Roger McNamee

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Last quote by Roger McNamee

We have taken the notion of 'it if bleeds, it leads' and married it to the smart phone and individual personal data. What's different is they have created individual channels for two billion people.feedback
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Nov 16 2017
In this page, you will find a list of 72 quotes from Roger McNamee, from different articles. We analyzed 30 articles in which Roger McNamee has been quoted in topics like Amazon and software. Roger McNamee’s most recent quote is: “These guys are stifling economic activity all over the place.”. To see more examples Roger McNamee’s views and opinions, check out the section below.
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Roger McNamee quotes

Oct 11 2017 - Facebook

I am quite certain that it never occurred to Facebook that a foreign country was going to come in and mess with our elections. But the reality is that they also had a business model that said, It's not our responsibility what people do on the platform.' And I think that was wrong. It's one of those things they just have to do as patriots.feedback

Oct 05 2017 - Facebook

Those things are really meaningful, and I think Apple is part of the solution here. And I think, candidly, over time, will benefit in its business.feedback

Oct 05 2017 - Facebook

Their position that they don't need to do anything is a bit like the NRA, which is it could work but if it breaks it's going to kill the trust in the platform, and that's what really worries me.feedback

Oct 05 2017 - Facebook

There needs to be some guard rails that protect consumers from being manipulated.feedback

Sep 20 2017 - Facebook

They get paid best when people are emotional. When they're either afraid or angry, that's what causes a lot of sharing.feedback

Sep 20 2017 - Facebook

Facebook and Google in particular take the position that they're not responsible or accountable for anything that happens on their platform. There's a need for a conversation about exactly what the limits ought to be.feedback

Sep 05 2017 - DACA

I don't know the answer. Our entire economy is based on having lots of different kinds of people in it.feedback

Aug 21 2017 - Tesla

Think about this with automobiles. We never thought of automobiles as terrorist weapons. But once you start applying them that way, they're really terrifying. And I think that's the issue.... it's going to be super hard to control how bad people use that technology once it's developed. Bad people are unlikely to observe the rules. There's a lot of history suggesting that fear is legitimate.feedback

Aug 21 2017 - Tesla

Those companies, in many ways, have lost control. And that a lot of really difficult, bad things are going on in terms of addiction, in terms of what happens in our election and Brexit. You look at these things and you say to yourself, It's really time for the country to step back and have a conversation about: What is the appropriate role of technology? What are the limits to what we're going to allow people to do? And how are we going to make sure that society – jobs, people, and livelihoods – are protected?feedback

Aug 21 2017 - Tesla

We have in this country had, at least for the last 10 or 15 years, an almost irrational belief that technology always winds up doing good. And the reality is, it's a lot easier to do bad things with technology than it is to do good. To do good takes tremendous discipline and effort over long periods of time. And you can do bad more or less overnight.feedback

Aug 21 2017 - Tesla

I think what Elon's talking about here is that once you start applying automated technology to weaponry, horrific things are likely. And I suspect that that is true. The point I would make is that I think bad things are already happening.feedback

Aug 15 2017 - Uber

I understand the Benchmark position. I think they know Kalanick better than a lot of the other board members do. Somebody maybe give them a proposal that looks like its worth $70 billion. But I will bet you anything that when the dust settles, when you unwrap the layers, it's worth way, way, way less than that. This company is not worth anything like that price...the market will make that decision.feedback

Aug 15 2017 - Uber

It made them appear to be incredibly successful – they raised a lot of money. Now it appears that, Oh, wait a minute. All of that was at least not acceptable. And some of it may actually have been really, really bad.feedback

Aug 09 2017 - Facebook

When I invested in Facebook in particular, where I was very, very active, it never occurred to me that anything bad could ever happen from people sharing photographs and stories about family.feedback

Aug 09 2017 - Facebook

I don't think they are consciously doing bad things. I think what happened was they each adopted an advertising-based business model that essentially encouraged engagement.feedback

Aug 09 2017 - Facebook

These systems are open, anyone can use these systems to manipulate public opinion because the ad models essentially encourage this exploitation of peoples emotions. Is this really something we want? Because these companies can afford to do this differently. They are allowed to run experiments across a population of 2 billion people without being accountable for what happens.feedback

Jul 03 2017

I think it starts with the people who have the money. They just have to say, look ... I'm going to withdraw all of my money and force the funds to shut down.feedback

Jul 03 2017 - Uber

It's not like we didn't know this stuff was going on at Uber from the beginning.feedback

Jul 03 2017

I think people of color have [also] been disadvantaged by analogous kinds of problems.feedback

Jul 03 2017 - Silicon Valley

Silicon Valley has a cultural problem right now that is so severe that it almost needs a reset. I think it's worse today than it was 10 years ago. There are a lot more women in the workforce. And the men are behaving horribly. I just think there has not been good governance inside the companies. There is this, you know, unwritten rule that people don't talk about stuff like this and women have been victimized by this.feedback

Jun 27 2017 - Oil

The only thing that will change it is regulations that actually say you can or can't do something.feedback

