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151. Voices of CEO excellence: Blackstone’s Stephen Schwarzman

Inside the Strategy Room

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Philanthropy - What Would You Do?

I like doing things for society that are good. I end up getting involved in projects that could help a lot of people at my team. You know, I was trying to solve the problem of how do we make the United States more competitive in technology. My perception was the US was falling behind. There was enough money going into it. But there was no government involvement. So how do I change that? Just accidentally I knew the head of MIT and was talking to him and talked about this need. This is like really a profound problem. And so I said, well, what would you do? He said, I'd love to double my computer science faculty,. Not just in conventional engineering

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