Secrets of Venture Capital: An Insider’s View of Bias, Ethics, Rule Breaking

Secrets of Venture Capital: An Insider’s View of Bias, Ethics, Rule Breaking

Have you ever wondered how venture capitalists in Silicon Valley decide what startups to fund and what ones to skip? I had the opportunity to sit down with one of these “masters of the universe” and explore the secrets of venture capital. Scott Kupor is managing partner at Andreessen Horowitz (AH) – one of the most successful VC firms in the world – and we had a candid and lively discussion about the do’s and don’ts of pitching; lessons from Elon Musk’s entrepreneurial journey; diversity, bias and ethics; future trends; and when it’s OK to move fast and break things.  Scott teaches at Stanford and Berkeley and has a new book out – Secrets of Sand Hill Road – that aims to demystify the VC mindset. The conversation took place in front of a live audience at the Commonwealth Club in Silicon Valley on June 10, 2019.

Listen to the Fresh Dialogues podcast:

Here are some highlights of our conversation (edited for length and clarity):

Re. Women in business, diversity and bias

Alison van Diggelen: Let’s talk about diversity: Julian Guthrie’s new book is just out – called Alpha Girls – it’s about four women who took on the Venture Capital “bad boys” and succeeded, despite the odds. There are some good lessons in there. It’s a very tough place to thrive as a woman. Less than 10% of decision makers in the venture capital world are women.

Scott KuporThe number is about 10 or 12 %, depending how you cut the numbers, and about 2% of the funding going to female founders. It’s a real problem.

There are two types of bias: explicit bias, which clearly the #MeToo Movement exposed in a very horrible way. We have to root that stuff out. We need to shine the light on what was underground for many years. The more challenging problem is implicit bias…Whether I like it or not, I’m implicitly biased by the networks I came from. When I want to hire for a job, it’s more likely I go to people I know from Stanford. What we have to do is reach out to (other) networks. So we proactively send out job recs to MLT a group that works with African Americans who’re trying to get into business and financials; and we also have a Cultural Leadership Fund (at AH). 

It’s a network connectivity problem. It’s going to take time, it’s a deep rooted problem. 

Alison van Diggelen: How many general partners at Andreessen Horowitz are women?

Scott Kupor: 20%. Three out of fifteen are women. That’s only  in the last two years. For the first eight years we did not have any female partners…We changed our criteria and opened up the funnel to have a more diverse talent pool.

Re: Ethics and moving fast and breaking things

Alison van Diggelen: Let’s talk about ethics: lessons learned from Theranos (the blood testing company that imploded). And Facebook: they used to have a mantra: Move fast and break things. They have been cavalier about sharing our personal data. How do you train your entrepreneurs to have ethics front and center?

Scott Kupor: I think there’s a difference between outright fraud – we can’t have behavior like that in this industry – and there is this idea that sometimes you have to push faster than sometimes is comfortable and you do break things sometimes and ask for forgiveness second. I think there are elements of that that are fine in this business. There’s a difference between committing crimes and defrauding people and are you just trying to move the ball quickly? You recognize there’s going to be iteration of products and sometimes you’re going to put stuff out that may not be perfect.

The big difference is: as companies mature it’s a bit of the Elon Musk question (we talked about earlier) – I think different standards of behavior are appropriate depending upon the size and maturity of these companies. Running fast and breaking things – and putting out half baked products – is not as unacceptable in the pure startup world where the scope of the harm potentially is smaller because you’re still dealing with small amounts of customers, but when you get to the scale of a Facebook, you have a different responsibility. Our best bet on our companies is to use our persuasive techniques to make them value these things.  Over time,  your level of responsibility changes, based upon your success. At some point in time you have to act like the navy – not a pirate – once you conquer the ship.

Alison van Diggelen: Are you saying it’s OK to be a pirate in the early stages of a startup?

CWCluScott Kupor w Alison van DiggelenScott Kupor: It depends on what pirate means (audience laughter).

Fraud and misleading people is clearly not right. But the idea that you might enter into a market where you’re not exactly sure what the product should look like, you might have a theory on what your regulatory structure is, but you’re not 100% sure.

