YouSaid · the spoken record
Daniel Lurie
- lines on the record
- 110
- first
- 2017-03-27
- most recent
- 2017-03-27
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- 1
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“Are we doing the right things? That's right. That's right. And we want, and so we've hired a team inside Tipping Point, a four-person team that is going to go after the chronic homeless population by some counts, and there's no good count when you send out 700 volunteers to count the homeless, which we did just about a month ago here in the city. It's not the best way to count people, but it's the only way we have, we think they're somewhere between 1,700 and 2,000 chronically homeless people. The definition of that is someone that's been sleeping out on the street for more than a year and has a disabling condition.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Well, we try to support people that are on the front lines doing the work. What we've realized is that we can't direct service our way out of the issues of poverty and that we need to leverage city dollars, state dollars, and federal dollars.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“That's right. So we fund to date, we fund it just direct service organizations, the 44 groups that I mentioned and spoke about earlier. We've never jumped into the policy arena”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I had it in high school. I had to go volunteer. So I'm all for that. I think that's the other way to do it is you go through the kids, right? Or you go through. And we're talking about companies that the founders or the CEOs don't get it, right? So if you're going to mandate it, you don't want people begrudgingly. There, you want to incense people to be part of the community, and frankly, there are enough people that care and want to be involved, but they don't always know how to do it. And so Get all those people involved first. I've given up on some people because 11, 12 years and nothing. And guess what? There's not enough time in the day. For our staff, our incredible staff to go out and get to the people that do want to be involved, let alone trying to go after people that.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Employees want to work at a company that they feel proud about working for retention is important to all of these companies. If you lose a talented individual to another company for whatever reason, it's expensive to replace that person and to train that person up. So you want morale to be high. You want people to feel good about the job and the company that they're working at. And I think these companies are starting. Hear that, whether it's People with a hammer telling them, or whether it's coming from.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“It has to come from the top because it's going to come from the bottom. It's going to come from their junior level employees. And so I think it's so incredibly important to build it into the culture from day one, which is what we saw Salesforce do. Or what, you know, I was just at Okta this morning. They're all hands meeting. They have built it in from pre IPO, right? They've put aside shares, they've mandated that employees volunteer. So I think you have, first, you have to educate because not everybody, for me, I grew up in a family that pushed it, right? And I was very fortunate in every regard. But philanthropy is something that is learned. It's not innate. And so first, there's that responsibility. Second, if a CEO doesn't get it, and you and I both know the CEOs that don't get it, you have to explain to them why it's good business.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I'm just going to glare, and then that'll be enough because they don't know what's coming. You see what I'm saying? I like that. So let's get back to what tech owes them, because I do think they abrogate their responsibility rather heavily in that they benefit from the city. There are young people, the young people who work there, live in the city, they take advantage of the...”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“No, they're sheeple. I don't know if you know that, but I can instruct you on that situation. Well, maybe in our meetings together, we'll be able to stand in the back of the room and glare at the room.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“That has not been a winner in going to some of these private companies. And actually, when we did SF Gives and the private companies gave to Tipping Point, it was the CEOs that gave their own. So Aaron was amazing and Frederick caressed and Todd McKinnon and Okta, they gave of personal.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Well, that's funny that you say that. I don't think the private money likes seeing their money go out the door to philanthropy.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“We got some of the smaller ones giving. We got pop sugar. I mean, we got all along the line up to Apple and Google and Salesforce and Microsoft.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“So he called me and he thought tipping point would be an excellent vehicle in which to make his idea happen. And the two of us then went out together and we got 20 companies in 60 days to commit. You're going to say it's not enough $500,000. We raised $10 million in 60 days from companies that everyone said.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I think in some cases, absolutely. I think it's a little bit of both. Mark Benioff called me about two and a half, three years ago and said, we need to do something about these tech companies. Yeah.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I think that's changing. And I think they're understanding now in a way that is really, that's why I'm so optimistic that they need to be part of the community.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“This is what we need to do from companies like Google. We need to see it from Facebook. I believe it's coming. If you look at the Facebook executive team. I mean, this is a remarkable group of people, right? That in their individual lives, I think, are very philanthropic. And at the corporate level, They had a policy of just they said no”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Well, how about let's talk about Google for a second? Google under someone named Rachel Whetstone, who I know you know. He's now at Uber, my call, sadly. She and Jacqueline Fuller of Google.org, I think really changed how they view. Now, a flashpoint, I believe, had to occur for them to focus on local giving. And now they have a guy named Justin Steele running some of their Bay Area giving. They just announced $11 million in racial justice funding.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“And I was like, oh, 10. 10 isn't even enough. 50 is what you really should be giving you rich person. And so she was like, oh my God. And it was very funny. So I felt like I wouldn't be good at the business that you do.