let's return to stephanie's exclusive conversation with salesforce chairman and ceo marc benioff.rce has been an investment company since 2004. what is he think about growth in silicon valley today? >> your stock is trading at an all-time high in large part because of her massive growth. you have the internet of things. you have all the buzzwords. >> and the revenue. stephanie: and the market share and the customer satisfaction. this takes me to the tech bubble. beneath you, around you, there are so many as mrs. the talk about who was on their board and all the money they raised. this mean we see a whole lot of dead unicorns in 2016? dead, see some that are some that are sick, some that are fine. it's an amazing time in san francisco. i've never seen a time quite like this. stephanie: in a good or bad way? >> in a good and bad way. the level of innovation, new creativityideas and starting as unprecedented. in a bad way, i have been saying this for a while now. the unicorn thing is not great. it's not necessarily something that isn't worth this much money. we don't actually know be

i sat down with mark benioff.e a big business and i asked him what makes a successful seo. -- ceo. from you have to move being focused on your shareholders to being focused on your stakeholders. that is what will create success. activist shareholders are a key stakeholders. customers are a stakeholder, your employees are stakeholders. the community that you live in is a stakeholder. your k-12 schools that your employees have their kids in our stakeholders. women are a key stakeholder in silicon valley. you better be ready to run a multi-stakeholder dialogue. stephanie: do you think marissa mayer gets judged too much? because she is a woman. marc: i am a huge fan of marissa mayer. i love marissa mayer. i think she is one of the most incredible people i know. beon't think you can critical or judgmental enough of somebody who is going to be a public company ceo. you have to be willing to be in the fire. that is also why ceos can pay a little bit more. as a big thing. these are hard jobs. this is a tough work. you are

. >> and exquisite interview with marc benioff on success in the cloud, unicorns, and more. >> it isime the corporations had to their core value system the word quality. >> it is all straight ahead on "bloomberg best." ♪ yvonne: hello, i am vyonne man, welcome to "bloomberg best." the weekly look at the most important news, analysis, and interviews from bloomberg television around the world. we begin with a significant decline in the price of oil, which is where we start our review in the week's top headlines. >> we start with oil, the big story, down the most in seven years. investors are worried that oversupply will carry forward after opec abandoned to limit prices. david covers oil from our bureau in houston. let's go back to that decision. so much as it was a decision by consensus. it is every member of opec for himself. give us some sense of what saudi arabia is trying to do? >> a lot of people think that they are going after shale. they are going after the competition in the market with the shale producers here in the u.s. the crazy thing about that is the shale can respond ve

let's return to stephanie rules conversation with salesforce chairman and ceo marc benioff.as been a publicly traded company since 2004. what does he think of investment, valuation and growth in silicon valley today? stephanie: your stock is trading at an all-time high, in large part because of your massive growth, because you have the apps, internet of things, the buzzwords -- marc: and the revenue and market shares and the customer satisfaction. stephanie: this takes me to the tech bubble. around you, there are so many businesses that talk about who is on their board and all the money they raise. does this mean we will see a lot of that uniform in 2016? marc: you will seek some unicorns that are dead, sick, falling over and doing fine. it is an amazing time in san francisco. stephanie: in a good or bad way? --c: a badly and a good way in a good and bad way. first and a good way, the level of innovation, creativity starting that is unprecedented. in a badly, the unicorn thing, i have been saying this for a while, it is not great. it is not necessary that the companies are n

a flag hangs at half staff at ucsf benioff children's hospital for one of their own. 66-year-old nurse patty alvarez died sunday night after what has been an agonizing few days for her family and coworkers. the nurse was working the overnight shift wednesday night just before thanksgiving. alvarez was crossing 62nd street just outside the hospital to get a stetascope from her car in a parking lot across the street. when an suv hit her in the crosswalk. suddenly, this nurse who spent more than three decades helping patients many of them in the emergency room was an er patient herself. >> they acted valiantly and professionally and did everything they were supposed to do for the initial resuscitation. and they're phenomenal people as well. >> reporter: the driver appeared to have missed the turn for the parking garage, threw her car in reverse and moving backward fast hit alvarez in the crosswalk. surveillance cameras may have captured the impact. the driver is under arrest under the suspicion of driving under the influence and could be facing more serious charges. after several days in

. >> and exquisite interview with marc benioff on success in the cloud, unicorns, and more.

