♪ >> what is the myth of bill gurley and what is the reality?i don't know if i can separate the two. i love being an investor. i think, over the past five years, people have made a big deal out of, do you have operating experience as a vc. i think over the next next five years, if the markets play out like i think, they will be asking do they have investor experience, because that is what the job is after all. >> some will only hire partners who were former ceos. >> 90% of the time when a venture capitalist opens their mouth, they are speaking to the entrepreneur they have not funded yet. there is a lot of marketing messages out there. >> it is said you have a generational shift between old and new. would you describe it that way? >> when i came into the business, john doerr and mike moritz were the legends of the game. i competed with them on the google deal and messed it up. >> why? >> they presented it and we were like, oh, let it go. biggest mistake of my career. >> what did 1999 look like compared to now? why is now not a bubble? >> all i s

gurley and his girlfriend went downstairs or mr. collapsed and someone else had to call the ambulance. this is a huge problem. it does not make sense to me that someone who accidentally shot someone would decide the first course of action would be, let me get my union rep on the phone before actually do my duty to figure out, did i heard some of you, how can i make it better? >> vents warned, thank you for being with us executive director , of the center for constitutional rights. when we come back, we're going to portland oregon, were we will be joined by the college remake of kayla mueller, who just died in syria. stay with us. ♪ [music break] >> this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman with juan gonzalez. >> we end today's show remembering kayla mueller, the 26-year-old u.s. aid worker who has died while being held captive in syria. last week, militants from the islamic state said mueller had died in a jordanian airstrike on the city of raqqa. mueller's family and the white house confirm

bill gurley here with us. why are you here?not a sports sghi i'm primarily here to have fun. i enjoy other people analyze what they're doing at the depth they do here and i'm really disconnecting from silicon valley for a day to be amongst some really smart people in an area i love. they also asked me to judge their business plan competition like a "shark tank" competition. >> not nearly as good as mr. cuban. >> are you getting confused for a basketball player because of your height? >> a little bit. i did play a long, long time ago. >> more importantly look at smaller companies looking for money. a ton of people here, 3100. are we looking at a bubble top? that's the kind of thing you're talking about. these sports data companies are not going to be uber, not going to be google. we're live right now. this is daryl. conference organizer jumping in. houston rockets general manager. we'll get to him later. sos these companies, they're not going to be google, they're not going to be uber, how do you see this bubble happening? >> we

lang fired and hit gurley in the chest. police say the shooting was accident lang has bee on desk duty since then. ba to you. >>> some family members are disputg reports that bobbi brown will be taken off of life support tomorrow on the third anniv of the death of her mother whitney houston. there are mounting prayers across the country today for the young woman and her family. just last night several hundred showed up at a caoutside atlanta. bobbi kr remains on a ventil at emory hospital in atlanta. r conditi has not changed since she was found unconscious in a bathtub two weekends ago. her mother also was found in a bathtub. >>> you blink, you miss it gone in six seconds. it took 4,400 pounds of explos to bring down the old clarion casino and hotel in las vegas. the 1-story structure was built back in 1970 off the vegas strip. casino will be built on this site. today's predawn blast went off without a hitch. the elevator shaft withstood the blast and remained leaning to one side. crews plan to finish the job off later tod

gurley.t he had his finger on the trigger, and he fired the gun. >> reporter: prosecutors say after the shot liang turned to his partner and said i'm going to be fired. and then he didn't call 911 or call for backup or try to help gurley. but the officer's lawyer says the charges are unfair and liang is not guilty. >> what happened in this case, despite the spin anybody wants to put on it is this was an accidhe indictment two months after a staten island grand jury voted not to indict an officer in the eric garner choke hold press drew measured praise from protesters. >> you can get indicted but not get charged with a crime. i'm just waiting to see what happened. >> reporter: and a call for patience from the mayor. >> there will be due process here. as he deserves, as everyone deserves, there will be due process. the only thing we know for sure is there was a human tragedy involving mr. gurley. he's gone. >> this case has nothing to do with ferguson or eric garner or any other case. this case

then, bill gurley made his way to the promised land of silicon valley, launching a venture capitalist joining venture capital in 1999. almost right away, the bubble burst. bill gurley rode the market up and down, along the way making his early bets on some of the hottest names -- twitter, uber, snapchat, instagram. joining me today on "studio 1.0," seasoned venture

