WEBVTT - Online Detectives Take Aim at D.C. Insurrectionists 0:00:00.040 --> 0:00:03.800 Global coronavirus infections falling dramatically, the US reporting the lowest 0:00:03.880 --> 0:00:08.799 number of daily COVID nineteen cases since March. Of worldwide 0:00:08.800 --> 0:00:10.880 infections for the week that ended on Sunday, we're also 0:00:10.920 --> 0:00:14.160 the lowest in almost three months, so certainly some good 0:00:14.200 --> 0:00:17.400 news when it comes to coronavirus. Joining us now is 0:00:17.520 --> 0:00:21.120 Dr Rachel Drew, a board certified a doctor of Natural medicine, 0:00:21.160 --> 0:00:24.680 also the CEO and co founder of Moody Health. It's 0:00:24.720 --> 0:00:27.920 a virtual health and wellness company. Doctor Drew, thanks so 0:00:28.000 --> 0:00:31.200 much for joining us. How are you this afternoon? Hi, 0:00:31.280 --> 0:00:33.919 thanks so much for having me. I'm doing fantastic. Thank you. 0:00:34.080 --> 0:00:36.479 Good to hear. Take us, Take us into what the 0:00:36.560 --> 0:00:39.000 last fourteen months have been like for you and and 0:00:39.000 --> 0:00:41.680 and for Moody Health. I mean, give us an idea 0:00:41.760 --> 0:00:47.000 of just how much business has increased because of the pandemic. Well, 0:00:47.520 --> 0:00:51.519 we've seen a dramatic increase of users and patients on 0:00:51.560 --> 0:00:55.680 our platform. Obviously, during the pandemic, when things were shut 0:00:55.720 --> 0:00:59.760 down and people were staying in, having access to virtual 0:01:00.040 --> 0:01:03.800 hair as well as virtual health and well being support 0:01:04.319 --> 0:01:08.960 was critically important. So the pandemic has really um skyrocketed 0:01:09.160 --> 0:01:14.560 us and really expanded our our platforms significantly over the 0:01:14.640 --> 0:01:18.640 last fourteen months. Dr dr do are you are you 0:01:18.680 --> 0:01:25.120 offering vaccinations? No, we're not. We're a truly virtual not 0:01:25.160 --> 0:01:30.520 even hybrid exactly. So we are a virtual platform that 0:01:30.680 --> 0:01:34.320 offers virtual care with every type of practitioner you could 0:01:34.360 --> 0:01:36.840 possibly want, so you can really get a holistic approach 0:01:36.880 --> 0:01:41.880 everything from traditional primary care to mental health, to complementary 0:01:41.880 --> 0:01:47.040 alternative life coaches, nutrition, as well as a streaming service 0:01:47.240 --> 0:01:51.880 and health memberships that allow a holistic approach to getting 0:01:51.880 --> 0:01:55.600 the support, guidance and tools you need. I'm really curious 0:01:55.600 --> 0:01:58.480 about the holistic approach because one thing that the pandemic 0:01:58.480 --> 0:02:00.960 has done, among the many things, is that it's shown 0:02:01.040 --> 0:02:04.240 us the disparities between many different types of people in 0:02:04.280 --> 0:02:06.840 the US and around the world. And indeed, we've seen 0:02:06.880 --> 0:02:10.960 those with higher COB comorbidities suffer worse fates when they 0:02:10.960 --> 0:02:14.520 do get sick with coronavirus. And I'm wondering if you 0:02:14.520 --> 0:02:17.520 can speak to the way that you perhaps think that 0:02:17.560 --> 0:02:20.960 we may start to actually think differently about taking a 0:02:21.000 --> 0:02:23.760 holistic approach to medicine. On the other side of the pandemic, 0:02:25.440 --> 0:02:29.280 it's such a critically important issue right now. You're absolutely right, 0:02:29.320 --> 0:02:32.600 people are really looking at their health from a different perspective. 0:02:33.200 --> 0:02:35.640 You know what we're seeing at MOTI Health and really 0:02:35.680 --> 0:02:38.959 within the industry of health and well being care is 0:02:39.000 --> 0:02:42.880 a higher level of interest and attention to preventive health 0:02:42.919 --> 0:02:48.120 and wellness, including mental health, and the pandemics really created 0:02:48.240 --> 0:02:51.359 a significant amount of stress and emotional strain on so 0:02:51.400 --> 0:02:53.920 many who are now also in need of mental and 0:02:53.960 --> 0:02:58.560 emotional health support. And you're completely correct when you're talking 0:02:58.600 --> 0:03:03.280 about