emily: ellen pao versus kleiner perkins trial. what did you see in that? david: let's see.ss i would see a no-win situation for anybody. it was a tragedy all the way around. emily: why? david: it is something that is not good for venture, not good for kleiner, not good for ellen. it turned out to be something where there is a lot of drama and a lot of pain. i am not sure what good came out of it. i am hoping there will be some. there are some good lessons there about how you treat employees. maybe some lessons about document retention. maybe some thoughts about how you build your firm. john: at the meta-level, the pressure it puts on our industry is to make sure we are representative of full diversity is very good. we have a lot of work to do there. david: until a firm votes with their feet and their wallets, they can be judged harshly. emily: part of the reason kleiner found itself in this position is venture capital firms have historically had a problem with succession. how do you make sure greylock is around for 50 years? david: greylock at 50 years could sometimes get t

a recent driver of this discussion is that ellen powell versus kleiner perkins lawsuit that powell sueder former employer for gender discrimination argue that the vc firm did not promote her because she's a woman. she lost that case but it did generate a lot of top. the trade group, which was just formed in december, will tail a plan at the white house swrout lining steps for diversity. maybe better human resources policies and more studies measuring diversity. the numbers are not too good. according to a 2011 study by dow jones only 1% of vc partners are african-american and less hand 1% are latino while a ba bson college study said the numbers went down from 10% to 6% in 2014. a silicon valley valley husband and wife are announcing a pledge of $40 million during the neck three years, two initiatives dedicated to gives women and underrepresented minorities more opportunities at becoming entrepreneurs. all of this is happening at the first ever white house demo day, it's happening wherein straighters will be featured from across america. a pretty big stage we are talking about here. >>

emily: have you been following the ellen pao versus kleiner perkins trial? facebook and twitter.t is your take on the sexism issue in silicon valley? mike: it is kind of surprising to me that it took this long for anything like this to happen. i mean, it has been male-dominated for -- i am old. i was in it in the 1980's. i am not surprised. engineers, i making a broad statement, but i think a lot of male engineers have this thing about women that goes back to women treating them badly in high school. or something. and maybe there is a little bit of that. alec: anything that is ripe for satire, we have a duty to the show to go after. if we can figure out an inspired way to hit it, absolutely. emily: would you work for amazon studios? would you work for netflix? ♪ emily: i wonder, how does silicon valley compared to the other things that you have done? "seinfeld," "beavis and butthead," office space." mike: "king of the hill," "beavis and butthead," there was no overall arc. i have never done live-action television. i have done movies. when you have 40 crew people standing behind y

you may recognize this face, ellen powell recently sued her former employer kleiner perkins, accusingthem of gender discrimination by passing her up for promotions. she lost her case but it did attract a lot of international attention and at that has been one driver had this this discussion in the moves by vc firms to increase workplace diversity. the national venture capital association formed a new trade group in december which came up with the plan it is renting at the white house today. steps include research that measures diversity and developing better human resources policies. now, the numbers here not too good, according to a 2011 study by the association and by dow jones only 1% of vc partners are african-american, less than 1% are latino. according to a fortune magazine report in 2014, 92 of vc firms that raised over $200 million since 2009, only 4.2% of partner level venture capitalists were women. so again not good numbers and there's concern how this might impact who gets funding, women and minority entrepreneurs do they get the same attention from vc's? one silicon valle

. >> vitter times kleiner report reads like a greenpeace newsletter.owing louder and we're running out of time and the worst is yet to come. >> on tv storms are not just bad but historic. >> catastrophic and crippling. >> historic. >> historic. >> historic. >> climate change causes so many problems. >> was this asteroid caused by global warming? >> is this effective global warming? directed is between fiction and reality with a political agenda. >> this is what would happen >> climate scientist with a laugh at the claims but the kids don't know that today in schools they watch this over and over and children who have to sit through the film four times in four different glasses. >> the kids also watch the story of stuff how radios are made. >> the metal is from south africa of petroleum in iraq. >> the story of stuff has been viewed 40 million times >> date paid for the loss of their clean air with cancer and asthma raise the kids in the congo paid with their future. >> is telling kids everything you buy that we are exploiting other people. i'm sorry i

appealing an order to pay more than a quarter million dollars in attorney fees to her former employer, kleiner perkins. pao has sued the firm claiming it denied her promotions because of her gender. she lost the trial but sparked a diversity debate. pao recently resigned as ceo of reddit. >>> republican presidential hopeful jeb bush is scheduled to return to the bay area. he will attend a fundraiser in san francisco. tickets cost $2,700. this is the former florida governor's second stop here in the bay area in a month. >>> the smart train may lose its funding. a u.s. senate committee drastically cut a program. officials are still hopeful that some deal can be reached. in 2008, voters approved a sales tack with the promise the train would run from clover dale to larksburg, where riders could catch a ferry into san francisco. >>> now back to that search for a woman who may have jumped off the bay bridge into the waters below. abc 7 news reporter janet oh is live near the scene with the very latest for us. janet? >> reporter: you can see the coast guard out there on their boats with the flashing

