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VENTURE CAPITALIST: Top VC and Draper University Founder

About this video 

Tim is from a long line of venture capitalists - both his grandfather and father were in the same field. His job entails finding entrepreneurs with great ideas who are looking to start companies, and then funding those companies in the hopes that they will eventually become profitable. He says that it is important to go into the world and make an attempt to understand people and society, because you need to understand what customers want when you start a business.

School: Harvard University - Harvard Business School - Stanford University
Degree: Electrical Engineering - Business Management and Strategy
Job Title: Venture Capitalist
Employer: Self-Employed

Job Summary: Venture Capitalist

Job Description

A venture capitalist (VC) invests in start-up or relatively small businesses. VCs look for little-known companies that have a unusually large potential to provide them and their limited partners (investors) an outsize return on their investment. VCs usually organize themselves into small firms that work together to choose investments. Many VCs, after making an investment, will actively work with the company in which they invested (a portfolio company) to help it prosper.

On-the-Job Training

Varies widely.

Quick Facts

Average salary
Average salary
National Statistic Change Location
Confirm
$100,000 - $300,000
Projected job growth
Projected Job Growth
1 to 5 percent
Typical schedule
Typical schedule
Full-time, Irregular
Typical workplace
Typical workplace
Office, Travel, Indoor
Personal qualities
Personal Qualities
Detail oriented, Problem solving skills, Analytical skills, Written communication skills, Verbal communication skills, People skills, Networking, Mathematical skills
P3.instances[0].transcript.parse_transcript_data({"transcript":"<p><span m='140'>Hi,</span> <span m='350'>I'm</span> <span m='580'>Tim</span> <span m='890'>Draper.</span> <span m='1540'>And</span> <span m='2300'>how</span> <span m='2560'>did</span> <span m='2740'>I</span> <span m='2820'>become</span> <span m='3130'>a</span> <span m='3220'>venture</span> <span m='3530'>capitalist?</span> <span m='4030'>My</span> <span m='4220'>grandfather</span> <span m='5100'>was</span> <span m='5270'>the</span> <span m='5380'>first</span> <span m='5760'>venture</span> <span m='6090'>capitalist</span> <span m='7280'>in</span> <span m='7420'>the</span> <span m='7520'>Silicon</span> <span m='7960'>Valley.</span> <span m='8770'>My</span> <span m='8940'>father</span> <span m='9480'>was</span> <span m='9660'>a</span> <span m='9720'>venture</span> <span m='10050'>capitalist.</span> <span m='10610'>So</span> <span m='10810'>it</span> <span m='10850'>was</span> <span m='11020'>the</span> <span m='11120'>last</span> <span m='11570'>thing</span> <span m='11810'>I</span> <span m='11870'>wanted</span> <span m='12250'>to</span> <span m='12310'>be.</span> </p><p><span m='13440'>But</span> <span m='13770'>then,</span> <span m='14890'>after</span> <span m='16300'>realizing</span> <span m='16870'>that</span> <span m='17000'>I</span> <span m='17050'>wanted</span> <span m='17320'>to</span> <span m='17370'>be</span> <span m='17510'>an</span> <span m='17610'>entrepreneur,</span> <span m='19100'>but</span> <span m='19830'>I</span> <span m='19940'>wanted</span> <span m='20400'>to</span> <span m='20520'>be</span> <span m='20770'>able</span> <span m='20980'>to</span> <span m='21110'>do</span> <span m='21810'>multiple</span> <span m='22930'>things.</span> <span m='23960'>I</span> <span m='24000'>didn't</span> <span m='24320'>have</span> <span m='24670'>that</span> <span m='24930'>pure</span> <span m='25280'>focus</span> <span m='25880'>that</span> <span m='26020'>a</span> <span m='26730'>great</span> <span m='27150'>entrepreneur</span> <span m='27780'>has.</span> <span m='28590'>And</span> <span m='28800'>so</span> <span m='29230'>I</span> <span m='30180'>thought,</span> <span m='30430'>wow,</span> <span m='30780'>that's</span> <span m='31010'>interesting.