emily: welcome to a special edition of "bloomberg technology ." i am emily chang in san francisco. i have been saying basically those very words at the start of every show for the last 10 years. exactly 10 years ago today, we launched our first show from our studios on the embarcadero to cover how technology was changing the world. the cofounder of netscape was

our very first guest. he had just started a venture capital firm that promised to shake up silicon valley. four kids and about 2600 shows later, technology is still changing the world, now faster than ever. over the next hour we are going to look back on the decade that was i look ahead to the decade that comes, including special guests, including my first guest on studio 1.0. aileen lee, the tech investor who coined the term startup unicorn. and nikesh arora, who also joined us on our first show, later moving to softbank and then becoming ceo of palo alto networks. they will share their visions for the biggest tech disruptions to come. but first, here are some clips

of our most memorable interviews over the last 10 years. now, once you get people connected, once you have the power to reach them, how do you use that power? >> for us, it's really all about enabling people could the internet helps connect people to the modern economy. if we can help do that, then that is amazing. emily: with all that we know now, do you believe facebook played a decisive role in electing donald trump? >> the overall picture here, i do not think anyone knows yet. but is an important question and one that will be studied for years to come. where we are focus now is taking lessons of past elections and making sure we apply them going forward. emily: how would you characterize tim cook's apple versus steve job's apple? >> steve's dna will always be the dna of apple. it is deeply embedded in the company and we celebrate it and it should be like that and should stay like that. emily: what do you think the

tech industry is doing wrong that makes so many people wonder are they too big, too powerful, and abusing that power? >> competition is good. more importantly, it is not just competition, but that is that point i made earlier which is you need to have a business model that really is aligned with the world doing well. emily: much more to celebrate this hour on this 10 year anniversary. first we're going to look at the markets with our own ed ludlow. i have had a lot of had -- haircuts over the last 10 years. tell us about the day intact today. ed: risk-on modi markets. best day for u.s. equity since june. rebound in technology stocks at the center of that. s&p 500, up around 2.5%. the nasdaq 100, a very tech heavy index, outperforming. apple, the biggest point mover. it had a horrid week last week,

but rebounding. i want to talk about zoom. reporting after the bell a huge surge. the pleasing thing for investors is zoom, which has found such relevancy during the coronavirus pandemic, sees that gain in growth carrying on through 2022. not at the same level, but still top of mind. so that is really bullish resume. emily: kind of fitting that tech is having such a bullish rebound today. i feel like we have been asking the same question over the last 10 years, are we in a tech bubble? and we are still asking that question. ed: if you were an investor watching that first show 10 years ago and you put your money in big tech, you would be laughing. if you look at all the major indices that track tech stocks relative to the s&p 500, the biggest outside performance -- that basket of mega cap tech stocks. when you first started the show that was not a single $1 trillion company. now we have four. the index on your screen, up

more than 600% over the last 10 years. really dwarfing the s&p 500. can you guess what the top performing stock on the s&p 100 has been over the last 10 years? emily: ooh, you are testing me. i feel like i have to say tesla. if it is not tesla, i missed something. ed: of course it is tesla. you interviewed elon musk in 2012, and since then the stock has gained an astonishing almost 15,000%. when you put its gains side-by-side with the other best performers on the nasdaq 100, it puts things into context. things like amazon and netflix, which have -- the gain in tesla is astonishing. these are names that treated on the index for some time. tesla has only really become mainstream in the last few years as they ramp up production. i thought that was one you might like to back -- think back on. emily: he also found an old clip

of an old interview with elon, which i appreciate. ed: yeah. i quickly want to talk about ipo's asd well. i wanted to ask you, if you look at the list of biggest offerings at the time of ipo, what was the most memorable one? what stands out to you? emily: you know, i remember, gosh, maybe because it was one of the first big tech ipo's i covered was standing outside of facebook in 2012 when they went public on the nasdaq. it was such a crazy day. i don't know if you remember, the stock had issues with trading on opening day, a lot of drama. but yeah, so many over the years. ed: happy anniversary to you, emily. and thank you for having me along for the ride. emily: thank you, ed. it is so good to have you and i hope you will be here for many more years to come. bloomberg's ed ludlow in the studio. coming up, so much more.

the tech investor who coined the term startup unicorn. we are going to speak to cowboy ventures founder and imaging partner -- and managing partner aileen lee about whether we need a new standard for unicorns. they are a little less rare these days. that is next. this is bloomberg. ♪ is bloomberg. when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store.