the need for a holistic approach, more inclusive um 0:03:03.680 --> 0:03:08.280 abilities and access to people of all different backgrounds, and 0:03:08.360 --> 0:03:12.120 that's one of the reasons why a virtual health platform 0:03:12.320 --> 0:03:16.160 is such such a timely and important need right now 0:03:16.200 --> 0:03:21.720 within the industry. So having virtual access really does create 0:03:22.240 --> 0:03:25.720 more accessibility to people being able no matter what type 0:03:25.720 --> 0:03:28.520 of income, level of background, that you are, being able 0:03:28.600 --> 0:03:32.840 to have access to whole person care to really optimize 0:03:32.840 --> 0:03:35.800 your health and well being, not only during the era 0:03:35.880 --> 0:03:41.880 of COVID decreasing risk of getting COVID or becoming extremely 0:03:41.920 --> 0:03:44.640 ill from COVID, but also on the other side of 0:03:44.640 --> 0:03:48.080 the pandemic, to really optimize your health and well being 0:03:48.200 --> 0:03:54.000 so that you can experience health, wellness and really thrive 0:03:54.400 --> 0:03:56.720 as a human being is so important. But there is 0:03:56.720 --> 0:04:00.360 still this technology technological gap between many people in the 0:04:00.440 --> 0:04:02.520 United States, and we saw that really play out when 0:04:02.520 --> 0:04:04.640 it came to the way that people were scheduling and 0:04:04.800 --> 0:04:08.040 given access to vaccines. There were many people in the 0:04:08.120 --> 0:04:11.520 US who didn't necessarily have the technological know how in 0:04:11.600 --> 0:04:13.560 order to schedule those appointments. And I'm wondering how you 0:04:13.600 --> 0:04:19.159 account for that with a telemedicine service. Absolutely, yes, I 0:04:19.200 --> 0:04:21.560 mean I can relate to that. I had to assist 0:04:21.600 --> 0:04:26.479 my own parents try to schedule their vaccinations. It was, unfortunately, 0:04:26.680 --> 0:04:28.760 you know, a system that was rolled out very quickly. 0:04:28.960 --> 0:04:32.680 It was an emergency um you know response, and so 0:04:32.720 --> 0:04:36.880 it wasn't necessarily set up in the most accessible way 0:04:37.000 --> 0:04:39.719 to those who are elderly or those who didn't have 0:04:39.960 --> 0:04:43.839 access to a computer or a smartphone for example. So 0:04:43.920 --> 0:04:47.520 when it comes to platforms like ours, um, really all 0:04:47.560 --> 0:04:50.200 you need is Internet access and it's as simple and 0:04:50.400 --> 0:04:53.880 easy to use as something like a Facebook, right, So 0:04:53.960 --> 0:04:57.960 being able when it comes to health technology to make 0:04:58.000 --> 0:05:01.400 it more accessible, it's not only about having access to 0:05:01.440 --> 0:05:05.360 the physical platform, right, So that's Internet connectivity, but you 0:05:05.440 --> 0:05:10.200 really have to be designing the user experience for people 0:05:10.320 --> 0:05:14.240 of all different technology levels and skills, right, So, in 0:05:14.320 --> 0:05:16.320 order for those who are older to be able to 0:05:16.480 --> 0:05:21.039 use these types of um future more futuristic or the 0:05:21.080 --> 0:05:24.280 direction that we're moving towards in healthcare and well being 0:05:24.440 --> 0:05:28.320 using more virtual, using more high technology, we've got to 0:05:28.560 --> 0:05:31.560 build that out and create that with the user in 0:05:31.640 --> 0:05:34.479 mind and really meeting them where they are at their 0:05:34.560 --> 0:05:37.640 technical and skill set levels and being able to help 0:05:37.760 --> 0:05:41.360 them to have access in simple and effective ways. Dr. 0:05:41.440 --> 0:05:43.600 Do we only have about twenty seconds left, but give 0:05:43.640 --> 0:05:45.080 me an idea of some of the questions that you 0:05:45.120 --> 0:05:47.200 and your team are getting now as things start to 0:05:47.240 --> 0:05:51.839 open back up and vaccinations continue to roll out. Twenty seconds. Yeah, 0:05:51.880 --> 0:05:55.200 so for those who are already fully vaccinated, we're seeing that, 0:05:55.279 --> 0:05:57.280 you know, the idea of getting back to normal life 0:05:57.360 --> 0:06:00.640 is really exciting, and