</span> <span m='31530'>And</span> <span m='31740'>as</span> <span m='31980'>a</span> <span m='32030'>venture</span> <span m='32330'>capitalist,</span> <span m='32940'>I</span> <span m='32990'>can</span> <span m='33180'>be</span> <span m='33410'>a</span> <span m='33510'>multi</span> <span m='34100'>entrepreneur.</span> </p><p><span m='35360'>And</span> <span m='36210'>that's</span> <span m='36580'>how</span> <span m='36730'>I</span> <span m='36840'>got</span> <span m='37170'>there.</span> <span m='37500'>And</span> <span m='38190'>it's</span> <span m='38440'>been</span> <span m='38660'>a</span> <span m='38740'>wonderful,</span> <span m='39310'>very</span> <span m='39680'>interesting</span> <span m='40220'>life.</span> <span m='41130'>And</span> <span m='41480'>I</span> <span m='41580'>encourage</span> <span m='42160'>people</span> <span m='42520'>to</span> <span m='42590'>become</span> <span m='43150'>venture</span> <span m='43740'>capitalists.</span> <span m='44330'>But</span> <span m='44470'>I</span> <span m='44560'>encourage</span> <span m='44960'>more</span> <span m='45370'>of</span> <span m='45470'>you</span> <span m='45670'>to</span> <span m='45740'>become</span> <span m='46130'>entrepreneurs</span> <span m='46880'>because</span> <span m='47660'>it's</span> <span m='47780'>the</span> <span m='47950'>entrepreneurs</span> <span m='48590'>that</span> <span m='48710'>really</span> <span m='49540'>move</span> <span m='49840'>society</span> <span m='50600'>along.</span> </p><p><span m='52050'>I</span> <span m='52420'>went</span> <span m='52700'>to</span> <span m='53350'>high</span> <span m='53520'>school</span> <span m='53980'>at</span> <span m='54220'>Andover.</span> <span m='55240'>I</span> <span m='55300'>was</span> <span m='55530'>in</span> <span m='55940'>boarding</span> <span m='56370'>school.</span> <span m='57310'>And</span> <span m='57720'>so</span> <span m='57900'>I</span> <span m='58030'>lived</span> <span m='58390'>with</span> <span m='58550'>all</span> <span m='58840'>my</span> <span m='59730'>buddies.</span> <span m='60730'>And</span> <span m='60900'>I</span> <span m='60970'>think</span> <span m='61230'>I</span> <span m='61280'>learned</span> <span m='61580'>more</span> <span m='61810'>from</span> <span m='61970'>my</span> <span m='62100'>buddies</span> <span m='62530'>than</span> <span m='62680'>I</span> <span m='62750'>did</span> <span m='63000'>from</span> <span m='63170'>the</span> <span m='63300'>instructors.</span> <span m='63950'>But</span> <span m='64129'>I</span> <span m='64190'>learned</span> <span m='64430'>a</span> <span m='64500'>lot</span> <span m='64870'>both</span> <span m='65120'>ways.</span> </p><p><span m='66650'>I</span> <span m='66690'>was</span> <span m='66860'>pretty</span> <span m='67070'>good</span> <span m='67260'>in</span> <span m='67400'>math.</span> <span m='68290'>I</span> <span m='69080'>then</span> <span m='69800'>came</span> <span m='70100'>to</span> <span m='70190'>Stanford</span> <span m='70770'>and</span> <span m='70900'>studied</span> <span m='71250'>electrical</span> <span m='71870'>engineering.</span> <span m='72640'>And</span> <span m='73990'>I</span> <span m='74280'>sort</span> <span m='74710'>of</span> <span m='74810'>enjoyed</span> <span m='75240'>it,</span> <span m='75430'>although</span> <span m='75680'>I</span> <span m='75750'>kind</span> <span m='76000'>of</span> <span m='76070'>liked</span> <span m='76440'>physics</span> <span m='76850'>more.</span> </p><p><span m='78050'>And</span> <span m='78320'>then</span> <span m='79710'>I</span> <span m='80950'>started</span> <span m='81490'>something</span> <span m='81870'>called</span> <span m='82210'>the</span> <span m='82310'>Stanford</span> <span m='83050'>Game.</span> <span m='84380'>I</span> <span m='84420'>built</span> <span m='84760'>a</span> <span m='84800'>board</span> <span m='85200'>game</span> <span m='85590'>with</span> <span m='85800'>a</span> <span m='85870'>partner,</span> <span m='86440'>and</span> <span m='86520'>we</span> <span m='86630'>had</span> <span m='86750'>a</span> <span m='86820'>great</span> <span m='87100'>time</span> <span m='87390'>doing</span> <span m='87710'>it.