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  1. a16z30 min

    a16z Podcast | The Business of Creativity -- Pixar CFO, IPO, and Beyond!

    Lawrence Levy, Steve Jobs, Sonal

    In 1994, lawyer Lawrence Levy joined Steve Jobs to restructure Pixar from a struggling hardware manufacturer into a standalone animation studio, necessitating a radical strategic pivot that required raising $75 million and abandoning commercial software to focus exclusively on feature films. Following a contentious 1995 IPO where Levy prioritized full risk disclosure over Jobs' valuation desires, the leadership team established a collaborative culture that trusted unproven directors while maintaining a "million-to-one" risk model to ensure film production viability. Decades later, Levy frames this transformative approach as a humanistic alternative to traditional corporate acquisition models, linking Pixar's storytelling success to Buddhist principles of the Middle Way.

  2. Milken Institute1h 21m

    Milken Institute Forum: Todd Buchholz

    Todd Buchholz, Skip, Debbie, Dick Fredericks, Henny Youngman, E.F. Schumacher, Jimmy Carter, Robert Redford, Shirley Temple, Julia Child, Jackie Robinson, George Washington, Arnold Schwarzenegger, Stalin, Daniel Gilbert, Richard Frank, Mandela, Steve Jobs, Dalai Lama, Mother Teresa, Fidel, Jean-Jacques Rousseau, Mark Twain, Ronald Reagan, Pope John Paul II, Jonas Salk, Watson, Crick, Harry, Lucille Ball, Ethel, Kiyosaki, Tom Cruise, Ozzie, Harriet, Beaver, Theodore Roosevelt, Milton Berle, Joe Biden, Yao Ming, John Taylor, Al Gore, John Mackey

    Todd Buchholz argues that human rushing, biological stress, and economic competition are essential drivers of happiness, freedom, and historical progress, refuting narratives that advocate for retreat into simplicity. He supports this thesis with neuroscientific evidence showing that risk-taking stimulates cognitive function, historical data proving capitalism's role in extending life expectancy, and corporate case studies like General Motors illustrating the inefficiency of suppressed competition. Buchholz concludes that removing competitive pressure leads to stagnation and tyranny, while maintaining that freedom and merit-based incentives are necessary to sustain the ongoing rise in human prosperity and longevity.