. >>> even if you were somewhat internet savvy only, you may not know about friendster.sites on the internet with millions of registered users so far. why so popular? because it shows the world is not such a big and unfriendly place after all. >> social media didn't exist in the '90s at all. it really started in the 2000s with friendster. >> we've all heard that everybody on earth is connected, but now there's a website called friendster. >> it's a new internet service that people can access for free at our website at friendster.com that allows people to network online with their friends. >> within four degrees of me are 700,000 people. it's crazy. >> there are 2 million people on this site. what you do is you put in bios of yourself and pictures of your friends, and then you look to see who is connected to whom. >> social media relies on this really ingenious premise called web 2.0. and what that means is that instead of the owner of the website composing the words and the pictures, we the people do that. >> there are many social networking sites on the web but in just

the central bank money but with social networks we had six degrees which was really replaced by friendster which was replaced by my space which was replaced by facebook so some crypto currency is going to be worth a lot of money which one well that's a gamble so we're having this because i split right without going into too much detail we have two different versions of because as of now you are the man behind the bitcoin cash this is a new version of it coin that was created according to your organization in response to a years of mismanagement of the b. clinton legacy network is big corns decentralized nature it's accolades hill is it going to keep splintering because there will always be someone in the community who will be unhappy about the way functions the key aspect of bitcoin is that it's permission less you don't need to ask anybody's permission to do anything and this is key in the entire community which is why i decided to publish a letter where i was chief executive officer without asking anybody's permission as a way to illustrate that we're not asking permission that's just pa

so, people thought social networking was over when friendster and tribe weren't working out.g you know, there is facebook. thought thiel had social networking was overhyped, he would not -- his mind would not have been paired -- prepared for the insight to invest in facebook. it is one company, one founder at a time. emily: mike maples. mike: maybe one thing. i think some companies are raising too much money relative to the value they create. that's not one sector. emily: is there a bubble that will pop? mike: i don't think so. i think it will be more that some companies will face their day of reckoning because they have engaged in fake growth and hidden it for a long time. emily: mike maples, thank you as always for coming back. that does it for this edition of "bloomberg technology." we will be back tomorrow. this is bloomberg. ♪

enough ago and the internet was still young enough and social media was i mean -- it was, what, friendsteraking a movie every week. i think when we say the word "cinematic," what we really mean is opening it up a little more but also the ambition of an action set piece. >> move, move! >> j.j. was very aggressive. he was like, if you want me to do this pilot, you're going to need to give me the resource in order to do it, and i want to shoot it as a movie, and then we have to keep that bar up. >> you start off, you think, this is just a survival drama. here's these people, the plane has crashed, how are they going to get by, how are they going to find food, et cetera? >> we hunt. >> and on top of that, there's this whole mystery, where are we, why can't we get a rescue signal, why is there a polar bear, what is going on here? >> the show averages more than 15.5 million viewers each week and spawned countless web locations where millions of avid fans can obsess. >> the fan base is saying, when are you going to answer these mysteries? personally i started feeling hamstrung storywise almost in

central bank money but with social networks we had six degrees which was reflected replaced by friendster which was replaced by my space which was replaced by facebook so some crypto currency is going to be worth a lot of money which one well that's a gamble so we're having this because i split right without going into too much detail we have two different versions of be coin as of now you are the man behind the bitcoin cash this is a new version of bitcoin that was created according to your organization in response to ears of mismanagement of the be quite a legacy network is big corns decentralized nature it's accolades hill is it going to keep splintering because there will always be someone in the community who will be unhappy about the way it functions. the key aspect of bitcoin is that it's permission less you don't need to ask anybody's permission to do anything and this is key in the entire community which is why i decided to publish a letter where i was chief executive officer without asking anybody's permission as a way to illustrate that we're not asking permission that's just p