</span> <span m='88660'>And</span> <span m='88820'>I</span> <span m='88880'>encourage</span> <span m='89390'>you</span> <span m='89560'>to</span> <span m='89620'>go</span> <span m='89850'>out</span> <span m='90070'>there</span> <span m='90290'>and</span> <span m='90410'>try</span> <span m='91030'>to</span> <span m='91180'>build</span> <span m='91620'>something,</span> <span m='92170'>to</span> <span m='93220'>sell</span> <span m='93650'>something</span> <span m='94300'>or</span> <span m='94390'>build</span> <span m='94710'>something.</span> <span m='95140'>It</span> <span m='95230'>makes</span> <span m='95490'>a</span> <span m='95550'>lot</span> <span m='95790'>of</span> <span m='95850'>sense.</span> </p><p><span m='96640'>And</span> <span m='97250'>I</span> <span m='97560'>also</span> <span m='97840'>worked</span> <span m='98130'>at</span> <span m='98200'>Hewlett-Packard.</span> <span m='99170'>And</span> <span m='99350'>then</span> <span m='99700'>I</span> <span m='100470'>got</span> <span m='100720'>into</span> <span m='100990'>the</span> <span m='101120'>Harvard</span> <span m='101460'>Business</span> <span m='101790'>School.</span> <span m='102280'>And</span> <span m='102390'>I</span> <span m='102430'>went</span> <span m='102620'>to</span> <span m='102690'>Harvard</span> <span m='102960'>Business</span> <span m='103260'>School,</span> <span m='103510'>studied</span> <span m='104460'>management</span> <span m='105060'>there.</span> </p><p><span m='106040'>And</span> <span m='106540'>once</span> <span m='106860'>I</span> <span m='106930'>got</span> <span m='107220'>out,</span> <span m='108260'>I</span> <span m='108460'>was</span> <span m='109070'>ready</span> <span m='109460'>to</span> <span m='109530'>go.</span> <span m='110110'>And</span> <span m='110860'>I</span> <span m='110890'>had</span> <span m='111020'>a</span> <span m='111070'>lot</span> <span m='111340'>of</span> <span m='111430'>energy.</span> <span m='112470'>I</span> <span m='112800'>didn't</span> <span m='113030'>really</span> <span m='113300'>know</span> <span m='113500'>what</span> <span m='113800'>I</span> <span m='113890'>was</span> <span m='114130'>going</span> <span m='114280'>to</span> <span m='114370'>do,</span> <span m='115170'>but</span> <span m='115380'>I</span> <span m='115490'>ended</span> <span m='115750'>up</span> <span m='115880'>being</span> <span m='116100'>a</span> <span m='116150'>venture</span> <span m='116470'>capitalist.</span> </p><p><span m='117700'>My</span> <span m='118100'>father</span> <span m='118480'>was</span> <span m='118600'>a</span> <span m='118620'>venture</span> <span m='118870'>capitalist.</span> <span m='119410'>His</span> <span m='119610'>father</span> <span m='119930'>was</span> <span m='120060'>a</span> <span m='120100'>venture</span> <span m='120370'>capitalist.</span> <span m='120860'>So</span> <span m='120950'>I</span> <span m='121050'>guess</span> <span m='121290'>it</span> <span m='121430'>may</span> <span m='121570'>have</span> <span m='121670'>been</span> <span m='121880'>in</span> <span m='122010'>my</span> <span m='122180'>blood.</span> </p><p><span m='123080'>But</span> <span m='123630'>I</span> <span m='124470'>fought</span> <span m='124960'>that</span> <span m='125610'>for</span> <span m='125790'>a</span> <span m='125860'>while,</span> <span m='126270'>but</span> <span m='126410'>then</span> <span m='126570'>I</span> <span m='126640'>realized</span> <span m='127120'>this</span> <span m='127310'>was</span> <span m='127650'>exactly</span> <span m='128410'>the</span> <span m='128509'>right</span> <span m='128810'>thing</span> <span m='129120'>for</span> <span m='129289'>me.</span> <span m='130120'>And</span> <span m='130590'>I</span> <span m='130660'>had</span> <span m='130820'>a</span> <span m='130850'>lot</span> <span m='131100'>of</span> <span m='131230'>fun</span> <span m='131520'>doing</span> <span m='131870'>it.