I’ll give you a great example: we’re investors in Airbnb and Lyft. These companies probably couldn’t have been successful if they’d asked for permission every time they went into a new market. You could argue that was unethical: They should’ve got permission first. The reality is, they said: we’re going to go into a new market, we believe we have a defensible theory that why what we’re doing is appropriate from a regulatory perspective, but we also know we’re likely to get challenged on that. But over time, if a consumer utility is big enough, there is a way to deal with these issues. So that’s my definition of a pirate: I think that’s reasonable acceptable behavior. Fraud and misleading people is not acceptable behavior.

We also discuss:

The do’s and don’ts of pitching Venture Capitalists @29:00 in the Commonwealth Club podcast

Lessons from Elon Musk’s entrepreneurship @20:00

Chinese investments, IP theft @40:00

Future trends in the economy; crowdfunding, competition in venture capital @58:00

Women in business, diversity and bias @48:00

Ethics, Theranos @54:00

Find out:

More about the VC Mindset from my interviews with Steve Jurvetson

More insights on Entrepreneurship at Fresh Dialogues

 

Influential Women, Men Speak Out on Guns: Amal Clooney, Emma Gonzales, Kelly McEvers, Rick Steves

Influential Women, Men Speak Out on Guns: Amal Clooney, Emma Gonzales, Kelly McEvers, Rick Steves

Amal Clooney, Emma Gonzales, Rick Steves. These are just a few of the influential people who’re standing up to gun violence since the Florida high school massacre on February 14th. Amal Clooney addressed an audience of 6500 women at the Watermark Conference for Women in Silicon Valley just a few days after the mass shooting. Here’s what she said about outspoken high school students, like Emma Gonzalez:

“I’m just blown away by these students. They’re doing an amazing job at turning a tragedy into advocacy. I’m in awe of how courageous they are and how effective they are…To stand face to face with the President, a Senator, the NRA and ask tough questions. They are determined for change to come and they are our best hope. I’ve heard theories about violence in films, mental health issues…but these exist in other countries and this is the only country where this kind of problem exists. The difference is guns!”

Amal Clooney, Human Rights Lawyer, Co-founder Clooney Foundation for Justice

This week’s Fresh Dialogues podcast brings together my recent interviews on this topic from the BBC, the Commonwealth Club and the Watermark Conference for Women. It seeks to answer the following questions:

  1. Who is Emma Gonzalez and why could she represent a turning point in gun control?
  2. Why does Amal Clooney care about gun violence and what’s she doing?
  3. What can you do? Travel guru and businessman Rick Steves has one powerful idea.

Listen to the Fresh Dialogues podcast here or play it below:

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1. Who is Emma Gonzalez and why could she represent a turning point in gun control?

Emma Gonzales was one of the dozens of students and teachers at Marjory Stoneman Douglas High School in Florida who survived the massacre of 17 of their friends on February 14th. While most of us would have been terrorized and cowed by the horrific gun violence, just three days later, Emma Gonzales took to the podium at a Florida rally, where she directed her anger at President Trump and other politicians for accepting donations from the National Rifle Association. If you haven’t yet watched her passionate and articulate speech, I recommend you watch right now. She’s got over 1 million followers on Twitter and is using that as a platform to share information about the upcoming March for Our Lives on March 24th. 

Emma Gonzalez: “Every single person up here today, all these people should be home grieving. But instead we are up here standing together because if all our government and President can do is send thoughts and prayers, then it’s time for victims to be the change that we need to see…They say that tougher gun laws do not decrease gun violence. We call BS!”

Amal Clooney interviewed by NPR's Kelly McEvers, Conference for Women SV Feb 2018

2. Why does Amal Clooney care about gun violence and what’s she doing?

Amal Clooney was a keynote speaker at the Watermark Conference for Women on February 23rd. She was interviewed onstage by NPR’s Kelly McEvers, who asked her why she and George Clooney just committed $500,000 to the #NeverAgain movement to end gun violence. Here’s what she said:

Amal Clooney: “I’m just blown away by these students. They’re doing an amazing job at turning a tragedy into advocacy. I’m in awe of how courageous they are and how effective they are…at 16 years old… To stand face to face with the President, a Senator, the NRA and ask tough questions. They are determined for change to come and they are our best hope. As someone who didn’t grow up in the US, I’ve always thought of it as this great country providing an example to others. The idea that children are scared to go to school, that bullet proof backpacks are sold out, and they have to go through live shooter drills and the solution now is to start arming teachers!”

