that would not cover the flow back then. >> did you stick around at adob bs e? >> i was there for about 16 months. >> did you leave as soon as you -- >> did you leave as soon as you were able to? >> i left as soon as the business was -- could sustain itself aadobe. >> the last thing you want is a founder -- some will see it differently. most important thing to me was that this survive. i was the first to go. the entire core team was there at least two years for 24 months. i'll tell you that's a large piece of the reason we saw the success we did post acquisition because that same team knew how to twist the knobs and do the dials and giving them the resources behind them but keeping guys with the domain expertise is separate. >> your young companies, is there a tem tags to say let's wait to go public, we'll make more money that way. you've got to calculate your best exit, i understand that. in the long run in a smaller investment, it doesn't kind of matter to you as much. you could -- let this ride, we'll let it ride, not that big of an investment, the kids runni

princess, photoshop and adobe one two three also make the list. what do you think?> now we have passwords for everything. >> i like the princess password though. that's cool. >> everybody knows it now. >> i know. have a great afternoon. [ captions by: caption colorado, llc 800-775-7838 email: comments@captioncolorado.com ] ,, >> wyatt: look at that view. imagine that thing hitched to the back of my truck. >> hope: that is one good-looking trailer. >> wyatt: yeah? >> hope: it is. >> wyatt: [ laughs ] ah. i mean, think about how much fun we're gonna have on this trip -- camping and riding waves, and there's one place in particular that i cannot wait to take you so, what do you say? just the two of us, totally unplugged, no internet, no tv, just freedom and adventure. >> hope: that sounds amazing. it does, but i-i mean, i have work to do. >> wyatt: no, no, no! don't worry about work. there's a break in the schedule right now. and let's just get away -- away from everything -- from liam and my mom and -- what if i promise that you won't miss anything important? >> hope:

need to but just as society changes so we knew we'd need not be so wedded to one village beside the adobe alot of all known unknowns that pop up one and if the uk happens. so if you really need to maintain the flex mindset. and thus case and they were fairly cool surprises and what they'll fly to korea as well. yes one really distinct lesson that we can learn from truman experiences that they try to legislate the quality between eastern and western in the day didn't go to two things one the legislative that is strong on mars was from our sweet portable one one one basis and there was a legislated or wages and pension payments for workers in eastern and western the same and they thought that they could make laws to make things equal what it actually did in fact was to hollow out the instrument industry villages phones from an icon in the process of rebuilding its meant to post lessons in mind as we tried to teach in korea. while the devils in the details here as well thank you so much for your expert insight into the room. before your dna and another began. get the latest line from seoul a

we are seeing and you are saying in large strategic slight adobe and oracle are investing heavily inarketing applications. the view is that the cmo suite will increase the amount of technology spent to more effectively deploy their marketing dollars. >> we do have a bloomberg terminal and there is a quote of the day. it is steve jobs about design. he is saying it is not just about look and feel, it is about how it works. it sounds like the design or creativity element to your point is going to separate companies out from the ones that will be more successful from the ones that are less successful. >> that is a piece of it. the companies we have invested in are trying to better increase antarctic -- and target the marketing dollars. one of the things that has happened is as increased dollars go online, how the dollars get spent are much more measurable. and the return is much more measurable. increasetechnology to turnaround. ceeo is exactly what the does. the same type of thing will happen and is happening which is increasing productivity of marketing dollars. how do you see this, yo

on august and i may activate the gmc javelin fish meal each baking is disputed by the nature of the adobe been focused on. so in speaking to me just up on all the medication daughter ivy you don't have motivation said. ps the heaven. did he did for pretending phone interview and fifty as of now but it does do things the phone go far beyond our sight. i'm excited to see mickey and the fact that exam without having to force the ppp guys who wanted to see the complete cooking they are also reports that lead you to the lord of the ppp fire follow what innocence take the name and loses to win a game for all people it has an idea that those in the top so you can address brings me to it in the sense that the us national debt and the dpp or boutique has this thing that except that this time be sold in a the fifth spot as the demon deacons the festival of the credit goes to i catch with the kitchens than tuesday that the geeks. no big deal for the week goes all the sense that it does opt out of the ppp nicholas has been the plan was to have many more things. so in essence. i'm neither do the talki

here's what's adobe is saying.to facebook earnings and perhaps moves into social stocks we're seeing. it's not just twitter that's down nearly 7% this morning. yelp is down about 6%. net suite down 4%, jive down 4%. li linkedin down 3.5%. facebook at click through rate was up 365% year over year, 41% quarter on quarter. cpn ad rates up quite a bit. but costs per click was flat year over year, up 29% quarter over quarter, that's lower than expected. so they'll give and take there. and some interesting data for other social networks. they're starting to get more share of valuable traffic into retailers. so when people leave twitter, click through to a site, this is measuring how much they actually spend when they click through from a twitter link or a tumblr link. for tumblr up 43%. these are probably blogs, fashion blogs or whatever people are clicking on. but shows the potential for tumblr to make revenue on. pinterest up 240%. they're going to try to start monetizing more this year. facebook, 72%. so they're losin