the question that we're getting a 0:06:00.680 --> 0:06:05.880 really focusing on preventative measures to stay healthy moving forward 0:06:06.160 --> 0:06:08.480 is a higher priority than it was pretty pandemic, and 0:06:08.520 --> 0:06:11.640 so people are really assessing it what it means to 0:06:11.680 --> 0:06:16.240 be healthy. Yeah, aly, emotionally right, I can certainly I 0:06:16.279 --> 0:06:18.400 can certainly relate to that. Dr Rachel do As, board 0:06:18.440 --> 0:06:21.160 certified doctor of Natural Medicine, also CEO and co founder 0:06:21.160 --> 0:06:24.360 of Moody Health, joins us on the phone from Los Angeles. Well, 0:06:24.400 --> 0:06:26.560 there are a few ways to get to space. You can, 0:06:26.800 --> 0:06:29.320 of course, become an astronaut. You could pay millions of 0:06:29.320 --> 0:06:32.320 dollars to hitch a ride, or you could be Jeff Bezos, 0:06:32.360 --> 0:06:35.640 who said earlier today on Instagram of all places, that 0:06:35.760 --> 0:06:38.320 next month he's going to space when his company, Blue 0:06:38.360 --> 0:06:42.880 Origin launches its first passenger carrying mission. Let's get right 0:06:42.920 --> 0:06:45.960 into it with Ed Ludlow, who's auto reporter and covers 0:06:46.000 --> 0:06:49.279 all things space and technology at Bloomberg News. He joins 0:06:49.320 --> 0:06:53.520 us from the Bloomberg nine six am studio in San Francisco. Ed, 0:06:54.279 --> 0:06:57.120 you know, when you think about going to space and 0:06:57.120 --> 0:06:59.760 and and and hitching a ride on a rocket ship, 0:07:00.320 --> 0:07:03.480 you maybe earth saying, Okay, well I'll do it, but 0:07:03.640 --> 0:07:05.840 I don't necessarily want to be the first one. Jeff 0:07:05.880 --> 0:07:09.160 Bezos not so much. Yeah. I mean, you know, his 0:07:09.440 --> 0:07:14.120 Blue Origin company have done fifteen consecutive successful tests, but 0:07:14.200 --> 0:07:16.280 all of those tests have one thing in common. They 0:07:16.320 --> 0:07:19.480 didn't carry any humans. Um, So I was joking a 0:07:19.480 --> 0:07:21.480 bit earlier with our colleague Matt Miller. I don't know 0:07:21.520 --> 0:07:23.240 whether it's a case of putting your money where your 0:07:23.240 --> 0:07:25.440 mouth is or your mouth where your money is. If 0:07:25.480 --> 0:07:28.040 you know what I mean. This will be the debut 0:07:28.040 --> 0:07:31.320 passenger flight for Blue Origin. You have to understand what 0:07:31.400 --> 0:07:34.080 kind of emission it is. It's an eleven minute trip 0:07:34.400 --> 0:07:36.960 up to the Common Line that's around sixty two miles 0:07:36.960 --> 0:07:40.480 above Earth a hundred kilometers. It goes through that launch 0:07:40.520 --> 0:07:43.600 sequence that we're familiar with with Blue Origin and SpaceX, 0:07:43.640 --> 0:07:45.920 where it takes off and over the series of a 0:07:45.920 --> 0:07:49.800 few minutes, the capsule that the rockets carrying separates. It 0:07:49.920 --> 0:07:52.520 has a brief period in low Earth orbit where it 0:07:52.560 --> 0:07:54.600 then kind of falls back down to Earth and land 0:07:54.680 --> 0:07:57.000 safely with a parachute. So it's not kind of deep 0:07:57.040 --> 0:07:59.880 space expiration we're talking about. It will be Jeff Bezos, 0:08:00.160 --> 0:08:03.280 his brother Mark Bezos, and then the eventual winner of 0:08:03.280 --> 0:08:05.760 an auction, and that the bid right now is at 0:08:05.760 --> 0:08:09.040 two point eight million, but it's open until mid June, 0:08:09.040 --> 0:08:11.400 at which point it becomes a one off live auction. 0:08:11.720 --> 0:08:14.280 The highest bid wins, so you'd expect that number to 0:08:14.320 --> 0:08:16.440 go up right two point eight million to go to space. 0:08:16.720 --> 0:08:18.640 It's like a bargain it does in plus to get 0:08:18.640 --> 0:08:22.440 a little FaceTime with Jeff Bezos, right right, exactly. And 0:08:23.240 --> 0:08:27.600 I'm wondering specifically about the billionaire space race here. Richard 0:08:27.640 --> 0:08:32.920 Branson has has Virgin Galactic. Of course Elon Musk has SpaceX. 