“I’ve heard theories about violence in films, mental health issues…but these exist in other countries and this is the only country where this kind of problem exists. The difference is guns!” (applause)

She added that her children are very likely to go to school here in the United States and so that’s why this is very personal for her. One day the wee Clooneys’ lives may depend on real change happening and a reduction in the proliferation of guns in this country. 

I asked Kelly McEvers  – from her front row perspective as NPR host – why these Florida teens are making such a big impact. Here’s what she said:

Kelly McEvers: “This time something has snapped…Instagram is the difference (and Twitter). They’re trolling the trolls as no one has ever done…We in the mainstream media are listening, because these kids, they get a survivor’s pass – they sheltered in a cupboard for four hours…People are desperate for something to happen. For a long time elected officials have been able to take money from people…No one’s tried to call them on it. And now they are. So, are businesses going to rethink who they do business with? Are politicians going to rethink who they take money from? That’s the bigger thing that could come out of this. Not just policy.”

NPR's Kelly McEvers interviewed by Alison van Diggelen Watermark Conf for Women Feb 2018

Kelly hosts an NPR podcast called Embedded and says she’d like to be embedded with the young students like Emma Gonzalez to watch this new movement taking root.

 

3. What can you do? Travel guru and businessman Rick Steves has one powerful idea

On February 17th, a few hours after Gonzales addressed the nation, I interviewed America’s beloved travel guru and PBS personality, Rick Steves at the Commonwealth Club of California. He leads a multi-million dollar travel business and yet he was willing to risk alienating some of his fans (and impacting his business) by speaking freely and forcefully against the NRA. Here’s a link to the full interview podcast. Listen @58:42 when I ask him about Europe’s sensible gun laws and Emma Gonzales’s speech.

Rick Steves:  “I would like us to have Europe’s standards when it comes to guns…The American people need to step up and vote….We need to do more than thoughts and prayers…we’ve got to un-elect people who get money from the NRA and elect people who proudly don’t.”

Dick’s Sporting Goods was one of the first companies to take a stand against the NRA. The CEO comments echo what Rick Steves told me:

“We need to do more than thoughts and prayers…we’ve got to un-elect people who get money from the NRA.”

Rick Steves mulls a hard question from Alison van Diggelen, Commonwealth Club Feb 17 2018

The Commonwealth Club podcast was downloaded over 5000 times within the first day of posting.

I discussed all this live on the BBC World Service on Monday. The BBC’s Fergus Nicoll asked me to share highlights of my Rick Steves interview in the context of America’s upcoming midterm elections. You can listen to the full discussion at the BBC World Service, starting at 12:58 in the podcast.

 

Tech Jobs Tour Hits San Francisco: BBC Report

Tech Jobs Tour Hits San Francisco: BBC Report

It’s estimated that there are over half a million tech job openings in the United States. A new initiative, the Tech Jobs Tour aims to connect “non-traditional” talent with tech job opportunities. It targets women, people of color, LGBTQs, veterans and disabled workers. Alison van Diggelen attended the San Francisco stop, on assignment for the BBC World Service.

Photo caption: Michelle Skoor, Director of Programs, Lesbians Who Tech and Kirsten Lundgren, Director of Tech Talent at the Kapor Center for Social Impact check in participants at the Tech Jobs Tour stop in San Francisco

This is a crisis. There are so many open jobs. We have to come together as a country and solve this problem. We’re bringing people together…making connections to the Googles and Amazons of the world,” Leanne Pittsford, Founder Lesbians Who Tech

 

Let’s make it so people can really build their own creative confidences, so that we can field the whole American team, the whole world team,” Megan Smith, former CTO for the Obama Administration

The report aired August 29th on the BBC World Service program, Click

Listen to the BBC podcast at 21:00

Or to the segment below, which includes bonus material that didn’t make the final BBC cut: a provocative rap by cyber security student, Chris Brooks (starts @6:00).

