emily: what is next for marc benioff? one thing is going to be a lot more philanthropy, a lot more giving. we've built these two great children's hospitals now with oakland and san francisco. and then, i would love to spend more time with entrepreneurs as well. both of those things are highly constrained because i have a day job -- [laughter] emily: right. marc: -- which is running salesforce. and i really love that. i love my job, i love our industry, i love making all these 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, i hope that if i, as i mentioned, if i leave anything behind, it's not just cloud computing or crm or the democratization of enterprise software, but that it's -- you know, that the true joy of life comes through giving. and that you can be in business, you can be the ceo, you can have a great company, and that can be one of the greatest vehicles for giving that you will ever have. so use that p

marc benioff, founder of salesforce, has transformed the way businesses do business.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 a

marc benioff of "salesforce" was a friend. >> for me personally what i saw was an incredible human being that showed me what it was like to be a father and husband, what it was like to be a friend. but also, what it was like to be a successful ceo. >> facebook's ceo mark zuckerberg called goldbergian amazing person and goldberg's brother robert asked people to celebrate his life by celebrating his life by posting memories on his facebook page. >>> today the future of youth soccer fields which the 49ers want to pave over for parking will be the subject of a city council meeting in santa clara. the 49ers have offered the city $15 million plus 70% of parking revenues and a $5 surcharge per car but critics say that undervalues the land by millions. the mayor says it's a turning point for negotiations. >>> today the former arkansas governor mike huckabee is running for president again. he lost the republican nomination in 2008. then he won the iowa caucus and six primaries. but eventually he ran out of cash. this time the support he has already established among conservatives and evangelicals

of salesforce.com marc benioff was a friend. >> by far the biggest loss since steve jobs. >> good morningeloved and successful entrepreneur who pioneered how music is distributed online. goldberg died fridays while on a family vacation at a mexican resort. local authorities say his brother, robert found him next to a treadmill. they say goldberg apparently slipped and fell and died of severe head trauma and blood loss. his death serves as a reminder that over 50 million people in the u.s. treadmills, and over 24,000 visited the emergency room due to injuries injuries in 2014 although treadmill deaths are extremely rare. since his death, the tributes have poured in online. president obama wrote on facebook, "his love for his family was a joy to behold and his example as a husband and father was something we could all learn from." goldberg's wife, sheryl sandberg replied, "thank you president barack obama for this beautiful tribute and for your friendship to our family." today she changed the background picture on her profile page to an image of her and goldberg. the local prosecutor's offi

emily: from a leadership perspective, we saw marc benioff. is there a changing of the guard happening? mark: i think it is possible that actually 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? mark: 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 v

. >> "salesforce" ceo marc benioff a supporter of the arena plan accused the group of misrepresenting the facts. >>> plans for an 18-story apartment complex on harold way in berkeley is also drawing on sir, at issue the view from the campanelli way the berkeley main drag. opponents say the complex would block views of alcatraz and the golden gate bridge. >> it's an important way but i don't think it has to necessarily see the golden gate bridge. you need to have some affordable housing so it's a trade-off. >> this is something we save for future generations. and they can do their building on either side. >> more than 2400 people have responded to an online petition asking the city block the development. >>> a sick sea lion was sick waddling on the streets of san francisco. take a look at the little guy. here he is in the marina. he was so weak he laid down on the curb and crews with the marine mammal center came to the rescue and it turns out they had seen this pup before. they say his name is rubbish. >> he was an animal that was found in santa barbara county in february. there isn't

marc benioff in the audience listening to nadella's keynote. we also know nadella has made cloud front and foulke kus part of microsoft's strategy. it's on a $6 billion run rate. interesting news here guys. back to you. >> no doubt. there was talk about the size of a potential deal that it would be the biggest technology deal of not only this year but i believe in some time maybe in the lives of salesforce. people were throwing around a 50 billion, $60 billion number at the time. the stock has resumed trading now after that halt. it is up by 5%. >> josh are you still with us? there are only a handful as we've been reporting, of companies that could actually make this deal happen. oracle was one of them microsoft was another name that came up. just in terms of the sheer size. >> yes, you were looking, according to analysts at evercore, they crunched the numbers, you were looking at anywhere between 55 billion, maybe as high as 64 billion. to your point, sara there are very few companies that could do that kind of deal. oracle was a name that was

marc benioff gives a lot away. what do you do? with all the money you have made? most of it is still in linkedin stock. because i am building the world through linkedin. i serve on a number of different nonprofit boards, like kiva and endeavor and do something. i try to finance projects that i think are interesting. emily: are we ever going to see you start something else? another company? reid: probably not. you know, with series a and seed founders, i work pretty closely with them, but there is a long way to go with linkedin still. so i would say that it's unlikely. although, you will see me partnering with a bunch of great young entrepreneurs, and trying to help figure out how to build something big. emily: reid hoffman, thank you so much for joining us. it's has been a pleasure to have you on the show. reid: thank you. ♪ emily: he invented the self driving car, is considered the godfather of artificial intelligence. he cofounded google x, google's innovation laboratory. broadband balloons to connect the internet in the stratosphere. now, thrun is on to his gre

