northern iowa smoked for genentech tonight. how about this? check it out. .ravity defying, highflying trying to build a program at blacksburg, but they lose tonight. islanders play the caps tomorrow night. beforeechkin left practice even began with an upper body injury. questionable for tomorrow. >> we will check it out tomorrow at traffic. >> thank you. these g

he and his partners launched genentech in 1976 with nothing more than a checkbook and an idea. >> thea was to trick nature into letting us make something that didn't exist in nature -- in particular, human insulin. >> genentech's success led to new ways of treating everything from diabetes to dwarfism, and to getting rich. kleiner perkins' initial investment of $250,000 soared 800-fold to $200 million. >> that's what venture capitalists are created to do, and you can blame converting the orchards of silicon valley into parking lots partly on me and partly on genentech, because we proved that this kind of high-risk, high-tech venture capital could be an enormous home run, and everybody wanted to get in on it, including lots of entrepreneurs, and that's what got this whole silicon valley engine rolling, in my opinion. >> and it took somebody like perkins, with a background in science, to figure it out. he got an engineering degree from m.i.t. and an mba from harvard business school, and yet, he says, only two out of about every 10 of his projects resulted in a home run. when you think a

northern iowa smoked for genentech tonight. how about this? check it out. .ravity defying, highflying trying to build a program at blacksburg, but they lose tonight. islanders play the caps tomorrow night. beforeechkin left practice even began with an upper body injury. questionable for tomorrow. >> we will check it out tomorrow at traffic. >> thank you. these g silent night not so silent? with sleep number, now there's an adjustment for that. give the gift of amazing sleep, only at a sleep number store. this week only, save 50% on the ultimate limited edition bed. know better sleep with sleep number. >> two turkeys will not make it to the dinner table on thursday. the most famous turkeys in america. [laughter] >> wait! one of them will serve as the national thanksgiving turkey and will be pardoned by the president wednesday. his alternate will also be spared, and both will be named by the first >> busy travel day tomorrow absolutely. >> not as bad as some people originally thought. anywhere from a trace to one inch inside the beltway. i think

companies including genentech and amgen have hired pediatric specialists for ways to apply their pipeline medicines to diseases affecting kids. the advocacy group kids versus cancer helped pass creating the hope act attracting attention from drugmakers. still, nancy says, there's more to be done. for "nightly business report",, i'm meg turrell. >>> apple and google got their start in a garage. where does the stair of alibaba begin? we'll take you there. >>> walmart is gearing up for big crowds of shoerps on black friday and for protesters too. labor organizers and walmart workers unhappy about low pay, poor working conditions, and little chances to achieve full-time job are planning protests at 1,600 stores across the country next friday. that's of course one of the busiest shopping days of the year. >>> and finally tonight, a look at the small apartment in the chinese city of hangzhou, where alibaba was born. surprisingly, 15 years later, jack ma's modest flat is still being used to foster inspiration by the company's programmers and product developers, hoping to make the e-commerce gian

those are the kind of clients we started out with, and working with genentech to help researchers solve clinical trials for cancer much quicker and faster to reduce costs. and coming this spring we're going to have a consumer useuct, so that anybody can our product for free. >> that was going to be my next question. did you hear that? awesome. more about -- this is your third startup. what other companies do you starting? >> since i'm a life long playing i am always around with studying things. so nano technology is something i'm fascinated with, mainly because i'm probably going to have to fix myself. into thelly i got neurosciences because at that time i thought, oh, i'm going to out how to see again. but fortunately someone else figured that out for me. started out really focusing aroundmy companies learning, mainly because it was such a difficult thing as an adult to come back and learn. mainly because my ego kept way of having to relearn how to speak. how to trap the air, move my tongue, move my again. when you're a kid you learn things so naturally because that thattelling you kno

workforce at scale so those are the kinds of clients we started out with and now we are working with genentech to help researchers solve clinical trials for cancer much quicker and faster. spring were going to have consumer products so that anybody can use our products for free. >> that was want be my next question -- did you hear that? awesome. this is your third startup, what other companies do you envision starting? i am a lifelong learner i am always playing around with studying things so nanotechnology is something that i am fascinated with. mainly because i will probably have to fix myself. i got into neurosciences because i thought i will have to figure out how to see again and fortunately someone figure that out for me but i started really focusing all of my companies around learning, mainly because it was such a difficult thing as an adult to come back and learn. mainly because my ego kept getting in the way, hout -- needing to relearn how to speak i had to learn how to move my tongue and move my lips again and when you're a kid you learn things so naturally because nobody is telling

now we are working with genentech to help researchers solve clinical trials for cancer much quicker andster. coming this spring were going to have consumer products so that anybody can use our products for free. >> that was want be my next question -- did you hear that? awesome. tell us more about you. this is your third startup, what other companies do you envision starting? >> since i am a lifelong learner i am always playing around with studying things so nanotechnology is something that i am fascinated with. mainly because i will probably have to fix myself. but actually i got into neurosciences because i thought i will have to figure out how to see again. fortunately someone figure that out for me. i started really focusing all of my companies around learning, mainly because it was such a difficult thing as an adult to come back and learn. mainly because my ego kept getting in the way. having to relearn how to speak i had to learn how to move my tongue and move my lips again and when you're a kid you learn things so naturally because nobody is telling you that it is strange for you