YouSaid · the spoken record

Dan Snyder

lines on the record
57
first
2018-02-26
most recent
2018-02-26
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

  1. “Still own it. Yeah, you still own it So, what I decided was after we fully invested. Yeah, so Castle is the world's leading. When you go in a building, your building, your space, I was very happy to see that. I'm really happy. Love to see that. We're the leading provider of managed access control for commercial real estate. So we do your access control, your video, and we do it on a managed service. The founder of the company is Fantastic I started in the mid-70s, and it was security as a service back in the mid-70s. So he was well ahead of his time. And as you know, in DC, it's an iconic brand. When I was looking for a platform company that I could buy and this opportunity came to me, and in Washington and a few other markets, Castle is to security what Coke is to soft drinks or Xerox is to copiers. It's one of those.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  2. “Yeah. Well, this one actually did because the company was founded by the Wireless Trade Association. The carriers let them own the billing protocol that transmitted all the roaming data back and forth. They would have probably not let a third party do that uncontrolled, but because it was on by the Trade Association, everyone had faith in it. And we acquired that. So that was a true, really valuable moment.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  3. “Yeah, so it was Tech Media Telecom. It was one of the companies that we see to it was a company called Matrix. It became the world's leading RFID company and we sold it to Cymbal, which was the world's leading barcode company. They couldn't figure out how to get in the RFID business, so they bought us. And then I bought a company, the last company we bought through Ventures was a company called Cybernet that was owned by the CTIA, and it was a billing protocol embedded in the billing systems of all the wireless carriers and a clearinghouse that we bought. And when I saw it, I was like, this is the greatest platform company I've ever seen. This thing has so many moats around it. And if we can get left to its own devices inside the CTA, nothing's going to happen. But if we can spin it out, there's so much we can do. And we bought it for $35 million and sold it for two million.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  4. “Because the one thing we did is we didn't invest really heavily the way a lot of other people did. So we had a lot of capital. I went to people and I said, look, do you want us to keep going? And everyone said, no, Mark, we believe in you. Let's keep going. And so that's when we really pivoted and said there's a lot of companies who are really good that we can buy at the moment for good prices, but that then we can help grow as if we.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  5. “More concentrated in a smaller number of companies with my time and capital. And eventually Carl got bigger and I decided I want to go off on my own and do that. And I left in 99 to start my own firm venture house.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  6. “I really want to get to California. I always wanted to live out there and I loved it. And I love the people there. They were really high quality people who are focused on being great investors. And I wanted to be, and back then, in 1989, there were not many jobs for a 24-year-old kid to get onto that side of the business. There were very, very few jobs. And I was fortunate to meet them and hit it off. And I went out there and I learned a ton from them. I did go back to business school and I almost went back to LA, but then Carlisle was five years old. I grew up in this area. I always had a dream of coming to Carlisle.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT

  7. “Recode Radio presents Recode Deco coming to you from the Vox Media Podcast Network. I am Kara Swisher, Executive Editor of ReCode. You may know me as someone who used to work for the city paper in Washington, D.C., but in my spare time I talk about tech and you're listening to Reco Decode, a podcast about Tech and Media's key players, big ideas, and how they're changing the world we live in. You can find more episodes of Reco on Apple Podcasts, Spotify, Google Play Music, wherever you listen to podcasts, or just visit Ricode.net slash podcasts for more. Today, I'm in Washington, D.C. and I'm here with Mark Ein, someone I've wanted to talk to you for a while, and now I have an excellent reason. He's an investor and entrepreneur. He's the CEO of several companies, including Venture House Group and Capital Investment Corporation 4, is that for? Last year, the most interesting part, he bought the alternative newspaper here in Washington, the Washington City paper, where I used to work. It was my first, my second job, or something like that. It was very young. And he's working with some of the paper's other alumni, including Jake Tapper and Tanahisi Coates, to figure out where it is.”

    2018-02-26 · Decoder with Nilay Patel · Recode Decode: Can an alt-weekly newspaper survive in 2018? · IDENTIFIED FROM THE TRANSCRIPT