om malik, you are sticking around with us.aa may soon introduce new rules for commercial drones. what could it mean for companies like google, amazon, facebook? that's next. ♪ >> could the future of commercial drones be in jeopardy? the federal aviation administration is expected to announce new rules on commercial drones use by the end of the year. the new rules would mandate operators to have pilot licenses. they would have to fly below 400 feet and a daytime hours only. the faa has yet to respond to bloomberg for a request for comments on the expected rules. what could it mean for tech companies that are currently developing drones? the executive director of the small unmanned aerial vehicle coalition joins me. first off, what is your reaction to these rules -- good or bad? >> it's great to be here with you. i think the reaction is that they are not optimal, largely because we are falling behind other countries -- canada, the european union, and we are seeing australia making incredible advances, india. i think the technolo

joining me are om malik and david kirkpatrick.re you as down on twitter as everyone else seems to be? >> being down is one way to look at it, but they have to what -- being down is a short-term way to look at it. they have to find ways to grow. it seems like people focus on everything else about twitter except the growth. how do they go from 230 million to 240 million people a month to 500 million? how do they make it interesting to people who are not on twitter just yet? i think that takes a little bit of soul-searching on the part of the company, and that's why i find it very funny that everybody focuses on poor anthony, who just send a wrong dm. >> everybody who uses twitter and they areils, painful, but it's way too easy to make a mistake using direct message. problemly, which is the . if they knew how to fix the problem, they would have growth. if they knew that dm was something people like to use, it would be front and center and not hidden away. i think this company needs to figure out what its path to the future is and jus

somebody like om malik calls box a "house of horrors." >> yeah, that's an extreme phrase.e are competing against really the biggest companies on the planet in the technology industry. and so to do that, you have to make a pretty significant investment. in our case, that is an investment in research and development, in infrastructure, in our sales team, in our ability to go to market and reach these customers. >> the criticism was that you are spending more on sales and marketing and acquiring customers than you are making. how are you changing that or how has that changed? >> every dollar that we acquire of revenue is a dollar that is recurring annually. and so our job is to keep customers happy and successful. and compound that dollar over time. we just happened to unveil our s-1 at a point when, again, the new investments had outpaced the revenue scale. and so now, i think, we are more in a stage where the revenue is -- we're focused on growing that of course, and that is compounding. but we don't have as many of the new significant investments because we have done a lot