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Cheryl, we're coming through. I have the hammer. Daniel's going to be nice. It can go either way. It doesn't matter. She gave a million dollars. And I heard her say it. And I go, $10 million. That's pretty good. And she goes, No, a million. And I go, What? That's cheap. And she's like, What? That's a lot of money. I go back.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, and so she said it to me. She goes, I will get her. Let's work on her together. I'll be velvet. Cheryl, we're coming through. I have the hammer.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“We don't have the 24 7 media and we didn't have recode back in the 1800s to monitor what those companies did in their first five and ten and 15 years.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“It should always be a flashpoint if these businesses are not taking care of their community because it's just good business to be a good community member. But why don't you?”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Talk about the tech community because they do get dinged for having these beautiful headquarters in the sky, Twitter, for example, meanwhile down below. Know it's a little like that movie nobody watched called Elysium where the rich people live above, the poor people live below. And there was a lot of pushback on tech people vomiting on buses, stopping, that kind of thing. They don't care. There's all this fighting going on the mission. How do you look at that? I mean, obviously you see it as an opportunity to get involved rather than a flashpoint, which it's become. Why do you think that should always be?”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, it's really, we have to be careful with how we do it. And I think we do it by how engaged and involved we are in the work. And then you talk to a lot of people in tech. I get to talk to people in tech that care. There are a lot of people that are getting involved. You know them well. We have Mark Benioff. We have now Mark, Mark Zuckerberg, and Priscilla Chan They really seem to get it. I could talk about a couple of the Twitter founders that have been incredibly supportive. We have more people that care than I think most people realize. Have to do more. They need to do more.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“We live in an incredible moment in time, and you cover it every day. And tipping point sits right in the middle of this incredible tension between incredible wealth and incredible poverty. We have 600,000 people living below the federal poverty line and 1.3 million people to poor to meet their basic needs. And we need people with means to stand up and to get involved. And we need to tell the stories. And so we are always thinking about how to walk that tightrope because we have to be We have to walk with humility in telling a client story in a set of stuff. They're not like a month.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, they do obviously, right? Well, that I guess that can be for our next conversation. But it's intense. I mean, we have friends, we have, you know, I have a friend that I'm thinking of right now who's spoken in front of our crowd and who was living in his car as a 16-year-old and a 17-year-old ended up going through one of our programs year up and worked at LinkedIn and now works at Berkeley. We need to do better by”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“A couple months we had a photographer I mean, you talk about expensive But it's more expensive to keep them housed than to have them living on the streets. Yes, of course.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“That child is going to struggle and not make it saying nothing about the parents. So we believe in you got to make sure they have safe housing, living wage, and access to great healthcare. It's critical.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“That's right. I mean, if you have a child who is going to a failing school, they're in trouble, right? But if they're going to a really good school, if they're going to one of our schools, whether it's rocket ship or a spire or okay, you're taking care of 7.30 to 730 to 5. But then if they're going home. And that they're sleeping in their car with their mom, or their dad, or both, and if those parents don't have a living wage job, Or if they don't have access to healthcare”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“So, your concept is again effectiveness. Now, it's interesting because those are four pillars you're talking about are the critical pillar. They can't really be apart from each other. That's right. I mean, if”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“So we have four issue areas. 45% of our funding goes to our education portfolio, but we believe in diversifying. And so we talk about, we have education, housing. Employment, so job training, and then health. And then our health area, we're going to be focusing on kind of the zero to five range and school preparedness and school readiness. And so in education, we fund charter schools, we fund programs that go into traditional public schools. We fund after school programs, housing, we fund organizations like homeless prenatal program and compass, and we fund Larkin Street that works with foster youth and first place for youth in Oakland. We're all over the Bay Area, so we fund in San Jose and East Bay. We're actually split essentially a third, a third, a third San Francisco, East Bay, and South Bay with a few groups in Moran. Sure.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“And we'll look for more. That's right. We feel pretty good where we're at. We had one or two a year at this rate. And it kind of depends on how much we raise as well. If we raise more on anyone.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Strong leadership, clean financials, a willingness to measure and hold themselves accountable, and a willingness to actually engage with a foundation like ours, an organization like ours that does not just write a check and walk away. We write a check and then we roll up our sleeves and we get in there with them and help them get stronger because the time for good intentions is over. We need tangible results. We are talking about people's lives. We're talking about 1.3 million people who are too poor to meet their basic needs in the home of”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“By some counts, there's 15,000 nonprofits in the Bay Area alone. We fund 44. We've seen thousands of them in our 11. And what are your criteria?”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“What they're doing. So if something's not, so they know what's happening. A lot of times money is thrown at things and you don't know what the impact is whatsoever. That's exactly right. So you pick out certain charities, correct? You pick out...”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“There are some massive foundations out there. So we provide access for the 44 nonprofits, the track services. We provide access to the best of the business. World. But we also provide metrics and accountability, and we help them measure their results so that they can not only prove what they're doing is working, but improve what they're doing.