partner at greylock.nder of linkedin and always has something wise to say about the way the world is going. thank you for joining us. we will talk about netflix. netflix round up as one series takes the throne as the streaming services biggest success ever. a number raises a red flag for being deemed offensive and controversial. we will bring you the latest on the controversy nest -- next. this is bloomberg. ♪ ♪ emily: a few stories continuing to watch. it is official. netflix says south korean show "squid game" is the biggest series launch ever. the dystopian drama has attracted 111 million viewers since september 17, surpassing the previous top show, "bridgert on," which got to 82 billion house roads -- million households. employees raise concerns about offensive material in dave chapelle's latest comedy special the closer. days before its release. they warned executives the series jokes about gender neutral pronouns and sexual jokes about transgender individuals were inflammatory. they decided the show

the future of transportation and facebook with greylock partners partner reid hoffman, an early investorn facebook, commenting on facebook's current controversies. that is up next. this is bloomberg. ♪ emily: welcome back. this is bloomberg technology from the goldman sachs innovators summit in the heart of wine country in sonoma. my next guest is somebody i love speaking to and it is great to see you for the first time in two years in person. greylock partner reid hoffman, the cofounder of linkedin to talk about the next generation of entrepreneurs and tech companies. good to see you. reid: awesome to be here. emily: there are 100 early-stage founders at the summit and you just launched a massive fund devoted to seed stage investing. what are you looking for and why are you doubling down? reid: when we see the opportunities and capital, we say are differential advantage is building on the earliest stages. that is the reason we need to go earlier to see because we have built businesses. i have built linkedin. there is a whole stack of how do you go from the first person or two or three p

matt: that was reid hoffman of greylock partners, linkedin co-founder.are getting some of the results in from major university endowments that are getting even more major. harvard reported return that lagged its peers in the latest fiscal year. the school's endowment return 34% at the end of june. not bad but trailing brown and dartmouth. harvard's endowment is still one of the biggest in the world. $11 billion over the 12 months. the funds value hit a record $53 billion at the end of the fiscal year. this is bloomberg. ♪ ♪ this halloween, xfinity rewards is offering up some spooky-good perks. like the chance to win a universal parks & resorts trip to hollywood or orlando to attend halloween horror nights. or xfinity rewards members, get the inside scoop on halloween kills. just say "watch with" into your voice remote for an exclusive live stream with jamie lee curtis. a q&a with me! join for free on the xfinity app. our thanks your rewards. so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insuli

coming up, and exclusive interview with reid hoffman, greylock partners.loomberg. ♪ dani: facebook out with third-quarter earnings after the market closed yesterday. on deck later, we have alphabet, microsoft, and twitter. let's get to bloomberg's laura wright with the takeaways. what are you looking at this afternoon? laura: the market was really focused, what are they going to do for advertising revenue? can they overcome that negative crescendo of new slope? the earnings came through and it was a -- crescendo of new slope? the earnings came through and it was a slight miss. they were at the lower end of analyst expectations. daily and active monthly users broadly in line with expectations. this is in the context of a stock that, year-to-date, has rallied 20%, but still 14% down from its september peak. i can show you some of the most interesting takeaways. the reason why facebook missed primarily is those apple privacy changes. on the call, executives cited that is the key reason for the mess. -- for the miss. facebook is essentially boring world we can