coastal ventures partner keith rabois.ou so much for joining us. ♪ >> welcome back to "bloomberg west." with cory chang, keithn, and he's -- rabois. it is time for the bwest byte. that is the number of wins alabama has over the last four years of college football. it is also the exact number of wins that stan ford -- the stanford cardinal has. glamorousing the have of the tide, they exact same number of wins. >> alabama has been a couple of titles in there. quick they have a little bit of media bias that you should be familiar with. i do not think they have won an sec title in that era. >> you are the most fanatical stanford football fan out there. crazy iner sphere went and said ask him about the ball. my followersnt of are really interested in ports. -- 20% of my followers are really interested in sports. choose, stanford or alabama, jon? >> stanford. could you somehow combine football and hackathon? hackathon's or football games for competitive silica and valley stuff rank higher? >> if ever the sport, i would go ath da

cory and my guest, keith rabois.e are talking about mobile payments would have doubled between 2012 and 2013. you are one of the big emerging players in this industry. you power lift, right? >> we work with lift and sidecar. >> paypal powers you? >> that is the case today. >> tell us what other platforms you power because you are behind the scenes. >> this is a platform for all sorts of internet companies and internet commerce. --work with side products side projects and startups and public companies. some of the ones getting a lot of attention right now are the new mobile first companies and folks like lift thomas sidecar talk about tend to in startup land. >> just to explain a little further, it's a little different than just a thing that happens at the payment spot will stop and we are not talking about some kind of crossfit wing and throwing the barbell up. >> we are not doing crossfit or batteries. >> maybe it is more akin to the set and paypal. >> the focus of stripe is the idea that a lot of internet commerce

keith rabois will stick around through the show. we will talk about your expertise, and mobile payments. ♪ >> welcome back. i'm emily chang. with me is cory johnson and my guest, keith rabois. we are talking about mobile payments, which have doubled between 2012 and 2013. you are one of the big emerging players in this industry. you power lyft, right? >> we work with lyft and sidecar. >> paypal powers uber? >> that is the case today. >> tell us what other platforms you power, because you are behind the scenes. >> this is a platform for all sorts of internet companies and internet commerce. we work with side products side projects, startups, and public companies. some of the ones getting a lot of attention right now are the new mobile first companies and folks like lyft, and sidecar -- those we tend to talk about in startup land. >> just to explain a little further, it's a little different than just a thing that happens at the payment spot. we'll stop and we are not talking about some kind of crossfit wing and throwing the barbell up

now keith rabois is leading his investments.spoke about his take on the latest trends. >> there's a lot of interesting innovation, so we focus venture capital on the next generation. by the time it is in the public domain it is too late. i think mobile search will be reinvented. all the way search works on the web is broken on a mobile device. the question is who will figure it out first and be popular with users. i think you're obviously seeing a proliferation of new apps that are powered by a address book. i think that will continue. secret, whatsapp, lot of things are more important than the friend graph on facebook. the address book is more interesting. >> how big a threat? >> very serious. fundamentally, they're somewhat fortunate that apple doesn't lay lay -- play in the social space and know how to massage the address book. >> they have, little bit. >> but the leadership does not obsess on this. the message platform could be a significant threat to all of the social platforms that exist out there. >> they had a battle ear