i don't mean to putnly on silicon valley. washington has a corrupt relationship with them and citigroup had a big saudi stake but siliaion valley it's different. >> is this a case a moment of reckoning for silicon valley? some people questioning this relationship betweenth wha are trying to do, innovate and where they are getting that money from? >> a lot of the younger folks who work in these countri and a lot of women and people of color work in these companies and people have a different take than the silicon valley bro thing are come up with a awareness of power in the world at a lot of that foundi generation didn't and i think they will change these companies for the better. >> verytesting. thank you for joining us. your new book is the winners take all heite charade of changing the world. pleasure to have you. >> thank you so much for having me. or> that will do it for us. as always, more of our coverage, go to kqed.org/newsroom. thank you for joining us. captioning sponsored by wnet >> sreenivasan: on this edition for s

thela reon recently that billions of dollars in saudi government money has found itsway into silicon valley. they have becomeone of the biggest players in the valley. they own a huge stakeof uber and in wag and door dash and slack where everybody has boring chats all day long. it's hard to think about something that is so quickly pierces the illusion that silicon valley is anything other than a money making it doesn't mean it's horrible. it just means that the specialness that ied to cull vat for itself. this notion it's here to make the werld bend idealism is phony. this regime in saudi arabia is among the worse on earth. that money is among the dirtiest on earth and it is money causing climate hange anded to force degradation of women and what is in saudarabia a kingdom what isis looks like if it had conquered a nation >>state. t's noted for human rights abuses. >> 48 beheadingshe inomuf mont first couple of months of this year. >> do you think they see it as something else? >> if tey don't reverse course, silicon valley will known as riyadhest soon. they cannot detect incoming informatio

>> if they don't reverse course, silicon valley will known as riyadh west soon. theyant detect incoming information about their hypocrisy and so impervious to criticism. the reality this khashoggi thing has shined a lht on frankly a relationship america should have changed a long time ago. i don't mean to put it only oni con valley. washington has a corrupt relationship with them and citigroup had a big saudi stake but silicon valley clms it's different. >> is this a case a moment of reckoning for silicon valley? some people questioning this relationship between what tey are tryido, innovate and where they are getting that money from? >> a lot of the youer folks who work in these countries and a lot of women and people of color work in these companies and people have a different take than the silicon valley bro thing are come up with a awareness of power in the world that a lot of that founding generation didn't and i think they will change these companies for the better. >> very inkeresting. thou for joining us. your new book is the winners take all theheliteade

it's a very silicon valley -- i think it's a very silicon valley idea. but it can cause a lot of issues. i mean, there are some fairly famous issues at google in which employees caused as, you know, debating back and forth the issues as opposed to engineering. >> yeah. i mean, the thing to understand s ahe if unhappy about something, that's 9,000 employees. 900 employees. that's a fairly large small minority. you get a different dynamic as the culture has grown, the dynamic has shifted. >> i am not saying it's a wrong thing. i don't imagine the assemblyman on the ford assembly line is out there blogging about stuff the way that a google employee does. i'm not saying it's a negative thing. it's fascinating to me that you have to manage a culture in which there are so many different cultures and they are so active. >> well, if you think about google and what it's built on, it's the openness of the internet and the fact that there.naturally, areormation a part of that community. that means there is more openness, more discussion, a lot more debate. as the c

and some are blaming silicon valley.very feature, every sound that you hear is designed for people to stay on it. >> all of these companies are competing to figure out how can i keep you hooked, using it for as long as possible, as fely as possible. it's psychological terrorism. >> unless we do something, there's many people that are going to die. ♪ >>> in a small town in rural wisconsin, a young girl has died. it's left a community reeling. and a mother searching for answers. >> she was such a pretty girl, chris. >> thank you. loved the water. she loved the beach, the ocean. >> was she a pretty happy kid? >> she was a very happy kid and she would make others laugh. this was her and i on her eighth grade graduation. that's one of my favorite pictures now. >> morgan was chris' youngest daughter. >> hi, morgan. look at her smiling so big. >> bubbly and affectionate, she always focused on making others happy. how would you describe morgan as a little girl? >> she was very sensitive. if we were out on a walk and i would step

. >>> organizers of the silicon valley jewish film festival are setting up security in the wake of the synagogue shooting. and ruben tells us festival organizers have seen an outpouring of support from leaders of other faiths. >> reporter: organizers of the silicon valley jewish film festival knew they needed to act. the saturday shooting at a synagogue had everyone on edge. >> the reality is that we need to figure out quickly what we needed to do. >> reporter: the hundred a private security company that employs armed off-duty officers and they put out a call for volunteers, people they hoped would provide an extra set of eyes and ears. they received an overwhelming response. representatives from dozens of churches and a mosque reached out. >> we want to send a very

i want public servants to understand silicon valley and his silicon valley to understand public servantsily: do you think there is too much moral exceptionalism and arrogance among people in silicon valley is that they think they can do it better? jennifer: i think silicon valley of a long path to go down really understanding how government works and becoming part of it. we just did this panel here at wired that finished with the line, government is us. b for that. let's get involved. that was jennifer parker. coming up, sun says no. why the softbank ceo is dropping out of its saudi conference and what this means for the future of their vision fund. plus, twitter is cracking down on fake accounts, but bots are still print -- still linked to pro-government regimes. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activ

