[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I'm really excited to share with you
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,some findings that really surprise me
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,about what makes companies \Nsucceed the most,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,what makes factors \Nactually matter the most
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for startup success.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I believe that the startup organization
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is one of the greatest forms\N
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to make the world a better place.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,If you take a group of people \Nwith the right equity incentives,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,organize them in a startup,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you can unlock human potential
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in a way never before possible.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you get them to achieve \Nunbelievable things.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But if the startup organization is so great,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,why do so many fail?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That's what I wanted to find out.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I wanted to find out what \Nactually matters most
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for startup success.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I wanted to try to be systematic about it,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,avoid some of my instincts
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and maybe some of \Nmy misperceptions I have
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,from some of the companies\NI've seen over the years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I wanted to know this because\NI've been starting businesses
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,since I was 12-years-old
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,when I sold candy at the bus stop\Nin junior high school,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to high school, when I sold\Nsolar energy devices,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to college, when I made loudspeakers.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And when I graduated from college,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,started software companies.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And 20 years ago,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I started Idealab,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and in the last 20 years,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we started more than 100 companies.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Many successes, and many big failures.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We learned a lot from those failures.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So I tried to look across what factors
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,accounted the most for company\Nsuccess and failure.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So I looked at these five.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,First, the Idea.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I used to think that \Nthe idea was everything.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I named my company Idealab\Nand how much I worship
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the "aha!" moment when you first\Ncome up with the idea.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But then over time,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I came to think that maybe the team,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the execution, adaptability,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that mattered even more than the idea.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I never thought I'd be quoting\Nboxer Mike Tyson on the TED stage,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but he once said,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,"Everybody has a plan, until they get\Npunched in the face",
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and that's so true about business as well.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So much about a team's execution\N
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is its ability to adapt to getting punched\Nin the face by the customer.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The customer is the true reality.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And that's why I came to think \Nthat the team
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,maybe was the most important thing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Then I started looking\Nat the business model.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Does the company have a very clear path
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,generating customer revenues?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That started rising to the top\Nin my thinking
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,about maybe what mattered\Nfor success.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Then I looked at the funding.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Sometimes companies received\Nintense amounts of funding.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Maybe that' the most important thing?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then of course,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the timing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is the idea way too early, \Nand the world's not ready for it?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is it early,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,as in, you're in advance
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and you have to educate the world?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is it just right?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Or is it too late, and there are\Ntoo many competitors?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So I tried to look very carefully\Nat these five factors
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,across many companies.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And I looked across all 100\NIdealab companies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and 100 non-Idealab companies
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to try and come up with something\Nscientific about it.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So first, on these Idealab companies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the top five companies--
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,citysearch, CarsDirect, overture,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,NetZero and tickets.com--
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,those all became billion dollar successes.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And the give companies on the bottom --
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Z.com, insider pages,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,myLife, Desktop Factory, People Link--
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we all had high hopes for,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but didn't succeed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So I tried to rank across all \Nof those attributes
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,how I felt those companies scored\Non each of those dimensions.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then for non-Idealab companies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I looked at wild successes,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,like airbnb and Instagram and Uber
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and Youtube and Linkedin.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And some failures:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,webvan, kozmo, pets.com
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,flooz, friendster.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The bottom companies had intense funding,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,they even had business models,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in some cases,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but they didn't succeed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I tried to look at what factors
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,actually accounted the most
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in success and failure across\Nall of these companies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and the results really surprised me.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The number one thing was timing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Timing accounted for 42 percent\Nof the difference
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,between success and failure.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Team/ execution came in second,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and the idea, the differentiability \Nof the idea,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the uniqueness of the idea,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that actually came in third.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now, this isn't absolutely definitive,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's not to say that \Nthe idea isn't important,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but it very much surprised me
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that the idea wasn't t\Nhe most important thing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Sometimes it mattered more when \Nit was actually timed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The last two,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,business model and funding,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,made sense to me, actually.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I think business model made sense \Nto me that low
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because you could start out\Nwithout a business model
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and then add one later
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,if your customers are demanding\Nwhat you're creating.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And funding, I think as well,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,if you're underfunded at first\Nbut you're gaining traction,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,especially in today's age,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's very, very easy to get\Nintense funding.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So now let me give you
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,some specific examples \Nabout each of these.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So take a wild success like airbnb,\Neverybody knows about.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Well, that company was famously\Npassed on
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,by many smart investors
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because people thought,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,"No one's going to rent out\Na space in their home
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to a stranger."
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Of course, people proved that wrong.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But one of the reasons it succeeded,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,aside from a good business model,\Na good idea,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,great execution,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is the timing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That company came out\Nright at the height
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of the recession.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,People really needed extra money,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and that maybe helped \Npeople overcome
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,their objection to renting out\Ntheir own home
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to a stranger.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Same thing with Uber.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Uber came out,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,incredible company,\Nincredible business model,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,great execution, too.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But the timing was so perfect\Nfor their need
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to get drivers into the system.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Drivers were looking for extra money,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it was very, very important.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Some of our early successes, city search,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,came out when people needed web pages.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,goto.com,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,which we announced at TED in 1998,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,when companies were looking for
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,cost effective ways to get traffic.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We thought the idea was so great,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but actually, the timing was probably
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,even more important.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then some of our failures.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We started a company called Z.com,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it was an online entertainment company.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We were so excited about it --
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we raised enough money,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we had a great business model,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we even signed incredibly great\NHollywood talent
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to join the company.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But broadband penetration\Nwas too low in 1999-2000.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It was too hard to watch\Nvideo content online,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you had to put codex in your browser\Nand do all this stuff.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We actually went out of business in 2003.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Just two years later,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,when the codex problem\Nwas solved by Adobe Flash
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and when broadband penetration\Ncrossed 50 percent in America,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Youtube was perfectly timed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Great idea, but unbelievable timing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Youtube didn't even have\Na business model
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,when it started.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It wasn't even certain that \Nthat would work out.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But that was beautifully, \Nbeautifully timed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So what I would say, in summary,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is execution definitely matters a lot.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The idea matters a lot.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But timing might matter even more.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And the best way to really assess timing
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is to really look at whether consumers\Nare really ready
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for what you have to offer them.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And to be really, really honest about it,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,not being in denial about\Nany results that you see,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because if you have something you love,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you want to push it forward,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,be very, very honest about \Nthat factor on timing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,As I said earlier,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I think startups can change the world
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and make the world a better place.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I hope some of these insights can\Nmaybe help you
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,have a slightly higher success ratio,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and thus make something great
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,come to the world
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that wouldn't have happened otherwise.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Thank you very much,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you've been a great audience.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Applause)