chamath palihapitiya. want to start by asking you about facebook and all of the acquisitions they have been making. does it all make sense? >> i think most of it make sense. having been there through a handful of them and announcing them from the sidelines, what has turned out to be the cheapest and smartest acquisition done by any internet company -- >> you think whatsapp could be bigger than facebook? >> we have graded a growth team and social capital. we use that to help companies grow. we also help them figure out what is going. -- what is growing. when we do our own internal projections, by 2015, whatsapp will have more users than facebook. you're talking about a global phenomenon. when you look at facebook and you apply some reasonable discount to that, apple will be worth multiples more than the facebook paid. >> john chambers said this a few days ago. if you as a stalwart company for not figuring out every day how to get into the next phase, you're going to die. you do not want to be the company fi

our special guest host for the hour, chamath palihapitiya, is still here.lking about netflix expanding its on-demand umpire introducing it into france and other european countries. it is the biggest expansion in years. amazon offers a rival service. the first wave of shows will be from hbo and are now available to watch. significantmost about this international expansion for netflix? it is the most significant expansion they have seen in three years. >> is a huge opportunity for them to get subscribers. what do you need as a tv network? all sorts of programming. he have to make it, go out and buy it. you also need people to watch it. they had more than 48 million subscribers at the end of the last quarter. clearly they're looking for people who can consistently pay for their service. that is why they are launching these european nations. they really look for markets where they can find people to pay as opposed to where markets have piracy is a tissue. they may not be spending as much as netflix, but there have been some estimates that the hbo contract might

. >> chamath palihapitiya was at facebook at the beginning.der and managing director of the social+capital partnership, he is investing in companies with a social mission. i spoke with him about the latest acquisitions from whatsapp to oculus. >> i think most of it makes sense. having been there from a handfull and now from the sidelines, whatsapp will be the best acquistion. >> you think whatsapp to be bigger than facebook. >> i poached a bunch of people and we created a growth scheme. we use that with the companies that we invest in. they figure out what is growing. when we do our own internal projections, it tells us that by 2016 whatsapp will have more users than facebook. we are talking about a global phenomenon. when you look at facebook, which is worth $150 billion and you apply a reasonable discount to that, whatsapp will be worth multiples more than the $19 billion that facebook paid. >> does it matter that facebook is buying rather than building? >> absolutely not. if you as a stalwart happening are not figured out everyday day how t

. >> that was chamath palihapitiya.us social media apps like secret and whisper have start up controversy in silicon valley. it is unwarranted? we will ask the founder of secret next. ♪ >> welcome back to "the best of bloomberg west." i'm emily chang. there is no secret that anonymous apps are generating plenty of buzz in silicon valley. while secret may be popular, it has also been called scandalous. it allows people to post thoughts anonymously. i spoke with david byttow and chrys bader and asked them about their vision for secret. >> we have worked on social networks for several years. we noticed that something was missing. we have all these thoughts and feelings that we have everyday. we don't have a place for them. they don't belong anywhere. like some of those things that you just mentioned or i want to get engaged or i want to quit my job or i fall in love. all of these thoughts that we have everyday that don't have a place. we created secret to be a place to share those with your friends. these start as secrets