is au say, mark andreessen very prominent venture capitalist in silicon valley.board of facebook. he is something of a community leader in the tech community in terms of being very active on twitter. he has close to 500,000 twitter followers. rishaad: what did he actually say? haidi: he has been trying to defend the plan to get access to countries like india. rishaad: exactly. i think facebook has the likes of zambia and kenya in this. haidi: twitter users have accused mark andreessen of saying that facebook is taking a colonial approach when it comes to providing internet to developing countries. in response, he says that anti-colonialism has been a catastrophe for india for decades, so why stop now? that has circled it to what has been a number of apologies. before we came on air, he posted apologies saying that he is a huge admirer of the nation of india and he will leave future commentary on the topics to people with more knowledge and experience and he did not mean to offend and he withdraws it in full. rishaad: let's get to his boss, mark zuckerberg. facebo

mark andreessen.teased the interview and what we were saying then about valuations. >> they are one of the few firms that have a stake in groupon, facebook, and twitter, so one of the things we want to talk about is how fast these companies are making revenue. groupon raking in the cash. facebook has been around longer, twitter is still behind. according to one marketer, they will not catch up for a while despite this investor interest. the valuations of these companies are soaring. how does it all at up? if there is one man to talk about it, it is mark andreessen. emily: what a difference that five years makes. we are having the same conversation. my hair is a little different. happy five-year birthday to bloomberg west. thank you for making the show what it is. we could not do it without somebody people that put the show together. that does it for this edition of "bloomberg west." tomorrow i sit down with attorney general loretta lynch. at the top of the agenda, apple versus the fbi. ♪ charlie: we b

news website, the information reporting today that private equity group silver lake and mark andreessenave looked at buying the company. the stock up more than 8% now. but pete, it was up by better than 10. >> right. >> early on today. >> although it did take a dip and now we see it swoop back up over 1. this is a very, very strong move. everybody has been speculating for a long time, who would be potentially a suitor? would it be google, facebook? there's all kinds of different names that come out all of the time. pretty interesting to see the names coming up now, private equity and mark andreessen with some interest. there is ways they could see -- you can understand, when you look at what that quarter was this most recent quarter from facebook and you see the ad spend, scott, they've got to be drooling thinking they've been stuck and have to find growth. but e-commerce is something they haven't even really attempted, quite frankly at twitter, and that's a direction they could go as well. and maybe these smart folks push them. >> and a new segment we're calling new at noon. suntrust t

we need mark andreessen. and by the way, we need george lucases and steven spielbergs and m.ight shyamalans and jj abrams, i think we need both. emily: your father spent time in jail for murder. how did you overcome that? ♪ emily: you had a complicated and difficult childhood. how did you overcome some of the things that you had to go through, which no kid should have to go through? troy: we grew up in a really tough neighborhood. we went to sleep to gunshots every single night. it was something regular. my mom worked 30 years at children's hospital in philadelphia. got up to go to work every day, 5:30 a.m. we would pour out the penny jar, and count out the pennies to be able to put into the bus, so that me and my brothers could go to school in the morning. we had to boil hot water, because we did not have hot water sometimes. and that gave me a drive to really make my family proud, to work really hard. emily: your father spent time in jail for murder. how did you overcome that? troy: that was definitely tough, growing up. not having a dad there, and kind of looking for that

we need mark andreessen. and by the way, we need george lucases and steven spielbergs and m.ans and jj abrams, i think we need both. emily: your father spent time in jail for murder. how did you overcome that? ♪ emily: you had a complicated and difficult childhood. how did you overcome some of the things that you had to go through, which no kid should have to go through? troy: we grew up in a really tough neighborhood. we went to sleep to gunshots every single night. it was something regular. my mom worked 30 years at children's hospital in philadelphia. got up to go to work every day, 5:30 a.m. we would pour out the penny jar, and count out the pennies to be able to put into the bus, so that me and my brothers could go to school in the morning. we had to boil hot water, because we did not have hot water sometimes. and that gave me a drive to really make my family proud, to work really hard. emily: your father spent time in jail for murder. how did you overcome that? troy: that was definitely tough, growing up. not having a dad there, and kind of looking for that figure, that

twitter stock is popping on reports of an investment deal, shares finishing up 7% after mark andreessen silver lake partners have considered some sort of deal with the struggling social network. since then, they have reported that silver lake has no interest. or to break it down, alex sherman. -- here to break it down, alex sherman. is a deal happening or not? >> [laughter] well, with twitter, it is always up in the air. there have been rumors and rumors about deals with twitter. this one said it's not totally clear whether this is going to be a buyout or something that is just a slice of the company. of course, it would be a huge conflict of interest, because marc andreessen is on the board at facebook. [laughter] emily: makes it hard. alex what is your take? >> sarah was pretty diplomatic but i will more straightforward. . this deal is not happening all the sources i have, silver lake has no interest in buying twitter. some of my sources told me they thought the story came out of nowhere. y goodaid, she has ver sure thises, and i'm was at least thought of as a possibility. a lot of th

