david sachs, dave goldberg, my wife. she is a really, really good player.ave been on a two-year downturn. i've lost for two straight years. emily: you and your wife have been together before you were very, very rich. how do you manage that transition? you have kids. chamath: we've made a decision that we are giving it all away. emily: how do you want to be remembered? chamath: i want to be a person who people say generally did what he felt was the right thing, lived a life that was morally true to his beliefs, and in a small way, paid off the debt to his parents. emily: chamath palihapitiya thank you for joining us today on studio 1.0. ♪

david sachs, dave goldberg, my wife. she is a really, really good player.e been on a two-year downturn. i've lost for two straight years. >> you and your wife have been together before you were very, very rich. how do you manage that transition? you have kids. >> we've made a decision that we are giving it all away. >> how do you want to be remembered? >> i want to be a person who people say generally did what he felt was the right thing, lived a life that was morally true to his beliefs, and in a small way, paid off the debt to his parents. >> chamath palihapitiya thank you for joining us today on studio 1.0. >> thank you. ♪ ♪ >> he is an uncommon breed in the world of enterprise technology. aaron levie is known for his colorful seekers, his magic tricks, and ironic tweets. there is no underestimating his ambition to dominate the fight of business in the cloud. he started building websites when he was 13 and met the kids who would become his cofounders as far back as middle school. but unlike places like facebook and twitter, where tales of early infightin

david sachs, dave goldberg, my wife. she is a really, really good player.ave been on a two-year downturn. i've lost for two straight years. emily: you and your wife have been together before you were very, very rich. how do you manage that transition? you have kids. chamath: we've made a decision that we are giving it all away. emily: how do you want to be remembered? chamath: i want to be a person who people say generally did what he felt was the right thing, lived a life that was morally true to his beliefs, and in a small way, paid off the debt to his parents. emily: chamath palihapitiya, thank you for joining us today on studio 1.0. ♪ ♪ emily: founder, ceo, mad scientist. max levchin is one of silicon valley's most iconic and serial entrepreneurs. he has played a role in some of tech's biggest successes, from paypal to yahoo! to yelp. today, you can find him in his innovation lab, tackling issues like fertility, health care, and banking. but many years ago, le

david sachs, dave goldberg, my wife. she is a really, really good player.e been on a two-year downturn. i've lost for two straight years. emily: you and your wife have been together before you were very, very rich. how do you manage that transition? you have kids. chamath: we've made a decision that we are giving it all away. emily: how do you want to be remembered? chamath: i want to be a person who people say generally did what he felt was the right thing, lived a life that was morally true to his beliefs, and in a small way, paid off the debt to his parents. emily: chamath palihapitiya, thank you for joining us today on studio 1.0. ♪ >> michael dell may have taken his company private, but he still has plenty of insights to share with the public. you'll want to hear what dell says about the intense competition in cloud computing and the future of the pc in my exclusive interview. we've got it or you coming up on "encore." >> we've been able to accelerate our growth. we're seeing real growth and quite an enormous amount of opportunity. >> hello. i'm erik s

david sachs, ceo of yammer. dave goldberg. my wife. she is a really, really good player. been on a two-year downturn. i've lost for two straight years. emily: you and your wife have been together since before you were very, very rich. how do you manage that transition? you have kids. chamath: we live the same. we've made a decision that we are giving it all away. emily: how do you want to be remembered? chamath: i would like to be a person who people say generally did what he felt was the right thing, lived a life that was morally true to his beliefs, and in a small way, paid off the debt to his parents. emily: chamath palihapitiya, thank you for joining us today on "studio 1.0." chamath: thanks. ♪ betty: 2014 was a year of personal risk and professional reward for music legend sting. sting: nothing of value is ever devoid of risk. betty: from lead singer to solo artist and this year, producer of a multimillion dollar show on broadway. why sting is telling his story on the great white way and what the rock god thinks of today's biggest music stars. vanity has to do with h