0:08:33.040 --> 0:08:35.960 How significant is it that that Bezos is the first 0:08:36.000 --> 0:08:39.440 among the billionaires. It's significant, and it's a complicated story 0:08:39.720 --> 0:08:43.280 because all of those companies, Virgin Galactic, Blue Origin, and 0:08:43.320 --> 0:08:46.479 space X, they all have slightly different long term aims 0:08:46.559 --> 0:08:49.360 and they also have different success so far. So as 0:08:49.360 --> 0:08:52.160 I said, this is Luor Origin has done fifteen consecutive 0:08:52.200 --> 0:08:55.360 successful tests, but none of them carrying humans. So Jeff 0:08:55.400 --> 0:08:58.720 Bezos will be the first billionaire into low Earth orbit. 0:08:58.960 --> 0:09:01.520 But if you compare that space x is ambitions and 0:09:01.559 --> 0:09:04.520 what they've already achieved to day, they are significantly ahead. 0:09:04.600 --> 0:09:07.840 Right They've done more than a hundred five flights using 0:09:07.880 --> 0:09:11.440 Falcon rocket, They've done around fifteen test flights with different 0:09:11.679 --> 0:09:15.120 heights and static fire tests with Starship. Their ambitions are 0:09:15.240 --> 0:09:18.040 much greater. By the fourth quarter of this year, they 0:09:18.080 --> 0:09:21.240 want to do a multi day trip with the CEO 0:09:21.280 --> 0:09:23.840 of Shift for payments. For example, where he and some 0:09:23.960 --> 0:09:29.280 other passengers will literally go into orbit for our period um, 0:09:29.320 --> 0:09:31.920 if not longer um. You know, they they aim to 0:09:31.960 --> 0:09:34.360 do space excess is to do a lunar orbit by 0:09:35.080 --> 0:09:38.760 three using starship. That lunar orbit by space X is 0:09:38.800 --> 0:09:42.000 even more ambitious than NASA's own ambitions to get real 0:09:42.080 --> 0:09:45.200 astronauts to the Moon. Um. And and then in the 0:09:45.200 --> 0:09:48.600 middle some way you have Virgin Virgin Galactic where their 0:09:48.679 --> 0:09:52.280 billionaire owner Richard Branson should be the first passenger sometime 0:09:52.360 --> 0:09:55.040 later this summer. But that's a different kind of trajectory 0:09:55.080 --> 0:09:57.839 that that that vehicle takes. It's more like kind of 0:09:58.240 --> 0:10:00.599 taking a leap frog from a commercial or jetline and 0:10:00.679 --> 0:10:03.280 aeroplane into very lower for bit um. So you have 0:10:03.320 --> 0:10:05.240 to kind of put that into context. And what's the 0:10:05.400 --> 0:10:07.920 ultimate goal for for Blue Origin and how it's different 0:10:07.920 --> 0:10:11.679 from SpaceX and from Virgin Galactic. Yeah, it's actually very 0:10:11.720 --> 0:10:13.880 much the same. I mean, their business is split up 0:10:13.880 --> 0:10:15.520 in the same way that space X is that they 0:10:15.559 --> 0:10:17.920 have the payload side of the business rockets that carry 0:10:17.920 --> 0:10:20.400 things into space for third parties, and they have the 0:10:20.480 --> 0:10:23.760 space travel, the space tourism side um. You know, for 0:10:23.800 --> 0:10:26.240 SpaceX is part a lot of what we see when 0:10:26.240 --> 0:10:28.400 we do these launches on a weekly basis, that is 0:10:28.480 --> 0:10:32.200 Falcon carrying Starlink satellites or it's carrying payloads for NASA 0:10:32.280 --> 0:10:35.400 like last week. But their ambition is very clear. All 0:10:35.440 --> 0:10:38.319 of that stuff is secondary to human travel to Mars. 0:10:38.400 --> 0:10:40.640 Elon Musk has been really consistent on that, and it 0:10:40.720 --> 0:10:43.240 may be some time away, but he says that that 0:10:43.320 --> 0:10:46.360 is the mission statement for SpaceX. Last question, if given 0:10:46.400 --> 0:10:49.200 the opportunity, would you do it? I would. I have 0:10:49.240 --> 0:10:51.480 the same answer this every time. I actually respect Elon 0:10:51.559 --> 0:10:54.760 Musk who says that he would happily die on Mars, 0:10:54.800 --> 0:10:57.720 just not on impact. That's his his quote, right, So 0:10:57.800 --> 0:10:59.640 he wants to make sure that the technology works to 0:10:59.679 --> 0:11:02.319 get their safely, and he doesn't dine at crush landing. 