Jun 27 2017 - Facebook

As a shareholder of Google you're looking at this and saying: We won again. Google, Facebook, Amazon are increasingly just super-monopolies, especially Google and Facebook. The share of the markets they operate in is literally on the same scale that Standard Oil had 100 years or more than 100 years ago – with the big differences that their reach is now global, not just within a single country.feedback

Jun 27 2017 - Silicon Valley

They do stifle innovation. They stifle entrepreneurship... You can see this even in silicon valley it's very hard for any of the unicorn generation of companies to actually reach successful critical mass because, you know, one of their competitors gets acquired by Google and Facebook and then the category is over. I think it's a big policy question the world is going to have to deal with over the next few years.feedback

May 15 2017 - Facebook

Eventually they're going to be such a large percentage of the retail business that when Facebook and Google are going to try to sell ads the only guy on the other side is going to be Amazon. They will have that power eventually. Amazon is hosting all of the best applications, they have all the best intelligence that everybody wants. How long would it take them to go from zero to number one in e-mail, for example? How long would it take them if they decided to make security a really, really, really important element of what they're doing?feedback

May 03 2017 - Facebook

The challenge I think they face, fundamentally, is that at their level of market share, they've become an issue for personal safety as well as personal privacy. I would be surprised if at some point the European regulators, in particular, didn't start to question the impact of internet monopolies on the rights of citizens. I think Facebook and Google have done has done the bare minimum to deal with this issue. .feedback

May 03 2017 - Facebook

This is not going to hurt their earnings much. The company is a monopolist in three or four different categories. And it's going to grow really dramatically in its revenues in at least a couple of those businesses.feedback

Apr 17 2017 - Netflix

I personally would not be a buyer here at the highs, because that's not the way I roll, but if you're going to buy something in this space, this is the one you're going to want to buy.feedback

Apr 17 2017 - Netflix

The good news though, is that content wins, and there is more of that coming, and frankly, Netflix is driving that. This management team has understood the streaming market better than anyone else on earth...this is a company that really has delivered.feedback

Apr 17 2017 - Netflix

I think Amazon and Apple, the reason they're so scary, is that they're not trying to make money off of the subscriptions. They have a different business strategy. I think there will definitely be too many channels, and I think the proliferation of distribution points is a gigantic threat to the valuations in the sector. But I do not think it's a threat to consumption…I just think as an equity investor, you want to pick your stocks.feedback

Mar 02 2017

It really bothers me when people have no voting. Does it bother me as much as the stock price? No. Because the stock price stops me from investing way before the no voting. I don't think it will take all that long to get back down there. I think cool heads will be more successful. It will be a great trade – let's see how long it lasts. ... Eventually people are going to look at the fundamentals. It's going to be very hard for the fundamentals to catch up to the valuation we're talking about today.feedback

Mar 02 2017

I think tech companies make a terrible mistake trying to create their own rules, and trying to make themselves separate from the core economy. Whether it's staying private for much longer or not having voting. I think it insulates them in a way that allows them to do as many dumb things as smart things. Look at some of these unicorns – some of which also have had very, very limited voting on the part of their investors. Many of them have done incredibly stupid things.feedback

Jan 31 2017

The breakdown of US trading relationships around the world, which is by no means guaranteed, but is the direction that the administration is trying to take –that's incredibly bad for tech companies. In my mind that means I have to be a lot more careful about private investments I make, especially in the seed stage.feedback

Jan 31 2017

Now there's a real demand to see companies put up numbers on unit growth and price leverage. If you don't have that, buy something really large so you can change the subject. We're already seeing that, and expect it to accelerate among large companies dramatically.feedback

Jan 31 2017

The most important things investors require is stability–we need a stable legal system, stable economic policy, stable government. Those are the things investors in the US markets have been able to count on for two generations and I think that the election of Donald Trump makes that uncertain for the first time in my lifetime.feedback

Jan 25 2017 - Trans Pacific Partnership

The tech industry is so exposed to that – it needs China. I am actually worried we are radically altering the way our economy works in real time. If we lose the Trans-Pacific Partnership (TPP) one of the levers of protecting American companies will go away.feedback

Dec 05 2016 - CVS

I think this is part of a continuum that began a number of years ago when folks like Home Depot, and then CVS and Albertsons, Wal-Mart and others have experimented with self-checkout.feedback

Dec 05 2016 - Amazon

Amazon's model .... is way more consumer friendly, so I really do hope it works. I think this is another example of Amazon really pushing the envelope in really interesting ways.feedback

Dec 05 2016 - Amazon

And that has been a mixed experience. ... These things have all had rough moments, and the consumer experience has been everywhere from fantastic – for the person who otherwise would have been in line for a long time – to just dreadful. And I don't think it's been as good for the companies as they'd like to think.feedback

Dec 05 2016 - Amazon

The early result from checkout indicates that, in fact, self-checkout works in a relatively narrow set of circumstances – with today's technology. Amazon's moving the technology forward.feedback