 

Here’s a transcript of the segment and a longer version my report (including highlights from Chris Brooks’s rap):

BBC Click Host, Gareth Mitchell: There are half a million vacancies in technology in the United States, so lots of people re-skilling. To help that along is a Tech Jobs Tour. It’s part road show, part boot camp, part job center. Alison van Diggelen was taking part in one recently. The tour rolled into San Francisco…

[Event atmos fade in…]

On stage: Service designer, front end designer, UX designer, full stack developer…

Alison van Diggelen: This is the Tech Jobs Tour. Stop number 8 on a 50 city tour of the US. Its aim: to connect “non-traditional” talent with tech job opportunities. This national initiative target women, people of color, LGBTQs, veterans and disabled workers.

Chris Brooks is here with his brother Dontay. They’re doing a 6-month coding bootcamp at the Stride Center in Oakland. Their dream jobs? Cyber security…

Dontay: We saw the opportunity for school and we just ran with it. We seen this conference right here and it looked exciting. We want to network, get our names out there. You gotta show up to do anything!

Alison van Diggelen: Do you feel through tech you can make your life better?

Chris Brooks: Taking advantage of any opportunity, any avenue we can go down…Really, I’m just trying to get my foot in the door…

Alison van Diggelen: The brothers are part of an eclectic group of aspiring techies who queued up around the block for this rare chance to meet some tech movers and shakers. I spoke with an Air Force vet, ex-entertainers, burned-out math teachers, fashionistas and an unemployed retails workers.

Megan Smith, former CTO of President Obama’s White House is one of the keynote speakers tonight and a powerful advocate for diversity…

Megan Smith: It’s like a career fair meets kind of a revival…All around are people from this community desperate for talent. 2000 people signed up tonight…people are coming out, they want to understand. The businesses need this talent. Really, it’s an ecosystem lift.

Alison van Diggelen: The evening features onstage Q&A with diverse speakers, face time with reps from major tech companies via “speed mentoring” and lots of networking opportunities. Tech Jobs Tour founder, Leanne Pittsford, paints their mission in stark terms, describing the half a million unfilled tech jobs…

Leanne Pittsford: There’s talent everywhere. This is a crisis. There are so many open jobs. We have to come together as a country and solve this problem. We’re bringing people together…making connections to the Googles and Amazons of the world.

Megan Smith extends that message globally.

Megan Smith: Let’s make it so people can really build their own creative confidences, so that we can field the whole American team, the whole world team. People would opt in with the passion of what they want to solve…

Alison van Diggelen: Be that social justice, the environmental crisis, poverty, etc…As well as tech hubs like Silicon Valley, the Tech Jobs Tour is stopping at a regions hardest hit by tech disruption and job off-shoring including Tennessee, Kentucky, and Wisconsin.

Leanne Pittsford: We really need investment in the middle of the country in places that typically don’t get funding from Silicon Valley.

Pittsford is also a women’s rights activist and founder of Lesbians Who Tech, an advocacy group.

Leanne Pittsford: We believe in intentional inclusion…there’s no way to remove bias. We’re programmed to hire people like us…that feels less risky. We believe in quotas, setting goals: all of our speakers…50% women, 50% people of color. We urge companies to set the same type of quotas…goals.

Stride Center instructor, Willie Lockett at Tech Jobs Tour, SF. Photo by Alison van Diggelen, Fresh Dialogues

Photo caption: Stride Center instructor, Willie Lockett brought his class to the Tech Jobs Tour in SF. Photo by Alison van Diggelen, Fresh Dialogues

Alison van Diggelen: Pittsford says that about 60% of new technical people are getting their education* from short online courses and coding boot camps…a more affordable path for what she calls “non-traditional” talent. *It’s a trend highlighted this week by Hari Sreenivasan on the PBS Newshour

I chat with Audrey Zwibelman, one victim of tech disruption. A former apparel merchandiser at Macy’s, Gap and Levi’s. She’s doing what she describes as a mid-career pivot.

Audrey Zwibelman: My job moved to NY. It’s an industry that’s kind of dead or dying. The customer is shopping in a different way…

She’s bullish about training and job opportunities both here in Silicon Valley and across the world.

Audrey Zwibelman: No matter where you live, you can find those resources online. The remote accessibility that everyone has to be part of a company, means that people can work wherever they are. I think the opportunities are kinda limitless.

Leanne Pittsford sums up her goal for the Tech Jobs Tour…

Leanne Pittsford: Helping American innovation thrive… changing the face of tech and helping American innovation thrive. Diversity is better for your products, your team, and your bottom line. It affects all of us as an industry and as a country.