0:11:02.320 --> 0:11:05.160 And I would like to see some success before I 0:11:05.160 --> 0:11:07.559 signed day. I'll be behind you. That's Ed Ludlow, auto 0:11:07.600 --> 0:11:10.000 reporter at Bloomberg News, joining us from the Bloomberg nine 0:11:10.080 --> 0:11:12.599 six am studio in San Francisco. Well. A story in 0:11:12.640 --> 0:11:16.440 the upcoming issue of Bloomberg Business Week magazine focuses on 0:11:16.679 --> 0:11:20.600 what are called the sedition hunters, amateur Internet sluice who've 0:11:20.640 --> 0:11:25.120 turned Washington, d C's insurrection on January six into the 0:11:25.240 --> 0:11:29.400 ultimate online man hunt. Joining us now is Politics editor 0:11:29.480 --> 0:11:32.400 for Bloomberg Business Week, Amanda Hurley. She's on the she's 0:11:32.440 --> 0:11:35.800 from joining us from Washington, d C. And David Yoffie Bellini, 0:11:36.000 --> 0:11:38.320 legal reporter for Bloomberg News, joining us on the phone 0:11:38.559 --> 0:11:41.320 from Washington. A man, it's hard to believe that it 0:11:41.440 --> 0:11:45.680 has been five months since the insurrection. And one thing 0:11:45.679 --> 0:11:49.200 that that just stands out to me about it is 0:11:49.360 --> 0:11:54.200 how much video footage there was of the event, watching 0:11:54.240 --> 0:11:56.080 it play out in real time here at work and 0:11:56.120 --> 0:11:58.760 then also afterward. And it turns out that this army 0:11:58.760 --> 0:12:02.480 of internet sleuths has used that footage to focus on 0:12:02.640 --> 0:12:08.640 finding and then sending to the FBI those who were responsible. Yeah, 0:12:08.760 --> 0:12:11.840 that's right. Um, as you said, there was no no 0:12:12.080 --> 0:12:16.600 shortage of footage as well as photos and social media 0:12:16.720 --> 0:12:21.160 posts from that day. Uh So, you know, it was 0:12:21.200 --> 0:12:25.440 so much raw materials for these uh you know, amateur 0:12:25.600 --> 0:12:29.240 sleuth to dig into and UM to to kind of 0:12:29.280 --> 0:12:32.760 try to you know, piece together and cross reference as 0:12:32.800 --> 0:12:36.439 they were trying to create their own picture of exactly 0:12:36.440 --> 0:12:40.240 what what happened that day. And UM tried to kind 0:12:40.240 --> 0:12:45.400 of identify some of the people responsible. David, how successful 0:12:46.040 --> 0:12:50.840 have these loosely affiliated group of people been. I think 0:12:50.880 --> 0:12:53.360 they've been very successful. I mean the way I became 0:12:53.400 --> 0:12:55.880 aware of these efforts as i'm I've spent a lot 0:12:55.880 --> 0:12:58.800 of my days pouring through the arrest affidavits they're released 0:12:58.800 --> 0:13:02.319 every time somebody's charged for their involvement in the Capital riot, 0:13:02.440 --> 0:13:06.079 and you periodically see the FED reference the sort of 0:13:06.720 --> 0:13:09.920 online man hunting effort to these sleuths in those official 0:13:09.960 --> 0:13:12.680 court papers, you know, saying you were able to put 0:13:12.679 --> 0:13:15.480 together evidence to identify this person because so and so 0:13:15.640 --> 0:13:18.000 on on Twitter made this discovery. And so that's a 0:13:18.040 --> 0:13:22.440 sort of powerful testament to how successful these groups of them. Well, 0:13:22.480 --> 0:13:24.480 as you point out in the piece, David, they don't 0:13:24.520 --> 0:13:27.640 have a perfect record when it comes to trying to 0:13:27.679 --> 0:13:31.320 identify people online. And you include an anecdote in your 0:13:31.320 --> 0:13:33.480 piece from the Boston marathon bombers, and it's one that 0:13:33.520 --> 0:13:38.840 I remembered as well, of suspects being misidentified, Um, what 0:13:38.960 --> 0:13:41.720 have they done to try to alleviate that risk a 0:13:41.720 --> 0:13:44.560 little bit? Yes, So I think as these sorts of 0:13:44.559 --> 0:13:48.320 crowd hunting efforts has sort of grown in maturity. As 0:13:48.360 --> 0:13:51.520 the Internet has evolved over the last decade, you've seen 0:13:51.559 --> 0:13:54.880 people sort of develop rules of the road for for 0:13:54.920 --> 0:13:57.400 these types of initiatives, and so some of the main 0:13:57.600 --> 0:14:01.720 Twitter accounts that kind of organized and Mollies sedition Hunting 0:14:01.840 --> 0:14:05.079 work urged their followers not to actually post the name 0:14:05.160 --> 0:14:08.120 of anybody online. You know, if you work out their name, 0:14:08.200 --> 0:14:11.600 report that directly to the FBI. Is what these groups advise. 