My firstminute with Jeff Immelt (Former CEO & Chairman GE, Venture Partner NEA)
My firstminute is a series of informal talks with global leaders sharing stories about the earliest days of their career, how they overcame some of their toughest challenges, and how they now enjoy supporting the next generation. On Tuesday 2nd June 2020, Spencer Crawley, Co-founder and General Partner at firstminute capital, hosted Jeff Immelt for a new edition of myfirstminute. Jeff Immelt is the former Chairman and CEO of General Electric, which he stepped down from in 2017 after 16 years. Jeff was the 9th Chairman of GE, and has been named one of the "World's Best CEOs" three times by Barron's, and GE has been named "America's Most Admired Company" by Fortune magazine and one of "The World's Most Respected Companies" in polls by Barron's and Financial Times. He now serves as a Venture Partner with our friends at NEA, sitting on the boards of several healthcare companies. Spencer spoke with Jeff about the earliest days of his career, his leadership lessons from running a company of General Electric's magnitude, and his views on healthcare, the pandemic and US/China relations. Spencer also explored the challenges that Jeff faced as a leader, and how he now supports the next generation of entrepreneurs, operators and investors.