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  1. Goldman Sachs22 min

    The State of Small Business in America

    Warren Buffett, Lloyd Blankfein, Michael Bloomberg, Jack Dorsey, Savannah Guthrie

    Goldman Sachs, Square, and various business leaders convened to address the systemic financial and regulatory hurdles facing established small businesses, noting that traditional banking approves only 10% of capital requests while regulatory costs consume significant operational time. The program highlighted Square's success in approving over 98% of loan applicants through automated repayment models and emphasized a hiring philosophy prioritizing resilience and passion over elite credentials. Strategic insights from Jack Dorsey, Mayor Bloomberg, and Warren Buffett focused on reducing bureaucratic burdens, fostering open organizational cultures, and aiming to delight customers to drive sustainable growth.