the last person to run it after peter departed was david sachs. he ran yammer for microsoft for a while. he knows paypal. >> in the second quarter, it had a revenue of 1.9 million. do you think paypal is worth more than twitter right now? standalone? >> i imagine it is at least a comparable level of value. >> $35 million? >> i know better than to prognosticate about public markets. >> if you had sold paypal under 2014 market conditions as opposed to two market conditions, we do have had a more successful ipo? how does look differently from the lens of the current market? >> it is an experiment you can only run once. it out today is a force to be reckoned with. an incredible juggernaut. it has one of the networks -- strongest networks possible. it is as good as brand as visa or mastercard, perhaps better. i'm very proud of what we have accomplished. >> if you look at the $1.5 billion price that you sold it for, it is still small. it feels relatively modest. >> sure. but a decade has gone by. public markets and large s cale markets realize how perma

david: plus this is a tease, ladies and gentlemen. goldman sachs name could rally 25%. they have a pretty good track record, goldman sachs does, for picking winners. which one? we'll tell you coming up. ♪ at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. at ally bank no branches equalsit's a fact.. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. liz: this is interesting because they tried this once before. they're trying it again. staples and office depot reportedly in advanced talks to combine forces, a move that would be a big step towards consolidating the office supplies market. this on top of news that amazon and staples and office depot competitor may be making its biggest move yet into brick-and-mortar operations. but how? who better to discuss all of this, steve odland, former office depot chair and ceo and committee for economic developmen

. >>> let's get to the road map, goldman sachs chief david kostin.lds american will be joining us for an exclusive interview find out about the massive deal with lora lie and how they're affecting the e-cigarettes. >> hey, rick. >> hey, bob. this is a lot like income spending numbers. two different directions consumer read on invent up half a 10 what we're looking for. sales down four 10s. this is a bit larger. once again, how much of last quarter of 2014 was inventory issues that gave us some strong gdps that gave away one moderate gdp, of course. this is a december number. all of this will refigure in. in a few minutes we're going to get december jolts and we'll come back for that. at this point, it changed a bit below 2%. but of course we've opened the door to 2%. it's just a question about where it settles at this point. carl back to you. >>> s&p currently 2054 on those. not far from goldman's target of 2400. joining us, the chief strategist goldman sachs. good so-to-to see you. >> it's interesting opportunities from rotation from inside the mark

david: in my hand, i hold a list of five stocks, visa, united tech, goldman sachs, dupont, 3m.accounting for half the gain on the dow. they are five super stocks moving market ahead. wise to keep that in mind. nicole petallides at new york stock exchange. talk about the vix. >> vix is to the downside. they're taking a breather. watching 2050 on s&p 500. they blew through that. they knew the next leg up would be these levels. that is what really they were looking at. cheryl: volatile week for oil again, nicole. >> no doubt, cheryl. we saw the big selloff. up 5%. volatility is the name of the game in oil. 50.84 in the after-hours. david: one of our favorite people, terry did you havepy, head of cme. will join us. cme is doing well. they love the volatility. it means more trade. >> they're shutting down floor on chicago and new york. they will save 10 million a year, which is quarter of the cost running trading floor. it will be interesting to chat with him about this. this is 150 years and ending, something so traditional. cheryl: we're a few seconds away. you got twitter and go

david, let's hit the other side. >> very different here. >> century link. >> trend tri link. >> goldman sachs goes from hold to selling about deteriorating cash flow. frontier not buy similar assets to century link has? >> this is right, the old telecommunications. >> used to call it pot. >> the dividend a key here jim. >> i know. >> for these guys. that's always -- if that's a question in any way, that will get investors concerned. >> exactly. pot is not pot it's plain old telephone. this was a note that took my breath away. centurylink the highest yielding stock in the s&p. >> in other words, the questioning of the sustainability of the dividend at least -- >> you've taught me when you see questions about ebitda don't buy, run. and there's ebitda questions. >> right. you know got to run a leveraged billion balance sheet to a certain extent. >> be careful. goldman doesn't go to a sell lightly. >> watch it today. centurylink shares down. we'll keep an eye on other stocks. "squawk on the street" and opening bell coming up after this. female announcer: presidents' day is over, but the savings go on at sleep train. th