we will speak with andreessen horowitz's managing partner.his is bloomberg. ♪ emily: the venture capital firm andreessen horowitz is venturing into a new area, publishing. the company has launched a new media website called future, aimed at tech industry insights. -- tech industry insiders. it will feature a mix of tech opinions from analysts and experts. it will compete directly with news organizations for your time and attention. joining us to discuss is operating partner, marketing and future representative, margit wennmachers. great to have you on the show. what are you hoping to achieve? margit: we have, as you know, begin known for creating content. anecdotally, it seems there is demand for this kind of information. we are competing with media for attention, but we will actually cover topics in areas that i don't think get much attention from traditional media. it is probably a little wonkier and more wide-ranging and more in-depth than sort of the tick-tock of what is happening in the daily news which you do extremely well. emily: so a

investors -- andreessen horowitz and canada's pension plan.stions have been raised after losing six key executives since february including its cfo. coming up google wants in on , brick-and-mortar. the company cuts its first storefront ribbon on thursday, just a few blocks from apple. we have the details next. and roblox took a tumble today. the videogame company reporting a decline in bookings in may compared to the previous month, but expect the numbers to get better in june. this is bloomberg. ♪ emily: watch out apple, well, maybe. google will open its first retail store in manhattan highlighting its effort to , promote consumer hardware devices. the store, in manhattan's trendy chelsea neighborhood, will open to the public thursday. let's bring in our technical correspondent. nico, i.b. ross, who designed this store, said it is like walking into a dream. i suppose that depends on who's se dream you are in, but will it live up to those expectations? nico: it is certainly looking into her dream. i think a lot of consumers are used to the app

it's been a bit of a controversial issue in the valley that note i think from last year from andreessen horowitz that says the ipo pop is simply a side show. it is still the best way to go public, but perhaps there are things about it that need to be improved, and i know we'll talk about this idea we've seen some of these trading platforms like sofi and robinhood allowing retail investors to get a piece of the ipo process before it actually goes public interesting development i know gurley will take that issue with. >> and carl i haven't seen momentum coalescing around the idea direct listings ought to the only way where bill came out. everybody ought to focus on that so many ceos, entrepreneurs saying depends what your needs are at the time. i want to the hear what bill has to say about that argument he's been making that this ought to be pretty much the only way to go. >> yeah. he joins us now. silicon valley icon and early investor in uber, you probably know, stitch fix and grubhub were, welcome. pleasure to you have with us thanks for the time. >> thanks for having me back. >> those who have

you have andreessen horowitz launching that cryptocurrency fund.tuart: everybody who owns bitcoin should be happy it moves back above 30,000. if it stayed below 30,000, you hear this commentary all the time, it would slide maybe to 24 or below. it did, back above 30 for now. lauren: it is still risky. it fluctuates. a lot of people don't want to touch it. this is where the young money is moving. slowly the institutional money is following. stuart: what do i know about the young money. i know you were thinking that. thank you very much, lauren. >>> now this congress getting ready to crack down on google and facebook but microsoft so far escaping scrutiny. why is that? we're on it. plus netflix taking blind dates to a weird new level. we'll tell you about the new show that has the internet abuzz after this. ♪. trelegy for copd. ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze drifting on by you know how i feel. ♪ ♪ it's a new dawn... ♪ if you've been taking copd sitting down, it's time to make a stand. start a new day with trelegy. no once-daily