same with mark andreessen.s leaders who want to contribute to the dialogue and affect the feeling and thoughts of their company and themselves will benefit tremendously from being on twitter. it is the de facto place, despite my deep passion about facebook, there's no question twitter is more where leaders talk to each other. there are a lot of reasons that is true but there's no question it's true. >> mark andreessen shares your passion about facebook. he hasn't been with mark zuckerberg from the very beginning. he has made a lot of money and is a board member. he is a twitter investor, but does this reflect at all on facebook and they be that's not where you have these kinds of conversations? he has started similar types of dialogue on facebook as well. >> i have eaten surprised myself how hard it is for people to feel satisfied with those kinds of conversations on facebook compared to twitter. technically, you can do all the same things on facebook, but whether it's the brevity, the tradition, or some imposs

mark andreessen wrote and said [beep]one of the leading in the state. tell us about him. >> he is one of the most successful venture capitalist in the industry. he was one of the founding members of a group that led one of the most successful investment. they were one of the most successful funds. they had an astounding 3200% return. had similar returns that returned many times their investors money. i was led in large part by investors. they ran graphics. money, all lot of the way up to and into the.com bubble. out like this?n this he write a lot of letters to the editor? >> certainly nothing like this. this was a stupid comment. you'll find a lot of agreement with that. it is unusual to hear from him. it is usual to hear from him with a strong point of view, making a case that might not be popular. you can imagine how that could serve. in this format, i do not think we have seen it like this. >> i want to bring in a panel of experts. we are joined from san francisco. we have phil bronstein, the former chronicle editor. i want to start with you. have y

not that apple does not, but mark andreessen is on the board. the founder of ebay. how much does that matter when it comes to a situation like this? >> i think that it matters to a certain extent, but the stock rise today -- even despite cory's point that carl icahn has a small stake tom of these are impatient shareholders. they want to see short-term value. that is why they have been buying the stock back. >> a lot of people are looking for today's news to be bad. carl icahn made today's news good. i think it is also worth going back and thinking about what happened way back in the day. brad and i remember -- >> that's why i asked you guys. >> meg whitman decided to buy ebay and ebay decided to buy paypal, not because paypal was profitable. not because paypal was successful, but because paypal has so much control over the ebay platform. so many ebayers were using paypal as a payment method, even though paypal was losing a ton of money, that ebay recognizes someone else got their hands on paypal, it would be a threat to ebay. that is why they bought it. they had the

liz: one of the top venture capitalists mark andreessen saw this and said i'm in. >> creator of internetmillion. to date we raised 90 million for the venture which is a awful lot in 60 months. liz: a huge vote of confidence. from a gaming standpoint, what do i get from this? >> this is a whole new experience. we've been playing games for the last 30 years. 19, what is it, 77 that apple brought out the, or apple brought out the apple 2 gs. since then we've been playing fame on monitor, 2-d monitor or 3-d. there is three deexperience. there is no window to the world -- 3-d experience. liz: what games are available when this comes to market? >> just like pc, game console or even mobile device there will bb a huge slate of games. there will be games from big publishers and big developers. a lot of games actually from indy. apple iphone or android platform ask popular with tons of apps from indis first. that's what we expect from virtual realty. small developers will make amazing. liz: 3-did stereo skop pick. >> true stereo skoppic. liz: one of the biggest crittisms about these, when you put

coming up next week and i spread this message because if the internet is this new frontier, like mark andreessen said, it's eating the world. we're all pioneers on it. but those of us who can build are building the earth in this world. so if you want to have power in this new world it's learning how to code and even if you're a history major like i was a little software goes a long way. >> rose: it's scary, i think, to most people fact that i could learn to write code. >> i hope we can demystify that. there are plenty of startup it is, code academy is one based in new york trying to gameify it. plenty of organizations -- one of my favorites, i helped to run a fund-raiser to bring them brooklyn called black girls code is going into communities. >> rose: what is that? >> it's a wonderful nonprofit called black girls code that is targeting young women -- not all black but women of color and getting them excited and in front of technology and writing code at a young age this is what is going to make a difference in the next 15 15-to 20 years because the people who can build, the people who can write

. >> you have conservatives aren't there like mark andreessen: you hole in the a- state. >> he does notw me and i don't know him. i don't think he is entitled to his opinion. if he knew me, perhaps. crazy inman called me today's "new york times." >> he also pointed out that rising income inequality can have very negative economic financial consequences in the sense that if it leaves us more economically vulnerable and the people who are rich cannot pay for stuff, then everyone suffers. it is such a contradiction of intermixed ideas. he won the nobel prize in economics. i cannot argue economics with him but to demonize the job creators is crazy. to demonize the rich who spend and buy things and stimulate the economy is crazy. i heard on the news hour where they got into this russian about the idiocy of rolex watches and why does any man need a rolex watch as a symbol of terrible values. > i think that's a little silly. this is not a rolex. i could buy a sixpack of roleses with this but so what. should across america pay attention to politics, going, read the newspapers, don't try to get

just this week, mark andreessen tweeted "engineers, engineers, engineers" and that is not what she's doing. >> she's putting on the glitz and glamour and making it exciting, which in. is all about content. but now you have to follow through. >> and apple was all about apps. she probably is getting a sense of where the market is going. in the last few days, in the paper it has all been about collapse, whether in the or comfortarkets level trying to solve consumer problems. whatever the issues are that consumers are facing and how you solved them with an app. about carses is all this year. >> exactly. i saw all of this at home depot after 9/11. home became a sanctuary and they wanted everything they had indoors outdoors. in you are seeing everybody the car business, they want everything they've got at home in the car. iside the car, whether it filters for allergies, direct connect for bluetooth, people are getting aspirational satisfaction about new apps for the cars. >> another headline doing that was darioout of ceo's securing $34 million in funding. they want to extend out and devel