>> sukhoi it is very successful but you have no women partners. what do you think your responsibility is there? >> the issue begins in the high schools. and where women, particularly in america but also europe, tend to elect not to study the sciences when they are 11 and 12. so suddenly the hiring pool is much smaller. emily: so you think it is a

pipeline problem? some would say you are not looking hard enough. >> we look very hard. what we are not prepared to do is to lower our standards. emily: do you think women should try to, for lack of a better word, integrate into male- dominated funds, or should they start their own thing like aileen lee did with cowboy? >> i think it is great that people are starting their own firms. i think it will take women found the next facebook. finding the next twitter, or the next google. and that is going to be what turns people around. and we have to get as many of those people out investing and give them opportunities in order to let that happen. emily: over the last decade, silicon valley has faced a reckoning on gender and race. we saw several women investors leave to chart their own path.

one of them was aileen lee, who went on to found cowboy ventures in 2012, and later cofounded another with three dozen women investors, all while making success on the future of technology herself. aileen lee is with me now. thank you so much for joining us. so glad to have you on this special show day. aileen: i know, happy work anniversary. it is exciting. so happy to be here. emily: thank you. it is great to have you. i want to start with one of your first big moves after you founded cowboy, which was the coining of this term, startup unicorn, to refer to tech companies that hit a $1 billion valuation within 10 years. it has taken on a life of its own. did you ever think it would become that big? aileen: no, i definitely did not. i remember doing the analysis and writing the blog post, and i was at a tech conference and flying back on the plane with a

bunch of friends in tech. i show the draft to a couple of people. do you think this is interesting? the guy next to me was like, yeah, it's ok. so, definitely not this is going to be huge, this is a great name, way to go, kind of moment. emily: clearly it has been more than ok, and now they were 39 unicorns a decade ago. now there are more than 500. what does that tell you? aileen: well, to be fair, the first analysis was just the u.s. the 500 number does include global, which i think is almost half of the list. let's say it is 250 in the u.s. roughly. but yeah, obviously there's a lot of merit to the phrase. i think just the markets are global, they are bigger than i think we would have guessed. and it's just exhilarating sadly because of covid --

accelerating, sadly because of covid i think. emily: we will talk about that in a second, but because unicorns are now a little less rare, do you think we need to move the goalpost at all? should we be talking about $2 billion, $5 billion, or $10 million? aileen: what is the name for a $1 trillion company? when i did the analysis there were no one trillion dollar tech companies, and now there are at least two. but no, building a $1 billion company is still very rare and very hard. so we can come up with other unknowing terms that are even bigger than $1 billion, but as a person who works with tiny startups, a lot of them, i know what a big milestone it is and how much work it is to get from $1 million to $10 million in revenue and on and on. it's a huge team effort. even when you have the most incredible people in the most incredible idea, sometimes people do not make it, even if

they have the best of intentions. emily: there are now four $1 trillion companies, they are all tech companies. we are going to talk about some of those later in the hour. which brings me to, now that you are here, where are you placing your bets? what do you think the unicorns of the next decade are going to be? whether it is specific companies or the sectors they will be in. aileen: i guess i will use this opportunity to clarify, i think when i started cowboy eight years ago, i think there was a belief we would only invest -- which we do love doing, or we would only invest in consumer. because i'm a woman, therefore i only know how to work with women. we do invest, and we invest in a lot of enterprise software companies, infrastructure, security, developer tools. there is so much opportunity in both. it's been -- we have some

exciting consumer stuff going on about five or eight years ago, then it has been a little dry. but there is a whole new ways in consumer coming up, which is very exciting. a couple companies we invested in are early companies that launched last week and we are very excited about new social with privacy built-in from the beginning, new communities. in enterprise there is so much opportunity, especially in financial services, learning, education and health care. those areas we are really going to lean into. unfortunately covid has caused so much suffering around the world, it is causing a lot of industries to embrace technology in a much faster pace than they would have otherwise. emily: it is interesting, and i am sure interesting for you to look back on those interviews -- aileen: when you played that, my heart was beating. [laughter] emily: well, here we are. when you left cowboy -- i mean