investigators say officer peter lee yang had a gun drawn and shot gurley in a dark stairwell.ct charges against the officer have not been made public. >> today marks three years since whitney houston was found dead in a beverly hills hotel bathtub and as far as we know her only daughter remains on life support in a georgia hospital. similar to her mother bobbi kristina brown was found face down in a bathtub at her atlanta area townhome on january 31st. she is in a medically induced coma. a 911 call from january 23rd was released yesterday. in the call, a guard said a neighbor reported a domestic disturbance outside bobby's townhome. >> philadelphia's getting national acclaim as the rest of the country learns about our great shopping dining and city life. this weekend's fyi philly highlights what puts us on the map. melissa magee highlights one special place. >> reporter: a sliver of south philadelphia bordered by washington avenue to the north and mifflin street to the south between fourth and sixth streets you'll find the 16 block sweet spot ranked seconds in the nation. >> n

and his gun was out and he shot and killed akawhi gurley and he had conscious use of that firearm when he used it. >> thanks for that faith jenkins, we appreciate you being here. >>> and still ahead, spike lee has a new joint. >> dr. green, if i may say so you don't look that good. >> go away. >> who are you? >> i'm an addict. >> and i'll talk to him about his new movie and the hollywood on going issues of movies. >>> and first i'll talk about john kirby about what the president's military address could mean for the strategy to defeat isis, after the break. [ male announcer ] at northrop grumman, we know in the cyber world, threats are always evolving. at first we were protecting networks. then, we were protecting the transfer of data. and today it's evolved to infrastructure... ♪ ♪ ...finance... and military missions. we're constantly innovating to advance the front line in the cyber battle, wherever it takes us. that's the value of performance. northrop grumman. you just got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you

helen gurley brown. >> helen gurley brown had lived without being married very happily, you know, dating, supporting herself. and she wrote a book, "sex and the single girl," which was about her life. and it became a huge hit. >> isn't this whole subject of sex being discussed and written and talked about too much? >> i could expect a reactionary opinion like that from you. i don't think so at all. >> she openly talked about sex and said you won't get struck by a lightning bolt if you have sex before you're married. >> for average, run-of-the-mill women, it was a bigger deal than "the feminine mystique." >> now that it's all right to discuss sex, people are now talking about it a great deal, and i don't think that's so bad. >> yes, arthur? >> i think that talking about sex wastes such a lot of time. >> helen gurley brown pointed out that the guys had one standard, the women had another. and that was a revelation. rules that had existed for a thousand years just overnight they were gone. >> in a recent survey, 44% of the high school and college girls questioned said they approve of sexual

at the time gurley and his girlfriend were just waiting for an elevator.ficer liang is expected to face multiple charges including second degree manslaughter. >>> we've got a decent day today. temperatures will climb into the mid-40s. that's fairly average for the middle of february. after that things are going to go downhill quickly. starting tomorrow afternoon a strong front comes our way. we'll have a high of 42 but that will be late morning, midday before dropping into the 30s with a couple of snow showers and very gusty winds into tomorrow night. so that will drop temps by thursday night, friday morning into the low to mid-teens. some subzero windchills. friday in the 20s. that will be painful enough till we get to sunday. we won't get out of the teens, coldest air of the season. by tuesday tracking a system that potentially could bring a mix of snow, sleet, freezing rain, rain to the region. it's way ow there now. so i can't tell you exactly if it's going to be all snow or a mix. the threat for a messy tuesday is clearly hanging over us after some ve

gurley was in the dimly lit stairwell of a brooklyn housing project. he had gone in there with his girlfriend because the elevator wasn't working and they were going to walk down the stairs. when officer peter liang opened fire. on wednesday, was arraigned on charges. he reportedly did not call for help or respond to police radel contact for several minutes after shooting akai gurley dead. the defense attorneys say the shooting was accidental. instead, he called his union representative. after the hearing, his partner kennerly ballenger said her family once the indictment to lead to conviction. >> i want to thank the da office or getting us in indictment. this is the first step in justice. now all we need is a conviction which i have faith we will get. it is hard. there is, like, no way to express it. it is really hard when someone that you're used to being home isn't there anymore. not only is it hard for me and my kids, it is hard to his family as well. >> three white men have incentives to prison for the 2011 murder of an african-american man in jac

thankfully in the dellath of gurley, we will now have that trial. we'll be right back. and a lot helping you. technology that's with you always. this is our promise. it's never been better to wander because wherever you go, you'll find us doing everything we can, so you can. shopping online is as easy as it gets. wouldn't it be great if hiring plumbers, carpenters and even piano tuners were just as simple? thanks to angie's list now it is. we've made hiring anyone from a handyman to a dog walker as simple as a few clicks. buy their services directly at angieslist.com no more calling around. no more hassles. start shopping from a list of top-rated providers today. angie's list is revolutionizing local service again. visit angieslist.com today. >>> i stand before you today to announce my candidacy to president of the united states of america. >>> then illinois senator barack obama eight years ago today announcing his intention to run for the country's highest office. traveling to the old state capitol in springfield laying out a vision that would guide him and the country

