YouSaid · the spoken record

Arthur Samberg

lines on the record: 130
first: 2015-09-26
most recent: 2015-09-26
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

“Cars, cars, and maybe truck cabs. But right now, the emphasis is on cars. And it's truly, you know, so the trick there is to get it to a low enough cost. Right. You can put it in an automobiles. There are many systems today which use hydraulics.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“It down more buggy, more complicated. But you make it native. If you can do it, if you can do it off of the application control layer, it's completely legit and it's very hard to do.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I You know, it's all yours. So, anyway, there's a company up in Boston that has done that, Samsung has incorporated its, uh, It's Tyson Z1 phone, which it introduced in India and the future looks pretty bright. So there are software applications that are interesting because they solve problems.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And you can emulate those things, but when you emulate, you have another microprocessor. It's slow, it's inefficient, it just isn't competitive. If you can do it in what's called native mode using the application control layer, you can... I'm looking to see”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“People won't buy it. So some products have been introduced that are technically wonderful products, but they don't serve as the market as it is configured today. If you were able to”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm watching the wheel spin and watching you try and find. The problem that companies like Hewlett Packard or Samsung or a bunch of them have is that the real money in smartphones and devices these days are in the apps. And there are two app platforms. One, of course, is Apple's, iOS. iOS right iOS and and the other is you know the Android system”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“But their business model and bad exploit. That was. In some ways a value play, but a value play based around superior technology or the bad go-to-market implementation. So we're involved in that. You're doing some really tons of things.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Clear is a biometric screening. Technique at airports, and now they're starting to be in court with the Yankees. started using at the San Francisco at the stadium at the stadium”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“It's usually, well, there's another one that we're involved with, which we did help somebody buy out of bankruptcy, which is clear, which is at the airports. What is...”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Stuff. So we own all the patents. We have 250 patents covering both the way you store it and the media that you need to produce it. Two venture firms poured $100 million into trying to develop this and they were bankrupt and we bought the asset. So you bought support.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Just won't do it because that area has been death to many, many startups. For my family purposes, we can take that risk. It might take a little longer. We can take that risk. So we're trying to solve that problem. We're involved in medical devices and some medical companies. You are on the board.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And also as you get into genomics and other things, we are just spitting out data. So if you could use holographic memories, which would last for 50 years, and down to the right price points at any rate. So we're trying to develop that. That is not an area where you can go out and talk to a venture capitalist and get them to go alongside you”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“It's ancient, but it's on a cost effective basis, it still makes sense. But you really want something that is nearer than tape, which will burn out in five to ten years, can have a longer storage life. I mean, our government goes out and has all these drones that are taking pictures of all kinds of stuff. God knows what. And they can't even, they can't analyze half of it because there's no way to process at all.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“So, you know, hot storage is our disk drives, and to some degree flash memory. And cold storage are tapes, which are, you know, they just run sequentially. It's not random access.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“approach to solve that issue and we're involved in both and and what you really need is you need vast amounts of data on warm what's called warm storage storage one is what is one”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't know if it's a problem or what, but we bought up all the patents from AT&T in holographics. So yeah, storage, you know, data storage is growing 40% a year and will continue to grow at those kind of absurd rates for quite some time. And so I'm involved in some flash memory companies. I'm involved in some new algorithms to To try and make servers much more efficient, and I don't want to name names.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'd rather spend my time figuring out how to solve the problem rather than debate the issue. I don't want to debate it either. I just say park.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“There's no doubt. I mean, you know, I don't even want to get involved in the climate debate. I am on it is carbon human generated or is it when”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Have had various. That could be true. I come at it just from a pure, you know, how can I solve? How can I help solve the world's problem?”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I want to sell it that process outside not because I have anything against them, it's just that it's absurd that we're burning fossil fuels.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Energy is really interesting. It is my belief that in 30 years all the oil producing countries in the world will be bankrupt. Meaningless.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“So I had a bunch of friends and two of them had routes. The one key guy who I bought a route with ended up being a sheet metal worker, he took a 50 paper route which we split in half, 25, 25, and he got it up to 100 customers. Mine dwindled down to 10. Because I would sit on the curb and read the newspaper first. And he just took the papers and delivered them. The best part.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And I'm 11 and I have a gas can. They should have let the grass grow and give it to me. I mean, I was the adult with little kids. I needed it.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I had a bunch of sector funds, as I mentioned, but they were in telecom, they were in technology, they were in healthcare, small cap investing. The one exception was early on was in energy. Because I went, you know, if you lived in the 70s, you went through the oil embargo.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“None of these are open assters. No, this is, you know, I don't believe in sharing. This is risk People should just stay tuned and”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Triple. So, this is an order of magnitude break field. Photons stay in the structure three times as long as if they were to just reflect off of a plane surface. So they stay in and the efficiency goes up. It's hard to do, but we're almost there. How much more?”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“You're doing a three dimensional panel, a three-dimensional panel where the photons come in and spiral down the bristles. So you're capturing.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“When I first met these guys, they were growing 3 million nanometer nanofibers on a substrate per square inch. So you're not doing a flip.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“No, no, I am trying to change the world. Plus, we're invested in a solar company that uses 3D Bristols, and it's a major breakthrough. And we're going through the last phases of proving out the technology.