adobe, facing issues where sensitive user information was stolen.king and buying is big men -- is big business, and fireeye is of security. david, thanks for joining us. you are knee deep insecurity. you have been for years. before you were at fireeye you were at mcafee. funded in part by the u.s. intelligence community. what do you see at the center of this issue that are either intelligence or government related? >> think you for having me. probably first and foremost is the loss of intellectual property. the second most would probably be the loss of monetary cap assets. and third, reputational risk and loss. we have seen that with some of the reagan things you have alluded to, snap chat, target, others. brand a really big and that is the biggest owner billy these companies have. >> david, when you work with a company, how strictly you have to be with that company e there will -- with that company? there were many programmers saying to snap chat, your data is vulnerable and a lot of companies are blaming him for not addressing these issues. >> one

our house was shaking, and it's made out of brick and adobe. we could hear machine guns and very nearby, and bullets hitting our roof. i really believe with all my heart that god kept us safe underneath those beds, and the fact that we weren't intruded upon by soldiers because our house would have made a very good stronghold for the soldiers to come inside and fire upon the other soldiers. so we just waited it out, and then made the decision to go to the u.n. compound because the fighting was obviously on our door step. >> when we made the decision to try to go to the u.n. compound for safety, we had gathered everyone together. we gathered up a few things to carry, and we left the house. we got maybe, i don't know, maybe a couple of kilometers from the house, and we heard firing again. and we ran quickly as quickly as we could back to the house and hunkered down again, and waited it out. i contacted somebody at the u.n. who suggested a different route for us, and we were able to make it safely there. >> would you ask katie and cassidy to explai

mean, they are so crystal clear, the colors are so vivid, it is just extraordinary and i actually was adobe systems in silicon centrally when doing the netflix reporting and i looked at 3-d without glasses on television. >> rose: how was it? >> i thought it was pretty good, some people say when you turn your head, you can't see it but i thought it was pretty vivid, i mean, that and the 4 k was pretty vivid so the technology is change background 4 k television is power, $56,000, who is going to buy it? i remember years ago saying ever is going to have a flat screen, and everyone is going to have a flat screen and fill up their wall and i was thinking, what house has he been in? what apartment house has he been in? who is this guy? >> rose: so two things i wanted to talk to you about before i close, what is the next big idea in the rest of the world you are covering in terms of silicon valley? i mean, what is -- what is coming beyond video? >> >> well, charlie, i mean. >> rose: data, the whole -- here is the talk. i mean the talk is obviously mobile, mobile, mobile and the fact that, you know

the software company, adobe, they say you will be able to design something on photoshop then printeds up 3d technology to a much bigger market. charles: it could be this christmas, if not this christmas, the next christmas. stuart: you can design what your product will look like in function. charles: one of the names -- with hershey's. stuart: i have heard of that. stuart: here is a noble idea for you. if you want a government handout like food stamps or welfare, you have to look for a job. we will deal with that next. ♪ [ le announcer ] what if a small company became big busins overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. ♪ stuart: yahoo! second in command marissa mayer's first higher out after failing to increase ad revenue. big numbers from goldman sachs. it was down, however, in the stock is down two dollars. 1.3%. best buy reported weak sales for the all-important hol

when i got back to the office, i put the pictures in adobe photo shop. they were different ears. i thought i had a real, honest-to-god spy. why else would a guy come here and take the place of another person? what would be his reason? i phoned nancy fisher. i said, this guy is a fake. it's not him. i said, the ears don't match. >> and my comment to him was, you need to be very careful that you don't intrude on a federal investigation. >> people aren't used to hearing you talk about somebody's ears. i think she was taken back by that. she didn't know what i was talking about. >> i thought i didn't have a right to question their statement that this is their family member, because how could they be wrong? no one would be wrong about something like that. >> what do they want? i've already got the fact that hi doesn't have the same ears. >> why would you ever, ever take in a stranger? not just a stranger from this country, but a stranger from another country who speaks with a french accent? this has to be nicholas barclay. >> i finally succeeded to become a kid again. officially with

as a note of interest for the viewers, i got recently a couple of letters, one from adobe and one fromhere are breaches of security. i don't have much position in those, but i'm getting the letters and they don't realize there may be marketing pieces not because-- the breaches are all over the place, they're dangerous and disturbing. >> but not affected any stock price yet to my knowledge. >> look out to 2014. give us your best stock. what's the stock that you're going to give our viewers right now that's going to do real well in 2014? >> well, my favorite singular stock would be tivo. we do own it, my subscribers own it. a million dollars in cash and 175 million dollars of long-term debt. we know what it does, you can manipulate your tv screen and save shows and slow them down and speed them up. and they have other areas, there's a research firm, also, do a lot of research on-line and from folks tivoing, watching what they're buying through the television sets and providing everythings in to marketers, to advisors, conduits for advertisers, and opening up the businesses that are throu