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Yeah. You know, there's always been people talking about venture philanthropy and impact investing. This is really hard work that not many companies can do well. What they do well is run their core business. And then sometimes a lot of businesses go off and try to. Have some sort of foundation. And some do it well. Few, but they're the exception rather than the rule.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“That's right. So, I mean, the model is, and it's very different from a traditional philanthropic organization or a foundation. 100% impact, 100% all of our overhead is covered by our board of directors. And we have no endowment. So every year we start at zero. So that first year we raised $450,000 and $450,000 went out last year in our 11th full year. We raised $21.9 million, $21.9 million is our grant-making budget for the following year. We provide not only cash assistance to 44 nonprofits here in the Bay Area currently, but we also connect them with the best of the business sector The sales forces, the Microsofts, the apples, the Google. So”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“They feel charities aren't serving, they're complicated. Talk about what the concept is very similar to the Robin Hood Foundation. You're trying to create impact and give to people and get returns that are Quantifiable, I guess”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I understand that. But what we need to do is we need to educate people. We need to get people engaged. And what I'm really excited about with this younger generation is that people want to be engaged, but they don't often know where to go.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“The idea is that, I mean, I gave you the background in terms of growing up here, but I knew. And we know, and you know, that we have incredible poverty here in the Bay Area. We have incredible needs that people can really, they can just get in the car and they can drive down the 101, they can go from here down to Silicon Valley and go to work at one of these great companies and not see it.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Need a little star power. And not only is he star power, he's compassionate and cares about these issues. And then I found a hedge fungi named Chris James. Chris was a committed Robin Hood supporter. I did not know him when I was at Robin Hood, but people at Robin Hood told me I had to call on him because he was a 20-something hedge fund guy giving a lot of money to a New York City-based organization and he was living here. He had just moved from New York to here. So I sat down with he and his wife and they came on board and then I. Asked a friend Katie Schwab, who was actually working at Robin Hood at the time if she would also come on the founding team. And so the four of us found a tipping point and we launched in June 2005, you know, a couple weeks after Robinson. That's the idea behind it.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“He's actually from Southern California, but he lives now up here in the North Bay, or Northern California, and it's just an incredible human being. Who has a tough time saying, no, his wife, Karen, is actually...”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“He's one of the best players of all time. And what I always say about Ronnie is he's a better person than he was a football player. Okay. He's always committed to the community. I think he won four Super Bowls.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“He's like, I'll help you get this started now. I'm pretty sure he thought I was Bob Lurry's son, who used to be the San Francisco Giants owner. So he had his family's confused, but he stuck with me. I had to go back and take final.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“And it took him about 15 minutes to get to the table because everyone wanted to take their picture with them. We sat down and I told him what we were doing, and he goes, I'm in.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Really enjoy the whole thing. Yeah, he's figured it out So that's where the name came from. So in grad school wrote the business plan, got introduced somehow to Ronnie Lott. Who is a childhood hero of mine? I was actually getting my incorporation documents together, Lathan and Watkins, a local law firm, was doing it pro bono. And my lawyer talked to his lawyer, and he heard about what I was up to. He knew Stan Druckenmiller of Robin Hood's board. And we ended up having lunch. I was actually in the middle of finals in grad school. And I went to meet him for lunch downtown here in San Francisco.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“It's an old term for white flight from urban cities. So It's funny. The only time I've, well, I called into another radio show on Forum with Michael Krasny when Gladwell was on with him so I could introduce myself. I actually had a chance to have a cup of coffee with him.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“I gave my friends an opportunity to think about or to come up with the name of the organization. I said, I get someone a bottle of champagne. If they could come up with the name, and I kept going back to Malcolm Gladwell's book, that a few passionate people can make great change. And it just kept sticking and coming back to me. And so in grad school, I sort of, I went with it. And actually, you couldn't call it just tipping point because not because of the book, but because there's some other California LLC that was called tipping point. And actually, he didn't, interestingly enough, he didn't coin the term.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“Listen, some people get interested because you go to a great party, many others are interested because they care. Not everybody who at Robinhood, who is a hedge fund guy grew up wealthy or woman, grew up wealthy and they have their own stories to tell. And I think Paul has done an incredible job of galvanizing that community. I did learn, and I also most importantly met my now wife at Robin Hood. She was working there at the time. And so we started dating there. But I moved back to San Francisco at the intention of starting tipping point. Went to grad school at Berkeley from 03 to 05. Public policy. I went and got that public policy because I couldn't get into business school. So I took a lot of business school courses, but the whole intention was starting an organization similar or built on the model of Robin Hood”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT
“So, you learned at the place that was sort of pioneered. They really did pioneer impact investing using very high net worth individuals, throwing really fantastic events. Getting them engaged through interest, I guess, not in the typical shared way. Listen.”
2017-03-27 · Decoder with Nilay Patel · Recode Decode: Daniel Lurie, CEO, Tipping Point Community · IDENTIFIED FROM THE TRANSCRIPT