when you left kleiner in 2012, that was a radical move. women were not doing this. i am curious how you reflect on that decision now. aileen: i was reflecting on at a little bit, because you are at your 10 year anniversary, i am almost at my eight year with cowboy. at the time, i was one of the only women to found a firm. we started around the same time. being a solo gp was a really big deal. how is that going to work? i don't know, i don't do that. explaining seed was a thing. there were some great feet runs but not a lot, so exploiting this new category called seed which was kind of a move from a to seed. so a lot has really changed in the last eight years. but i love the job of working with early-stage founders. and i am so grateful to have

worked at kleiner and worked for incredible people and learned a lot, but it felt like a good time to move earlier and kind of start over. in retrospect, it was a chance for me to build a much more personal business, where i think hopefully we are building a firm where people can really be themselves. maybe some of the things i have done, i would not have done if i was in a bigger shop, mark self can't -- more self-conscious about what you're saying and people are paying a lot more attention. emily: speaking of all raise, according to your latest report, women make up 12% of decision-makers. women-founded startups get 11% of funding. i know that is like, slightly better than it was a few years before that, but i assume you do not think those numbers are good enough. aileen: no. we have so far to go. we have said from the beginning this will be at least a 10 year journey if not longer, because

moving the numbers takes a long time. i'm hopeful, because i think there is much more sensitivity now than there was a few years ago about this and equity. -- this inequity. i'm hopeful the next generation of founders when they are found in the company, instead of it just being the guy you have lunch with at work or the guy you live with, you are saying i want to build the best possible company, so let me recruit the founding team and founding employees that represent all concert backgrounds so i can recruit all concert people and have different voices around the table. i think we are still making progress on that front. culture is a leading indicator before numbers, so we have a long way to go. emily: i sat down with arlen hamilton and other venture capitalists who spoke of investing in women, people of color, lgbtq, only. take a listen to a clip of what she had to say. >> the thesis is, if they are

doing things with so little, what happens when we give them more? so i took that and decided to invest in women, people of color, and lgbtq founders. emily: what if you found the next mark zuckerberg and he does not fit into those categories? you just let him walk away? >> absolutely. sorry, that is actually funny. i have zero problems watching another mark zuckerberg walk away. emily: aileen, still today we think of it tech visionary, so many people think of someone who looks like mark zuckerberg. what are we going to think when we think of a tech visionary a decade from now? will the stereotype, will that image have changed? aileen: i do think founders today are different. there's a really hot startup adding a ton of attention right now, and the ceo, we had a conversation last week, and he

said i don't want to build a company like people did 10 years ago. i want to build a company where i would love help, making sure that i have people of color and women on my executive team, on my board, in my company from the beginning. can you help me with that? i think that is where the world is going. smart founders know that that is the best and healthiest way to build a resilient company. and we are seeing that with firms. yes, we have a long way to go, but i think firms realize -- they pretended there was no problem and that the problem was a pipeline for a long time, and they are realizing that their networks are pretty homogenous. and that by bringing in women and people of color to the managing partner ranks, they will be able to attract and demonstrate to founders that they will help them build healthy companies. so i am hopeful that is changing, and that the next set of mark zuckerbergs will be different. emily: if the next set of mark

zuckerbergs do get that chance, how do you think the tech industry will be different in a decade? if more women get a chance to found facebook, and people of color get a chance to found google or the next apple or amazon? does the world change? aileen: yes, completely. i think it will change a ton. when you look at the societal impact both on people's daily lives of these tech products, but also look at the intergenerational wealth and societal impact made by people like jeff bezos or michael bloomberg. imagine if women or people of color were half of that kind of wealth. what kind of projects would be funded? i think innately the tech products will be more equitable. like, people will not be bullied online is much, women will not be treated like crap so much on digital environments because they will be part of building the product. so, i think it will be better

for everyone. there will be more fairness. i'm not saying everyone will be a billionaire, but it will be better. emily: the cofounder of twitter told me he believes if more women had been involved in creating and starting twitter, that online harassment would not be as big a problem. aileen: exactly. emily: i thought that was quite telling. eileen -- aileen, thank you so much for joining us. i hope we have a date a decade from now where you can come back and talk about tech. [laughter] aileen: happy work anniversary. i am so excited to be a part of this for you. emily: thank you. thank you, aileen. aileen lee, founder and managing partner of cowboy ventures. of course we will be watching to see how they change things this decade. coming up, a decade of debuts. we are going to bring you to the floor of the new york stock exchange, where some of the