</span> <span m='132040'>And</span> <span m='132590'>I've</span> <span m='132790'>been</span> <span m='133020'>able</span> <span m='133450'>to,</span> <span m='133720'>as</span> <span m='134020'>a</span> <span m='134060'>venture</span> <span m='134360'>capitalist,</span> <span m='135400'>meet</span> <span m='135930'>many,</span> <span m='136410'>many</span> <span m='136610'>people,</span> <span m='137500'>see</span> <span m='137970'>how</span> <span m='138340'>the</span> <span m='138720'>world</span> <span m='139520'>economy</span> <span m='140200'>works,</span> <span m='141290'>and</span> <span m='142030'>understand</span> <span m='143080'>how</span> <span m='143850'>other</span> <span m='144150'>cultures</span> <span m='144720'>work</span> <span m='145020'>because</span> <span m='145320'>we</span> <span m='145470'>set</span> <span m='145760'>up</span> <span m='145950'>offices</span> <span m='146600'>in</span> <span m='146740'>other</span> <span m='146940'>parts</span> <span m='147290'>of</span> <span m='147350'>the</span> <span m='147430'>world.</span> </p><p><span m='148590'>I</span> <span m='148680'>don't</span> <span m='148920'>have</span> <span m='149190'>a</span> <span m='149290'>typical</span> <span m='149740'>day.</span> <span m='149950'>It's</span> <span m='150160'>not</span> <span m='150380'>like</span> <span m='150590'>sitting</span> <span m='150980'>in</span> <span m='151090'>school</span> <span m='151650'>and</span> <span m='151810'>watching</span> <span m='152390'>the</span> <span m='152570'>teacher</span> <span m='153260'>go</span> <span m='153510'>on</span> <span m='153910'>or</span> <span m='155490'>studying</span> <span m='156190'>or</span> <span m='156300'>whatever,</span> <span m='156910'>or</span> <span m='157190'>going</span> <span m='157510'>to</span> <span m='157670'>play</span> <span m='158220'>football.</span> <span m='160450'>My</span> <span m='160710'>days</span> <span m='161080'>vary.</span> <span m='162900'>I</span> <span m='163190'>generally</span> <span m='163790'>meet</span> <span m='164090'>a</span> <span m='164180'>lot</span> <span m='164470'>of</span> <span m='164560'>people</span> <span m='164940'>who</span> <span m='165050'>are</span> <span m='165490'>entrepreneurs,</span> <span m='166500'>people</span> <span m='166880'>who</span> <span m='167140'>start</span> <span m='167530'>businesses.</span> <span m='168090'>And</span> <span m='168300'>they are</span> <span m='168460'>looking</span> <span m='168850'>for</span> <span m='169000'>money.</span> </p><p><span m='170470'>And</span> <span m='170670'>they</span> <span m='170800'>want</span> <span m='171120'>money</span> <span m='171540'>to</span> <span m='171750'>run</span> <span m='172060'>their</span> <span m='172220'>business.</span> <span m='172800'>It</span> <span m='172950'>takes</span> <span m='173310'>money</span> <span m='174910'>for</span> <span m='175070'>most</span> <span m='175410'>businesses</span> <span m='176380'>to</span> <span m='177440'>succeed</span> <span m='178250'>well</span> <span m='178630'>enough</span> <span m='180140'>before</span> <span m='180540'>they</span> <span m='180670'>actually</span> <span m='181340'>make</span> <span m='181630'>money</span> <span m='181850'>themselves,</span> <span m='182590'>generate</span> <span m='183030'>money</span> <span m='183270'>themselves.</span> <span m='183840'>So</span> <span m='184750'>if</span> <span m='184880'>you</span> <span m='185000'>want</span> <span m='185160'>to</span> <span m='185230'>sell</span> <span m='185610'>apples,</span> <span m='186110'>you</span> <span m='186360'>have</span> <span m='186450'>to</span> <span m='186530'>go</span> <span m='186640'>buy</span> <span m='186990'>those</span> <span m='187290'>apples</span> <span m='187760'>first</span> <span m='188390'>or</span> <span m='188650'>pick</span> <span m='189000'>the</span> <span m='189170'>apples,</span> <span m='189650'>pay</span> <span m='189900'>somebody</span> <span m='190410'>to</span> <span m='190500'>pick</span> <span m='190770'>the</span> <span m='190940'>apples,</span> <span m='192440'>before</span> <span m='192880'>you</span> <span m='193050'>can</span> <span m='193240'>go</span> <span m='193430'>sell</span> <span m='193820'>them</span> <span m='194040'>and</span> <span m='194180'>start</span> <span m='194500'>making</span> <span m='194860'>money.</span> <span m='195920'>And</span> <span m='196190'>a</span> <span m='196250'>venture</span> <span m='196560'>capitalist</span> <span m='197280'>is</span> <span m='197440'>the</span> <span m='197530'>one</span> <span m='197810'>who</span> <span m='199120'>puts</span> <span m='199480'>that</span> <span m='199710'>money</span> <span m='200100'>in.