We have a community here today that is working really hard to change the landscape…trying to build a strong pipeline that represents the diversity of America…so if you’re hiring…

Alison van Diggelen: As yet, the model is unproven, but the team is traveling in hope.

Bonus Material

Here are highlights from Chris Brooks’s rap:

Chris Brooks: Climbing up a mountain

Young brother how come

Everybody’s dying by these guns?

I keep walking without one

Not trying to kill my brother

I’m trying to kill an album

Sell my story

Cos a good income’s a good outcome

Coming in due time

Millennials’ new minds

They tell them you look here

I tell you, you’re too blind

Just take a look around

My brother you’ll soon find

That the world is yours

Don’t let the hesitation haunt you…

Chris Brooks and Dontay Rappers, photo by Alison van Diggelen, Fresh Dialogues

Photo caption: Chris Brooks and his brother Dontay. Both are cyber security students at the Stride Center in Oakland.

 

 

 

 

Whole Foods Chief, John Mackey: Amazon, Environmental Insights

Whole Foods Chief, John Mackey: Amazon, Environmental Insights

Why did John Mackey, the CEO of Whole Foods make such an unexpected and rapid deal with Amazon this month? Alison van Diggelen’s recent conversation with Mackey reveals a glimpse inside the head of this provocative and feisty leader.

Days after my interview with John Mackey at the Commonwealth Club on May 1st, he began a courtship with Amazon that led to an agreed acquisition of Whole Foods by the global commerce giant. The courtship is something Mackey describes as “truly love at first sight.” Our conversation took place as news circulated of a potential bid by Albertsons grocery chain and reveals some of the motivations behind Mackey running so fast into the arms of Amazon.

During our tumultuous conversation – we were interrupted several times by angry PETA protesters – we also discuss his book “The Whole Foods Diet”; how a PETA member helped change his views on animal products; and what he thinks is the most environmentally conscious single act we should all do.

“How many of you are parents out there? So what wouldn’t you do for your children? You’d do almost anything wouldn’t you? That’s how I feel about Whole Foods….it’s my child, I love it. I’ve given almost 40 years of my life to nurture and develop it. There’s almost nothing I’d not do to protect it, to help it to flourish.” John Mackey, CEO of Whole Foods 

Listen to the podcast: (this segment starts @55:45)

Here’s a transcript of our conversation, edited for length and clarity:

Alison van Diggelen: As a public company, how can you balance long term goals such as healthy eating with short term goals like maximizing profits for this quarter?

John Mackey: Whole Foods now has shareholder activists who want to force us to sell the company. The very short term profit mentality has entered into our shareholder base. Whole Foods has always had this purposeful long term perspective. We’re now faced with the biggest challenge in the history of our company. Can we stay independent to fulfill our mission or are we going to be sold out to the highest bidder for short term gains? Stay tuned…

Alison van Diggelen: Is Whole Foods something that you are personally attached to forever? Do you anticipate on your deathbed you’ll still be CEO of Whole Foods?

John Mackey: I hope not. I’ll be dead pretty soon. (laughter)

Alison van Diggelen: Do you have a retirement plan in place?

John Mackey: I’m moving to Florida… No! I haven’t taken any compensation at all from the company for 10 years. I’m doing it because I just love it. It’s the purpose of my life. I’m a servant leader. I’m just trying to serve Whole Foods and help it to prosper.

How many of you are parents out there? So what wouldn’t you do for your children? You’d do almost anything wouldn’t you? That’s how I feel about Whole Foods….it’s my child, I love it. I’ve given almost 40 years of my life to nurture and develop it. There’s almost nothing I’d not do to protect it, to help it to flourish. However, there comes a time when daddy has to leave and that time is not yet, I hope…

Alison van Diggelen: So you’re going to hang on to it till…

John Mackey: I’m not hanging on to it…If it’s appropriate, what my heart calls me to do, I’ll continue to lead it. There will come a time when it’s not appropriate any longer and I believe I’ll have the wisdom and the grace to recognize it and I’ll leave. But I don’t think that time is right now.

Continue listening to the podcast to discover Mackey’s tips for entrepreneurs, how Whole Foods was almost destroyed by a flood; and his challenge to Nobel Prize winning economist, Milton Friedman.

