beth seidenberg. -- as is dr. beth seidenberg. john, ellen is someone you personally brought into the firm. you were her mentor. how to chief -- how did you feel when you found out she was suing you? john doerr: i was sick. it was painful. she was a good chief of staff, but when i read the charges, i knew from that very moment that these had no merit. emily: hello where were you of the situation? -- how aware were you of the situation? john doerr: i'd rather not get into the past. ellen did some good things, and i wish her well, and to read it. emily: now she's the ceo of reddit. she is making bold moves. important tot is look at the difference between being an operator and an investor. i think ellen can be a great ceo, i hope that she is, but to be a successful investing partner is a different job. emily: have you talked to her? john doerr: only briefly in the trial. i said, "hi ellen. how's your family? how are you doing?" ok.said that's it. i haven't spoken with her since. emily: why did you not try to settle? john doerr: i alw

beth seidenberg. emily: this idea that you have to be a founder or ceo, is that closing the door on good candidates? john: yes. emily: john, ellen is someone you personally brought in. she was your chief of staff, you were her mentor. how did you feel when you found out she was suing you? john: i was sick. it was painful. ellen was a good chief of staff. when i read the charges, i was aware they had no merit. emily: how aware were you of this situation? when she was there? how aware where you that she was not happy? john: i'd rather not get into the past. ellen did some good things. i wish her well. emily: she is now the ceo of reddit, she is making bold moves. was she really not senior partner material? john: it is important to look at the difference between being an operator and an investor, i think that she can be a good ceo. i hope that she is. to be a successful investing partner is a different job. emily: have you talked to her? john: only briefly in the trial. emily: what did you guys say? john

-- bethseidenberg --- seidenberg.t this means for the overall technology market. we bring you today's closing bell at the top of the hour and the banks that change their interest call right after this week's federal reserve meeting. that and more coming up. speaking and luxembourg, christine lagarde said what is missing from greek talks. >> we can only arrive at a resolution if there is a dialogue. the key emergency in my view is to restore a dialogue with adults in the room. alix: adults in the room. ouch. the head of microstrategy joins me now. it was not her only. the greece finance minister as well. are you prepping for a default? come towardhey will an interim conclusion. alix: how? it seems everything is the opposite. >> the imf is talking tough. when you look at what they do, they first send a nasty note reminding you of the importance of paying debt. it is a six month process. there is no one coming to repossess anything. defaulting is not that big a deal and i think it will scare them. the goal is to take the

joining me today, general partners john doerr and beth seidenberg. thank you for doinis

you can catch my complete interview with john doerr and beth seidenberg right here on studio 1.0.itbit raised 32 $.4 million in a larger than expected ipo. they closed at $29.81 apiece. the company and some of its backers sold 36 .6 billion shares. fitbit is racing to the top of the health tracking market. they started turning a profit last year. the growth is far from over says the ceo. >> there is $200 billion of consumer spending. we have a wide range of products. different sizes, form factors, battery life, supported different mobile platforms. we want to give people a variety of ways to enter our ecosystem. emily: of next, the fcc >> down on annoying robo calls. but not every commissioner sides with the consumer. plus, how this robot make it into your living room. that is ahead. ♪ emily: an end to robo calling? maybe. the fcc voted but the vote was 3-2, many at least two are not -- are opposed to ending this entirely. ajit pai is one of those. you cannot like the robo call during dinner? commissioner pai: i certainly do not. but the agency opened the door to class-action laws

jamie today, john doerr and beth seidenberg. it is great to have you here.ou haven't been quiet for a long time, quiet through the trial. why are you here? john: nobody likes litigation. this trial was painful. but at the end of the day, the jury heard deliberation and they found decisively on the facts that this company did not discriminate or retaliate and that this woman's claims had no merit. there was another trial going on in public opinion and it out against the technology industry and we in the venture industry. we get back. emily: so you feel like you lost in the court of public opinion? john: i'm sorry it was so hard to go through this, but more than anything else, it is hard for minorities in the tech industry. i have two daughters. getting through this world where everyone can participate is important. emily: you haven't been at this firm for many years, how did you feel when you are sued? john: the world she described was not what we stand for. emily: this has been going on for three years, what is it like behind the scenes? beth: it has been ha

joining me today, general partners john doerr and beth seidenberg. thank you for doing this. it is great to have you here. you have been quiet for a long time, quiet through the trial. why are you here? john: you know, nobody likes litigation. and we are human. this trial was painful. at the end of the day, six women and six men heard five and a half weeks of testimony. they deliberated for 1.5 days. they found decisively on the facts that this company did not discriminate, that we did not retaliate and that ellen's claims had no merit. we know there was a second trial going on in public opinion and on this topic of diversity it found against the technology industry and we in the venture industry. we get that. emily: so you feel like you lost in the court of public opinion? john: i'm sorry that it has been so hard to go through this, but more than anything else, i am sorry for minorities in the tech industry. look, this is very personal. i have two daughters. getting to a 50-50 world is super important. emily: you have been at kleiner perkins for 35 years. how did you feel wh

you can catch my full interview with john doerr and beth seidenberg right here on studio 1.0 7:30 p.meastern and pacific. fitbit is in good shape after raising $732 million in a larger than expected ipo. shares reached the height of $34 and $.90 apiece before closing at $29.81 apiece. the company and some of its backers sold 36.6 million shares, compare that to the plaintiffs asked -- compare that to the planet to sell less than 35 million. they started turning a profit last year. ceo james park says the growth is far from over. james: there is $200 billion of consumer spending in health and fitness -- we have a wide range of products. different sizes, form factors battery life, supported different mobile platforms. we really want to get people multiple ways to enter our ecosystem. emily: fitbit is valued at $4.1 billion. up next, the fcc cracks down on annoying robo calls. but not every commissioner sides with the consumer. plus, find out how one company plans to get to the humanlike robot into your living room. that is ahead. ♪ emily: an end to robo calling? maybe. the fcc voted to

seidenberg, we are here today because we think ptc can save lives. if you are a weaker or a monthly but the report, does anybody die? are there any major property losses? if one of the railroads came inside or not would make december 31st but we will make january 15th, are you likely to be imposing big signs and someone who is a few weeks or months late? >> highly unlikely. >> i didn't think so. >> mr. kerwin, it costs over $200 million into the ptc system. is that right? how much did the accident caused >> in excess of that amount they would say. >> in heinz might come in knowing what the accident cost versus what the system caused the system has 30 paid for health. >> yes, sir. >> is has paid for itself underline, it is it reasonable to say it would in any other line and avoided accidents? >> i would agree with that. >> i think so too. nobody here wants any fines. we all understand not mr. orseno. we get that. at the same time we said here seven years later with the major love is having done virtually nothing. how would you suggest -- let's assume