i had no idea that marc andreessen, who is good guy, i'm not saying he did anything illegal, made a gazillion dollars wifing skype from ebay and in a deal he didn't take that much risk. carl did, went in there and look at silicon valley guys. they are holier than thou, they support barack obama. they think they're on the side of the angels. guess what? they're just as sleazy or as sharp elbowed you might say. melissa: that is good idea. >> as guys on wall ll ask him at that you're talking about that charge against andreessen they bought the company, for $1.9 billion. they turned it around -- >> skype. melissa: skype, they turned around and sold skype to microsoft for 8.9 billion. >> he would say he did it properly. he bid it out. you know, i love how carl sort of unwounded the insider game that was, that was played there. melissa: okay. >> make no mistake about it, silicon valley may vote democratic every time but they're just as nasty as those republicans on wall street. melissa: paypal's ceo was on about maria bartiromo today, kind of throwing are carl a bone what they may do in the future.

. >> charlie: marc andreessen has been here many times on the show. >> and he's always good. >> charlie: so you once described him, i think, as the beyonce and you the kellie roland. >> charlie: tell me about your background, what brought you to silicon valley? >> an interesting thing. i grew up in berkeley, my grandparents were communists, my father is a fairly colorful figure, a political rabbl rebele rouser. my mother was a nurse. it was a defense transition for me to go here. i learned about computers when i was a kid and i just thought they were going to be everything and changed the world. if you're into computers, you end up in silicon valley. >> charlie: you just loved them at first knowledge? >> yeah, well, i loved, you know, working with them. i was always the kid who you buy me an alarm clock and i take it apart to figure out how it works, so i was kind of an engineer at heart. and when i understood the math on how fast things were growing, when i first kind of understood moore's law in the eighth grade, i never forget the feeling, like the world is going to be completely dif

but going after marc andreessen and other members of the board, at the end of the day it was decided that this was more of a distraction than getting to the end goal. i am just hypothesizing. he did bring up the important point of calling attention to this inherent conflict of interest that you often see. >> let's talk for just a second before we wrap up about the message that this since to corporate america. -- sins to corporate america. america.to corporate all that you have to do to a company is 8.2 per -- 0.82% of the stock. it is almost like he held ebay hostage and they had -- and they had to give up something. what happens when the next activist investor holds things -- holds them hostage, 0.82%. naturally, he doesn't look at it this way. nobody held me hostage. but is in that kind of what carl icahn does? >> the flipside of that is that activists are performing a role that is needed in the market economy. because they are getting in there and they are agitating and there is always the danger in any company and with any board that people get a little bit lazy and they kind of

he was very harsh in a letter against marc andreessen. not describe it as anything else but an attack. it didn't look like it was going to get resolved until ebay's annual meeting next month. only anahoe told me was few days ago, jimmy lee, the jpmorgan, among the most powerful bankers on wall street -- jimmy lee put him up to this discussion. he said, listen, you guys have far more in common than you think you do. you should both sit down, hash this out. icahn spend he and a lot of time together. and where are we today? i'm going to say the proxy fight is over. donahoe characterizes this as an agreement. icahn characterizes this as a detente. they are not the same thing. ♪ >> welcome back. you are "in the loop." im betty liu. it is 26 minutes past the hour, which means bloomberg news is on the markets. we look about flat here. >> we look pretty much flat here. we had a big rally yesterday fueled by the fed minutes, so we did get a pop on the futures markets after we got those weekly jobless claims showing that jobless claims fell last 00

ok now marc andreessen the co-founder of netscape says we're following a textbook strategy on how to kill public stock market in eight steps that i'm going to now one is shrink the number of public companies each year to use regulatory reform to reduce i.p.o.'s three increase number of regulatory regulators or other activists and pressure groups who are for shrinking numbers of public c.e.o.'s put pressure on public companies disincentive distance that the new i.p.o. is an incentive in private takeovers five have private growth companies go public much later or not at all six make realizing gains harder through lack of growth seven a layer on market manipulation front running and h f t profit extraction age repeat as necessary until blood completely squeezed from stone then wonder what happened to the good old days that kind of like that now it sounds like he thinks there's no bubble do you agree with any of his individual points. i think he makes a great overall point and all of those things boil down to one thing is that we have regulated a lot of companies out of the public market

. >> or marc andreessen's joke about silicon valley's icahn will target them for spending too much moneyased in california. >> here you go. how about the best april fool's joke? >> thjimmy fallon. >> enough with the reply to all, everybody, come on. i had 100 of the black finkfein e-mails. >> good morning, if you look at the curve today with the fives at 177, that means all maturities including fives and up to fives are now down on the year in terms of price, up on the year in terms of yield. we closed at 174 last year on fives. look at two-days of 5s, 10s, and 30s and what will jump out are a couple of things. the knee jerk reaction was teamening and the adp numbers at 8:15 eastern were decent, firm, and we had a 28% to 30% revision on last month, so it is the type of move one would expect. now, let's get back to the curve. a one-day of the fives tens and the one-day of the fiveses there 30s it's working its way out because the number was in the zone of expectations wasn't really too hot, certainly wasn't too cold. steepening seems to be what is happening in slow-motion. the long end is

would shows you is that within the tech sector there's a bifurcation there i think people like marc andreessenthey've talked about the fact that there is no bubble and you know if you look at these you could say yes there's no bubble but these stocks are not the same as they were in say one thousand nine hundred these are it was stuff that example of a. more value stocks more traditional s. and p. stuff like high flyers anymore there's no huge upside in terms of growth in those stocks and that's whether p. e. ratios are low the new blue chips new blue chip now i want to ask you let's say hypothetically add this is about what happens next what we're going from here with a question of transaction subsidies you know what happens to the economy and what happens with accommodation if the fed. comp is less accommodative bad things will happen if the economy falls the bad things can happen otherwise you can keep on going and as always thank you rock that's all for now but you can see all segments featured in today's show on you tube at you tube dot com slash from bust are we also nothing that is a pl