Ep 43: Roger McNamee: Tech investor, musician, activist

Roger McNamee has been a successful Silicon Valley investor for thirty five years.  He co-founded Silver Lake and Elevation Partners, two very successful private equity funds.  He also plays bass and guitar in the bands Moonalice and Doobie Decibel System.  He holds a BA from Yale and an MBA from Dartmouth’s Tuck School. He has written 4 books, the latest one titled Zucked: Waking up to the Facebook Catastrophe.

 

Some interesting insights from this episode:

  • Roger had a very unusual approach to tech investing which allowed him to be highly successful.
  • Learn why he started Elevation Partners with U2’s Bono.
  • Hear how one pivotal meeting with Mark Zuckerberg would forever alter the course of Facebook.
  • It was Facebook’s lack of anonymity that Roger felt was key to bridging the gap to a much larger mainstream audience that prior social media companies had failed to reach.
  • While they are technically a platform, Facebook acts more like a media company by using sophisticated algorithms to control the content that users see on the site.
  • Social media manipulates us by exploiting the weakness in human psychology.
  • Learn what filter bubbles are and why they’ve contributed to our accepting and spreading false information.
  • “Technology has changed the way we engage with society, substituting passive consumption of content and ideas for civic engagement, digital communications for conversation.”
  • “Excellence is an outcome that reflects mastery of an activity in a time and in a place.”

Ep. 25: Bill Browder: Superstar investor turned human rights activist

Bill Browder is the founder and CEO of Hermitage Capital, which was the largest investor in Russia for a number of years.  More recently he has been spearheading a campaign to expose Russia’s corruption and human rights abuses. His efforts led to the passing of the Magnitsky Act in 2012.  He is the author of Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice.

 

Some interesting insights from this episode:

  • Learn how he became the largest investor in Russia and one of the top performing investment funds in the world.
  • If you follow your passion before there’s any real business opportunity, the profits will eventually follow.
  • He had an epiphany one day that if his grandfather was once the biggest communist in America, Bill would become the biggest capitalist in Eastern Europe.
  • Hear about the trade of the century that would help propel his fund from $100 million to over $4 billion.
  • Learn how the Russian police stole his corporation and then committed the biggest tax refund fraud in the history of Russia.
  • Learn how he sought justice for his friend Segey Magnitsky, who was tortured and murdered by the Russians, through the passage of the Magnitsky Act.
  • “Excellence is about rolling up your sleeves, putting in the time and constantly working at getting better in yourself at every step of the way.”