. >> we have great role models here in the bay area including zuckerberg and priscilla chan and benioff and others that can do the same. we hope they will step up, as well. a call to action set in motion by the birth of a child. >>> incredible. >> incredible on so many levels, what better gift to leave your child than a better word. >> warmer start this morning? >> glad you noticed. some people will be happy. it is not is dry as yesterday. amy hollyfield said her hands looked like a lizard they were so dry and soliciting ideas on how to stay moist or high hydrated. that is over. the radar is showing the clouds are around 10,000' and below that it is too dry to make it to the ground. look for more clouds and warmer temperatures. my forecast highlights play out with more high clouds and moderate rain and gusty winds tomorrow and our next chance is mainly across the north bay, sunday, so if you have shopping to do or the stage manager asked when he should get the christmas tree when it was dry and those are a couple of good days. partly cloudy tomorrow and because of that cold front coming

which brings us to ucsf benioff childrens hospital oakland and this latest chapter in cornell's life. you see, over the years, cornell has been very generous with his donations to the hospital. cornell: i'd say several hundred thousand dollars. garvin: so many thousands, in fact, in the 1980s, the hospital ceo offered cornell a seat on the board of directors. cornell: and i said, "i'm going to join you." he said, "great." but i said, "not as a director, but rather as a volunteer." garvin: turns out, for this part of cornell's life, this is not the type of chair he wanted to sit in. this was, doing this, for them. cornell: i think you're getting sleepy. garvin: two days a week for the past twenty years, cornell has been coming to the neonatal intensive care unit at oakland children, volunteering to give premature and sick children doses of the wonderful medicine that is the human touch. cornell: you've got a good grip. that's a good grip. very nice. garvin: coming in at seven in the morning and staying as long as he's needed, cornell has not regretted his decision for a minute. he says

stephanie ruhle sat down for .nterview with ceo marc benioff tom: and a guest from london.of great interest on our set. where happy to have the ceo of legal & general with us. everything from insurance, pensions, real estate, and so forth. let's start with legal & general's multinational businesses and how well you have done. how have you stayed ahead of the pack in terms of stock performance and so forth, in such a difficult growth environment? -- i think it is a great global environment. we focus on investment. obsession -- we should be talking about how we get more investment in our economy to drive economic growth. making a real difference in the u.k. economy. vonnie: francine? francine: nigel, we have you on the show regularly. i am always fascinated to know whether you are thinking of m&a changes. nigel: we have been incredibly welcomed over here, and we are seen tremendous growth from our businesses. we would like to accelerate growth here in the united states. bolte are very much a buyer, not an industry consolidator. vonnie: are you looking at real estate? nigel: w

our roundup of the best interviews with exclusive conversations with mark benioff. >> microsoft seemshave lost its groove. right now everything is about disruption. if you are a mature tech company like microsoft, what would you do? what can they do? the world has changed. you can see that walking around the streets of new york and talking to our customers. conversations are radically different in this post 2008 world. the most prized commodity is growth. every coo wants one thing, more growth. they know they are not going to have more growth, they will have something else, an activist shareholder. they don't have market capital improvement. for is a serious issue every one of the major coo's. it doesn't matter in the industry. my advice is simple, let's talk about what is your vision between now and 2020 for your company? to connect with your customers in new ways. what is your customer growth strategy? >> all of these buzzwords, the importance of social, the internet of things, and the valley, they start to feel gimmicky. when you think about the ultimate disruptors, it is activist

mark benioff at salesforce does this. a lot of companies do this.he last thing a founder needs to hear is that they're going to make so much money that they will give away their stock. risks,taking high looking for high returns. there are many things that are different. the fact is that he has executed, put a team around him. the product is fantastic. to the victor go the spoils. alix: you are a professional. this is what you do, look for opportunities. fidelity invested in snapchat, had to write down 24%. that begs the question of should they be invested in it at all. take a listen. >> i don't think an outfit like fidelity has any business being in the space. i don't think they know how to play the pricing game. when you get these public company investors in private spaces, you are asking for trouble. joe: is this a huge mistake? countries behuge dabbling in these unicorn companies? >> they are not dabbling. fidelity has bought shares of mine, goldman, and others. withnto doing business people you can't stand doing business with in a boom. company