0:14:12.120 --> 0:14:14.679 And you know, of course, there have been moments over 0:14:14.720 --> 0:14:17.800 the last few months where you know, sedition Hunters a 0:14:17.880 --> 0:14:21.280 deviated from that and have misidentified people publicly. It's impossible 0:14:21.320 --> 0:14:25.120 to control everyone, but I think over overall, um, the 0:14:25.160 --> 0:14:28.160 group has done a pretty pretty good job of stopping 0:14:28.280 --> 0:14:32.240 misidentifications from happening and sort of channeling these efforts in 0:14:32.320 --> 0:14:35.360 a more responsible way. I mean, what is it that 0:14:35.760 --> 0:14:40.720 that motivates this this group of people, Well, it seems 0:14:40.760 --> 0:14:44.760 like they have some of diverse motivations, um for some 0:14:44.960 --> 0:14:49.120 of them, you know, honestly being edelduce and during the pandemic, uh, 0:14:49.480 --> 0:14:52.800 you know, it was part of it. People were at home, uh, 0:14:52.960 --> 0:14:55.480 you know, kind of cooped up. Some people were out 0:14:55.520 --> 0:14:59.560 of work, and this was a project that they could 0:15:00.080 --> 0:15:04.240 really threw themselves into UH. And you know, obviously people 0:15:04.400 --> 0:15:07.800 felt UH. I think many of them felt a strong 0:15:07.880 --> 0:15:13.400 motivation towards justice and the sense that you know, they 0:15:13.880 --> 0:15:17.160 wanted to see these people brought to justice. And I 0:15:17.200 --> 0:15:18.680 think one of them said, you know, not just a 0:15:18.760 --> 0:15:21.320 token group either. You know, we want to see some 0:15:21.880 --> 0:15:26.640 everyone responsible brought to justice. UM. So you know, some 0:15:26.800 --> 0:15:30.400 of them feel I think angrier or more passionate than others, 0:15:30.560 --> 0:15:33.480 but it's it's a mix of motivations. David I was 0:15:33.520 --> 0:15:37.880 surprised to read in the piece the reaction that one 0:15:37.920 --> 0:15:41.160 of these online sluice had after he used technology to 0:15:41.280 --> 0:15:45.520 identify a podcaster from from Washington who was later charged 0:15:45.600 --> 0:15:48.080 for his role in the siege. This person pleaded not 0:15:48.240 --> 0:15:52.800 guilty UM, but the person who identified him had some 0:15:53.800 --> 0:15:57.080 some sympathy for him. Yeah, I think that. I mean, 0:15:57.160 --> 0:15:59.640 that's a I think that's an unusual reaction. First of all, 0:15:59.680 --> 0:16:01.760 I think that most of those tradition hunters doing this 0:16:01.840 --> 0:16:04.560 type of work probably don't sympathize that much with the 0:16:04.640 --> 0:16:07.680 people that they're turning into the set. But I think 0:16:07.720 --> 0:16:10.960 that particular case kind of illustrates the sort of intimacy 0:16:11.040 --> 0:16:13.480 of this kind of kind of work. Um. You know, 0:16:14.360 --> 0:16:17.280 when you're when you're tracking somebody online and learning as 0:16:17.360 --> 0:16:19.160 much as you can about them in order if they're out, 0:16:19.200 --> 0:16:22.000 if they're actually the person in the photo, that's a 0:16:22.120 --> 0:16:24.360 kind of sort of intimate experience, and you might get 0:16:24.360 --> 0:16:26.080 a sense of them as a fuller and more you 0:16:26.160 --> 0:16:28.440 once individual than you would if you just you know, 0:16:28.640 --> 0:16:32.320 read the court papers describing what they've done on January 0:16:32.400 --> 0:16:34.400 six the capital. So I think that's a little a 0:16:34.440 --> 0:16:36.680 little bit explains what was what was going on there. 