</span> </p><p><span m='200425'>And</span> <span m='200750'>I</span> <span m='200950'>would</span> <span m='201180'>take</span> <span m='201480'>a</span> <span m='201610'>quarter</span> <span m='202160'>of</span> <span m='202240'>each</span> <span m='202530'>of</span> <span m='202590'>your</span> <span m='202840'>apples,</span> <span m='203940'>if</span> <span m='204370'>you were</span> <span m='204610'>starting</span> <span m='205060'>an</span> <span m='205150'>apple</span> <span m='205690'>company.</span> <span m='207970'>And</span> <span m='208200'>I</span> <span m='208260'>would</span> <span m='208430'>give</span> <span m='208600'>you</span> <span m='208710'>money</span> <span m='209050'>to</span> <span m='209130'>go</span> <span m='209290'>buy</span> <span m='209530'>the</span> <span m='209690'>apples.</span> <span m='209990'>So</span> <span m='210400'>it</span> <span m='210710'>works</span> <span m='211020'>both</span> <span m='211280'>ways.</span> <span m='211630'>We</span> <span m='211790'>end</span> <span m='211990'>up</span> <span m='212280'>working</span> <span m='212650'>together.</span> </p><p><span m='215150'>So</span> <span m='216780'>that's</span> <span m='217690'>what</span> <span m='217890'>I</span> <span m='218050'>do.</span> <span m='218490'>I</span> <span m='218850'>help</span> <span m='219610'>these</span> <span m='219980'>people</span> <span m='220420'>who</span> <span m='220540'>want</span> <span m='220800'>to</span> <span m='220860'>start</span> <span m='221540'>big</span> <span m='221790'>companies.</span> <span m='222390'>And</span> <span m='222490'>I'm</span> <span m='222630'>looking</span> <span m='222930'>for</span> <span m='223050'>the</span> <span m='223130'>ones</span> <span m='223380'>that</span> <span m='223840'>I</span> <span m='223960'>think</span> <span m='224220'>might</span> <span m='224440'>become</span> <span m='224820'>really</span> <span m='225270'>big.</span> <span m='225970'>Because</span> <span m='226360'>a</span> <span m='226470'>quarter</span> <span m='226990'>of</span> <span m='227100'>a</span> <span m='227640'>small</span> <span m='228240'>apple</span> <span m='228570'>business</span> <span m='229080'>may</span> <span m='229240'>not</span> <span m='229480'>be</span> <span m='229590'>so</span> <span m='229860'>great,</span> <span m='230170'>but</span> <span m='230280'>a</span> <span m='230350'>quarter</span> <span m='230840'>of</span> <span m='231950'>Google</span> <span m='232450'>or</span> <span m='232550'>Facebook</span> <span m='233290'>or</span> <span m='233760'>Twitter</span> <span m='234480'>is</span> <span m='234760'>going</span> <span m='235030'>to</span> <span m='235070'>be</span> <span m='235550'>a</span> <span m='235670'>big</span> <span m='235920'>deal.</span> </p><p><span m='237900'>What</span> <span m='237980'>do</span> <span m='238090'>I</span> <span m='238200'>know</span> <span m='238450'>now</span> <span m='238850'>that</span> <span m='239150'>I</span> <span m='239550'>wish</span> <span m='239980'>I</span> <span m='240100'>knew</span> <span m='240430'>when I</span> <span m='240610'>was</span> <span m='240730'>younger?</span> <span m='241540'>Well,</span> <span m='242140'>it</span> <span m='242290'>turns</span> <span m='242620'>out</span> <span m='242830'>when</span> <span m='243000'>I</span> <span m='243060'>was</span> <span m='243200'>younger,</span> <span m='243930'>I</span> <span m='244150'>knew</span> <span m='244390'>more</span> <span m='244670'>stuff</span> <span m='245080'>that</span> <span m='245230'>I</span> <span m='245340'>know</span> <span m='245620'>now.</span> <span m='246690'>So</span> <span m='247770'>take</span> <span m='248070'>advantage</span> <span m='248630'>of</span> <span m='248680'>the</span> <span m='248760'>fact</span> <span m='249080'>that</span> <span m='249200'>you know a</span> <span m='249650'>lot</span> <span m='249920'>of</span> <span m='249990'>stuff</span> <span m='250360'>right</span> <span m='250660'>now.