now a partner at greylock, hoffman sits on seven boards. he is the author of a new book, "the alliance." 1.0"uest today on "studio is reid hoffman. thank you for joining us. >> thank you. >> you have no shortage of jobs. why did you write this book? >> in many circumstances, employers and employees are lying to each other. the notion is the modern career is changing. where there are options for shifting companies. there are career tracks that are changing. how do you get that investment in the future, between the employer and the employees. the answer is an alliance. that transforms your career, it makes you employable, and transforms the company. >> you say people should be honest from the start, how honest should they be? >> to give an example of something i learned from one of our executives -- when he's interviewing people, before they joined the company, he asked them what job they want after linkedin. that's part of his interview. >> so, what do you want to do next after this? >> yes. that's a level of transparency. we are committed t

now a partner at greylock, hoffman sits on seven boards.e is the author of "the start-up of you," and now a new book, "the alliance." our guest today on "studio 1.0" is reid hoffman. thank you so much for joining us. >> my pleasure. >> so you have no shortage of jobs to do. why did you write this book? >> the key thing is, in many circumstances, companies -- employers and employees are lying to each other. because the notion is the modern career is actually in fact changing where there's options -- for shifting companies, for how do you evolve -- even career tracks are changing. so the question is how do you get that investment in the future and that entrepreneurial relationship between the company -- the employer and the employee. and the short answer is alliance. it's an alliance that's based on tours of duty, where you set up for a project that's like three or five years long, and that transforms your career, makes you employable, and transforms the company. >> you say people should be honest from the start. how honest should they be? >>

now a partner at greylock, hoffman sits on seven boards.he author of "the start-up of you," and now a new book, "the alliance." our guest today on "studio 1.0" is reid hoffman. thank you so much for joining us.

omar from sequoia, cowboy ventures greylock, and danny and our moderator. clap. ♪ mike -- the microphone will work eventually. is it working now? i skipped over the disrupt vine thing. we are doing three competitions. how many people still use vine? it is like six of you. you have great shots that are winning. please disrupt the vine and will be doing one maybe around instagram and maybe one around twitter. look for that," prizes. -- look for that, we have cool prizes. does anybody have a question? no? okay. why is it so gold so? cold? there are like a alien bodies and if we do not keep -- there are like one billion bodies and if we do not keep it cold, you would come plane. yes you would. you would rather it be warmer? ok, i will spend my time negotiating and see what i can do for you and come back and let you know where we are with the ac. do you have an optimal to butcher? -- temperature? 75? 73? 75 i will aim at 75. the ac is the most important thing but let's focus on the investors. you want to hear their names again? susan said yeah. omar from sequoia

i want to bring in a ceo of greylock capital. what gives?the difference between what happened in the debt crisis in now is that a lot of people are trying to position themselves via the euro on the debt crisis side. there are a lot of big short positions. i do not think there are many now. it started happening at the same time oil was coming down. you do not have the technical buffer. there is something going on here where you have draghi looking to turn on the taps and get involved in the markets and start doing bond buying. >> how much power does he really have? >> he has to negotiate with the germans. he would have more latitude if you do not have the paranoia of the germans. i think -- >> german inflation. >> austerity does not seem to be the way to go at this juncture in europe. i think the euro depreciating is not against germany's interests if they're concerned about exports. it is more in the interest of europe now to have a weaker euro than it was back then. >> how much of a factor is greece? >> greece is big. i do not think anybody

hans humes is the chairman and chief executive officer of greylock capital. up the chart here. this is the chart. i saw this on twitter. i am sorry i cannot get credit. i have never seen this chart. that is the yield curve moving from left to right. what a great chart by our department. it is all negative, out to a good 12 years or so. hans what does that do to your world to see the great switzerland completely distorted? >> first off for the record, olivia, i think tom is threatened by bradley cooper. >> and gaining 40 pounds. thank you. continue. >> in our world, you are seeing a complete bifurcation of risk. you have the risk on assets that are blowing out, and anything that seems to be some kind of safe haven is coming in. switzerland germany, all the yields are going to the point where it does not look -- >> and dollars, the backstory, was like thailand. >> it was like thailand, as in -- the government tangentially dealing with draghi. >> can the government close the gap? >> the gains that we speak to in copenhagen say yes. it will be interesting to see.