YouSaid · the spoken record

Aaron Levie

lines on the record: 128
first: 2018-07-07
most recent: 2018-07-07
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“And I Is he on now? He better not be now. He should be. Oh, no. He would love it now. He could just respond to every tweet from DT.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“One time I ran into Harrison Ford and tried to explain cloud computing to him. So that was a good moment in my life. It was really a brief conversation. So, kid, it didn't go very far.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“And I said, why not? No, so that was, yeah, I would have loved to move scripts around, but these are just $500 contracts.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I had a friend who worked for one of those, and she would drop off scripts every day to the show. Everyone at the studio, none of which they read. Yeah, totally. And I was like, why don't you just email them? And she was like”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I literally was a paper person. So that's what you do as an intern. So I put documents in filing cabinets. And then fax them out and FedEx them back. And I was like, holy shit, this is crazy. This is script. No, no, no. It was like, it was contracts for I Love Lucy to rural America. And it was like literally the contract would be like $500 for reruns, residuals to I love Lucy. And it was like, I was literally just faxing those back and forth. And so nothing glamorous whatsoever. I think I may have seen Lisa Kudre once as I was driving by in a golf cart. That was like the Hollywood cart.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I could have been filing in movie studios. But we got the idea of Box. I was literally faxing information out. What did you do?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“They probably do, right? Yes. My first internship was at Paramount Pictures. That was where we got the idea for box, or not the first internship, but it could have been.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, there's the law, or like, oh, there's a security check. Yeah, exactly. And then they don't like that. Most people are usually 10 years behind in terms of actually the state of the compliance and regulatory.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Every company, no matter what industry you're in, has to serve customers in a much more digitally driven way. Again, if you're a hospital, how do you provide a much 24 by 7 experience to patients? If you're a life sciences company, how do you learn from what 23andMe is doing and have more precision, precise experiences and personalized medicine? If you're in transportation, we know that's going to be moving to be more on demand, more rental-based, probably less ownership of cars. So every company is going to be digitized. Every industry is going to be digitized. So our job at Box and probably the job largely of the enterprise software space is to provide the tools and provide the sort of weaponry that helps these companies modernize both their workplaces and their business processes. So where we're going to be going is literally that entire spectrum. We want to power how a company works and shares and collaborates and like just like the data that they're able to move through their organization. And we want to be the”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“We might have to wait a couple more years. It's hockey, right? It's going. Yeah, right. Yeah, I mean, I think that it's unfortunately going to sound a little bit similar to what we were talking about a couple advertisement breaks ago. But this idea that business is getting faster.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“And so that Not this government today. We might have to wait a couple more years. All right, last question, Aaron, for you. Yes. Give me, where is the workplace enterprise? You're sort of aiming, what is the puck, whatever the puck example. Yeah, it's hockey, right? It's going. Right. Or whatever. As a business thing, what do you, I'm giving away all your big secrets. What do you think about what do you think your business is in five years? Where enterprise is? Where was the next trend in enterprise?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“And then it ends up being nobody's. I think it's the market's job. And so that's going to be colleges. That's going to be community colleges. That's going to be online education. That's going to be companies doing retraining. And then that's going to be the government hopefully getting ahead of this just a tad so you can tilt. Where do we want K through 12 education to go? Where do we want public schools to be moving toward, et cetera?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I'm not giving New opportunities. I do think that that is. So that doesn't change. It's hard because it's a government's job, is it? It's hard to know whose job it really is. And then it ends up being nobody's. I think it's”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“To me, that's the one that's 100%. And this is where, again, I want to make sure I'm not giving it out for anybody that is not thinking these through. I'm just saying that there's going to be, there will be commensurate, not maybe not commensurate, like quantitatively, but there will be for everything that we make more efficient, there will likely be job growth either in that direct area or in surrounding functions. So what we have to do in Silicon Valley is be way more thoughtful about identifying those areas of growth, making sure that if there are impacted jobs, how do you ensure that more people can discover those new opportunities? I do think that how do you train them? I think that is more of a responsibility for Silicon Valley. I don't think that somehow we should be fully exempt from thinking about that. And so that doesn't change.