Nov 23 2016 - Snapchat

What the stock is worth is anybody's guess. But it is really clear to me that they're going to get everybody's attention. And when they do the IPO, I suspect it will be well-subscribed.feedback

Nov 21 2016

And there really is nothing on the horizon one-tenth as large. You look at something like virtual reality – a concept I think will produce a really significant business opportunity – by comparison to smartphones, it's tiny.feedback

Nov 21 2016

The law of large numbers makes it almost impossible for Apple to outperform the market materially. And it's just reached a scale where hyper-growth is very hard. But accusing them of not having the courage to lead AI is ridiculous.feedback

Nov 21 2016 - Amazon

I view Amazon as a democratizing force in the economy, both in retail and in software.feedback

Nov 07 2016

I think that investors have gotten used to the idea that the U.S. has stable institutions – that we can count on the banking system, that we can count on the government, in general, to stay predictable within certain ranges. I think that this campaign has blown all of that up.feedback

Nov 07 2016 - Silicon Valley

It makes me just generally more cautious. I believe that Silicon Valley, and our economy, can still produce a lot of greatness. But what I worry about is that the benefits of that have been so unevenly distributed for so long, that a lot of ideas are going to get killed too early, simply because we haven't been smart and shared the benefits broadly. The economy's just gotten out of track.feedback

Nov 07 2016 - Climate change

There are so many exciting things to invest in right now, like climate change technology. Like various forms of information technology. Medical technology. But people are not going to do that if they believe there is a risk of somebody getting in there and blowing up the system, either through Congress or through the presidency or in the streets.feedback

Nov 07 2016

Lost of trust, loss of empathy are everywhere in the economy right now.feedback

Nov 07 2016 - Silicon Valley

I think there were issues already under Obama, because of the Republican obstruction of his legislative agenda. But I think now you're in open warfare. And I think that's really bad for the investment markets in general. I think it raises capital costs everywhere.... I don't think it matters what we do in Silicon Valley at this pointe. We've got to fix those institutions or we're in big trouble.feedback

Nov 01 2016

If you want to get rich really quickly, this is where you come.feedback

Nov 01 2016 - Silicon Valley

I think people in Silicon Valley are still open to change. But the things that they're working on aren't as valuable as the things people used to work on. And sadly, we've seen far more fraud in the past couple of years than I can remember any time in the 34 years I've been here. And so I think people just want to get rich now, and scams have become part of what goes on in Silicon valley and that troubles me deeply.feedback

Nov 01 2016

People have stepped back, if anything. The Valley has a real misogyny problem ... a lot of the people in the Valley who supported Barack Obama have been reluctant to support Hillary Clinton. And I think it is just part of this very deep-seeded misogyny that the Valley has been struggling with for decades.feedback

Nov 01 2016

I think he's right in the diagnosis, wrong in the prescription for what to do about it. But that's my political view against his, and we're both entitled to those views.feedback

Nov 01 2016 - Silicon Valley

It's been a real change in the culture. And Peter Thiel was one of the early leaders of that new wave and one of the most successful players in it. And I would actually suggest that while the typical person in Silicon Valley is a northern California liberal, the people in the entrepreneur class and in the senior management class are not. And I think there's a very deep libertarian streak there.feedback

Nov 01 2016

I respect Peter Thiel's right to have his own political views, no matter how much I may disagree with them. I'm not bothered by that part at all. My issues with Peter Thiel much more relate to corporate governance, and having his views associated with businesses I would like to invest in, which I think can do better without him.feedback

Oct 13 2016 - Twitter

Buying Twitter will be dilutive to almost everyone who's looking to it.feedback

Oct 11 2016 - Samsung

The problem for Samsung is ... they resisted doing the right thing. They tried to downplay the problems, and I think that has made this consumer problem a lot worse....I would not underestimate how bad this is for Samsung in the smartphone category.feedback

Oct 11 2016 - Samsung

I think that it's clear that Samsung cut corners. And when you get a market that's mature, where sales are harder to come by, the temptations to cut corners increase. So I do think the risk is rising that you'll see things like this from other people.feedback

Aug 30 2016

I look at this and I go, This is a different environment than the one we've been in.' Brexit is part of the same trend. People are less willing to subsidize those who can contribute to their growth and much more focused on maximizing the share of the pie they get from taxes.feedback

Aug 22 2016 - Facebook

What I like about it is that the fundamental story is so good that if you like the market, Facebook is an obvious name to hold and in the tech sector, it's the one you hold if you're only going to own one for high growth.feedback

Aug 10 2016

Sitting from where I sit ... what's going on in China feels like we're in a reset. It's not done, and there will be some piece of news – something that bottoms the stocks out – that gives us a better chance to buy than right now.feedback

Aug 10 2016 - Disney

I think this was a really smart move for Disney. I think the situation Disney faces today is a little bit like the one that Apple faces for the iPhone; that when you have been magnificently successful – more successful than your competitors – it is often hard to come up with a second act that makes for a smooth transition.feedback

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