Other highlights:

On environmentalism (@55:00 in the podcast) :

If people think of themselves as environmentalists, that would entail completely eliminating the consumption of animal foods. That’s the most environmentally conscious single act you could do.

On how Mackey reconciles libertarian stance with government action on climate change (@57:00 in the podcast)

We need government regulations. The government is the umpire that sets certain standards to make sure that we have a good society. I’m not an anarchist…I believe in government that’s well defined and stays within its appropriate boundaries. Certainly setting environmental standards is a very important function of good and responsible government. It’s always a matter of what standards, to what degree.

Alison van Diggelen: Do feel part of the role of the president is to advocate for action on climate change?

John Mackey: When I go out in public that there are really four topics I try to not to talk about: politics, religion, sex or GMOs. You’re guaranteed to make people angry. I can’t afford any more protesters wherever I go.

Find out more

NPR’s How Will Things Change For Shoppers After Amazon Buys Whole Foods?

Love at first sight – Analysis by Fortune

BBC Report: Silicon Valley Protests Trump Presidency

BBC Report: Silicon Valley Protests Trump Presidency

By Alison van Diggelen, host of Fresh Dialogues

It’s day four of the Donald Trump presidency and he’s already infuriated women’s rights campaigners, the environmental movement and free trade advocates by signing controversial executive orders. Tech mastermind, Steven Levy put it best in his latest tech report: God help us all.

Millions around the world took to the streets within hours of Trump’s inauguration, in anticipation of these actions and more to come. The San Jose Women’s March took place here in Silicon Valley on Saturday, and in my twenty years in the South Bay, I’ve never witnessed such an outpouring of alarm, dismay and rage. One 70-year old educator I interviewed said that this was the first time in her life, she’s ever felt the need to stand up and take to the streets: not for women’s rights, not for civil rights, but to protest Trump’s presidency. And she was fired up. Today, my report aired on the BBC World Service.

One protester had this message for Silicon Valley tech leaders:

“Lead with faith, lead with truth, and lead with a kind of human dignity that is absent in a lot of our daily conversations…They gotta get rid of the fake news, people are being led down a kind of primrose path, thinking that by being angry and violent they’re going to create a better world for the future…that’s not the path, the truth, the reality that everyone can see here today,” Patrick Adams, science teacher at Bellarmine College Preparatory School in San Jose 

Listen to my report and the discussion at the BBC World Service (from 2:40 in the podcast)

Gareth Mitchell: The President Elect became President on Friday….the crowds were back on the streets on Saturday, this time in protest at the new administration.  The marches around the world were led by women, but in Silicon Valley, the tech people, male and female were venting their concerns too, along with scientists, and entrepreneurs, all of them worried by Trump’s stance on trade, innovation, science and the climate. It comes in an era of disquiet about Facebook and fake news, of post truth and cyber threats. To gauge the sentiment, our reporter in Silicon Valley, Alison van Diggelen, was at one of the marches.

Alison van Diggelen: I’m here at the San Jose Women’s March in the center of Silicon Valley and the women are out in force…

Words Matter Trump Protest Photo by Alison van Diggelen

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Yogacharya O’Brian (reading her poem, “Forward Women”): Not to the back of the line, because Delores walked in front; not to be held down, not even by gravity because Sally soared in space.

Alison: That was Yogacharya O’Brian, founder of the Center for Spiritual Enlightenment and one of the rally’s powerful speakers.

Alison van Diggelen: Silicon Valley took to the streets in record numbers on Saturday to protest the country’s new president. Donald Trump’s proposed tax cuts and infrastructure investment could benefit the tech community; the U.S. economy and many of those marching in Silicon Valley. As could his plans to repatriate millions of dollars of tech companies’ overseas profits. Last month Trump even hosted a cordial summit with some top tech leaders. Despite all this, many in this community are fearful of what his presidency might mean for innovation, transparency, multiculturalism, and social progress.

Nick Shackleford: I’m here because of Trump’s election…he is bringing America back in time instead of leading us forward. As a nation we need to go forward and not backwards.

Alison van Diggelen: Here in the world tech center of innovation, what do you expect from this community of innovators?