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“When it first came out, we thought that was going to be. Oh, interesting. Since the moment that the ATM was amended, you're right. Don't take that specific number But I do think Sigma Valley has to have a sense of what they're inventing, especially around transportation. To me, that's the one that's really.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I didn't mean to fall into that. You know what Cascading effect that I think. And it is what it is. My only talking point to that would just be when ATMs first came out. We thought that was going to destroy the bankteller job. And we probably reached peak bank teller in the past couple of years. We hope. I mean, there's a stat that is like 10x more retail branches since the moment that the ATM was invented. Yes, you're right. Don't take that specific number. But banking grew because now it was more accessible for people. So the growth of banks, you know, kind of exploded.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I agree That Let me get back to the different part of the market. People use the truck driver analogy a lot of the time because it's an easy analogy. I didn't mean to fall into that. You know what I'm saying? But here's what I think. I'll go down the negative side, not just truck drivers, mechanics, gas stations, parking lots, shopping malls. Insurance companies. If you don't have a car, you don't buy insurance. all those impact like there's an iteration and a cascading effect that i think people here don't think about and it is what it is right my”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Not even that, like, like, well, sure, but like, also, just think about all of the surrounding industries that grow when you can go make logistics more efficient. I agree. So we have to be thoughtful about the fact that, yes, there might be specific tasks that change that does not necessarily mean entire jobs change. And even when entire jobs change, then what we have to do is find a way to route that labor.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Transportation a tenth of the price could you dramatically increase the number of people that are consuming that service same with healthcare same with consumer products and so it's dramatically inefficient we have we have inefficiency everywhere and so if technology can make a particular job or a particular process more efficient potentially you'll actually hire more people to do that task because now it's not actually you're able to better serve customers to be able to do that yeah and then and then you've got all the indirect ads on on jobs that nobody's really tracking so yes the truck driver that that”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“And I will judge it afterwards. Okay, so at Box, we have a data science team, and their job is to make our business processes more efficient. And they have a process which is to try and identify the leads that are most likely to close so customers, so our sales reps are able to better serve our customers. And they invented a better algorithm that could do that in a much, much better way so we could better sell to our customers. It didn't result in hiring fewer sales reps. It meant that we could actually hire more people because our sales process was more efficient. And so now something that was inefficient previously in some particular area got more efficient, which meant we could actually fund it more because it was now economically a viable way to go and serve that particular customer base. So I think that what we have to remember is that we have not reached the exact perfect symmetry of supply and demand globally. What we've reached is the perfect symmetry of supply and demand with today's level of efficiency. And so if you could make.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Well, because I don't want you to judge me. I don't want you to judge my example. Getting a bad example. What if my example is not good and you're like, well, just fucking example I've ever heard of.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Everything's a talking point. I understand. At a very local example. Why would you say that? I don't want you to judge my example. It's like when you know when someone judges when they give you, they give a, put a fork in front of your face, a taste, it tastes funny. That's what saying, let me give you a betty. Go ahead. What a bad example. What am I examining?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Well, that, I mean, not everything's a talking point. I understand. No, but let me give you a really bad example, a very local example.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“It is. And I think that, again, maybe this is maybe the naive optimism, like hashtag naive optimism of Silicon Valley. In general, when we look at our technology, when we look at Salesforce or Workday or these kind of tools, I think actually what we're seeing is that as companies can be more efficient in particular areas, whether it's collaboration or in HR or in a sales process, it's not that they hire fewer people. It's that their business is able to better serve their customers create with their creative.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Is that just like leverage in the future if you need it? Okay. Oh, I got a lot. Do you print out this podcast later or something?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“There used to be foul cabinets, so the person administering the file cabinet. Yeah, we've probably at least gotten rid of 30 file cabinet jobs.