sergei brin is going into the beginning of self driving cars.talk to people involved that had said there was always tension between the there was two. always a healthy tension their documents show at times maybe it wasn't. larry was concerned one of them would sell their shares and an outside group would have a controlling stake. emily: the founders wanted the creation of a new class of shares. they already had the class b shares. and votes of regular shareholders, shares for regular shareholders had one vote. mark: initially they said december around christmas we will give this three weeks. the board pushed back and there was back and forth, and the lawsuit demonstrated there was a bigger push back. emily: illini expressed concern about pages and threads and the board created a committee to look into whether a shares should be granted. what do you make of how google's board handled it? >> i am impressed, looking back on stockholders with a controlling the stake is not easy. they pushed and insisted on larry explained what it was up to. if he wa

emily: keeping sergei brin and page engaged would help recruit talent. they made the biggest $12.5 billion acquisition of motorola, they had plans coming to fruition with alphabet and self driving cars, biotech and health care, all the stuff that didn't exist in google in 2011. now much grander and areas moving in different fields that arguably could not have happened if the founders didn't take control. emily: when you give founders control there is there is the risk of them not making decisions that are good. larry page personally approved a $1 million payout package for andy rubin, accused of sexual harassment, and permitted this guy to leave quietly and invested in his company. also played another google executive $45 million, also accused of sexual misconduct. where was the board? larry: both of these examples show the downside to dual class. the proponents of argued the founders envisioned in their out talk -- long-term outlook warrant control. but the downside is you sacrificed accountability to shareholders. it is true and if think it is disputed

he essentially admitted that his main concerns seemed to be if sergey brin were to sell his stock, larrye his majority control. and he was concerned about that. issuing the c stock would solve that problem. if he could trade his c to sergey for the b, he could retain control, so the board and cover that and did a good job. emily: the board still decided to start this new class of no voting shares. why, despite these concerns? mark: john noris is a good example. he was against this for a long time. he originally was against the proposal. one deposition said he changed his mind and was convinced this is the best way to recruit talent. this has been a huge concern. google has been about recruiting the best talent. emily: so keeping them engaged would keep talent? mark: yeah. this is the year they make the big $12.5 billion acquisition of motorola. page had these big plans to see the fruition of alphabet, cars, biotech -- all the stuff that was not in google in 2011. and now these much grander moon shots and areas and moving into different fields that arguably could not have happened if the

. ♪ emily: nearly 21 years ago, larry page and sergey brin founded a small search engine that we all the behemoth google. it has become one of the largest tech companies in the world. it has a market value worth more billion --dred $30 $830 billion. and with any company becoming public comes the threat of founders losing control, something a board member described as a "real concern" to page. in fact, according to confidential emails and other documents recently unsealed in a court case, we know how badly page wanted to keep his grip on his creation. "why should i sacrifice and work so hard if i might not be in control?" that is what page allegedly told a former google director. cunningham, george washington university professor of law and bloomberg tech's mark bergen weighed in. mark: in these court documents, we do not have larry speaking at all. but there is a deposition from sergey, but at this time larry had just returned as ceo. so he was ceo in the beginning and then the board brought in eric schmidt. he goes back, he went to steve jobs, asked him "what does it take to be a go

the documents indicate he was concerned sergey brin and eric special stop sell enough to dilute theirecisions. -- 2011. huawei has been dealt a blow by german intelligence saying it is not worthy to work with. they talked about past security events part of the reason for this review and it would be difficult to ally with a company that cooperates with its natural -- national secret. german intelligence is pushing for huawei to be kept out of five g. that is what we are watching. shery: online travel stocks boeinging amid the crisis with more countries announcing bans on the planes. china's biggest online travel company is up over 53% this year so far. let's bring in this guest. to start things off, give us your take about what the long-term ramifications could be from the ongoing boeing saga. will this affect the travel market? >> the government is putting the people's lives first. we will welcome that action. so when things like this happen, when there is tsunami in japan, earthquake in [indiscernible] or las vegas shooting, our team within a few minutes will reach out to all of the

. >> larry page and sergey brin said let's give them 20% of their time they can work on anything they'll put that link there. >> if you come here at 9:00 in the morning, the parking lot's still half empty and it's because it's up to the individual and the teams they work with to figure out what's the best way for them to work together. >> you guys finished work? >> no. we're going to go back. >> you're going to go back and work? >> we're working till night. >> they really worked hard to create a community of people. but where they're interacting and they're spurring each other's ideas. >> if you give them freedom, they will amaze you. they'll surprise you with what they come up with. >> the venture capitalists said you need to bring in a professional ceo. you guys are geniuses, you have all these ideas but you don't know how to manage anything. so they hired eric schmidt and he became the grownup in the room. >> what's the one thing each of you worry about most? >> in my case larry and sergey. just kidding. no, go ahead. >> eric and larry. >> i don't think any of us expected google to

sergey brin was worn in the soviet union, called them totalitarian.ance saying we cannot have this totalitarian government looking at people's e-mail. we cannot have our product fair. and so i think the egregious thing is they already know that this government operates this way and they are going back. it's not like they just want the market. they know already what this country does. charles: the bottom line is they are putting the bottom line over the safety of america really. >> well, sure. obviously the criticism has come from the fact that they've turned down the pentagon. and i don't discount -- that is your choice. but to turn down the united states, remember this is a product built in a free-market society, free-market capitalist society and then to go work with people who are actively working against a site inc. is very concerning and disturbing. >> i understand the conflicts, but i also understand freedom isn't free. people on the campus kind of stroll and and then they create their magic and don't understand the only reason they can do that