bill gurley wrote over the weekend.asically saying, late-stage private companies could be overvalued. haven't endured the scrutiny of the ipo problem. it's easier to raise money than it is to actually build a profitable business. no need to buckle down if the markets allow you to operate in a looser fashion. >> while there are real companies, talk about the nasdaq-like, amazon who built the idea of mobile and cloud revolution. >> there are other companies assuming to build the next business on top of that like pinterest and snapchat. i think the question is, what kinds of quality businesses are going be built in that era. some of these businesses are getting multi million dollar, tens of millions, hundreds of millions valuation based on hope when the revenue model is not that clear and profit model certainly isn't. >> we're getting a lot of data, and anecdotes like companies valuing the $1 billion mark as a milestone for a company instead of maybe users or revenues or actual growth. >> they want the billion dollar valua

what is different is bill gurley talks about fab.com as an example of what happens when vc's get tooited and lose millions of dollars. what is different, this time, it is just the vc's at risk as opposed to retail mainstream. >> i want to bring up some data we pulled from your report. what we're seeing is growth in valuation at the point of the ipo. are we discovering that there's no growth after the ipo? >> what is interesting about that graphic you pulled up people talked about the old days as if we want to bring them back. like, turn those machines back on, bring those brokers back in here. amazon with public on $16 million of trailing sales. the message that comes out analyses like no gurley's, those days are over and they're not coming back. the configuration of wall street has gone and the new normal is large-cap. >> it does mean you have to have vc money in the early rounds. >> you don't want to go to the public -- you say what is different about today in 1999, these copies are generating a lot of revenue but still not profitable. i saw a funny article, the new rules, one is,

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the family of ak kai gurley who was shot in november say this is the first step in a fight for justicerges are expected to be unsealed later today. >>> from nbc news.com, newthe right to rise pac says it was important for ethan to step away after tweets were uncovered that were offensive to women and gay people. i only hope my recent news won't stop -- >> i resign my role at right to rise. best of luck to everyone there and i apologize in advance to whoever fills my position. >>> in alabama a tug of war between state and federal decisions on gay marriage. ahead of thursday's hearing that could settle the issue once and for all. a growing number of judges are following the federal ruling to issue marriage licenses to same-sex couples. >>> in an interview with buzzfeed president obama says he thinks the federal decision on gay marriage will eventually win out. >>> talk about big money, tonight's estimated powerball jackpot is up to $485 million. by 2 time the winning numbers are drawn tonight that jackpot could easily exceed a half billion dollars. >>> the way you think about cholesterol

rookie officer peter liang accidentally shot 28-year-old akai gurley in a dark stairwell in a brooklyn apartment building. with measles spreading what, should parents know about the safety of vaccines? and the chase is on when the cbs evening news conti ...and the wolf was huffing and puffing... kind of like you sometimes, grandpa. well, when you have copd it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... doctor: symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections osteoporosis, and some eye problems. you should tell your doctor if you have a heart condition or high blood pressure before ta

officer has been indicted after fatally shooting an unarmed black >> grant:the 28-year old victim.akai gurley. was in a dark brooklyn stairwell.when officer peter liang fired once.killing him. >> grant:today's grand jury potential charges. brooklyn's district attorney >> grant:also tomorrow, officer liang is also expected to turn himself in. >> pam: new at 8: >> pam: >> reporter: the stick of video from earlier. at the streets of berkeley you to see dozens of protesters marching to city hall earlier today all of them are upset with what god is police brutality happening last year here in berkeley with the pepper spray. they are upset over that city council is inside talking about police tactics bridge with the possibility of their officers using body cameras. and a rubber bullet policy and pepper spray policy creek they will discuss all of those issues tonight and told miti is a running a little long right now. they have not gotten to those issues at the moment. that >> reporter: is what it looks like right now. a few dozen protesters still inside. they have to get through all of that print o

he and his partner were on patrolf8qqñ a dark stairwell when gurley happened to enter from a floor belowm. leyang accidentally shot him in the chest. >>> "newsw iogin tonight i readers for potential offensive posts online aft is hacked. >> they said they took over their social media accounts this morning fout minutes. "newsweek' twitter page and banner were dere placed with this image of a masked figure that included the text "je suis isis." >>> a call for change tonight as one of mvrd m.d.'s hit-and-run bishops. a leader says they should reform their election process for bishops citg heather cook. she was confirmed to her post despite a prior drunk driving conviction information he says wasn't avbl to all who elected her. cook is currently charged in a deadly hian in baltimore where police say her blood-alcev was nearly three times the legal limit. >> two pp wound up in the hospital a police cruiser and a car collided in prince george's t we're to the cruiser's lights and sirens were on, but the other driv apparently didn't see it. that crash near indiana head highway in flt washington.