salesforce ceo marc benioff was said to call the sap chief before sap reported its quarterly earnings last year. talks include the current status of any takeover is unclear. earlier this week, bloomberg reported that salesforce is working with financial advisors to help takeover offers after being opposed by a potential buyer. a person familiar with the matter says this most recent is a company other than sap. we will update you as we learn more. to our lead -- elon musk has unveiled a battery that homes and businesses can use to store electricity. tesla's vision for batteries is expanding way beyond cars. the new offering is called the power wall, a slim lithium-ion battery with an interesting price tag. elon musk: it has all the integrated safety systems thermal controls the a/c to d/c converter. it works very well with solar systems. you can go off grid. you can take your solar panels charts the battery pack and that is all you use. it gives you safety, security. it gives you a complete and affordable solution. the cost of this is $3500. emily: musk has a greater product called the

be sure to catch salesforce ceo marc benioff on "mad money" tonight to discuss these results and theulation. that starts at 6:00 p.m. eastern time. we leave it right there for the time being. unless, jack do you want to react to the salesforce results before we have to go? >> i'd love to really quickly. i'm actually very impressed right here. now we can focus on the fundamentals of this company finally. going into this they had to deal with a lot of things. m & a certainly bid up the price. everyone was saying the up side is limited. this is a great beat for the company. there is fundamental strength in this business. i would love it if we could focus on the fundamentals. >> i absolutely agree. we were looking for 15 cents a share. they beat our higher estimate and a lot of this has been overshadowed by this takeover talk. we get to look at the fundamentals. they needed to beat here. they have an insanely high p/e, seven times the s&p 500 company. they are a leader in the cloud space. idc released a report that spending on the cloud will soar in the next five years. i think they are

eastern time, marc benioff on "mad money" and strauss zernick.action. >> let's look at cablevision. a stock that closed up 18% but didn't open up that way and it was an opportunity there for option traders who thought this stock had room to go to the upside. today it ended five times average daily volume. it was actually in calls. there was a really interesting trade that took place at 10:00 a.m. this morning when the stock was 22.60. it traded 1,000 of the december 22 calls paying $2.50. that's $250,000 in premium. i want to take you over the one day chart and show you what happened. they bought the calls here for 250 then the stock went up all day. you know what? at 3:30 they sold the calls, 1,000 of them at 380 when the stock was 2475 netting themselves $130,000 profit in about five and a half hours. that's some pretty good trading. when you look at the chart the thing blew out to new all time highs here. but this trader obviously saying, you know what? i had a good entry. i'll take my money on the 18% up to date and move on. >> all cable stoc

. >> "salesforce" ceo marc benioff a supporter of the arena plan accused the group of misrepresenting area football fans have a little hope now that's perhaps the raiders and the 9ers new draft picks will help return the teams back where they belong in the play-offs. oakland's top pick is alabama's amari cooper. the fourth pick overall yesterday. maybe the best player of the draft. an effort to up great the roster of receivers for second year quarterback derek carr. last season with alabama cooper caught 124 passes for more than 1700 yards and 16 touchdowns. this guy is good. as for the 9ers they went big with a top pick a 6'7" 350- pound arik armstead of oregon. he is expected to be a pass rushing specialist but had just 4 sacks in clear college seasons in eugene -- in three seasons in eugene. >>> the first alternate uniform in team history the traditional red and gold but with black as the primary color on the jersey and pants. looks like the helmet is gold. 49ers can wear these new uniforms in up to two games during the 2015 season. >>> time now is 6:53. seaworld getting a hefty fi

marc benioff said don't talk to me until we get to $10 billion in revenue, most will be taken from competitors. and when we burn sap. a lot of guys bury the best joke. i'm going to give it to you. it was his last line in the conference call. he says you are going to see 52 sales force demo situations. they should try writing some software. they took coca-cola german which is one of the best. in the conference call they talked about major accounts they took from sap. this is a war. they made the joke there was someone from walmart, maybe it will be finished the implementation in my lifetime. they pulled that quote. the top ten reasons not to use sap, right here in this document. >> he could not hide profitability. how could they do the number? here's the thing you need to know about sales force. $6 billion in unbilled revenues. it's not going to be hard to get to this $7 billion run rate. they cut back the options. they are no longer going to be giving as much to the customers to the people -- the employee which goes to the stakeholders. i have to tell you, i thought this was a quarter that sho

. >> wouldn't you have loved to be in the negotiations when marc benioff is negotiating with microsofting the price. >> and nadella wouldn't agree to it. >> this may be the only time microsoft ever walked away from a deal because the price is too much. they are renowned for over paying. >> they wanted to pay 55 billion. he wanted 70 billion. >> you remember skype, remember that one? >> where they walked away from the deal. >> they didn't walk away for skype. they ended up paying $8 billion for something that was basically worth nothing. >> given these valuations and the fact that the data is not giving a clear signal nor is the chairman of the federal reserve, where do you find value? >> i don't think -- i mean i think assets are fully priced. that's the essential problem for a lot of investors right now. i think bonds are relatively expensive. i think the stock market is not super crazy but it's not cheap. i think the art market for example, is ridiculously priced. >> don't you go to the stocks because it is least expensive. >> i'm sitting in a lot of cash. that's not atypical of larg