at u-c-s-f benioff children's hospital oakland a welcome party. "hi"and the trusted hands of her surgeon. "being a part of this team and being a part of this family during this treatment is something really special and it's what makes my job something really special." "she reminds us what is really important and that's helping people." "i think i got my courage. you got your courage? i think." the firefighters stayed with finely through her entire chemo treatment. they then took her home so she could relax and recover. china may not be importing as many ag products as the u-s in 20-16. in today's agribusiness report, we take a closer look at what the country is doing to increase its crop stockpile. good morning this is the david geiger. ---- bird exhibitions are officially back on in the new year.. in may an order canceled all live bird exhibitions with a gathering of birds because of the deadly highly pathogenic avian influenza.. it was put in place to help halt the spread of the disease and protect domestic birds. the iowa department of agricult

(nats firetrucks) at u-c-s-f benioff children's hospital oakland a welcome party. (nats) "hi" and the trusted hands of her surgeon. "being a part of this team and being a part of this family during this treatment is something really special and it's what makes my job something really special." "she reminds us what is really important and that's helping people." (nats) "i think i got my courage. you gottyour courage? i think." the firefighting crew stayed her through the entire chemo treatment... and then they took her home. it's coming up on today in iowa.... a tiie company took a college football tradition to new here's a live look at storm track seven eve... there are many celebrations.. including this one. goodyear tire & rubber company set the record for building the world's largest game of cornhole. cheerleaders flew more than 2- hundred feet above the massive game board and tossed beanbags out of goodyear's newest blimp. storm track seven meteorologist kyle kiel is back with ananher check of ur storm track seven forecast. storm track 7 live doppler radar show

"i d dn't know what i expected, at u-c-s-f benioff children's hospital oakland a welcome party. (nats) "hi" of her surgeon. "being a part of this eam and it's what makes my job something "she reminds us what is really important and that's helping courage. you got your courage? i think." the firefighting crew stayed with finley through hhr entire ccemo treatment... and then they took her home monday afternoon. storm track seven meteorologst is back with another checc of your storm track seven forecast. "you're watching kwwl. we've you got people working incredibly long hours. median family income today -- $4,000 less than it was in 1999. the bottom line of this economy is that it is rigged. what this s mpaign is about is to demand that we c cate an economy that works for all of us if you work 40 hours a week in america, you should not live in poverty. (burke) at farmers, we've seen almost everything, so we know how to cover almost anything. even a stag pool party. (party music) (splashing/destruction) (splashing/destruction) (burke) and we covered it, october twenty-seventh, 2014

yes, i make no secret that marc benioff has been on "mad money" every quarter.hen i was out for our opening of our great set -- >> yep. >> i went to the benioff hospital. he opened a hospital in san francisco, doing one in oakland. i think he's trying to inspire people to give now. this is a very big change. to give now, while running a company. it's a big change. give now. some people are saying, there's going to be an overhang, absolutely. will there be? i don't know. all i can tell you is there's some things that are bigger than money. >> yeah. >> as governments are increasingly unable do this -- >> these are the governments. >> yeah. >> the governments are dysfunctional around the world. these guys are the governments. >> we'll get cramer's mad dash and count down to the opening bell on a busy wednesday. yellen around midday as we get a clue as to what the fed is thinking in advance of draghi tomorrow. ♪ every insurance policy has a number. but not every insurance company understands the life behind it. for those who've served and the families who've support