Nick Shackleford: Like you said, we are innovators and I think we’re going to continue to innovate and lead the country – and sometimes the world – in the innovations that are being developed here in the Silicon Valley. And we have a lot of millionaires and billionaires who are liberal, believe in the cause and are true Californians and they will continue their fight, be it with their money, and their power or just lending their voice to causes that are important to our nation.

Alison van Diggelen: What would you say to Mark Zuckerberg and people like him with power?

Nick Shackleford: I think Mark Zuckerberg did not to enough to stop the fake news. I think he cared more about (getting it re-shared and) his personal stake in his company…and he can’t convince me otherwise. He’s to blame for a lot of the fake media.

Alison van Diggelen: What would you have him do?

Love your mother Trump Protest photo by Alison van Diggelen

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Nick Shackleford: I’ve reported about 100 things in the last six months and nothing has been in violation of their policy, but I’ve seen other people get the same picture and be sent to Facebook jail for it. So he’s not consistent, there needs to be more transparency on this fake news fight.

Patrick Adams: They gotta get rid of the fake news, people are being led down a kind of primrose path thinking that by being angry and violent they’re going to create a better world for the future…that’s not the path, the truth, the reality that everyone can see here today.

Alison van Diggelen: Patrick Adams was one of many men who came out to support the women’s march. Like many protesters who couldn’t keep quiet, he was energized by the proliferation of fake news, and Trump’s use of “alternative facts” which continues this week in the heated dispute over his inauguration numbers. Adams had a message for Silicon Valley’s tech leaders….

Patrick Adams: Lead with faith, lead with truth, and lead with a kind of human dignity that is absent in a lot of our daily conversations …Everywhere I go I see wonderful, amazing, beautiful people working together to make this future happen and I also see people who’re giving up…either to escape into an alternate world of the Internet or they want to pretend that this doesn’t affect them. But if affects everyone. Everyone is involved.

Yogacharya O’BrianWe do not wait for you to lead with sons and with daughters in hand, with husbands and with wives, lovers and friends by our side…we march!

Crowd chanting, cheering

[End of report]

Gareth Mitchell: What do you make of the comments you heard there, Bill Thomson?

Bill Thomson: It was fascinating to hear via Alison’s excellent report just how confused people are, and how uncertain they are; and how many different perspectives there are.  For me, as a member of the press, what we need to be doing is reporting effectively on what’s actually happening, not just reporting on an agenda set by politicians…So the limitations on women’s reproductive rights, the Keystone XL pipeline, the Dakota Access pipeline, the Transpacific Trade Partnership, the nomination of the Supreme Court justice, are all far more important than the size of Trump’s inauguration crowd.

There’s a real sense from Alison’s report that many people are confused because they don’t know what’s actually going on  and are trying to project on that. It’s the role of us in the press to cut through that and be much clearer about what’s actually happening and not get dragged into debates or agendas set by other people.

Read more stories about Donald Trump on Fresh Dialogues

 

BBC Report: Silicon Valley Aims To Disrupt Nobels With Breakthrough Prize

BBC Report: Silicon Valley Aims To Disrupt Nobels With Breakthrough Prize

By Alison van Diggelen, host of Fresh Dialogues

The “voice of God” A.K.A. Morgan Freeman came to Silicon Valley this month, with an entourage of stars – including Alicia Keys, Jeremy Irons, Sienna Miller, Dev Patel and Vin Diesel – to add some glitz to the tech community’s “Nobel Prize 2.0.” Silicon Valley is not content to impact our lives through driverless cars, tech gadgets and apps; it wants to change the status of scientists too.

Let’s face it, the Nobel Prize is prestigious but the ceremony itself is rather staid and uninspiring. Just days before this year’s Nobel Prize Ceremony in Stockholm, Silicon Valley hosted its own version, called the “Breakthrough Prize.” They gave huge prizes: $3 Million/each (double that of the Nobel Prize) for math and science breakthroughs that they say will change the world. Organizers hope to inspire a new generation of scientists with two disruptive features: big Junior Challenge prizes ($250,000) for young students in math and science; and the “star power” the celebrities bring to the event. Over 6000 teenagers from around the world were inspired to take part and two young students won this year for their remarkable contributions: Deanna See from Singapore and Antonella Masini from Peru (see below). Now in its fifth year, the prize is funded by Facebook’s Mark Zuckerberg, Google’s Sergey Brin, 23andme’s Anne Wojcicki and DST Global’s Yuri Milner.