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, 100%. Jobs. The jobs thing, I think that we as an industry, again, perfectly similar to the Cambridge Analytica Facebook thing, way too. Cavalier and lacking empathy on how are people going to perceive as this technology rolls certain industry, are people going to be able to learn how to use it to be competitive in their job? Are they going to be able to be retrained in some area? Now, at the same time, I'd say that we're still very early in that process. And so that the rhetoric probably exceeds the actual job disruption that's actually occurring. And it is coming, which means that it's time to get ahead of it now and start to have these conversations”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I don't know how loved. Yeah, I don't know the love quotient at the moment. Love isn't good. Yeah. Okay. We'll take your word for that. Yeah.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Because of our customer base. So I think the worst case scenario for us is that Silicon Valley gets so far behind on these issues that we just can't be trusted as an industry. And then you start to have, you know, then you have either companies from other countries or you have just completely different approaches and architectures to technology where like we rely on the Fortune 500 trusting Silicon Valley's technology to some extent for our success. And when you see that these tools can be manipulated or they're being used in more harmful ways or regulators are stamping them down, then that I think impacts anybody, whether you're consumer enterprise. So we actually have a extremely strong vested interest in ensuring that Silicon Valley and DC are operating effectively. So I don't know that it'll be box specifically being regulated is the outcome, but we care that we get through this.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Because of the customers we serve, so we serve probably seven of the top ten life sciences companies in the US, many of the leading banks, many of the leading hospitals. We are almost by proxy regulated because we have to, we build software and technology for those regulated customers. So we have a pretty large compliance legal, et cetera, function at box that already is more or less. You have to”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“That That I'm going to go to I had done a podcast in there. I'm going to. I'm going to. That's a really good idea. Thank you. It's a great little town. So what are you worried about in regulation? Because someone who was not with all the focus on Facebook and others, they were like, it's like a contagion here because we didn't do anything. And here we are with, you know, if the Democrats get back in power, the ones I've been interviewing are pretty pissed at Silicon Valley in general.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“That is the focus. So, you know, we know that how to regulate Red Hen, but we don't know why you haven't been there. Why have you done a podcast in there?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Super savvy regulators that are kind of looking at these industries through the lens of like in a world of AI, in a world of machine learning, when a utility is actually no longer an objective utility, but instead making decisions on behalf of their consumers, what news are you going to see in the newsfeed? Which outcome, unfortunately, which person maybe has to be harmed in a self-driving car accident? Those are fundamental decisions, which means you need regulators to actually weigh in on as the society, what are the outcomes that we want, and do we find acceptable? These are the questions that we're so early in not capable.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“They're certainly not running around. Not exactly how you use our product. You know what I mean? Yeah. I mean, I totally agree. I think we're actually probably blocked in most of these countries. But I would say that this is a dilemma that the government faces, which is what should regulation look like as it relates to Silicon Valley. And you have, there's not like a single regulation you could have. There's like, there's like probably like campaign advertising regulations. There's probably like, how should medical devices, you know, use AI in the future? How should our transportation and infrastructure work once we have self-driving cars? So there's probably no wholesale regulation you could apply because of the vast diffuse nature of these companies and the differences of the spaces they occupy. What you need though is probably in every major regulatory body or agency super”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Or Apple or any of them. And so it really does, and it's really hard to break them up. So talk about regulation. How do you look at it? Because you're in a space that probably companies already need assurance, so you're more careful comparatively. Meaning your business people want everything locked down. Yeah. You know what I mean? So you're more, you're not quite as loose with the way you run things.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Massive Am I overlapping? Sam, I overlapping. And so you can't really point to any of them. And I would challenge him to call any of Facebook, you know, Mark, who's your competitor? I don't think he could who?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“In the last part. Well, the challenge is, I don't know where you break up the company. Well, you don't. That's the issue.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“No, I agree. What's interesting, it used to be, if you think about it, you know, we were talking Microsoft earlier, it used to be just Microsoft. There was one boss, like AT&T or Microsoft or Blank. And then they got broken up or they got hit by monopoly and then everything flowered again. If you think about it, so much came out of the Microsoft mass that was good. Not good for Microsoft, but they did just fine, like eventually, but it was a lot more innovation came out of it.