Each month, “Ammirati on Innovation” episodes will look at ways that the disruptive-startup mentality is spreading beyond young entrepreneurs to big established corporations. Serial entrepreneur, venture capitalist and Carnegie Mellon B-school professor Sean Ammirati, who sits at the intersection of these high-change dynamics, provides insight.

Episode 12

In this episode: Sean says founders are some of the most creative and innovative people. They have a combination of intellectual courage that makes them pretty remarkable. He says Larry Ellison of Oracle, Larry Page and Sergey Brin of Google, and Mark Zuckerberg are the Mellons and Carnegies of this generation.

Sean says a crisis is a terrible thing to waste. He says he’s seeing it across his companies. These are businesses that he has investments in and it’s created real tailwinds.

Sean says Disney+ had a great quarter – and now they are catching up to Netflix. But Disney’s core theme parks are another issue.

Sean says airline companies have taken all of their profits and plowed them into stock buybacks. He says that puts them in a very weak position. Sean thinks that transportation is less important than it was before – and we’ll figure out a way to do it remotely.

He says SurfAir is a great example. They flew from regional airports, and he had a number of colleagues who were just fanatics about the SurfAir experience. But, he says, are we going to travel on airplanes are some point? He suspects they will.

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The Harland Highway

Podcast 97

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