</span> <span m='250930'>Because</span> <span m='252630'>you'll</span> <span m='252870'>forget</span> <span m='253530'>it.</span> <span m='253840'>You</span> <span m='254020'>won't</span> <span m='254300'>remember.</span> <span m='255960'>You</span> <span m='256149'>won't</span> <span m='256310'>really</span> <span m='256640'>understand</span> <span m='257269'>how</span> <span m='257579'>good</span> <span m='257950'>a</span> <span m='258029'>processor</span> <span m='258950'>and</span> <span m='259040'>a</span> <span m='259100'>memory</span> <span m='259459'>bank</span> <span m='259769'>you</span> <span m='260089'>actually</span> <span m='260490'>have</span> <span m='260880'>right</span> <span m='261149'>now.</span> </p><p><span m='262970'>I</span> <span m='263130'>think</span> <span m='263600'>if</span> <span m='263920'>I</span> <span m='264150'>were</span> <span m='264370'>your</span> <span m='264700'>age--</span> <span m='266060'>which</span> <span m='266470'>I</span> <span m='266570'>am</span> <span m='266840'>mentally,</span> <span m='267380'>but</span> <span m='267630'>not--</span> <span m='267980'>or</span> <span m='268190'>maybe</span> <span m='268580'>I'm</span> <span m='268710'>a</span> <span m='268840'>little</span> <span m='269010'>younger</span> <span m='269370'>mentally.</span> <span m='271220'>I</span> <span m='271450'>would</span> <span m='271670'>say</span> <span m='272540'>to</span> <span m='273100'>go</span> <span m='273580'>out</span> <span m='274040'>and</span> <span m='274850'>see</span> <span m='275270'>how</span> <span m='275510'>the</span> <span m='275620'>world</span> <span m='276040'>works.</span> <span m='276680'>Make</span> <span m='276880'>sure</span> <span m='277220'>you're</span> <span m='277560'>out</span> <span m='277860'>there.</span> <span m='278670'>Don't</span> <span m='279460'>just</span> <span m='279830'>take</span> <span m='280120'>your</span> <span m='280490'>teachers'</span> <span m='280970'>word</span> <span m='281350'>for</span> <span m='281690'>granted.</span> </p><p><span m='283350'>When</span> <span m='283610'>you</span> <span m='283770'>read</span> <span m='284170'>something,</span> <span m='285090'>don't</span> <span m='285380'>believe</span> <span m='285940'>every</span> <span m='286220'>word</span> <span m='286560'>you</span> <span m='286700'>read.</span> <span m='287592'>Read in</span> <span m='288040'>between</span> <span m='288490'>the</span> <span m='288580'>lines.</span> <span m='288900'>Who</span> <span m='289060'>wrote</span> <span m='289450'>it?</span> <span m='290040'>Who</span> <span m='290350'>said</span> <span m='290570'>this</span> <span m='290850'>stuff? It</span> <span m='291290'>isn't</span> <span m='291840'>gospel.</span> <span m='293320'>And</span> <span m='293480'>even</span> <span m='293720'>the</span> <span m='293810'>gospel--</span> <span m='294530'>look</span> <span m='294730'>at</span> <span m='294810'>the</span> <span m='294900'>gospel.</span> <span m='295540'>Who</span> <span m='295805'>wrote</span> <span m='296070'>that?</span> </p><p><span m='298600'>I</span> <span m='298760'>think</span> <span m='299060'>that's</span> <span m='299430'>the</span> <span m='299550'>way</span> <span m='299750'>to</span> <span m='299860'>look</span> <span m='300100'>at</span> <span m='300200'>the</span> <span m='300300'>world.</span> <span m='300750'>And</span> <span m='300970'>then</span> <span m='301180'>you</span> <span m='301330'>start</span> <span m='301710'>to</span> <span m='301800'>understand</span> <span m='302360'>people.</span> <span m='303170'>You</span> <span m='303300'>understand</span> <span m='303890'>society.</span> <span m='304870'>And</span> <span m='305040'>then</span> <span m='305690'>when</span> <span m='305960'>you</span> <span m='306080'>want</span> <span m='306280'>to</span> <span m='306330'>start</span> <span m='306660'>a</span> <span m='306710'>business,</span> <span m='307660'>you'll</span> <span m='307930'>understand</span> <span m='308550'>what</span> <span m='308720'>the</span> <span m='308810'>customer</span> <span m='309390'>wants.</span> </p>","file":{"id":265675,"video_id":"2701142685001","name":"71317218","duration":311040,"thumbnail_url":null}});