0:16:37.040 --> 0:16:39.640 It's also certainly the case that you know, these people, 0:16:40.040 --> 0:16:43.640 the sort of online slews, you know, under understand that 0:16:43.920 --> 0:16:47.480 you know, there were bigger forces at play motivating the 0:16:47.520 --> 0:16:49.000 people who went to the capital, and a lot of 0:16:49.040 --> 0:16:51.680 them way more blame at the speed of President Trump 0:16:51.760 --> 0:16:54.360 and his his allies and they do it, you know, 0:16:54.640 --> 0:16:57.280 at the individuals who actually showed up. Um. So, I 0:16:57.320 --> 0:16:59.760 think it's that kind of combination of factors which produces 0:16:59.800 --> 0:17:03.440 that sort of, uh, surprising reaction. David, you mentioned that 0:17:03.520 --> 0:17:07.520 the core papers that you look through sometimes cited, uh 0:17:07.680 --> 0:17:10.200 that these folks who have spent so much time online 0:17:10.240 --> 0:17:15.000 trying to identify these insurrectionists, and I'm wondering how law 0:17:15.080 --> 0:17:19.639 enforcement officials feel about that. UM. I think they're they're grateful. UM. 0:17:19.800 --> 0:17:22.200 I mean when you talk to the FBI or the U. S. 0:17:22.200 --> 0:17:25.280 Attorney's Office in Washington working, they're constantly baying the drama 0:17:25.400 --> 0:17:27.840 need tips from the public. We need the public to 0:17:28.400 --> 0:17:30.680 help us as much as they can to identify these 0:17:30.720 --> 0:17:35.080 people because this is an investigation of really unprecedented scope, 0:17:35.160 --> 0:17:37.080 and there were so many people who showed up at 0:17:37.119 --> 0:17:40.600 the Capitol that day. UM that you know, any any 0:17:40.680 --> 0:17:45.360 help the government can get I think is really appreciated. UM. 0:17:45.760 --> 0:17:48.520 You know, obviously the government has investigated resources that an 0:17:48.600 --> 0:17:51.359 ordinary person doesn't have. UM. But there were still so 0:17:51.480 --> 0:17:54.960 many people involved in the investigation so complex that that 0:17:55.320 --> 0:17:57.560 the help of this sort of cloudsourcing, that's what is 0:17:57.560 --> 0:18:00.359 pretty important. I mean, I just want to end talking 0:18:00.359 --> 0:18:02.760 a little bit about UM. What the vice president of 0:18:02.880 --> 0:18:06.040 the A D. L or In Siegel told David Um 0:18:06.160 --> 0:18:09.719 that it could potentially set up a dangerous precedent here. UM. 0:18:09.840 --> 0:18:13.600 What did he mean by that? Yeah? I think, UM, 0:18:14.200 --> 0:18:18.679 touching on what you and David were talking about earlier. Uh, 0:18:18.880 --> 0:18:23.080 you know about the potential for misfires, right and for um, 0:18:23.560 --> 0:18:27.680 you know, putting uh, people's personal information out in the 0:18:27.760 --> 0:18:33.400 public domain. Uh. And you know, because of the unreeldy 0:18:33.520 --> 0:18:36.240 power of the Internet, you sort of never really know 0:18:36.440 --> 0:18:40.080 what's going to happen. I mean, um, and uh, it 0:18:40.160 --> 0:18:45.520 can definitely expose people to risk, whether they're you know, 0:18:45.680 --> 0:18:48.240 guilty or innocent. You just have to be really really 0:18:48.520 --> 0:18:50.959 careful about that. Well, it's a fantastic story and it's 0:18:51.000 --> 0:18:54.160 available in the upcoming issue of Bloomberg Business Week magazine. 0:18:54.160 --> 0:18:57.439 Amanda Hurley, Politics CD at Bloomberg Business Week, David Yoffi Belny, 0:18:57.680 --> 0:19:01.000 Legal reporter for Bloomberg News. Well, barely a week after 0:19:01.119 --> 0:19:04.480 the murder of George Floyd last year, soft Bank created 0:19:04.520 --> 0:19:07.439 the Opportunity Fund. This was a commitment to invest one 0:19:07.960 --> 0:19:11.920 million dollars in companies led by underrepresented racial minorities. And 0:19:12.000 --> 0:19:13.840 here we are a little over a year later, and 0:19:13.920 --> 0:19:17.119 SoftBank has already allocated half of the cash, and the 0:19:17.200 --> 0:19:20.560 company anticipates creating a second fund by the end of 0:19:20.640 --> 0:19:23.960 the year. Joining us now is Sarah McBride, venture capital 0:19:24.040 --> 0:19:26.760 reporter at Bloomberg Knew. She joins us on the phone 0:19:27.040 --> 0:19:29.439 from San Francisco. Sarah, I was just reading from your 0:19:29.520 --> 0:19:32.840 your story right there about SoftBank's Opportunity fund. What are 0:19:32.880 --> 0:19:36.639 the companies that it's so far committed to supporting. What 0:19:36.800 --> 0:19:39.720 has the bench and they are super diverse. UM in 0:19:39.880 --> 0:19:45.840 its portfolio are tens of companies from all around the country. 