of dropbox.w successful the push has been for his business when we come back. ♪ francine: welcome back to "the pulse" live from london on bloomberg tv. guy: let's talk about cloud computing. our next guest thinks the u.k. is onor those cloud friendly countries. he sees his business growing faster here than in the united states. the dropbox c.e.o. dennis: i understand. francine: another obsession entirely. dennis: and buttered coffee. guy: why do you think the u.k. is growing faster than the u.s.? dennis: one in four british people use dropbox, which is amazing. they aring it for business. people are seeking ways to improve their perm productivity and work productivity. there were some reports that said that productivity had fallen not just in the u.k. but globally for three years in a row. part of that is because all of this old technology like word processors and spread sheets were built to improve individual productive fifment now there is a whole set of software including dropbox that is focus

the three with the highest valuations are airbnb, dropbox, and stripe.: did you know early on that they were going to be hits? paul: we knew the founders were good. emily: what was it about drew houston and brian chesky? what was it about them that -- paul: it was different things. jessica: yeah. paul: different things about the two of them. in drew's case, he was the guy who could write this software. dropbox suceeded by solving an almost impossibly hard problem. whereas airbnb is different. airbnb is like this mass movement, where everyone is staying in other people's houses worldwide. jessica: we were skeptical, though. i just remember thinking, we don't really care what the idea is. these founders are awesome. we are funding them. paul: patrick collison from stripe, i have known since he was, like, 14. back when he was this high school kid in ireland, he used to email me questions about the lisp programming language, and i had no idea he was a kid. emily: now that these companies are worth multi-billions of dollars, when you look back, if they had ha

emily: there is a company you may have heard of called dropbox. aaron: yes, i have.mily: your name -- the name box is in the name dropbox -- you do overlap to a certain extent in terms of business, customers. how much of an inconvenience has dropbox been for you? over the last however many years? aaron: you know, inconvenience is a unique word. i think they are an innovative company. drew is obviously an incredible leader. we obviously are a fierce competitor from a business standpoint. in the business part of the market. but i think that the world is better with them. emily: why do you think you can offer business customers something better than they can? aaron: i think that, when you go after the enterprise, it is really, really hard to balance a strategy where you are world-class on the consumer side and also be world-class for a hospital or a life sciences company or a financial services institution. those are just very, very different types of problems. at box, we don't have any distractions. we are 100% focused on the enterprise. aaron: i am sort of between pet

it has funded more than 700 companies to date, including dropbox, airbnb, and stripe.e start up machine is a couple with their own start up story. how did they build y combinator into what it is today? joining me today on this edition of "studio 1.0," y combinator founders and husband-and-wife paul graham and jessica livingston. thank you so much for joining us. jessica: thank you. y:

>> guest: i use dropbox. when i'm writing, i put it in the cloud.se amazon ibm or microsoft has a great cloud service now, but i've always used dropbox. i can be on the train going to new york on my ipad. i get to my office in which we use dell computers that are networked in the office. on my iphone i can pull it up. on any device i want to. so i am not as wedded to hardware and one of the great we have now is having class services. for if we took a break here and i want to pull up something i'm writing, i can just pull it up out of either dropbox or whatever cloud service i use. >> host: do you worry about security in that way? the security of the material. >> guest: no. i worry about security. we've got it at the asp institute and part of me said we want people to read our reports. if they are spending their time translating all of our reports come it will be good for them then it will be good for us. i think the things you have to worry about our privacy and security. but somebody reading the first draft of one of our books doesn't keep me up at

uber, dropbox, airbnb all looking to expand. fueled by hundreds of millions in funding.se new companies are breaking with tradition, choosing the urban campus over suburban silicon valley. the trend has driven up competition for space. >> we certainly -- one of the fastest transactions we have ever done. the demand we are seeing is absolutely breathtaking. cory: it is not just that building. salesforce is set to lease half cory: many developers are unfazed. >> this technology is in every business now. when you talk about tech, it is a broader category of companies. cory: tech giants are not just looking for a building, they are creating campuses. uber, 400,000 square feet of space yet to be built. we will talk about jay-z's take on spotify. federal agents busted, an amazing bitcoin theft. ♪ cory: you are watching cory: you are watching "bloomberg west." i am cory johnson. turkey has been hit with an extensive power outage, the biggest in 15 years. the cause being investigated officials not ruling out the possibility that it was a cyber attack. in greece, the prime minist

guy: we will talk to the coo of dropbox. expanding and u.k. fast at the moment.rowth in the u.k. than the united states. the european and u.s. views are very different when it comes to data. so how does a u.s. company storing our data treat european environment? what does he think of the competition commission in brussels? what does he think about the way that the french see the technology? who has the data and i'm keen to find out where he is based for his european operation tax wise. jon: guy johnson coming up with "the pulse" and a couple minutes . let's check out the market. another day of gains. stoxx 600 is higher. ftse 100 coming in lower. the dax up by 26 points. ftse mid up .5%. the euro-dollar near session highs. then we look at the aussie dollar as well. the euro-dollar is higher. but the aussie dollar is much stronger. higher than many anticipated. then i go to the greek three year bond market and i look at the three-year note with yields at 29.6 sent -- percent. the greek will struggle to have any market access if they pull out of europe and agreemen

evaluation investors are willing to give to uber, how about the 10s of thousands they give to ab&b or dropbox. or the $8 billion we learned today spotify is being valued at. why should netflix which has changed the way we live is worth more than it's currently trading for. i say much more not $29 billion, i'm talking about $50 billion. let's use the same open mind. how could netflix be valued at the price of vodka. how can its public worth rank below cbs. how can it be worth only a few billion dollars. are those dominant world wide enterprised? would you pay $5 for their content. at least cbs has the nfl. what's discovery got that's indispensable? vi vicom, after six years, forgive jon stewart. some people are trapped by the price where the stock of netflix use today trade. they know it was worth less in the past. they say it's ridiculous to pay the current price. imagine how that would have done you on andy war hol and should be worth $6. let's look at how much netflix was worth back then. management screwed up and they didn't think big. all companies get revalued quarterly. who knows if thi

i put it in the cloud and microsoft and ibm both have a great cloud but i use dropbox so i can be onoing to new york on my ipad and i can write. i get to my office and we all have computers and i can call it up there. my iphone can pull it up. any device i want to so i'm not as wedded to hardware and i think that's great about having cloud service. if there was a funeral on that side of the room and i wanted to call up what i was writing i could just call it up from the drop box. >> do you worry about security? >> know, there are things i worry about. we got hacked in at the institute and they stole all our report. if they're spending that time stealing their reports maybe it will be good for them and good for us. i think the things you have to worry about your privacy and security but somebody reading the first draft of one of my books doesn't keep me up at night. dennis from illinois higher on the air. >> higher wanna think c-span for this program and especially wanted to think the author because i've read all his books and enjoyed all of them everything from the beginning wiseman

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