alix: what is interesting is that over lake and mark andreessen considered some part of a deal with twitterwhat could that mean? when the a -- when is the and breakup of the company? cory: we do not know the story -- we dof the story not know the information behind the story. when we talk about deals, price tells you very little. it is always the terms of the deal. there is so little that can possibly be known about this. it could be these groups talking together in their swanky addresses. it is interesting because marc andreessen is a great tweeter himself. but the valuation of this company, losing money, and a lot of that loss is a result of stock-option compensation, it would not be a cost that a private company would have to bear. it perhaps that looks a little profitable. when you were talking about $2 billion in top lead with $12 billion in market cap, a very expensive company even at these levels right here. for the business that is not dramatically growing, the only growth right now is from increased value for customer, and that is an encouraging sign that advertisers are willing to

the news here is that there are reports that mark andreessen and ight -- might be in some sort of dealearly 4%. sticker the e. coli scare over command that could happen is soon as today. but here today they have lost about a quarter of their value. world. the pharma at the shares also rising by about 4/10 of a percent. profits came in, beating estimates. to $21.8% that is about $90 million more. patient care costs went down about a penny. coming off of session highs in the premarket. of we will talk to bank of america, and ask why mike mayo has changed his tune on the company. ♪ stephanie: you are watching bloomberg go. jumping 5% onimax friday. of another 9% in premarket trading today. guess what else, kung fu panda, we noted earlier, number one movie this weekend. setting an imax record for an animated title. it atbt my house will see least three times. imacs is feeling it. imax is feeling it. mike mayo is here. he has been a longtime critic of banks in general, but also especially about native american. -- bank of america. but now he has turned the ship around, o upgrading to a buy.

mark andreessen says it is overblown. you are underestimating human creativity. what do you think?think robots in cartoons of the 1970's will be the reality of the 20 20's. the net of this visit will produce human labor. robots will do work that is historically just a manual and repetitive. they won't do work that is cognitive and nonroutine. this will go from justice -- from just displacing manual work of low-level white-collar work. the question for the united states is are we going to be the country with a lot of headquarters for robotics companies? if we are, we can export these to the other 100 95 countries on earth and it will be good for us. stephanie: we aren't. countries like france are further ahead. alec: there are five or six out of the 196 that are doing well. isnce is doing well, so japan and korea. to south korea, japan, i feel like i'm stepping three years or four years into the future. stephanie: we are 45 minutes away from the jobs number. to get that number and wages up, we need to look at innovation. there is a worry companies won't spend on innovation, they wil

silver lake and mark andreasen are reportedly may be taking a look at it, and that raises the speculation even more. betty: andreessens a big tweeter, he tweets all the time. markets," we turn to politics and the latest bloomberg poll which shows donald trump and hillary clinton leading in iowa. we could be in for a long night tonight. ♪ betty: welcome back to bloomberg television, i am betty liu. in the race for the white house, it has been leading up to iowa, the iowa caucuses are the first contest. the des moines register poll shows hillary clinton leaving bernie sanders by 3%, edges within the margin of error. donald trump is in the lead with a five point lead over ted cruz. he was asked this weekend if iowa is a must win for him. and do not have to win it you and i are sitting in new hampshire. i have a substantial lead in new hampshire. i am doing really well in iowa but i am doing tremendously well all over the country with the evangelicals. i am leaving by a lot. betty: who is going to be celebrating tonight? joining me is martin shanker. just back from a two week tour through asia and now you are focused on

these guys, marc andreessens of the world and all captains of industry out there, if you will, they know the game and still they have markedund after round. what's gone wrong? why is there epiphany now? why have they even allowed to get to this point? >> well, it is interesting in a sense, i wouldn't thought to make this connection but plays off the conversation you had with david asman, interest rates have been so low for so long, charles, investors, even prudent, intelligence investors have been doing anything they can to get return, to get a positive return on their investments. so when you're earning nothing, absolutely nothing on your cash, you say, well, maybe i can make some money on this ridiculously overvalued private company because it was worth less than half seven months ago. couldn't be worse than making no money on my cash. it was not great argument but is the argument. charles: fool theory i can sell it to someone at even higher price. >> that has worked, right? that has worked for many of these people. you better be very good at timing if you do that. charles: last night's democratic debate, if you saw it o