0:19:46.440 --> 0:19:51.680 There is a healthcare UM company that I spoke to 0:19:52.080 --> 0:19:59.200 for my fund. There's UM a company that UM developed 0:19:59.280 --> 0:20:06.720 software people operations called Gather. There are some education companies, 0:20:06.960 --> 0:20:12.719 really anything you can imagine in the diverse venture capital funds. 0:20:12.840 --> 0:20:18.199 The difference being that all the founders represent UH minorities 0:20:18.240 --> 0:20:22.760 that have had trouble attracting venture capital traditionally. Yeah, and 0:20:23.080 --> 0:20:27.320 these are these are minority entrepreneurs traditionally, as you point 0:20:27.359 --> 0:20:29.560 out in your piece, have have rarely had access to 0:20:29.840 --> 0:20:32.760 to seed capital. UM. You have the statistic that is 0:20:32.760 --> 0:20:36.560 absolutely startling here of those who receive venture capital from 0:20:36.640 --> 0:20:41.040 the years sixteen, only four two percent we're black Hispanic 0:20:41.119 --> 0:20:43.520 that's according to a Harvard Business School study. Does it 0:20:43.640 --> 0:20:48.040 look like that it's getting any better? I have to stay. 0:20:48.480 --> 0:20:52.880 Given all the initiatives that started last year, it has 0:20:53.000 --> 0:20:56.919 to be getting better. UM. The reason I looked at 0:20:57.000 --> 0:20:59.520 this a year later was I wanted to make sure 0:20:59.680 --> 0:21:02.520 that wasn't just talk that all the people who had 0:21:03.160 --> 0:21:07.240 come out and promised to focus on this issue were 0:21:08.040 --> 0:21:13.639 in fact doing so. And I'd say that spending down 0:21:14.440 --> 0:21:17.879 or allocating half of a million dollar fund in a 0:21:18.000 --> 0:21:21.359 year is a really good sign of progress. They weren't 0:21:21.400 --> 0:21:24.680 the only ones, they were just the largest. And I 0:21:24.880 --> 0:21:28.080 checked up on some of the others that also appear 0:21:28.160 --> 0:21:31.640 to be following through on their promises from last year. 0:21:32.280 --> 0:21:35.480 So I think a difference is being made. And soft 0:21:35.520 --> 0:21:39.520 Bank told me I spoke to a partner shoe THEATA 0:21:39.560 --> 0:21:45.159 who's uh taking the initiative on the Opportunity Fund, and 0:21:45.240 --> 0:21:48.119 he told me he thinks the biggest difference can be 0:21:48.280 --> 0:21:51.560 made at the seed in Series A stages, in other words, 0:21:51.680 --> 0:21:56.879 the very earliest stages, and that by giving money to 0:21:56.960 --> 0:22:00.680 such young companies, they hope that it'll make difference down 0:22:00.760 --> 0:22:03.080 the line. So I think it will only be able 0:22:03.119 --> 0:22:05.960 to measure success in a few years, but there's a 0:22:06.000 --> 0:22:08.720 big effort. Yeah. And as it goes with venture capital, right, 0:22:08.880 --> 0:22:11.200 the idea that is is and and look, and this 0:22:11.400 --> 0:22:14.479 is the idea of venture capital is you you support 0:22:14.520 --> 0:22:17.320 a lot of a lot of companies early on in 0:22:17.400 --> 0:22:21.280 their development, and by definition, many of them will not 0:22:21.400 --> 0:22:23.199 work out, and it's the home runs that end up 0:22:23.200 --> 0:22:28.280 being grand slams, right exactly. One of the more interesting 0:22:29.680 --> 0:22:32.720 firms that I spoke to UM comes out of Atlanta. 0:22:32.880 --> 0:22:38.280 It's called Collab Capital, and it's led by investors including 0:22:39.119 --> 0:22:42.440 Verry Gibbons, and he was taking a non traditional spin 0:22:42.520 --> 0:22:46.880 on venture capital and saying, look, the problem with under 0:22:47.760 --> 0:22:54.280 investment in black run firms isn't just the companies that 0:22:54.400 --> 0:22:57.600 aspire to be unicorns and grow into billion dollar businesses. 0:22:57.680 --> 0:23:01.440 It's also just regular business this around the neighborhood. They're 0:23:01.480 --> 0:23:06.119 having trouble getting capital too. So he's for his firm 0:23:06.760 --> 0:23:11.040 taking a look at companies that may be aspire to 0:23:11.160 --> 0:23:13.840 just have a few million dollars in revenue too, and 0:23:13.960 --> 0:23:18.000 also allocating money to them and just accepting some of 0:23:18.080 --> 0:23:21.399