We’re well-known in our sectors, so people bring us deals. Our principle sector is healthcare, though Zeta Global, a company that I started a couple years ago, is doing fabulously well. How do you decide which companies to invest in? We talked about the inevitability of change, the importance of relevance, the power of entrepreneurship, and about the difference between operating ethically and having a noble cause. Meanwhile, democracy – one of the ways capitalism is governed - is being undermined by one of the unintended consequences of technology: the blurred lines between truths and lies. Blackstone CEO Larry Fink’s call for companies to adopt a purposeis a sign that many leaders are re-thinking the role of business. I’m interested now in the question of the role businesses play in a society grappling with twin crises in democracy and capitalism. Capitalism itself seems at a turning point, burning too many resources and steering too much money to the people at the top. in January 1984 at a shareholder meeting in Cupertino, California, USA. Jobs, left and President John Sculley present the new Macintosh Desktop Computer. We talked a few weeks ago about entrepreneurial success, about companies’ responsibilities in the age of data, about how he identifies super-star entrepreneurs (the surprising answer is that he doesn’t) and about his age, and a little bit about those well-traveled subjects, Steve Jobs and Bill Gates.Īpple CEO Steven P. Pharmacy benefits manager RxAdvance’s revenue exploded between 20, from $500 million to $10 billion.Īnd Celularity, a cell therapeutics company, is an example of his influence: As vice chairman, he says, he helped raise the $250 million the company needed to start. Its data footprint is larger than LinkedIn’s, according to Sculley. Zeta looks at data from about 2.5 billion users whose information hits Zeta’s platform every month via publishing companies. Marketing platform Zeta Global, which works with about 1,000 large companies as clients, has one of the largest data sets in the country, behind Google and Facebook, Sculley says. Among those, according to our interview and his LinkedIn profile, are Zeta Global, RxAdvance, Celularity, PeopleTicker, Lantern Credit and FlexPharma. He says he is actively involved in about eight companies through a family office he runs with his wife, Diane Sculley. His second career as a super investor has spanned a longer time. But his CEO days were nearly 30 years ago now.
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