I talked with Jeremy Irons, Sal Khan, and Vin Diesel about why the glitz matters; the power of technology to change the world; and if they have a message for President Elect, Donald Trump. Vin Diesel had an interesting take on the issue of fake news (see below). Check back soon for my report on Jeremy Irons and California’s Lieutenant Governor, Gavin Newsom’s advice to Trump.

My tech focused report aired on the BBC World Service’s Click Radio on Tuesday. The podcast is available at BBC Click. Here’s a transcript of the report, edited for length and clarity:

Mark Zuckerberg began by explaining the link between science and tech, as he and movie star Vin Diesel presented one of the prizes.

Vin Diesel, Mark Zuckerberg at Breakthrough Prize 2016Mark Zuckerberg: Engineers and scientists share this basic mindset that you can take any system, understand it better, then make it much much better than it is today. Scientists look at a problem, break it down, break it into smaller problems, solve, test your ideas, learn from the results, and iterate until you find a better solution. That’s why progress in science is so fast… You might even call it Fast and Furious.

Movie star Vin Diesel – well known from the Fast and Furious film series – told me he wants to highlight heroism of scientists, something we often overlook in pop culture.

Vin Diesel: I have great faith in my friend Mark Zuckerberg who so brilliantly created this global forum for all of us to communicate and to share ideas, namely Facebook. It has allowed the potential for great change.

Alison van Diggelen: But it’s also allowed the propagation of fake news?

Vin Diesel: I think the internet has allowed for the propagation of fake news, but no more so than the writers in the 50s…the world war, the end of the world, the martians coming down.* This was before the internet, before FB. This was journalists. As long as journalism has existed there’s always been the temptation for clickbait.

Alison van Diggelen: I think he’s referring here* to the “War of the Worlds” radio drama, based on HG Wells book of the same name, which first aired in 1938.

This year over 6000 high school students from around the world competed for the quarter of a million dollar “Junior Challenge” Award, and two made it to the red carpet in Silicon Valley. Deanna See and Antonella Masini told me they were inspired by Sal Khan, founder of Khan Academy, the free online math and computer science video series.

Deanna See, Antonella Masini Junior Breakthrough Challenge 2016Sal Khan was jubilant on the red carpet:

Sal Khan: This is the third year we’ve been and we look forward to it. It’s the celebration that science has always deserved…and the food is good.

Alison van Diggelen: why does science deserve this big occasion? It’s been compared to the Nobel prize “with glitz” Why is the glitz important?

Sal Khan: The things that these folks have done are going to change civilization …that’s not an overstatement, it’s an understatement. The glitz is the least it deserves. Also it should inspire a whole new generation of folks to realize that it isn’t an unsung profession, it’s something that no only can change the world, but that we all appreciate, which we do.

What are his ambitions for Silicon Valley’s Khan Academy?

Sal Khan: There’s a long way to go. We kind of imagine a world in the next 10-15 years where anyone on the planet should be able to self educate themselves with a smartphone and prove what they know and get a job…But ideally they have access to a classroom that can be used by teachers, administrators to supercharge what goes on…A lot more personalization. And a lot more enjoyment from a student’s point of view.

Alison van Diggelen: After the ceremony, I spoke with Anton Wahlman, a Silicon Valley tech analyst who commented on the awards’ relatively low profile, even here in Silicon Valley.

He’s rather cynical of the Breakthrough Prize and draws parallels with the lavish parties hosted by billionaires in New York’s financial sector and Hollywood’s film industry.

Anton Wahlman: The new very rich entrepreneurs in SV who are worth not just billions, but in some cases tens of billions of dollars. It shouldn’t be all that surprising that they should want to start doing some of the things that these other people in NY and LA have been doing for the better part of the last century: throw really big parties, award prizes to people, have people come up and flatter them and tell them how wonderful they are and how philanthropic they are. They get a reason to dress up in a tux as opposed to walking around in a hoodie and be photographed with people who come in from Hollywood… and to be seen in a different light than their regular nerdish Monday to Friday environment would typically depict.

Check back soon for my report outlining Jeremy Irons and Gavin Newsom’s advice for Donald Trump.