YouSaid · the spoken record

Quincy Smith

lines on the record: 120
first: 2017-03-13
most recent: 2017-03-13
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

“You have other things to do. Well, Ruth Perrad made some good comments at the Morgan Stanley Conference last week where she talked. This from Google? Yes. CFO of Google. Who's doing an amazing job? If you think about it at scale, Google can run more or less like Berkshire Hathaway. It's got this core that's owned that's going so well and own lots of things and do stuff around it. But what you said is we're not averse to the idea. If a good idea comes up, we'll think about it, which is right. It's keeping an open mind on it. Right.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Now, let's talk Meantime. Let's talk meantime. In the meantime, the tech companies aren't really buying as much. Right, they're not buying what you said. And that's because...”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“We're not going in that. We're not going into that. Now, let's talk about media, where it's going. So you have this big chart here. So sharps and minnows, meaning either you're going to be bought or get bought. Mean time.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“By great teams out there. You're a pro. You always act that way and you have great relationships, and there's a reason for it.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“That's the best thing you can do. And more importantly, for those that are pros that really deserve it, you could say, I haven't heard anyone asking this type of question before. If I hear someone else, I'm not going to tell you who it is, but I'm going to tell you that somebody else might be around on it. That's the way to do it. And a lot of people don't know that. Now, they're very well advised.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“From other students. I do. I check. That's incredibly one of those crazy people. And the thing is that if you're sitting there minding your own business and you get a call from a journalist. Where you want to be helpful because you should be helpful because it's part of the ecosystem. And that's the way that that world works. What you say is, I'll tell you what, I don't know anything about this, but hopefully I can give you two people who might be able to help you.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I think it's important We can edit it out if you just. No, we don't edit anything. Let me tell you why I mean you are a pro.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“My banker, he's also a That's a good segue. So talk to me about these things you want to talk to me about. Tell me about these trends. All right, come on. No, let me tell you first about all that.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I don't think they do. I think they need some DNA in there that understands the media companies. And I think they have to be willing to accept those things. And there are some things there that I learned about in a major way, which is there's magic there. And tech companies don't understand magic because they're very analytic and grounded, and so far it's working for them. The fact of the matter is nobody's up here desperate enough, and by up here I also include Seattle to think, and that includes Microsoft as well, to think, oh my gosh, I've really got to do a curveball. Let's put a bid on the NFL. I don't see that happening. You don't see that happening. Well, they”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“They have, but I think for the big stuff, if you really, the beauty of them is they're trying to tie it to prime. If they try it, if they tie it to prime, that's a whole different element. That is what media was at scale. Oh my gosh, I've got a subscription service around it. That's HBO, right?”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“You want to think about stuff that is actually out with people that are known name brands that they should bring on and say. Except they've done rather well making stars.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I think Amazon is a real exception here. I think you'll know that they're getting serious about things in media when they bring talent around that is recognizable from reading variety. Variety”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“A good thing. So, with these media companies, with these internet companies, do you see them buying, like doing what at Comcast? Why is that? What do they do? I mean, if you're Jeff Bezos, do you need to own a Time Warner or a...”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“When you tweet on watching Game of Thrones and you clicked on that link, your HBO Go didn't launch your set top box turned on. Nobody wants that more than a media mogul to happen. So if you can figure that one out, how do you do that? That's a good thing.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“The curveball of the platform companies in tech. So here's the thing that's different than when we were in our Netscape days and you were in Boomtown world. The incumbents are not slow. The incumbents, Facebook, Google, Amazon, Microsoft, Apple, they're killers. They're thinking about this stuff. They're innovating every day. They're buying AI companies. We sell companies, by the way, to Airbnb these days. We sell them to Uber as much as we sell them to Google and everything else that's going on out there. But they're smart. They're not installed base, slow moving. They move incredibly quickly to deal with it. I think Facebook is pound for pound, incredibly well set up with Cheryl on the board of Disney to really understand content. Facebook's a place where I could actually see, maybe I would watch a new girl on my Facebook platform. I understand that very well. Twitter's done an amazing job, I think, with the live video defined as here's a place to go. What Twitter did was actually early on it tried to do something like fantasy sports to be complementary.