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“A lot of money. I think that what's happening is so there's a difference between does Google and Facebook have too much power on the dimension of the dimension of society. I think that is a really interesting conversation. Like, do they control too much?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Cuban was an investor for about 18 months and he got tired of us. I think we were too annoying for him. But I think that I don't tend, fortunately I haven't been asking myself kind of what else would I do, but I think it would be going out into a market.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Who was that? Was that mom again? That was basically mom. It was some neighbors of mom and some local folks in Seattle. So those were the days when you did an angel round.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“You like bringing it back to that. It's an enterprise cloud content management platform. Yeah, that's not what you call it then. What did you call it then? Come on, Bean. Online file storage. Yeah, it was really lame storage. We need that. That's needed. And that's why our evaluation was very low at the beginning. You know that our first...”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“To build into. So it's going to be in healthcare. It's going to be in life sciences. Maybe we'll continue to see some more innovation and education. It's going to be in manufacturing. These are not the markets that sort of Facebook became a $20 billion company in five years within. They're not particularly viral. They don't sort of just spread overnight between people. So I think this is the reality that in the era that we're in right now, which is that the next Airbnb, the next Uber, the next Lyft, the next box, they're going to be not just sort of solving for deficiencies in the existing technology. Industry, they're going to go out and solve very different kinds of problems using technology to enable”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“On a Friday. You're right. It was like a long weekend that it was cool for. And I think that's what happens in so many spaces. So if you're trying to build the next Photosharing app, I mean, you're going to be, it's not going to work. So just sorry to break that news to you. So I think then the question is, okay, so where are the next opportunities for technology companies? And frankly, they're in markets that take a lot longer.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Pinterest was back then. We work as, I think, a little newer, but it depends on kind of how you classify that. I think that it's totally right, and I think in part it's because there's not a lot of opportunity if you're just solving for a slight gap that an incumbent has, the incumbent's just going to kind of mow you over. And so if you're building like a tweak to search engines or a tweak to social networks, it's so easy to be a fast follower if you're a Facebook or you're a Google in a market that you're going to be?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Be able to accomplish what we're trying to do. And so The real library's ask actually, as I just said, a really interesting conversation with someone about how the big companies are dominating everything in the startup culture is really smaller. I was just thinking there hasn't been a snap or an Airbnb or a box or a Dropbox in a long time. There hasn't been, like the last ones that came out were the class of whatever Uber class. Right. Yeah, something. There haven't been that many.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“As offers came. And I think that we've used the same framework really for the past 13 years, which is do we believe that there's a way brighter future ahead of us? Or do we think that as an independent company, or do we think that we need to pair up with somebody bigger to be able to accomplish what we're trying to do? And so far, we've always landed on there's a brighter future ahead of us as an independent company, and we can actually go and take as much of that opportunity as an independent organization without needing to pair up with somebody bigger.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“We thought about it. We definitely kind of went through the entire process to think that through and ask ourselves, what are we really trying to build?”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“Something like that. Here's the deal, we did about 500 million last year. We're on path and guy to do over 600 million this year. We're in a market that is, we think. 30 to 40 to $50 billion of spent every year. So we were so early in this space. So my goal is to make sure that we can capture as much of that as possible. And the company's goal is to make sure we capture as much of that as possible. And so that generally leads us to being and wanting to be independent. Although as a public company that is.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT
“I think that this is where you have to listen to the pulse of the organization and where it's definitely not a space for unilateral decisions. But I think Employees have to be passionate about the company that they work for. And they have to be passionate that the technology that they come into work every day to go build is being used in ways that are aligned to their purpose. Now, the problem is there's not a homogenous purpose within the company, but generally speaking, there's some shared ethics and shared beliefs, recognition, all kinds of how these companies work. So I think if we felt like our technology was being used to either harm other people or make America a worse place for, again, the kinds of employees or communities that we work with, I think we would decline that kind of contract.”
2018-07-07 · Decoder with Nilay Patel · Recode Decode: Box CEO Aaron Levie · IDENTIFIED FROM THE TRANSCRIPT