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I think I think Google's always had a good strategy of get there early bring the people in and let them spin out and be in their orbit hmm I think they've always done that well Android YouTube come to mind
Amazon buys pill pack that helps our whole portfolio
if you look at Amazon and Alexa as an example right what matters to them what apps is some startup gonna move the needle for the biggest company in the world not anytime soon and so it's apps right it's it's ecosystem right they want the coolest stuff on their platforms first they want to support it be out there leaning into that innovation and helping it succeed right so that's very aligned with our mission
Amazon trying to compete with the CVS and the Walgreens of the world okay a different angle right
they just got bought by Amazon for a billion billion cash
first one its 2012 with Microsoft which of course is now scaled up the Microsoft accelerator around the world you know we were sort of running the first ones for them and you know I think people had that fear the trick is when we were scaling at rate we weren't giving those things that the entrepreneurs should be afraid of right
I think with any of the corporate programs they really are looking for learning so they want to understand what the startups want to do with their with their tools Technologies um they're looking for PR right they want to be seen as helping them um and of course they're looking for bizdev you know m&a uh investment opportunities this puts them in the poll position because if they've already been a limited partner and you know they've built up some Goodwill maybe they know a couple of people ther
we're super selective uh having Nike having Microsoft Rackspace and others helping those companies is is a a net ad as well
really important to us to make sure it was Tech Stars that's the investor in these companies Nike Microsoft it is Nike or Microsoft's money it's their money but we're the investor long term we're the ones that gain from being involved and you know they have no control you don't have you know you don't have to go do something with them but yet they're giving you all this access
like I was thinking about turning off Netflix because of Amazon and Amazon Prime video is so good
it's for us it's you know we started really as a way to build entrepreneurial communities and and startup systems uh the the geographies that we're in we feel like you know there's an investment thesis around it you know to to be in the valley you know is is a different game it's a you know very high valuations I think it's unlike any any place else in the world and you know we have a thesis about you know if you can get to the best companies in New York or the best companies in Boston or Boulde
we were getting certainly companies uh choosing us saying that they really wanted more Hands-On attention and uh you know live mentorship
it's uh frankly you know they're getting closer to what we've always done which is you know bring in more mentors to actually be Hands-On and help uh kind of rightsizing investment and and maybe scaling back a little to uh you know be focused on on the companies a bit more and not you know just stamp a label on them but really help them
they're getting closer to what we've always done which is you know bring in more mentors to actually be Hands-On and help uh kind of rightsizing investment and and maybe scaling back a little to uh you know be focused on on the companies a bit more
I think that you know I think that she's working on a lot of tech things actually um you know they just have to redo the homepage it's you know it's the front page of where everything comes in it's critically important it's where most of their finances are generated off of that home page ad um so they really do have to make it look good and make it an attractive place now a lot of people you go through their through Yahoo mail and things like that and so they have to make it somewhat compelling
you know a few years ago um we had uh folks like Greg Khan that was at at Yahoo part of brick house showing up all the time you know I'd say three or four years years ago um and they've lost so many people that a lot of the people that we used to you know really have coming in aren't there anymore so' be interesting to see what they do as they uh enter the new phase
surprisingly we we actually get a lot of AOL interactions so it's it's uh you know those few seem to be the ones that that really get in there and try to help
who's the best most you know sort of engaging and supportive of startups of the big four or five you know internet companies in your mind who who does the best job um you know I I think Google uh Microsoft um you know surprisingly we we actually get a lot of AOL interactions so it's it's uh you know those few seem to be the ones that that really get in there and try to help
I think Google uh Microsoft um you know surprisingly we we actually get a lot of AOL interactions so it's it's uh you know those few seem to be the ones that that really get in there and try to help
but Google on the other hand is really really embracing they created that startup group I guess to consolidate all their startup activity you have a lot of Google and Microsoft and Facebook uh interaction with the startups at techar absolutely yeah they show up pretty regularly and sort of give a little bit of uh you know up and cominging news for the startups to help them get in front of the curve and uh try to help them be successful so those companies do a great job