melissa butler was with gurley trying to perform cpr while they argued about reporting the shooting. >> my lane did in our community what wouldn't happen in a white community. they would not be a vertical patrol in a white community where there has been no reports of anything happen, and the officer comes down the stairs with his gun unholsterred that wouldn't happen. >> the shooting comes amido a national debate over how minority communities are policed. the choking death of eric garner sparked protests, that did not result in charges be evens the police that killed them. the case highlights the unreliable of the grand jury system when dealing with police ken thompson acted like prosecutors normally act. they have complete control over the odder the evidence, and presented what i would imagine was a compelling case that supported for why this police officer should be charged. in ferguson and in statton island we know the prosecutors did the exact opposite. >> officer's lawyer accused the black district attorney of having an agenda. >> this was a summary grand jury, it was clear ther

. >>> in two hours supporters of akai gurley will release balloons at a candlelight vigil marking threee his murder e. was killed by -- he was killed by an nypd officer as he and his girlfriend entered a dwarkenned -- darkened stairwell. >>> and bobbi kristina brown has been taken off of a ventilator. they want to take the 21-year-old out of the medically induced coma. >>> chris christie is the subject of three high-profile reports today, all with basically the same message. that his grasp on 2016 is quickly slipping away. the stories are all worth reading but cite gaps and his campaign staff and the rise of one johnell is bush jeb bush. and the only person as geeky as me that knows what jeb bush stands for. and putting that aside as the kpeltive -- competitive factor what are his main problems. >> he has a few. this is the invisible primary. you are going after donors and big-name endorsements and you want to create the aura of in conveniencibility. he is doing a great job behind the scenes but struggling to lockdown donors in new jersey and new jersey is a very big money state when it

york city police officer has been indicted in the shooting death of an unarmed man. 28-year-old akai gurleyd from a sim shot to the chest. the incident happened in a dark stairwell of a housing project in november. at the time the nypd said the shot was accidental. officials did not reveal the charges against the officer, peter lang. he had been on the job for less than a year and a half. >>> opening statements begin just hours from now in the trial of a man charged with the killing of a former navy s.e.a.l. it was the former navy s.e.a.l.'s story told in the block busty movie "american sniper." >> all eyes will be on defendant eddie ray routh. he's accused of killing chris kyle and kyle's friend at a texas gun range back in 2013. >>> earlier i asked the renowned jury consultant to weigh in on this case because she knows a lot about high-profile trials. she helped choose the jurors who acquitted o.j. simpson of murder back in 1995 for example. listen here to her reflections about the jurors in this case and their potential biases in the american sniper trial. >> what we know is that the jud

york city police officer has been indicted in the shooting death of an unarmed man. 28-year-old akai gurleyhot thisshot to the chest. it happened at a housing project in november. at the time the nypd said the shot was accidental. >>> and reassuring leader of gulf states of close ties. this comes after a leaked recording purportedly shows the president and senior aide making insulting remarks with their rich donors. the recordings have not yet been authenticated. >>> the israeli prime minister is defending his decision to address a joint meeting of the u.s. congress next month. benjamin netanyahu says he has a profound disagreement with the u.s. and its partners on nuclear talks with iran. he says the deal would be dangerous. listen -- >> i'm going to the united states not because i seek a confrontation with the president but because i must fulfill my obligation to speak up on a matter that affects the survival of my country. >> police in australia say they've foiled an imminent terror attack. we'll show you what they found when they search this house in a sydney suburb next. >>> the high-p

we had a chance to talk to general gurley about it. they were asking the doctors of whom they default to the prescription that dod doctors had written. it is nice to put it on paper. i would feel more comfortable if it were something that the joint executive committee looked at and gave it the implementation authority to make sure that if you had a prescription on active duty, a mental health drug, when you go to dod to ensure that you are going to get that drug is extremely important. there are a lot of social ills that occur if it falls back. >> thank you, mr. chairman. >> could i just add, at the beginning, the chairman invited us to speak our minds, is dangerous in my case. i think his collaboration idea is not going to work. i do not think he will get to where you want to go unless you start considering putting these two together. it is going to be dod that is going to be in charge of it. i think you have to go further. i would give this committee both authorizing and appropriating authority so they cannot rope a dope you. you nee

