before linkedin cofounder reid hoffman made him a proposition -- to help run the professional social network he started. it was a match made in silicon valley heaven. weiner became the ceo he never expected to be and hoffman stayed on as chairman. linkedin now has over 400 million members in 200 countries but faces its biggest challenge yet. so big, jeff weiner donated his own $14 million stock bonus to his employees. joining me today on "studio 1.0," linkedin ceo jeff weiner. jeff, thank you so much for being here. jeff: thanks for having me. emily: great to have you. we are going to start with the elephant in the room. after the first quarter earnings report, stocks plummeted 40+%. it still has not recovered. is the magnitude of that market reaction fair? jeff: you know, who's to say whether or not it is fair. it's a market. that's what markets do. they determine the day-to-day price. we through everyday execution will determine the long-term value. i think it was a surprise. we were not expecting that kind of response. and, you know, when you look at the core elements of our busin

. ♪ emily: linkedin cofounder reid hoffman is the latest silicon valley heavyweight to get his moneyolitics. he's offering to donate $5 million to veterans if donald trump releases his tax returns in time for the presidential debate. hoffman saw a challenge by a veteran. the challenge stated that he would donate any of the money raised to a nonprofit that assists veterans if trump releases his returns by the final date of the last debate. if he meets the target, hoffman declared he will match the total amount by five times, up to $5 million. the nfl's 2016 season just kicked off. that means fantasy site draftkings -- it's been a rocky road for the company. we caught up with the draftkings ceo, jason robins. jason: i think that this year was a little bit of a very pinpoint strategy for us, where we were very focused on driving other apps back to the game. we tapered down the big guaranteed contests. we focused instead on trying to drive volume into the social play. that was up about threex -- 3x year-over-year, which was awesome. what we expected and wanted to do, we accomplished in w

cofounded linkedin. please welcome reid hoffman. show. >> great to be here. >> trevor: first things first. stop spamming my in-box. that's your friend doing that. >> that is my friend. >> trevor: those are not my friends, those are my enemies. >> they like you anyway. >> trevor: that is what they are. welcome to the show. thank you for being here. it's strange because renot here to chat about linkedin, are you not here talking about your products at all. you are on the road encouraging people to not vote for donald trump. why? >> well, on the road today is not-- is is-- it is essentially this. there is a good candidate for president, who has spent years preparing, who has the skills to do this. >> yes. >> trevor: there is another one who is a reality television star show. >> uh-huh. >> trevor. >> that makes great television. makes great entertainment. is not great for governing. so i think it's really important that we as a country make the right decision and, enough so that this is the first time i have actually really ever spoken

scarlet: that was venture capitalist and cofounder of linkedin, reid hoffman, speaking with emily changfstra university could be the most watched the debate in history. you can watch our coverage beginning at a: 30 p.m. eastern time, including pre-and post debate shows with john heilemann and mark halperin. this is bloomberg. ♪ scarlet: this is "bloomberg markets." i am scarlet fu. starting without foreign central banks are no longer buying treasuries the way they once were whether it is china, japan, saudi arabia. it is the most sustained pullback on record. the light lower there and that comes as yields have been backing up as well. there has been a selloff in not just treasuries but also japanese bonds and european bonds as well. why are these central banks cutting their states? every country has its own reason, of course. china's selling treasuries to defend the u.n. and then you have japan's swapping treasuries for t-bills as well as cash. negative interest rate approaching of dollar demand at regional banks. itsi arabia needs to plug budget deficit following the collapse in oil pr

reid hoffman is here. he is one of silicon valley's savviest and most respected investors. he cofounded linkedin.nnouncedicrosoft plans to acquire linkedin for more than $26 billion. the deal is expected to close later this year. he is a partner at greylock, which has backed some of tech's biggest successes over the past decade. has also taken a public stand on the presidential election and to donate up to $5 million to veterans of donald trump releases his tax interns. im pleased to have reid hoffman back at this table. welcome. -- whatke what sin the is in the introduction, first of all. you want donald trump to release his tax returns, and if he does, you will give $5 million to veterans organizations. from a young marine vet iraq launched this campaign. we, as people who put our lives on the line, deserve transparency in our presidential candidate. i looked at this and thought it was brilliant. with the right alignment of people who have demonstrated the deepest public service together with, well, if you want to be a public servant, you should be transparent. i said this is great. i will do t