s to come at Product Hunt. - Keyboardio (http://www.keyboard.io/) - Making keyboards better - Nudgemail (http://www.nudgemail.com/) - The easiest way to send yourself reminders - Zapier + Product Hunt (http://www.producthunt.com/posts/zapier-product-hunt) - Create your own Product Hunt notifications - Jarvis (http://www.producthunt.com/posts/jarvis) - A personal assistant for $100/mo - Digit (http://www.producthunt.com/posts/digit) - SMS bot that monitors your bank account & saves you money - RubCam (http://www.producthunt.com/posts/rubcam) - Minimal iOS camera for taking pictures by rubbing the screen - Frontback (http://www.producthunt.com/posts/frontback) - Tell stories with photos - Checkr (http://www.producthunt.com/posts/checkr) - An API to Do Background Checks - SaviOne (http://www.producthunt.com/posts/savione) - A revolutionary delivery robot for the services industry - Jobr (http://www.producthunt.com/posts/jobr) - Tinder for job hunting - Two Margins (http://www.producthunt.com/posts/two-margins) - Annotate financial documents (ex. SEC filings) w/ the crowd
Wired has declared “the web is dead.” We will look at several technologies and information systems that have died (or are on life support) — pigeon post, the area code — and others that are thriving — mobile applications, cable, World of Warcraft — and try to figure out whether the web is going the way of the dodo. Will our grandchildren know what a URL is? We will connect the web to ideas of location and ask: what is the meaning of place, in the digital age? Slides from this lecture are available at http://www.ischool.berkeley.edu/newsandevents/events/20101027bahat
Venture capitalists, founders, and others in the tech industry are feeling pretty raw these days. Once admired as upstarts fighting the status quo, they now feel under siege, under attack for the negative things their products do without being appreciated for how they improve our lives. Bloomberg Beta head Roy Bahat, a veteran venture capitalist, joins the Big Technology Podcast for a nuanced conversation about what's going with the tech world, how it's innovation may be connected to its problems, and how it should handle the criticism. Support this podcast at — https://redcircle.com/big-technology-podcast/donations Advertising Inquiries: https://redcircle.com/brands