day-to-day within the kleiner perkins office, what is the difference now with ali baba, with facebookwith google? >> speed of innovation. mobility. access to everything in your phone. that was really demonstrated by apple and the sale of the iphone 6. >> i have an iphone 6. i'm carrying my 5 with me this morning. i arrived in new york city and there were still lines around the block. the importance of innovation shift and the speed to market, that is what we are talking about. john scully telling us that he thinks the next big thing is using all of the cheap computing power in the cloud to crunch that data. >> there are so many companies doing it. the start up landscape is really significant. just watch this space. that is why you are seeing talks around hp. there are really good things coming out to read >> what are the risks of the cloud? you have all this frenzy. when you sit around the coffee isp or kleiner perkins, what the fear that you have of the frenzy over the cloud? obviously one. we are making key investments in those areas. that is really the central concern. making sure

design turner at kleiner perkins. bloomberg contributor editor john could rossi. -- paul kedrosky.will have more than a hour. ♪ >> you are watching a special edition of "bloomberg west," --apple's next generation. we learned they are adding a new motion processor for the new iphone. we focus now on their plan to turn to mobile payments. had tok on what they unveil today. >> today, we are launching the biggest advancements in the history of iphone. joining me again is joe brown, deputy editor of wired. ,lso with us is keith rabois former member of the paypal mafia. cory johnson is is with us from cupertino. we know the health chip is in there, we know it's going faster, we know it's bigger. what else. ? >> it has a great big screen. when million pixels on the iphone 6, more on the iphone 6 plus. i'm a little bit heartbroken that all the rumors are true. no surprises anymore. is really good for something elevation. if you give you great health access. your elevation, that's one more variable the phone can use to track you. the maps will be better. >> also, an accelerometer. >> all ph

kleiner perkins is knocking on the door, saying we will give you millions. with thehould start sea.in the we could bew profitable from the beginning. by asking ourselves more, it turns it more into what i wanted to be. >> is this just a free option for these guys? >> today you can do so much with so little. i was able to get a bit of a transaction going on where i could spend more money. >> a billionaire says that you can do so much more. thank you, john. ♪ >> that is going to be at for ."arket makers >> great way to start the week. >> the master seller himself as a slew of bestsellers. his books have sold more than 130 copies. he mated to the world without end. attorney, kim will be here to tell us about the business of being an author. is 56 minutes past the hour, meaning the bloomberg television is taking you on the markets. olivia has much more. >> stocks are rising right now and the vix is falling as the fed begins its policy meeting. with a look at where the markets might be headed from here, mark sebastian, the chief operating pass.com. option thank you for joining us. the vi

tomorrowill join us from kleiner perkins. monday, excuse me. 6:00 on monday.s report and conversation on the technology space into 2015. right now, though, there are a number of ceos moving out. jetblue announcing their ceo will move on. none more than a larry ellison. one of the nation's great stories of ceo leadership. is with us, former ceo of office depot. what a difficult childhood he overcame. four or five times along the way before great success. with his management practice of acquiring competitors -- was that a legitimate strategy? >> he has delivered over 20% returns for 24 years. people talk about how much money he makes and there is a little jealousy about that. he deserves it. look at the shareholder value he has created. he has taken these technologies and integrated them into an oracle suite. backbones ares running because of larry ellison. >> i think of him like alan mulally. at the same time, he is not a guy who has been able to delegate authority. it has been a one trick pony, right? do you shift the marker of space? >> you can. a lot of grea