. ♪ emily'sndup begins with conversation with mark benioff. havemicrosoft seems to lost its group.ech company, like microsoft, what can they do? cracks the world has really changed. you can see that walking around the streets of new york. are radicallyons different in the post-2008 world where the most prized commodity is growth. every ceo wants more growth. they know if they do not have more growth, they will have something else they don't want. they know if they don't have grossed they do not have market capital improvement. growth, a do not have do not have market capital improvement. that is a precious commodity. my advice is simple. let's talk about, what is your vision between now and 2020. how are you connecting with customers in new ways? buzzwords, the importance of social, the aternet of things, being disruptor, the valley, they start to feel gimmicky. when you think about who the ultimate disruptors are, it is activist. leader, a founder, and an activist gets to come and tell you what to do? back in silicon valley, where the dreamer of dreams. that is giving silicon vall

our roundup begins with emily's -- stephanie ruhle's conversation with mark benioff.seems to have lost its group. if you were a mature tech company, like microsoft, what would you do? what can they do? >> the world has really changed. you can see that walking around the streets of new york. and talking to our customers. the conversations are radically different in the post-2008 world where the most prized commodity is growth. every ceo wants more growth. they know if they do not have more growth, they will have something else they don't want. which is an activist shareholder. when they don't have growth they , do not have market capital improvement. this is a serious issue. it does not matter which industry. that is a precious commodity. my advice is simple. let's talk about what is your vision between now and 2020. what is your vision to connect with customers in new ways? what is your customer growth strategy? stephanie: all of these buzzwords, the importance of social, the internet of things, being a disruptor, the valley, they start to feel gimmicky. when you thin

a flag hangs at half staff at ucsf benioff children's hospital for one of their own. 66-year-old nurse patty alvarez died sunday night after what has been an agonizing few days for her family and coworkers. the nurse was working the overnight shift wednesday night just before thanksgiving. alvarez was crossing 62nd street just outside the hospital to get a stetascope from her car in a parking lot across the street. when an suv hit her in the crosswalk. suddenly, this nurse who spent more than three decades helping patients many of them in the

among the backers is facebook's mark zuckerberg and sales force founder mark benioff and the universityfornia is investing at least $1 billion. sum submit happening in paris, a city in mourning from recent terror attacks. president obama laid a flower outside the bataclan. meanwhile, police clashed with protesters, resulting in more than 200 arrests. demonstrations are banned because of the state of emergency. alissa harrington, abc 7 news e >>> the iconic pyramids in egypt are awash in green light to show support for the climate summit. the lights will be on for two nights. nearly two-thirds of americans believe climate change is a serious problem, that's according to an abc news/"washington post" poll and 36% say it is not a problem, and just 43% believe most scientists agree that global warming is happening. >>> some stanford students are at u.n. climate summit and one them spoke with abc 7 news today from paris. a lead student organizer with fossil fuels stanford and the group held a sit-in earlier this morning calling for stanford to divest from the fossil fuel industry and he's ho

it was always like a candidate or mark benioff said there is a new political party and it is the ceo.ountable talking this way but not -- trump takes it to the extreme. a whole other level. betty: he has become the teacher of this in many ways for others. dan:. i'm not sure if it is teacher or some thing to avoid betty: your platform is helping some of these ceos build their own brands and become influencers. dan: what we're seeing is there are people who have -- you have never heard of before that are building brands for themselves by explaining what they think and having a strong point of view. we just announced the top voices with the top writers of 2015. there is an er doctor in indianapolis writing about what his hospital might not be prepared for a major flu epidemic. we're ready for terrorism, i don't know we're ready for the flu. it's an incredible people behind-the-scenes. somebody in accounting. -- talkingt topping about white accounting firms need to be followed up. these are people who otherwise would not have a platform. betty: and clearly they are writing very intriguing

better come back, i have an excuse of interview with the founder and ceo, the one in old -- only mark benioffl industry and funding circle sam hodgins. big day tomorrow, don't miss it. thank you for watching. betty: welcome to bloomberg markets. from bloomberg world headquarters and new york, good morning, i'm betty liu. here is what we are watching at this hour. hedge funds are hurting again. blue crest capital is returning billions of dollars to its investors after years of lackluster returns. we will tell you what this says about the overall hedge fund world. how do you make it easier for families to get access to the financial system? we will hear from treasury secretary jack lew. also, from the ceo of paypal. those injuries -- interviews coming up in a few moments. will it be a november to remember? automakers on a verge of a record after they report last month's car sales. some numbers from gm and ford disappoint. we have breaking economic numbers on isn manufacturing.