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“If they're successful. The way NBC has been investing. That's what I think. But in the meantime, the media companies will keep getting bigger because there'll be more and more consolidation around you.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Absolutely, but they can figure out how to work with these companies. Multiples of them, which is actually good. And is that the future of them”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“So you have to find a platform that's going to work for your audience. So therefore, if Snapchat, if it's true, and I've seen a lot of press even coming from you that might not say it's just about the certain demographics, but let's pretend it is. And if you're Viacom, you're looking for that kind of audience. That audience is hard to find. If you're, I don't know, I'll make one up, but if you're Fox News, you're probably not looking for that audience, right? So you have to match it. And you have to match it with entrepreneurs who have like-minded sensibilities about where they want to be. There are a fair number of advantages of things that get acquired and actually go on and do incredibly well inside those places. But you're right. That's few and far between. Vox, Vice, BuzzFeed have all shown great examples.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Most of that team is still there, and it has to be. And that's a huge tribute to how they acclimated. But by the way, that's a mature, successful company that has a bottom line. And that's impressive. And that's the way that they should do it. So you have to be careful.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Let's go back to Amazon. I think you want to find a platform with entrepreneurs you trust that are going to stay because you buy it as much for what it is today as what this team will help you unearth in three years. And I think that's incredibly impressive. You've got to hold on to that talent and you've got to have it around. By the way, I haven't left CBS. I'm still that call if Lenzo needs anything. But I will always give him advice. Sure. That's different.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“But so far. Let's pick on Kinsel and YouTube. Although some people argue they have Ever. Let's start first with let's get to the internet company's biology. Let's get back to Amazon. All right, we'll go back to Amazon in a minute, but the media companies buying things. They've had a mixed record on a lot of things. They've closed a lot of them. NBC bought a bunch years ago, Disney bought a bunch, didn't work as well. What do you think they should be looking at if you were a media company?”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Definition. So, you think, how did that work? It's worked because they've really understood where the content is going. I do not see YouTube buying a lot of content ever. Ever. Because I don't think it is in the DNA of a company that thinks that analytically and has worked so well doing that that they're going to take those kinds of”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Sorry, Reed. Readings. Love Hoffman too. But Hastings has done an amazing job inside of Netflix, really taking a technology platform and architecting it towards being good with content. Ted Sarandos as a hire is fantastic. If I was to pick on something, I think the next wave without a doubt is Amazon. It's got every piece around it. And by the way, it plugs that into Prime. So you plug it into subscription-based models where you're going to put that content and put it there. The reason not to get too catty, but the fact is you're going to need real talent over an Amazon who really understand that. When Netflix hired Serandos, that was a real effort to say, I understand Los Angeles is going to be a big part of me. New York is going to be a big part of me making content is I got to figure out who to get over there that really understands it. Let's pick on Kinsel and YouTube. So Kinsel prior to Robert Kinsel prior to being number two inside of YouTube was at Netflix. He had a healthy respect and understanding of content. What's more, he didn't know how to program code up north. That's the definition.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“It's interesting that doesn't happen that much. It never happens. Generally because things that you and I know there's drama involved in creating content and it's not easy to do. I think that obviously read and Netflix have”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“And they have to pay attention to that. And they really do a good job of making sure that. Well, so that's, and by the way, they moved so quickly on that, right? You look at those guys and they're so devastated that that happened where terrible things do, but they move fast. It wasn't for them. And that's just the way it is. Culture matters in this one. CNAT mattered. That's why it's out there, and that's why land zones doing such a good job for them. But the fact is there's going to be a lot more consolidation. A lot more consolidation.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I would think that that one would be a little different. The thinking on that great is the platform. So you have to think about what is platform I'm going to trust where my brands can be out there and make sure that my guys get exposed to, my people get exposed to all the content I want them to get exposed and so much more where I get to learn more about those right that's the that's the plan but the question is is it too raw is it too is there hate speech too much”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“So the megaladon is like liberty. Liberty owns pieces of a lot of things. It might not own so much in ownership, but it owns a lot in vote. They have control. So stars merges up into Lionsgate. Now Lionsgate combined. Those guys are thinking about a very smart things around direct path and how they get to their audience directly and how long will they have to do that? What do they do about discovery? And how do they think about all those other things that they're around? You've got IGR, Disney, who's been absolutely flawless if you think about all the acquisitions and everything they do. Now they've got arguably a chink in the armor or two maker. And well, I was thinking more about whatever they're going to do. Yes, there's probably a few things going on there, but they have a great team, as you know. You know Jimmy. You know that the team in our world, but you also know Kevin and the deals that those guys do. They're smart and they're thinking about what to do next. They're going to need a safe platform. They're going to need something they trust that's not raw, that really helps them understand how to get closer to the audience.