emily: what is next for marc benioff? one thing, there will be a lot more philanthropy and giving. we've built these two great children's hospitals with oakland and san francisco. then, i would love to spend more time with entrepreneurs and with philanthropy. both of those are highly constrained because i have a day job, which is running salesforce. i love that. i love the job, i love the industry, i love making the people behind me happy. that's why they come to dreamforce. emily: we have spoken about your mentors. how does marc benioff want to be remembered? marc: well, if i leave anything behind, it's not just cloud computing or the democratization of enterprise software. the true joy of life comes in through giving. you can be in business, you can be a ceo and have a great company, and that can be one of the greatest vehicles for giving that you ever have. use that platform to give back, and you are going to not just have great success, but you are going to be happier than you will be successful. emily: marc benioff, t

how does marc benioff want to be remembered? emily: you have sold tens of millions of shares in the last year. why? marc: i have sold a lot of stock over the last 10 years, and i've diversified out of a percentage of my stock. but i still have a large position in salesforce. i am either the largest shareholder or one of the largest shareholders. emily: no shareholder should be worried about your confidence? marc: as one of the largest shareholders, i have never been more excited. emily: you created the 1-1-1 model, giving 1% of time, equity, and profits to philanthropy. why is this the best way for companies to give back? marc: on day one, we put 1% of our equity, 1% of our profit, and 1% of our time into a public charity. it was easy because we had no stock, no employees, no product. a very easy decision. now that it is paid out, we have delivered more than 680,000 hours of community service, $70 million in grants to nonprofits around the world, including big grants locally to public schools and hospitals, and -- this is what i

marc benioff, founder of salesforce, has transformed the way businesses do business.oneered the flight to the cloud and a new model for philanthropy along the way. he launched his career at apple under steve jobs, became a star salesman at oracle under larry ellison, then went on to start what's now one of oracle's biggest competitors. joining me today on this special edition of "studio 1.0" from dreamforce 2014, salesforce ceo and chairman marc benioff. marc: always great to be with you. emily: so great to be here at dreamforce, la

marc benioff is limiting employing travel to indiana. angie's list has withdrawn a proposal to expand in indianapolis. here is ceo bill oesterle on the law. >> as nothing to do with creating jobs are educating children. it has nothing to do with attracting talent to the state of indiana. cory: this week, governor pence to spend of the law -- defended the law. >> his tolerance a two-way street or not? there is a lot of talk about tolerance having to do with people on the left but here in indiana, steps forward to protect constitutional rights and privileges. a freedom of religion for people of faith and families of faith in our state. this avalanche of intolerance has been poured on our state is outrageous. cory: we couldn't find any businesses that spoke out for the law. we are joined on the phone by chris. this law has drawn a lot of instant reaction from the tech community. what is different about this law and this time that similar laws we have seen in many other states over the last year or so? chris: thanks for having me on. if you

tonight, salesforce.com marc benioff. will the apple watch take the company higher?oney" tonight at 6:00 p.m. eastern on cnbc. to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. >>> "lightning round" is sponsored by td ameritrade. >> it is time -- it is time for the "lightning round" on cramer's "mad money." you say the name of the stock, i tell you whether to buy or sell. play until this sound -- and then the "lightning round" is over. are you ready, ske-daddy. time for the "lightning round" on cramer's "mad money." start with mark in california. mark? >> caller: hey, jim, mark. what do you think of david busters before the earnings on the 17th? >> too risky for me. i remember the inconsistency of the old days. i know it was better than being public it is last time. i can't go there. rose in california, rose? >> caller: hi jim.

emily: from a leadership perspective, we saw marc benioff. is there a changing of the guard happening? marc: i think nothing changed at oracle. [laughter] i think that might have had to do with the number of papers that larry has to sign. the number of meetings he has to go to. but he does still have -- product development still works for larry. it will be similar for quite a while. emily: how do you see the digital payments and mobile payments race playing out? marc: what we see from our standpoint is, it is by far the most innovative and radical thing. it's the thing that will have a big impact over 20 years. apple pay is the thing that will have an impact on the next three years. and the combination of those two is going to cause enormous change. ♪ emily: let's talk about the next generation. you recently sounded the alarm about startups. another tweet storm. there are a few here so bear with me. new founders in the last 10 years have only been in the environment where money is always easy to raise in higher valuations. that will not last.

>> from a leadership perspective, we saw marc benioff. is there a changing of the guard happening? >> i think nothing changed at oracle. [laughter] i think that might have had to do with the number of papers that larry has to sign. the number of meetings he has to go to. but he does still have -- product development still works for larry. >> let's talk about the next generation. you recently sounded the alarm about startups. another tweet storm. there are a few here so bear with me. new founders in the last 10 years have only been in the environment where money is always easy to raise in higher valuations. that will not last. in all caps. when the market turns, and it will turn, we will find out who has been swimming without trunks on. many high burn rate companies will vaporize. there are exceptions to all this. if you're reading this, you are almost certainly not one. and a single word, worry. what are you worried about? >> generally, for 10 years, off a very low base, it has gotten easier and easier to raise money. as a consequence, you get used to being able to raise money. you

