emily: that was ben silbermann, ceo of pinterest. and zoom, the provider of video conferencing services went public on the nasdaq. i spoke with their ceo minutes after shares started trading. >> we finalize the price and today was a big jump. there are other things, too. we just go back to work. emily: how do you live up to it now? mr. yuan: the market is huge. over $40 billion of opportunity. our employees so far, they are very excited and very happy as long as we stay humble and continue working as hard as we can. i think we will be ok in the long run. emily: many people talked about how zoom is a rare unicorn in that you are profitable. should we expect you to grow profits this year or focus on investing to improve topline growth? mr. yuan: i think we should focus on them both. we want to grow for sure. that is our top priority. but we want to have a disciplined approach, right? i think we can focus on growth and of the same time, focus on the positive. emily: you talked about your immigration struggles. the u.s. government denied

i spoke with ben silbermann, ceo of pinterest, after the company listed its shares on the new york stock exchange. ben: we really talked with investors about how regular people use the product every day. people use it to get inspiration for a whole range of things. everything from the food they cook, to the clothes they wear, to their homes. and it is really more about your personal inspirations. it's less about your friends. it's not really about following celebrities in the news. we wanted to make sure that everyone understood that, because that's our how users see the product every day. emily: so, you launched pinterest nine years ago. and many companies have gone public much more quickly with much deeper losses. why did you feel that now was the right time? ben: we are really proud of the progress we made over the last few years to build out the business. we felt like we were at a point where the business had reached a level of predictability, that it could be in the public markets. we were also excited at having the opportunity to have access to public market capital. and the reason

ben silbermann from pinterest and eric yuan from zoom. hanging on to gains, just barely n'gowack to 2894 dot ay. to a single defining moment... ...when a plan stops being a plan and gets set into motion. today's merrill can help you get there with the people, tools, and personalized advice to help turn your ambitions into action. what would you like the power to do? feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. ♪♪ ♪♪ ♪♪ >>> welcome back new indication for zoom, every minut

emily: that was ben silbermann, ceo of pinterest.interest wasn't the only tech company to go public this week. zoom, provider of videoconferencing services, went public on the nasdaq and i spoke with the ceo. >> we have finalized the price, today, it is out of our control. we just need to go back to work. [laughter] emily: how do you live up to it? >> first of all, i would say the market opportunity is huge. over $40 billion in market opportunity. the customer, they do trust us and our employees are also very excited, very happy. as long as we stay humble and continue working as hard as we can to keep happiness to our customers, i think we'll be ok in the long run. emily: many have talked about how zoom is a rare unicorn in that you are profitable. should we expect you to grow profits this year or focus on investing to improve top-line growth? >> i think we focus on both. we want to grow for sure, that is our top priority. at the same time, we have to have a much more disciplined approach. we have to have the right balance and i thin

. >> ceo ben silbermann also made a point to distinguish the company from facebook and its issues around privacy manipulation saying that pinterest is not a social network but rather about users and their aspirations. back to you. >> yes, julia, i mean it's amazing. you have 265 million users for pinterest, two-thirds female, including 43% of internet users in the u.s 8-10 moms it would seem, based on those comments from silbermann and also the way the stock is trading and distance it's giving itself from this idea of being a social media platform but investors latching on to the idea they can continue to monetize the user base they have and maybe continue to bridge that gap between interactions and purchases. >> absolutely, morgan. i think pinterest has an inherent advantage in that people go there to plan things and to find things and to get inspiration for whether it's a purchase or a house redesign or wedding. so they already go there with intention to buy and that puts it at such an advantage over a platform like facebook, which is really about sharing and is now shifting to be more

emily: pinterest ceo ben silbermann live from the new york stock exchange.nie: we will continue to keep an i on how pinterest trades throughout the day. that is emily chang. coming up, a special edition of "balance of power" on william barr saying robert mueller recounted 10 episodes of potential obstruction by president donald trump. earlier this morning william barr said it was evident president trump had not corrupt motives. it is available on the department of justice website. up,he meantime, the dow is the s&p 500 is up .1% and the nasdaq is now down .1%. this is bloomberg. ♪ ♪ david: i'm david westin. welcome to a special edition of balance of power. --gress and politics politics and business meet in the mullah report. kevin cirilli is in washington and in angers and has political reaction. task, a modern -- a modest , summarize 448 pages. kevin: robert mueller saying there were 10 instances in which president trump tried to interfere with the investigation . he did not say that was enough to bring charges of obstruction president,to the saying that in

at upwards of $12 billion we are here currently at jpmorgan where executives including the ceo ben silbermannch-in with the sales force here where they explained how they want to pitch this deal to investors according to the terms disclosed today, they're looking to sell about $1.2 billion worth of shares and i'm told by two sources close to the matter that the sales force has been taught to teach this to investors and to really differentiate it from traditional social media companies such as snap and facebook because of how people discover things on their platform as opposed to really search for them and have connections with specific friends. i'm also told that they're really emphasizing the e-commerce portion of their business, which doesn't translate really into revenue per se, but it impacts the relationship between the merchants on their site. now, the way that pinterest business model works for those who aren't as familiar, they display various how tos like cooking and exercise that can help people make their lives a little better, and they also show inspiration like wedding decoration