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Plutonium is highly radioactive. I can't remember how radioactive thorium is. I looked at it a while ago. Well, what we're trying to do is fuse hydrogen and boron, and I won't bore everybody, but that results in three helium atoms and energy. And it's completely, not completely, but largely a neutronic. And you can actually”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, it's consistent with my background. My older son, who I work with, ran a business strategy of People Soft. He knows software far better than I do. I'm better at the... the physical sciences. We're involved with the fusion company that I really can't talk much about, but people should read the newspapers.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I know they need, they have big warehouses, but they're big new and they need electricity and they need artificial light. But just the crummy old 100-year-old small warehouse, just a store. I missed it. I missed that play.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And how much of it is. Well, I'll tell you the best investment has not been art, has not been, it has been buying up old warehouses in Denver for they store the marijuana. Well, grow it.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“July and August. And because I do venture capital now and I don't have to be, I don't have to have morning meetings. I don't have to, all of the paraphernalia about running a fund, I can do everything electronically, take plane trips to where I have to go.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“It ends up in Northport, Michigan, which is on the tip of a peninsula jetting into Lake Michigan. It's beautiful, beautiful area. If you're a New Yorker, you go to the Hamptons, except if you're me, you go to Michigan. It's bizarre.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“That was it. And it works. So now, you know, Hawks, which is my family office. Uh-huh. Live on a street by the name of Hawks. Acadia Woods, our family venture fund. We live on Acadia Woods Road in Northport, Michigan, which is where I spend my summers.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And it was illiterate of Pequot Partners. It sounded good. It felt good. I had no idea the Pequot Indians were going to get a gaming license. And I remember getting letters from European investors about 10 years into the life of the fund saying, are you affiliated with that gambling tribe? No, I was at 354 Pequot Avenue in South Portugal. South Africa came out. And it sounded alliterative. It meant nothing. I didn't want anything that suggested, you know. Did you predate?”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“We have a website for the Sandberg Family Foundation, which we don't ever talk about. So the first time I've ever mentioned it, that does not include schools that we went to and stuff, so everybody's responsible for their own alma mater. So it does talk to the kind of social things we are trying to do. As a word of caution, we do not accept incoming inquiries. We do our research and we go out and selectively pick what we want to do.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“and I and our three kids are on the board. We take a very, very seriously. My goal is to take care of my family, but if I die without a penny to my name, that would be just, that would be ideal. Trying to figure out how you manage that is not the easiest thing in the world.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Columbia Business School, which I co-chair with Henry Kravis. We've got a major campaign going right now to build a new business school up in the Manhattanville campus. I did a matching grant for 25 fellowships at Columbia. So it's not per se about buildings. It's about giving to the kids, giving to the professors. We have a program at Columbia Presbyterian New York Presbyterian where we have a thing called the Sandburg Scholars and Pediatrics enabled them to hire a whole bunch more research people and fill in some gaps in there. And so the emphasis is on young people and health. And it's a pretty well thought out thing.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I am told by the school, and I can't say this true, that the scholarships I've given, I've given the largest amount of money in scholarships to MIT. I think that's true. My wife is very involved with Westchester Community College, and we're big supporters of Westchester Community College.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Lee is an investor in Virthright Israel. We were one of the 14 founding families and a number of other things. So those dual things, you know, giving back to your heritage, giving back to people who don't have the opportunities you had but certainly have the ability that you had. How does that manifest?”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“What do you guys do with that? We do that by supporting lots of startup venture philanthropies that are in the area of education, healthcare. I could name names. There's the college summit, health leads. We were instrumental in getting the two of those started. They're highly respected. And my daughter, who runs our foundation, will be annoyed at me if I forget all of them. I also, you know, I'm Jewish and believe in the Jewish people. And so we were original investors in birthright Israel, as was”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“You do the work, you do well, you don't do the work, I think it's a great institution. I wish America reflected more of its core values. But I realized that I got to go there and all that. It was sort of somewhat random. And there are a lot of people born in this world who have the same talents that I had who are never going to have that chance. And I got to write that. I can't Can't make the world perfect and create equality across the board for everybody. But if I can affect the lives of a number of kids who don't have the opportunity that I had because of just the way their family circumstances are, I want to.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't know what the goals are to create a better world, yada, yada, ya. But a lot of this is formed by your life experience. So my life experience is that my grandfather came over from Russia and Poland. One was a tailor. My dad, who was a very bright guy, was the oldest of five. His father lost his job in the Depression and he ended up becoming an electrician because he had to support the family. But it was a strong family and my parents did everything they could to help me get along. And so I got into MIT, which is the ultimate in a meritocracy.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“You focus on your core principles. What is it that you bring to the table that's different than other people? How do you build an organization around you that amplifies that competitive advantage and stay and continue to learn and learn from your setbacks? All the things we talked about before, but to think that I don't really believe it was because of luck. I think it was because I was driven. Did I have setbacks? You bet I had setbacks, but I viewed those as setbacks and things to overcome. Not like someday I'm going to get lucky, so I'm going to keep doing this. So”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm sure it's a major causal effect, but if you think about it, that's the biggest mistake you can make. I mean, I never thought about, boy, am I lucky? I mean, after I had achieved the success, perhaps I thought, boy, that was lucky. But, you know, not while I was doing it. While you're doing it.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Part time, they've got very active careers that they're very good at, and they have to delegate to somebody. So the infrastructure builds up. Anything that is successful creates either regulators, consultants, an infrastructure around that activity that is a challenge to people who are really.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“They also need somebody who's going to do it full time. I mean, usually the people who are on these committees are very, very busy. Part-time.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“The consultants don't, but the boards and hospitals, the boards at educational institutions, whatever, they do, and they need the cover of the consultants. Cover is going to sound worse than it. That I intend to do.”
2015-09-26 · Masters in Business · An Interview With Arthur Samberg: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source