their ceo marc benioff tweeted today, we are canceling all programs that require our customers and employees to travel to indiana to face discrimination. >>> san francisco mayor ed lee says we stand united as san franciscans to condemn indiana's new discriminatory law and we will work together to protect the civil rights of all americans including lesbian, gay, bisexual and transgender individuals. the mayor says he is also banning publicly funded travel by city employees to the state of indiana. >>> 4:56. contra costa county has issued a public health alert for people in pittsburg and antioch after a malfunction at the dow chemical plant. we'll have more on this breaking news story in just a moment. >> reporter: the biggest event in pro wrestling is finally here in the bay area. wrestlemania coming this weekend. i'm kiet do with >>> good morning, i'm juliette goodrich in for michelle. >> happy friday, everyone. i'm frank mallicoat. nearly 5:00 on this friday. >>> contra costa county has issued a public health advisory for people in pittsburg and antioch. there was a malfunction at dow chemi

speaking out in the tech community, apple ceo tim cook, and marc benioff, who has limited travel, andngie's list has withdrawn a proposal to expand the indianapolis headquarters. here is the ceo on the law. bill: it had nothing to do with creating jobs, nothing to do with educating children, nothing to do with attracting talent to the state of indiana. corey: governor pence defense the law that he signed. governor pence: is tolerance a two way street or not? there is a lot of talk about tolerance today having to do with people on the left, but here indiana steps forward to protect the constitutional rights and privileges of freedom of religion for people of faith and families of faith in our state, and this avalanche of intolerance has been poured on our state. it is just outrageous. cory: we were looking for businesses that would speak out in favor of the law and could not find any, but a representative of an lgbt tech company joins us now. this law has drawn a lot of -- i am surprised about the instant reaction from the tech community. what is different about this law and this time

marc benioff, founder of salesforce, has transformed the way that businesses do business.s pioneered the flight to the cloud and a new model for philanthropy along the way. he launched his career at apple under steve jobs, became a star salesman at oracle under larry ellison. then went on to start one of oracle's biggest competitors. joining me today on this special edition of studio

ceo marc benioff tweeted today we are canceling all programs that require customers and employees to travel to indiana to face discrimination. san francisco mayor ed lee says, we stand united as san franciscans to condemn indiana's new discriminatory law. and we'll work together to protect the civil rights of all americans including lesbian, gay, bisexual and transgender individuals. mayor says he is also banning publicly funded travel by city employees to indiana. >>> time now 5:55. in the next half-hour, was this bay area woman really kidnapped or was it all a hoax? the investigation around the disappearance of huskins. attorneys have new claims. >> reporter: the danger to the public appears to be over but the clean-up here at the dow chem wal plant is just beginning after a plume of chemicals was released from the dow run in for kohls super saturday! and shop over 100 early birds from 8am to 1pm! find misses sonoma life and style camp shirts 50 to 60% off. men's polos only $14.99 each. save on jumping beans play wear for the kids new shoes and sandals for the family and a food net

tony: marc benioff has built a company to 16 billion. peter guber bought the dodgers.zing brilliant people. but 15 years ago, when i was trying to decide, do i go through divorce, do i really want to initiate this? i went to people to say, how do i do this? charlie: do you find most people at high success level one to have these conversations? it's the kind of stuff that people like to talk about, the idea of, how do you maximize your life potential? the idea of, how do i find the perfect balance in my life? how do i fulfill a life? david brooks is writing about meaning. are these subjects that people are at ease talking about rather than looking at balance sheets and understanding competitive advantage in the world. tony: they are more comfortable with the competitive advantage. the people i'm dealing with clients, friends of mine, have been my clients and friends for decades. i learn constantly. when you have somebody that is 15 or 20 years ahead of you, they have that cycle of living and going through what aging does for you. you look at life with different perspect

mark benioff -- marc benioff tweeted, "pay attention to what is happening in indiana and how it willact your employees and customers. we are canceling all programs that require our customers and employees to travel to indiana to face his termination." lisa: the u.s. -- face discrimination." lisa: u.s. wants iran to prove it is not developing a nuclear weapon. iran wants an end to crippling sanctions. let's bring in indira. what are the odds of something being announced this weekend? indira: just moments ago, we heard the british foreign secretary, philip hammond, say that he believes they are more than halfway to a deal. that seems to point in the direction of both the iranians and americans who have said they are making significant progress. the problem is, more than halfway there does not mean you are there. both john kerry and his iranian counterpart have pointed out it is almost like a rubric skew -- a rubik's cube. the iranians want sanctions relief. many business people and oil markets are waiting -- watching to see what that might be. nothing is happening until major gaps are

talk to me thank you, by marc benioff. >> no but ibm likes to talk about the same four as well. >> but they're only 29 30%. ibm is trying hard. it was interesting warren buffett when asked about ibm said i'm not going to talk about stocks we're buying or selling. i don't think he's a seller. i -- that didn't sound like i'm buying a lot of it. >> no, but was what we know he bought more as opposed to -- >> right. >> we had the investor day from the company. >> put on our happy hats on pmi. >> let's put them on. >> nice percentage of the company that's doing well. >> it's growing, yes. >> if you can get that to be a bigger percentage without the pie shrinking. >> that's a key. >> nice storiy. >> how do you make the story moving down the track. >> kraft managed to remake it with heinz. they think that velveeta is fresh as a daisy. >> yes. you and i are ready. our shelter -- yesterday i took your advice stocking up. >> the expiration date on velveeta, i said check the label but i think it's got like a 37-year shelf life. >> that is all. >> i know. i'm raising my shelf life here right now, l