. >> rose: and we talk to reid hoffman. >> the key thing in the modern world which is globalization and technology the pressures go down to the individual. individuals need to be adaptive and invest in themselves and best path is entrepreneurship. >> we wanted to show how the ideas of technology could be and we wanted to have two people from different generation and slightly different life paths to express the diversity this way of think can represent. >> rose: christine lagarde, kevin ryan, and others. funding was provided by the following: captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: christin christine lag the first woman to lead it imf and one of the most powerful positions at finance and has secure rescue packages for nations in default for portugal, ireland and greece and was a key architect of greece's rescue and the country must reduce it's gdp by year 2020. it's great to see you tell me where we are. does it look like the bond-swap deal going through? >> as we speak it looks like it's going through and it looks as

reid hoffman has been at the ground floor of all of them. >>> and why is one of america's friends, india, friends with one of its sworn enemies, iran? playground politics are at large. i'll explain. >>> but first, here's my take. we're going to hear a lot of polarized rhetoric over the next few months. the republicans and democrats will seem to disagree about everything. but there is one huge and important area where there is a possibility, a possibility of bipartisan action. that's tax reform. most americans, republicans and democrats, dislike the tax code. their right to do so. america has what is arguably the world's most complex tax code. the federal code plus irs rulings is now 70,000 pages long. the code itself is 16,000 pages. the state of france has only 1,909, only 10% of ours. and then there are others that have innovated and moved to a flat tax with considerable success. you have to understand, complexity equals corruption. when john mccain was still a raging reformer, he used to point out that the tax code was the foundation for the tax code of corruption. see, vast amounts o

ugly good linked in founder reid hoffman auckland recently learned a million dollars to a website that lets people make direct loans thought of going as an impoverished countries as goal is to get forty thousand people each the went out twenty five dollars a website he dot org already has nearly thirty five people signed up including me who are loaning out a total of nearly a million dollars to entrepreneurs in kenya peru and more than fifty other countries it's nice to see some millionaires using their fortunes to build economies up rather than tear them down the bad the eagle forum the eagle forum a national ultra conservative group is pushing a law in tennessee that would place limits on the number of foreign born teachers the school could hire the laws specifically aimed at cutting down in muslim teachers our nation already has a shortage of teachers and foreign born teachers even if they're u.s. citizens could help our students succeed and they're just as valuable as any qualified american teacher but i guess in tennessee good old islamophobia is better than kids receiving a good

. >> reid hoffman, pleasure to have you on. >> thank you. >>> and we will be back. ckberry, pina coladacan't imagine where she is... orange creme... [ grocery store pa ] clean up in aisle eight. found her! [ female announcer ] yoplait original. 25 flavors for you to love. ♪ [ multiple snds ng melodic tune ] ♪ [ malennounc ] at northrop grumman, makthworld a feplace. th's value performance. northr gruan. your finances can't manage themselves. but that doesn't mean they won't try. bring all your finances together with the help of the one person who can. a certified financial planner professional. cfp. let's make a plan. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children shoul

reid hoffman joins me now. he's the co-founder of linkedin, early stage investor in facebook in zyng achl. you worked for paypal. these guys know how to start companies. over on the end is my friend peter, chairman and founder of the x pride foundation co-author of abundance. the future is better than you. he's a co-founder of sing later university. -- singulairity university. these guys know about starting things up. steve, you and i talked about entrepreneurship facing the same fate as manufacturing in the united states. that's worrisome. reid, do you share the view that we have to make it easier for people to create businesses? what does my viewer need to know about the state of creating a startup in this country? >> i think one of the things that we have traditionally had a competitive edge in the u.s. is we're great at entrepreneurship. we're great at bringing people around the world to do it. we're great at trying new things. so i think bringing the network around you, advisers, financiers, employees, peo

evp turned venture capitalist reid hoffman, founder and bigger owner of linkedin, zynga, one king's lanender, elon musk, also started space x, which is the first private successor to the space shuttle and solar city which is prepping for a spring ipo. and former cto, max lev chin later created and sold his company, slide, to google. former paypal engineer, jeremy, now run yelp, one of this year's top ipos jumping 64% in its market debut and valued at $1.5 billion. >> that is some family tree there, isn't it? >> makes you feel like you haven't done anything in your life. >> slackers. >> coming up next, on a serious note, a safe obesity drug. it's one of the holy grails if you will, for pharma and biotech. and an fda panel is going to hold a critical vote on fat-fighting drugs today. we'll tell you what it means to key stocks like vivus. >>> plus, investing in america, costco hitting its best level since the company's 1985 ipo of more than 900% in the past 20 years. is it still a buy? stick around and find out. this is $100,000. we asked total strangers to watch it for us. thank you so muc