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“And how does a media company work with these companies to learn and make sure it lets it grow and is fragile enough? Obviously, you and Bankoff, you're veterans in the space. You're going to understand what it's like to have someone as an investor like that around you. And you'll know how to work them to your advantage. I see CNBC all over you as much as I see NBC and everything else as a way. That's why the makeup is so good.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“How would you do that? Such as NBC buying Snapchat. These guys are going around the corner saying, I'm happy to give you 50%. Well, are those the right entrepreneurs that you want to have that happen?”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“182 is doing so much. And now look at the investment they do as well. The hardest thing about that is you are a product of that having had NBC invest in Vox is will they learn the same amount by not owning and controlling? And will they realize that the good entrepreneurs won't always be owned and controlled, but instead they don't mind having 10%?”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Which is an ironic concept for a lot of things. But in that particular case, yes, but there's obviously much more that they need to do. That was given mostly by the playbook of Comcast saying Brian Roberts waking up one day. You think about, you have to think about these moguls on individual lines, right? So Brian Roberts, you know, he is an entrepreneur too. He grew up with Comcast in his blood. He's 100% willing to sever his leg to get into the right market if he needs to be. There's no defense there. He thinks about it. He won't. It turns out he's done so well. Just being offensive and early.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“And if you think about the way that it's going Up and down the question that everybody's asking themselves is Am I going to be a shark or am I going to be a minnow? Meaning, am I going to be part of the consolidation? Am I going to be okay? Then the fact of the matter is it's starting now. Obviously, AT&T is making a move on Time Warner and that shows somebody down on the stack moving up the stack changes software. My own personal opinion on that based on nothing, certainly no conversations with anybody because not involved in the deal. Yeah, it should pass. I'm sure it's not without its trappings. There are probably pieces of it. It won't work going in the overall. So they're a minnow.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I see Like all bankers, we come better be interested with printed out PowerPoint. Otherwise, you can just turn it off. Oh, I”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Most of our business. What I want you to think about is the idea between how do you bridge that gap because it still seems unbridgeable. It still seems... Continually, yeah. And where does that change, and how does that change?”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“I have more to talk to you about than just that stuff. We're not going to Concept And just because there was so much entrepreneurial going on up here, too, most of our business. What I want to do is.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, for sure. But the fact is they're learning, and I think they'll be back at it again. Whenever, again, a time of consolidation is upon us, as it is in media, they're going to be back to look at it.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Thing is hard. He understands how content works and he understands how to get audience Content to audience. I think James Murdoch is smart on this stuff, too. Pound for pound, he's one of the ones from his guy and miss the”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“But So now you're making a distinction between a platform like a MySpace or whatever. But you get a lot of learning out of those. The culture is the thing that ultimately breaks it down. And that's why it was so important. I think Leslie, you know I'm going to suck up to Leslie. I have to suck up. He's great. He's awesome.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, to be self sufficient on the internet. And by the way, and inside of a media company, if you have a P&L, if you don't have a P on that side, you're going to be in the dock. That's the problem.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“But they paid attention to what was happening on ours and they could play it up to their grounds and they used me. They use me a lot on that, like a lap dog on some of those kind of things. And it was a pleasure to be around people like that. They were so professional.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Everybody was trying to do that. How do you figure out where it was? And with CBS, it was easy because you had 93 million of the captive audience right there. So you knew a lot, and David Poltrack ran research and George Weitzer and marketing, Joanne Ross and sales. These were people who had been doing this for.