Steve Schwarzman on Entrepreneurship, China, and the New Wall Street

The Blackstone co-founder says that when he started out, “the phones never rang.”

Steve Schwarzman Says the 'Phone Never Rang' When He Founded Private Equity Firm Blackstone

“There is no net,” says Blackstone CEO Stephen Schwarzman. He spoke with Carol Massar and Jason Kelly about his new book on his career.

● Co-founded the giant private equity firm with Pete Peterson in 1985
● Worked at Lehman Brothers in the 1970s and ’80s
● A prominent Trump adviser, he’s also cultivated ties in China
● His new book is What It Takes: Lessons in the Pursuit of Excellence