Chapter

Building a Company
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39:03 - 44:19 (05:16)

The first step in building a company is to create something that people want, rather than focusing on shareholder value. It's important to take responsibility for mistakes and be transparent with customers.

Clips
Creating something that people want and getting it to them in a profitable way is the fundamental premise of a company.
39:03 - 39:50 (00:47)
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Business
Summary

Creating something that people want and getting it to them in a profitable way is the fundamental premise of a company.

Chapter
Building a Company
Episode
#67 - A Very Random Episode
Podcast
My First Million
The speaker suggests that corporations should stop using the phrase "shareholder value" as it is redundant, and instead focus on their responsibility to manage and take care of their employees and stakeholders.
39:50 - 41:55 (02:04)
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Corporate Values
Summary

The speaker suggests that corporations should stop using the phrase "shareholder value" as it is redundant, and instead focus on their responsibility to manage and take care of their employees and stakeholders.

Chapter
Building a Company
Episode
#67 - A Very Random Episode
Podcast
My First Million
The speaker criticizes a speech made by a billion-dollar company and suggests that they could have done better given their resources, but also empathizes with the pressure of public speaking and acknowledges that the company may have learned from the feedback.
41:55 - 42:53 (00:58)
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Corporate Speech
Summary

The speaker criticizes a speech made by a billion-dollar company and suggests that they could have done better given their resources, but also empathizes with the pressure of public speaking and acknowledges that the company may have learned from the feedback.

Chapter
Building a Company
Episode
#67 - A Very Random Episode
Podcast
My First Million
The extension of COBRA health insurance and Carta's efforts to raise money and take risks during the pandemic are commended, although there may be room for criticism.
42:53 - 44:19 (01:25)
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COVID-19
Summary

The extension of COBRA health insurance and Carta's efforts to raise money and take risks during the pandemic are commended, although there may be room for criticism.

Chapter
Building a Company
Episode
#67 - A Very Random Episode
Podcast
My First Million