Evidence receipt / belief
Published · transcript-backedDavid Rubenstein: belief
17 Nov 2021 Conversations with Tyler David Rubenstein on Private Equity, Public Art, and Philanthropy
“I think that most talented people right now — probably a lot of those people are going into entrepreneurial startups, which you could argue that’s financial, but basically, they’re entrepreneurs.”
Source trail
Everything needed to verify it.
- Speaker
- David Rubenstein
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 17 Nov 2021
- Publisher
- Conversations with Tyler
Transcript context
…Does the financial sector draw too much talent away from the rest of the real economy? Well, I’d say the financial sector is part of the real economy. It’s a large part of the United States economy, so there’s nothing wrong with the financial sector getting very talented people. But there are plenty of talented people in lots of places. The academic world has talented people. The sports world has talented people. Lots of talented people in many different areas, so I don’t think the financial service world is getting too many talented people. I think that most talented people right now — probably a lot of those people are going into entrepreneurial startups, which you could argue that’s financial, but basically, they’re entrepreneurs. It used to be, people wanted to go to Goldman Sachs or Blackstone or Carlyle or McKinsey. Now a lot of people coming out of the best colleges — they want to do a startup. What fraction of the financial sector do you think is zero-sum?…
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