. >> the numbers we saw out of adobe an lat icalytics this morning point to a strong quarter for facebook amount of traffic, the ads they served the stable prices of the ads. they point to some potential speed bumps ahead as other competitors try to steal that traffic. we know faish hascebook has the video ad spigot they can turn on. >> i want to ask a couple of you, dani what's the most important thing to watch tomorrow? >> you want to see how apple reports and where it's going to trade in the after market today. i think the follow through tomorrow is going to be key for tech. >> dan, what about you? what gauge tells you whether this is something benign or more malicious? >> i don't know the answer to that question. i know what the turkish central bank does is really important right now. >> it is important. >> but what about what the our fed does? most economists do expect the fed to proceed with another $10 billion taper. the question is how will emerging markets react? they've already shown to be very vulnerable and very volatile right now. >> guy, last word to you? >> i think the most

rudy joins us from inside his cozy little adobe.ht this through obviously. why did you decide to do it? was it an act of rebellion? >> i always liked camping and spending time in the outdoors. a couple of years ago my dad and i built a platform. last june i decided i will sleep in the tree platform every night all summer. i extended that. if i go on vacation i will sleep outside. [ inaudible [ inaudible ]. >> just becauseio keep extending the time or starting to attach significance to it, maybe a cause or a record or just that? is it just having the credit of having done it? is the motivation? go deep. >> truly i'm doing this or at least i started -- i came up with the idea to do this for a year because i like to challenge myself. now it means more than that. i have a can couple organizations picked up that i want to try to collect money for to donate you think that that stuff is going to go away and it gets worse. as a younger guy he and his buddies hit the sauce often. >> after years of giving everything to alcohol he realized it

steve jobs trash talked adobe and anything anybody else who came at him.ry of folks who have done a lot of creative trash talking. >> whether it was tim cook or steve jobs, the comments about the tablet, for example, well, they did go from 90% market share to 50 or 60 in that space. maybe they shouldn't have been so sassy. >> look at the profits though. >> mary, what do you think? >> this is what i think. it's better to trash talk about a fellow ceo than about your customers, which is what we've heard from a couple of ceos lately at abercrombie & fitch. >> if it's a one-off thing, i'm still much more understanding of what is the company actually doing. netflix has had the strangest history in that its stock has been up and down 200% in the last five, six years. he's faced a huge amount of skepticism about the viability of this model. so far he's proven to be able to do it. >> he used trash talking as a marketing theme, drew a ton of attention. these sort of antics over the years helped when they couldn't afford that kind of publicity. >> post-football foot

. >>> earlier this week adobe released social media intelligence report citing tumblr as one of the fastest earnings let's look at tumblr and key to investing in some early stage start-ups. a general partner at spark capital as well as former twitter board member and early investor. good to see you again, bijon. welcome back. >> thanks for having me. >> do you think marissa mayer is thanking her lucky stars she got in on this thing? >> yeah. it's a very special company. tumblr is not surprising to see the results from 2013. you know, i was on the board from the earliest days of the company until the time we sold it. and it's not surprising at all to see it growsing to fast. >> car is a superstar especially here in new york city where entrepreneurs want to follow his lead. how do you know if the trajectory -- we all know they're in the nice part of the upswing but how do we know how long it will last and what will result in pain if they lose relevance down the line? >> yeah, i mean, it's always a challenge. this company, tumblr particularly, is not an overnight sensation. we funded the compa

. >> it seems at least with the pricing structure it looks a little bit more like what adobe is doingution effect moving but in this case there is also leakage out of the system so you're losing business. sit all subscription or up front. you are actually losing business. >> do you think the notion that an outsider would have come in, done some big transformational splitup of the units, is that now off the table or can an insider still do that? >> i have more reservations about whether an insider can effect that change. but i think that you need pretty radical change in the business itself. you're going to have to pursue much lower-margin business opportunities. the lightweight apps of evernote and drop box are free. you can sell enterprise versions and sell people more storage capacity but that's where the growth is, so i think what you need to do is enhance shareholder value from repurchasing 10% of the stock, cutting costs 10%, that would get stuck to 50 bucks and that gives you the cover to pursue lower-margin businesses where you have a chance to really grow and position the comp