. >> jeff kleiner, who is not here, after 25 years, we promoted into senior eap and were adding a staff would increase staff for employee assistance program in 12 years. the operations manager, our new operations member services manager will begin on august 17. he will be at the next board meeting and he comes from usc w has lots of experience. and we will continue to keep two positions empty per the requirement of having attrition savings in the budget. which is kind of ironic. nonetheless, were almost fully staffed. maybe someday we won't have to keep positions empty. in terms of operations, all customer goals were met. i just want to point out, we stopped 17 people on the holdover list. that's down significantly since i came. for those of you who don't know what the holdover list is, if you are laid off, you get health benefits at the same benefit rate you have for five years. that's for you and your dependents. every year we are required to make them certify that they don't have access to other coverage. so nothing for people actually have other coverage. because they found other wo

. >> jeff kleiner, who is not here, after 25 years, we promoted into senior eap and were adding a staff position in eap. this is the first time would increase staff for employee assistance program in 12 years. the operations manager, our new operations member services manager will begin on august 17. he will be at the next board meeting and he comes from usc w has lots of experience. and we will continue to keep two positions empty per the requirement of having attrition savings in the budget. which is kind of ironic. nonetheless, were almost fully staffed. maybe someday we won't have to keep positions empty. in terms of operations, all customer goals were met. i just want to point out, we stopped 17 people on the holdover list. that's down significantly since i came. for those of you who don't know what the holdover list is, if you are laid off, you get health benefits at the same benefit rate you have for five years. that's for you and your dependents. every year we are required to make them certify that they don't have access to other coverage. so nothing for people actually have oth

cory: that was the biggest the kleiner in the s&p. we have not had a lot of market breadth.w stocks of made it look like everybody was doing fine. these five own stocks. olivia: netflix has doubled. paul: technology is one of the areas where you really could find organic topline growth. they were getting a lot of investor attention. namesr it's the internet or some the cool sexy names like netflix, yesterday they got caught up in it as well. olivia: it seems curious that these growth stocks got caught in the crosshairs of a selloff. this was triggered by concerns of a slowdown in china. be a catalystt for next flicks -- netflix westmark --? head held incks there. it is not just china. it's currencies and oil that came together yesterday. there was a very high-volume take yesterday. it held in their be well. they do have decent topline stories. when you think about the trends in the internet, those things would perform well, even in the beginning of a week market. yesterday, everything got caught up in it. cory: we talk about topline. in the bear market we talk about bottom l

. >> jeff kleiner, who is not here, after 25 years, we promoted into senior eap and were adding a staff position in eap. this is the first time would increase staff for employee assistance program in 12 years. the operations manager, our new operations member services manager will begin on august 17. he will be at the next board meeting and he comes from usc w has lots of experience. and we will continue to keep two positions empty per the requirement of having attrition savings in the budget. which is kind of ironic. nonetheless, were almost fully staffed. maybe someday we won't have to keep positions empty. in terms of operations, all customer goals were met. i just want to point out, we stopped 17 people on the holdover list. that's down significantly since i came. for those of you who don't know what the holdover list is, if you are laid off, you get health benefits at the same benefit rate you have for five years. that's for you and your dependents. every year we are required to make them certify that they don't have access to other coverage. so nothing for people actually have oth

. >> jeff kleiner, who is not here, after 25 years, we promoted into senior eap and were adding a staff position in eap. this is the first time would increase staff for employee assistance program in 12 years. the operations manager, our new operations member services manager will begin on august 17. he will be at the next board meeting and he comes from usc w has lots of experience. and we will continue to keep two positions empty per the requirement of having attrition savings in the budget. which is kind of ironic. nonetheless, were almost fully staffed. maybe someday we won't have to keep positions empty. in terms of operations, all customer goals were met. i just want to point out, we stopped 17 people on the holdover list. that's down significantly since i came. for those of you who don't know what the holdover list is, if you are laid off, you get health benefits at the same benefit rate you have for five years. that's for you and your dependents. every year we are required to make them certify that they don't have access to other coverage. so nothing for people actually have oth

. >> jeff kleiner, who is not here, after 25 years, we promoted into senior eap and were adding a staff position in eap. this is the first time would increase staff for employee assistance program in 12 years. the operations manager, our new operations member services manager will begin on august 17. he will be at the next board meeting and he comes from usc w has lots of experience. and we will continue to keep two positions empty per the requirement of having attrition savings in the budget. which is kind of ironic. nonetheless, were almost fully staffed. maybe someday we won't have to keep positions empty. in terms of operations, all customer goals were met. i just want to point out, we stopped 17 people on the holdover list. that's down significantly since i came. for those of you who don't know what the holdover list is, if you are laid off, you get health benefits at the same benefit rate you have for five years. that's for you and your dependents. every year we are required to make them certify that they don't have access to other coverage. so nothing for people actually have oth