biggest tech companies hit the public market. that is next. this is a special edition of

emily: in terms of users, some people come to twitter and are little confused. it takes time to figure out who to follow. how do you improve that to get to $1 billion? >> one of the fascinating things about twitter is once you get it, it becomes indispensable to you. i talked to a few people this morning who say i get up every morning, it is the first thing i do, and it's an indispensable companion for me. emily: someone suggested a joint venture with amazon. would that ever happened? >> i have only heard about this from you. i would be interesting and talking as always. anything, anybody involved with helping small businesses. emily: a lot of people are looking at square as an example these private tech unicorns are overvalued.

what do you think? >> i'm not an economist. we have an economist on our board. you should talk to him. emily: you have some investors who think it might be more like an ebay. there are questions of how big the ride-hailing market can be. how do you deliver on the amazon front? >> we have to execute. amazon went beyond a bookseller to other categories of retail. we are doing the same thing. i think the ones who bet on us long-term are going to be happy. emily: those are just some of the ceo's i have had the opportunity to speak with over the course of 10 years here at "bloomberg technology." numbing up, we are going to speak to a few more. a very special guest, nikesh arora, who appeared on our debut show exactly 10 years ago. now he is ceo of the cybersecurity firm palo alto networks. also coming up, the linkedin cofounder, one of the earliest

investors in facebook and airbnb. . where will he be placing his bets in the next decade? we will ask. this is bloomberg. ♪ s bloomberg. ♪

>> i am so proud of our team. it has been such a journey. for those first people that believed in us and subscribed to this radical idea of the woman making the first move, they have been words of this home. they have given me courage and confidence and motivation along the journey. >> we just got indication on your opening price. it opens at $139 per share. that is more than double what you priced at. are you at all concerned about that number? what about the potential that

you are leaving billions of dollars on the table? >> that is the first time i heard that number. in april, we raised money and that price would have priced us around $30. i don't know what else to say. i am very humbled by. >> we have seen a large number of high-profile ipos more than doubling on opening day. do you see something wrong with that picture? >> absolutely. i think all of those copies could theoretically be hot accountable for violating a fiduciary duty -- held accountable for violating a -- i think that all of this company's could theoretically be held

accountable for violating a fiduciary duty. >> it has been allowed ride for tech companies. newly public up is like airbnb and bubble are valued at more than twice their opening prices. what does that signal about markets in the next decade? joining us to discuss is a very special guest. the previous coo of softbank and google to fitness officer. -- chief business officer. i want to start with the public markets given everything you have seen from ago to softbank. now, you're running a public company, do you think we are in a bubble that is about to pop? >> i remember being an analyst in 1999 and looking at the markets. i think the markets had their expectations but i think today,

it is slightly different. if you look at where interest rates are in the pandemic, money is cheap. u.s. evaluations slightly ahead of where they need to be. i think we're going to the golden era of tech. i think this will be even more tech enabled. some of the evaluations may be ok. i think we putting a lot of her expectations into the stock. this will normalize but i think some of them will just ride this out. >> why do you think the next 10 will be more than -- more golden than the last? >> if you look at the pandemic we just went through, it proved that every company that is doing well right now, everyone of their customers, everyone that

has emerged intact, people are tech savvy and tech first. whether it is doordash or uber eats or instacart, all of these things that will have to go through a technology adoption curve have had dire expectations changed. luke adds him -- look at zoom. they are basically changing consumer sentiment because of behavior and forcing all the brick and mortars to drive a huge amount of demand. emily: you have been on the show a few times over the past decade. when i went back to look at that interview, i thought does google have too much power?

google's power has been scrutinized now. i am wondering if you think that google is a monopoly. >> there are many tech companies that have become large. facebook, google, apple, all of these companies have seen large amount of consumer adoption of their product. i think there are certain parts of all of their businesses that need to be looked at because there is a new order. 10 years ago, i remember being on your show and it was deemed as a challenge. there are certain parts of the order that need to be scrutinized emily: the power of big -- scrutinized. emily: the power of big tech in general, do we need more regulation of facebook, apple and google? >> i do being big is bad.

