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  • 00:00GUEST: WE DID INVEST IN A NEW COMPANY IN SWITZERLAND BECAUSE THEY WERE EXPANDING IN THE UNITED STATES AND WANTED HELP WITH SOME PARTNERSHIPS IN THE UNITED STATES. EMILY: PRESIDENT OBAMA HAS BEEN DOING THIS SUMMIT FOR A COUPLE OF YEARS. HOW SUCCESSFUL HAS THE PRESIDENT BEEN EXPORTING AN AMERICAN BRAND OF ENTREPRENEURSHIP? GUEST: I THINK IT WAS VERY HELPFUL. I WENT LAST YEAR WHEN IT WAS IN AFRICA AND I THINK THERE'S A SENSE ENTREPRENEURSHIP IS ALIVE AND WELL AND IT'S IMPORTANT FOR THE UNITED STATES AND THE MESSAGE WE ARE TRYING TO DO EVERYTHING WE CAN TO WORK ENTREPRENEURS ALL OVER THE WORLD HAS THEY ARE THE JOB CREATORS THAT DRIVE THE ECONOMIC GROWTH THAT LEAD TO STABLE DEMOCRACIES. EVEN AFRICA, IT'S REMARKABLE HOW QUICKLY IT HAS TRANSITIONED FROM A DECADE AGO. MOST EVIL SAW AFRICA AS A PROBLEM TO SOLVE. MANY ENTREPRENEURS FROM AFRICA HERE -- IT'S REALLY STAGGERING AND BODES WELL FOR THE FUTURE OF THAT REGION AND WERE A MORE PROSPEROUS, ABLE WORLD. EMILY: IS IT IMPORTANT TO EXPORT ENTREPRENEURSHIP OR AMERICAN ENTREPRENEURSHIP? EVERYWHERE IS DIFFERENT. IT'S AN IDEA AND A NETWORK -- I DON'T INC. PEOPLE IN LENGTH -- IN NAIROBI OR ANYWHERE ELSE BE TRYING TO REPLICATE SILICON VALLEY BUT I THINK THEY CAN LEARN HOW THERE IS A CULTURE AROUND RISK-TAKING AND HOW PEOPLE ARE WILLING TO PUT RISK CAPITAL INTO THESE EARLY-STAGE COMPANIES AND CREATE A DYNAMIC AROUND IT. BUILDING DOES NETWORKS AROUND THE WORLD ARE VERY IMPORTANT AND I THINK YOU WILL SEE ECONOMIES RISE AS A RESULT. ENTREPRENEURS CHANGE THE WORLD AND WE WANT TO MAKE SURE THEY HAVE THE OPPORTUNITY SAYS NOT JUST A FEW PLACES THAT HAVE THE OPPORTUNITY EVERYWHERE, EVERYBODY AND THAT'S WHAT THE GLOBAL ON JUPITER SUMMIT HELPS TO DO. EMILY: WHAT DOES A HILLARY CLINTON WHITE HOUSE MEAN FOR ENTREPRENEURSHIP? GUEST: I TRY TO STAY OUT OF POLITICS BUT I THINK SHE UNDERSTANDS THE IMPORTANCE OF ENTREPRENEURS. DONALD TRUMP DOES AS WELL. EMILY: YOU MADE THE POINT THAT THE PRESIDENT WOULD BE ALL ABOUT X ORTING DEMOCRACY BUT NOW ENTREPRENEURSHIP. WHY IS THAT MORE OF YOU? IT'S IMPORTANT TO HAVE A COMMUNITY THAT CREATES HOPE AND OPPORTUNITY. THE BEST WAY TO CREATE JOBS IS HELD ENTREPRENEURS WHO HAVE IDEAS TO CREATE COMPANIES THAT CAN ACTUALLY GROW AND EXPAND AND LIFT UP.
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Steve Case: Entrepreneurship Is Alive and Well

  • Bloomberg Technology

June 23rd, 2016, 12:44 AM GMT+0000

Steve Case, AOL's co-founder and Revolution's chairman and chief executive officer, discusses President Obama's entrepreneurship policy with Bloomberg's Emily Chang at the 2016 Global Entrepreneurship Summit on "Bloomberg West." (Source: Bloomberg)


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