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“At scale. So the opportunity of the internet for most media moguls is to get to understand their audience better than ever before. Because there's now a whole”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Way before. And you're, well, you're not nice ever, but you're pointing out that, yes, I think maybe there is room for a different generation of content. If you're Kinsel at YouTube, you'll call it Neck content. Or if you're somebody else, you think, what are the shorter things? I notice that HBO is doing that these days with that high maintenance thing rather than it being 22 minutes. It's sort of three sets of seven. And that's more and more we're consumed. I think the argument is kids are goldfish or, you know, millennials are like goldfish and they can only watch something for seven minutes. We all don't believe that. But the fact of the matter is that kind of cut up content might work. You know this better than anyone, but high maintenance originally came out of Barry Dillerworld. It was IC property. So the fact of the matter is they licensed it to HBO and it went. There's an argument that that kind of stuff would work. You look at you.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Wall Strep was a good idea. Yeah. I think we lost execution. That's on me, not on anybody else. The object was how do you think about next generation content? So one of the ways I look at that.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Quiet about it. CBS is particularly quiet about it. It doesn't disclose it or break it out, but CBS Interactive, now run by Landzone, is a super able piece of property that actually Jim can do.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“The deal on CNET was I'd known it forever. I'd loved it forever since Netscape Days. Halsey and Shelby were always great entrepreneurs and we were always having a good relationship out there. Nobody's without their drama, but the fact of the matter, they were super fun to deal with and always growing. And I'd always looked at it when I was at Allen& Company. I had done some work for it. But the object was, how do you find something that does something in a space that your media company understands, news, sports, and entertainment? And that's what they did. So it was just content on different screens for that laid out that way. But you think about it in retrospect, and you have your Vox hat on, we did it for $1.6 billion on a revenue basis and on a bottom line basis relative to some of the other guys and where they're playing even now today, I'd view it as a good deal.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“Right. You become more of a fan than ever before. You play it on the Tuesday through the Wednesday after the game when the game's on on your beautiful Plasma Screen Television in your living room. You're more apt to watch it. You're more apt to communicate with your friends. You're doing injury reports, player statistics. Sure, your phone is up and on, but you're not watching the game on that. You're watching it on the screen. So if you're Coca-Cola, you can now wrap your user on all screens and for many more days. A perfect compliment. And that's where sports always in this. And I used to have these conversations with Sean McManus, who was running CBS both news and sports at the same time. It was, hey, why aren't you coming over to news to talk about it? Because there is no news fantasy. That doesn't exist. So if you're not breaking it real time with the robots of Google, then you're going to be in trouble on the web. You can still do your features on Plasma, but it doesn't work this as well as sports. So you've got to always think, if you think about what is the fantasy, and that's one of the things we encourage the entrepreneurs that are looking in the media is think about what your fantasy equivalent is and go to these guys with match it up. Here's how I can grow your business bigger, not here's how if you're”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“They did. But in retrospect, now you think about it, video is the one media product that has flourished because of the internet. And you compare that also to what some of our mutual friends at Comcast now, not only do they benefit from that SVOD and over-the-top stuff right now, but they've also benefited because they sell data. Which is more or less a raw margin So it's actually been quite good for video based companies on the internet. And one of the first assets we had bought prior to my being there was SportsLine. And the beauty of it that I noticed was when you play fantasy sports, something I know, Kara, you know well.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“They didn't get obliterated by the internet, but some bad stuff happened because of the internet. At least it exposed to them the difference between how many people are actually reading it versus where the ad dollars were. In music, I actually think it's a stutter step. I don't think it's a bad thing. I think pricing just changed. And we're seeing that transition now. But if you talk to Lucian over at Universal now and what the great things that Spotify are doing with that or other, even Apple, whatever, they're enjoying a better understanding of where their business is going from now. So it's a recovery. Video has actually, if you think about it, never been negatively impacted. It's more Windows, more ways to get paid. So as smart as we might have been up here marching down to the old white guys in Los Angeles and saying your windows are going away, give us your content. Instead, they said, no, no, no, actually we're going to build a Netflix window. And sure enough on every analyst call, Netflix is now a big part of that. But so are all these guys in the ecosystem. And if you expand that out to the MVP,”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT
“We bought CNET, we bought last FM We were in there with a charter of interactives going to be bigger, it's going to impact things the way they did. I had a huge advantage going for me going in there, which is that we had bought SportsLine. And Sportsline might be one of the greater examples of a complement how technology can complement traditional media. So stepping back for one split second, and then I'll get into it. If you think about it, newspapers.”
2017-03-13 · Decoder with Nilay Patel · Recode Decode: Quincy Smith, partner, Code Advisors · IDENTIFIED FROM THE TRANSCRIPT