as long -- i don't think being big is bad. as long as people are not being held captive to certain types of technology. we have global companies around the world in 100 plus companies -- countries. you're going to get many more chilling other companies. i don't think tech is bad per se. i think certain parts of that business where if they have a strong hold on a certain market, that should be looked at and the regulation has never been great for anyone. some degree of self-regulation perhaps? so that everybody is getting a fair playing field but i don't expect large-scale breakups or regulation across big tech. >> he calculated that the palo alto shares are up almost 800% over the last decade.

i want to talk about the cyber landscape. we are unwinding the biggest hack in world history. the solarwinds hack. are we ready for the next big cyber threat? where is that threat going to come from? >> if you follow on from the notion that the next 10 years is going to be just as big as the last 10, we are creating even more infrastructure. not everybody is just ready for something to hack them. i think we will get bigger hacks in the future. 2020 had the most amount of cyberattacks we have ever had in history of cybersecurity. you are seeing the people working from home, every company being accessible from every part of the world. you're increasing the surface area of the enterprise. i think you're going to see

continued spending on cybersecurity just as you will see a surge in the requirements of software. emily: the pandemic has tested all of us. i am curious how it has impacted your leadership over the last 10 years and how you plan to create the workplace of the future now that you have learned what you have learned. >> when the pandemic hit, i was advised to spend much more time with the teams. i spent 50% of my time talking to employees and doing one-on-one meetings. part of that has been trying to make people feel secure and comfortable because people are going through a lot in their lives right now personally and professionally. people are relatively happy but

i think we are going to have to come back to some sort of normal. we have been building a program called flex work. in that context, people will come back to work. we will end up with some sort of a hybrid outcome at the end of the pandemic. emily: we will have you back many times over the next decade. coming up, more on this special edition of bloomberg technology. we will look at amazon's empire and how it has changed over the last 10 years with the biggest tech deals of the decade. this is bloomberg. ♪

>> it worked like magic. > in 2011, apple was on a roll. products that caught fire including the macbook air, a thinner, faster ipad and the iphone 4s which introduced us to siri. >> all right, here is a place matching on the day. >> it was also the last time visionary steve jobs took the stage. 2012 marked nobility, the launch of lyft and google brought you a driverless car. 2013 saw a virtual world dominate, the sony playstation 4 made a splash and google debuted glass but with the price tag of $1500, you can say the glass never went mass. we all needed a little help in the form of amazon's alexa. >> the time is 3:27.

>> alexa offered real-time information and follow commands. >> alexa, and wrapping paper to shopping list. >> 2015 was all about the heavens. falcon nine successfully landed back on earthrking a major achievement in reasonable engines. -- reusable engines. in 2016, more wearables give us apple air pods. in 2017, tesla's model three changed the conversation around electric cars, making it more accessible and design wise, more desirable. if it was a convertible you are after, it was ultralight and versatile as a selling point. >> where you can use it at your

desk or on your lap. >> disney plus debuted, quickly becoming arrival to netflix. in 2020, the year of the pandemic, uber eats generated $4.8 billion in revenue and peloton sales exploded, bolstering the home fitness industry. it all brings us to 2021 where we can expect more clouds, more ai, more quantum computing and more. and that $100 in bitcoin you bought a decade ago is worth around $5 million. ventilations -- congratulations. emily: in addition to bitcoin, amazon has also aged well. in the last 10 years, the company has exploded inside in addition to growing its e-commerce business, they have built out logistics centers and amazon web services powers a

significant part of global business. this year will be another turning point for the company with the announcement that jeff bezos will be stepping down as ceo. here to be capital is brad stone -- recap it all is brad stone. what will the next 10 years of amazon look like? brad: 10 years ago, when a little show called bloomberg west got its start, amazon had three 5000 employees, and $80 billion market cap and now -- 35,000 employees and $80 billion in market cap. now it has 1.6 trillion in market cap. i think it is a more international company. i think it branched out in robotics. the big question is around jeff

bezos. we don't know how fully he is withdrawing and if he does withdraw, how much of amazon's innovativeness has come from him versus the culture of innovation that he started. how active will jeff bezos be? that is probably something only he knows and we will have to see. emily: speaking of innovativeness, we have tried to see tech companies by innovation -- buy innovation, whether it is facebook buying instagram or whatsapp. what are the biggest tech deals of the last 10 years telling you? brad: it tells us a few things. maybe these comedies are not as creative as they would like us to think. the defining moves have been these deals. you mentioned a couple from