yesterday a grand jury in new york indicted a rookie nypd police officer tor killing a unarmed man, akaei gurleyell. the nypd said this is a tragic accident but some see it differently. one community activist from houston has led protests against police use of force around the country. but he recently did smls unexpected. he went through a police training exercise to get a different perspective. during four live-action shooting scenarios he had to decide whether to shoot, use his taser or hold fire. with us now, quanellx. what is your reaction to the indictment in new york? >> i believe the grand jury did the right thing because the man in the stairwell was doing nothing and he was an innocent victim and the police officer overreacted and he should be responsible for the taking of that man's life. >> and did this experience of going through a police training exercise change your view of police and protesters? >> it gave me a much better understanding and understanding this. every community needs a good police department and every police department needs a good community police relationship with

issued a statement saying no matter the specific charges, the case is an unspeakable tragedy for the gurleyily. we urge everyone to respect the judicial process as it unfolds. and many other reactions as well. >> that's right. some were concerned this case was by all accounts a tragic accident, but other cases, the garner case captured on video, man being choked to death, no indictment. in this case which again, coninfluence of circumstances, he was in the stairway because the elevator wasn't working, dark because the light is burned out. folks are feeling good about it it is a step in the right direction in terms of justice. what about other cases, what about many that happened already. >> some questions you pointed out, this case including position of individuals, where they were this officer was a rookie and that right after the incident had taken place, according to "new york daily news," the officer notified the union representatives of the shooting before supervisors. >> according to reports, supervisors couldn't get a hold of officer lange or his partner for six and a half minutes. m

the victim, akai gurley, was described as a "total innocent" in the case. new york is obviously not the only community grappling with the fallout from cases such as this. last night, we brought you a story about efforts to curb the use of similar lethal force in albuquerque, new mexico. so what are communities doing about it? for more on that, we turn to cornell william brooks, president and ceo of the naacp and richard beary, president of the international association of chiefs of police. thank you both for joining me tonight. months later, after all the discussions of ferguson and staten island, what progress are we making mr. brooks in trying to get to police reform? >> i'm hopeful there is an emerging consent in both our ability to bring about policing reform and a concrete set of policy proposals. so whether it be at the federal level and the racial profiling act, which would tie federal funding to the training of police officers so that they don't engage in racial profiling to the naacp-supported and passage of the death in custody act. up until a lit

police say officer peter lieng had a gun drawn and shot 28-year-old akai gurley in a dark stairwell atpublic housing complex. officer lieng is scheduled to appear in court today. >>> brian williams has been suspended for six months without pay following his false claims about an experience he had during the iraq war. nbc also said it had concerns about comments williams made outside nbc while talking about his experiences in the field. >>> go ahead enjoy some eggs and bacon for breakfast this morning. it's okay. new research has undermined the world that dietary -- role that dietary cholesterol plays in a person's heart health. the vials sorry committee will no longer people to avoid eggs shellfish and other cholesterol laden foods. >>> happening today mayor nutter plans to make an announcement about philadelphia's much anticipated bikeshare system including the system's name and web site. bikes will be available for pickup and drop-off at 60 stations across philadelphia starting this spring. >>> jon stewart fons fans a mourning this morning. during a recent taping of his news cat the

if anything, i was reading a piece by bill gurley, it is not a bubble we are seeing, it is more of aere's a lot of investment out there. they're not going to all make it, even the good ones. >> jason, thank you so much. the ceo at redef. as you just heard, that is the opening bell. i want to bring in crack hodges -- craig hodges. could be damaging to the middle class? how is that? >> good morning. i think rates are going to stay low for probably a pretty good extended time. there's is one problem out there that i see is that the disparaging between the middle class in the 1% keeps getting larger and larger. so you really do need a good long recovery in the economy to help the middle class. you go in there and start raising rates to quit, that is when a make it even worse. -- raising rates too quickly, that is going to make it even worse. this has been going on for so long. we have been talking about them raising rates for two years. at hodges capital, we don't really obsess over the interest rates. we research companies and look for opportunities, and there are plenty out there. >> q

we've got bill gurleys the vc from benchmark to talk about valuations and more.atch, how long that battery will last and finally "house of cards" is out. a review from "time" magazine. all on "squawk alley." tune in. in my world, wall isn't a street. return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. jack's heart attack didn't come with a warning. today, his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before your begin an aspirin regimen. over the next 40 years the united states population is going to grow by over 90 million people and almost all the growth is going to be in cities. what's the healthiest and best way for them to grow s