facebook, microsoft buying linkedin. amazon tried to get into groceries, microsoft tried to put the social side a long time -- alongside its productivity software. it is really about how these copies have set up their acquisitions. if you look at linkedin, there were a couple of promises that microsoft was going to integrate the product into that office or window. it has not but the link india has been a big success -- linkedin deal has. been a big success if you look at -- the linked in deal has been a big success. a playbook has been derived for these deals and when these big tech buddies make his purchases, they don't meddle and screw up the magic of the startup that

was achieved in the first place. emily: since you mentioned slack, i thought i would take a look back at one of the -- my favorite moments of the last 10 years, that is when i was on television with you and stored butterfield and we got a visit from a very uninspected guest -- stuart butterfield and we got a very unexpecteduest. >> good to see you. emily: that is one of my favorite all times -- favorite moments of the last 10 years. i am so glad you got to share that with me. brad: i had no idea who he was until you blurted it out. emily: speaking of deals, do you think we will see more deals like slack getting bought or more breakups? big tech, apple, amazon,

facebook are all being examined by the governments around the world. what will define the next decade? brad: i think it is more of the latter than the former. there are so much scrutiny that i don't think we can really expect to see yield on the scale of facebook buying whatsapp or google buying youtube or amazon buying whole foods. there is too much scrutiny and i think the biden administration is taking up the mantle of this bipartisan consensus that the big tech openings have gotten too big. as for breakups, merrick garland is the new attorney general and he is someone who has talked antitrust and written about antitrust. we don't know who the deputy will be. you can expect not full-fledged makeups like at&t in the 70's but some scrutiny unwinding these big deals. emily: so much for you and i

took cover over the next decade. brad stone, think you for joining us on this special show. still ahead, what is next for tech in the next 10 years. we will speak to reid hoffman and take a peek into his pre-successful crystal ball. -- pretty successful crystal ball. this is bloomberg. ♪

emily: there is one thing for sure about the next decade. it is that innovation that will continue -- it is that invitation will continue to happen faster than we expect. one of the earliest investors and companies like facebook and airbnb is our guest. i asked him what he thinks will surprise us most in the next 10 years. >> the most interesting thing to watch is the intersection.

ai or synthetic biology or ai with nuclear fusion. this will cause developers that people won't necessarily think of. emily: what do you think the next big social platform will be? reid: there are only a few on the side, there are the gaming ones, the neighborhood one with next door, there are various ones of these that are -- emily: there is tiktok, discord, snap just hit a hundred dollar valuation, that was -- 100 nine dollars valuation, that was surprising. reid: there is so much going on intact that the answer how many will there be? what is the number of them? will we now have augmented

reality through mobile phones? there are so much happening intact that that might actually be the shape of it. ? as we come -- shape of it. emily: as we come out of the pandemic and back to normal, what stays -- what changes about silicon valley and what stays the same now that we have been through this specific experience? reid: we have gotten a lot more familiar with distributed workspaces and the fact that you can have distributed companies. i think all of the tools being celibate of their. three years from now, -- celebrated there. there will be less building an office here and there. people are now working from

houses and i think that will be the case. they have invested in more things outside of silicon valley because it is the natural way of doing it. people say i want to go join a new software company, i want to assemble a group of founders and early people to create a bold new product. silicon valley has its own network of that. i think that will come back. my hope is that it will come back in areas around the world. it will allow more areas to grow at the same time. emily: what are the biggest challenges the tech industry will face over the next decade? reid: the biggest one is that

now tech has become so big it is part of social infrastructure. it is part of the way we live and operate so how do you have -- how do you treat that and what are your responsibilities? how do you engage in dialogue? what happens when they say i stand for saturday and you should do x. how do you navigate that? emily: oh my goodness, you guys. i'm sorry, my kids are here. wow, now i am really on the spot . first of all, that was reid hoff man.

these are my four children, the show was my first baby, i feel so blessed today. thank you to everyone, all of the producers and editors. thank you to my husband who is here and for all of you for supporting me every single day. can't wait for the next decade, thank you all, this is bluebird -- bloomberg. ♪

haidi: good morning. we are counting down to asia's major market open. shery: welcome to daybreak asia -- asian markets like to extend gains we saw on wall street and central banks indicate they will maintain support. the s&p 500 had its best day in nine months. bitcoin rallies again after a volatile weekend.

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