that's right, silicon valley! make like one of these guys and suck it!usic ♪laying ♪ ♪ ok i'll admit. i didn't keep my place as clean as i would like 'cuz i'm way too busy. who's got the time to chase around down dirt, dust and hair? so now, i use heavy duty swiffer sweeper and dusters. for hard-to-reach places, duster makes it easy to clean. it captures dust in one swipe. ha! gotcha! and (new) sweeper heavy duty cloths lock away a twice as much dirt and dust. it gets stuff deep in the grooves other tools can miss. you know what? my place is a lot cleaner now. stop cleaning. start swiffering. rewards me basically aeverywhere.om so why am i doing goat yoga at this mountain resort? because hotels.com lets me do me. ahhh. the smell of goat. hotels.com. you do you and get rewarded. ♪ [hip-hop music] ♪ [jazzy music] - bert and ernie are beloved "sesame street" characters, but the question on everyone's mind this week was if that segment was brought to you by the letters lgbtq. - we are back now with bert and ernie and the burning question this morning: are th

being acquired is really like a silicon valley thing. i'm from amsterdam and we think about it differently. in the valley, people think about exit strategy, the same month they're starting their company, so that's not really at top of mind for me, but yeah. i think i would be -- >> high quality problem. >> right. >> you can deal with it, right? >> you know, i think i would be good. i think being a good employee is about being super motivated, ambitious, thinking big. those are things i do as a ceo and they are things i would do as an employee of a big company. >> also feels like that thing of being able to deal with having people who work for you who are smarter than you is a vital part of working in tech at all. do you find that at all difficult? because to be the leader, you have to have confidence in yourself. but at the same time, you have to say i'm not as smart as she is. she should be making this decision instead of me? >> for sure, the number one thing i learned is the business skills that i don't scale. and to make sure, when we

knewk at facebd other companies about what was going on. >> i tried to talk to people who are in silicon valleyi feel like it was not, it was not being heard. >> jacoby: what were you trying to express to people in siliconi valley at th? >> it's very serious. whatever that we... that you are building has massive, serious tintended consequences on the lives of people s planet. and you are not investing enough in trying to make sure that what you are building does not go in the wrong way. and it's very hard to be in their position. no matter how they try and move and change things, there will be always unintended consequences. >> activists in my region were on the front lines of, you know, spotting corners of facebook that the rest of the world, the rest of the company, wasn't yet talkg about, because in a company that's built off numbers and metrics and measurements, anecdotes sometimes got lost along the way. and that was always a al challenge, and always bothered me. >> narrator: elizabeth linder, facebook's representative in the region at the time, was also hearing warnings from government of

that's the whole ethos of silicon valley, by the way.u only give us everything, we will give you free stuff. there is a trade being made between the user and facebook. the question is, are they protecting that data? >> thank you, mark. >> narrator: facebook had been free to set its own privacy standards, because in the u.s. there are no overarching privacy laws that apply to this kind of data collection. but in 2010, authoriti at the federal trade commission became concerned. >> in most other parts of theri world,cy is a right. in the united states, not exactly. >> narrator: at the ftc, david vladek was investigating whether cebook had been deceiving its users. what he found was that facebk had been sharing users' personal data with so called "third-party developers"-- companies that built games and apps for the platform. >> and our view was that, you know, it's fine for faceok to collect this data, but sharing this data with third parties without consent was a no-no. >> but at facebook, of course, we believe that our users should l of t

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seattle silicon valley and downtown l.a. you know one of the guys leading the whole silicon valley wave of hipster mills's google's eric schmidt accidentally discovers labor unions so you remember last week eric schmidt c.e.o. of google he tweeted let's find ideas that can increase the wages of one hundred thousand low and moderate income workers by at least ten thousand dollars delighted to support call for ideas for a unicorn for the middle class j f f's one billion dollar wage gain challenge now it's interesting because of course google and silicon valley exist due to government subsidies government subsidizes all the preliminary the primary technology that goes into an apple component or darpa of course is the basis for google and so these guys are riding on top of government subsidies government essentially has provided this guy's with a guaranteed wealth and now eric schmidt thinking that he has invented this somehow magically from the unicorns out of the lollipops is talking about how do we increase wages and again as

you know one of the guys leading the whole silicon valley wave of hipster mills's google's eric schmidt accidentally discovers labor unions so you remember last week eric schmidt c.e.o. of google he tweeted let's find ideas that can increase the wages of one hundred thousand low and moderate income workers by at least ten thousand dollars delighted to support call for ideas for a unicorn for the middle class j f f's one billion dollar wage gain challenge now it's interesting because of course google and silicon valley exist due to government subsidies government subsidizes all the preliminary the primary technology that goes into an alpha component or darpa of course is the basis for google and so these guys are riding on top of government subsidies government essentially has provided this guy's with a guaranteed wealth and now eric schmidt thinking that he is invented this somehow magically from the unicorns out of the lollipops is talking about well how do we increase wages and again as i've said on the show many many times that yes unions are there to provide wage protection for work

you are a silicon valley representative. you have lots of friends here.us what this internet bill of rights is what the reaction has been at home. a the bill of rights is simple document to say that people's freedoms and security need to be protected online. it has common sense provisions. individual should know what is happening to their data, just like you know what is happening to her how the data, to your financial data on a credit check , you should know what happens to the data you have online. you should be notified if there is a breach you should be able to consent before your data is collected. it's gotten a good receptive. ion. understandeaders that we need well-crafted regulations. brad: the european union has got a little farther and acted sooner on privacy regulations, and in particular the right to be forgotten. the right of any citizen to say, take me off your search engine. is this internet bill of rights doing the same thing? >> no, it's not. have the first amendment so the right to be forgotten would be unconstitutional. if i do not like

the cover ofeen on forbes twice, and most people in silicon valley don't know her name. invented many things that generate energy, including a soccer ball that generates energy. now she is working on smart cities. her impact will be global. she has raised the most money that a black woman has raised in a series a round. she will get less publicity than the 25-year-old white man from stanford who is just working on deck.tch ration me is a noticed of the opportunity being missed. and lucky for me we found her. i intend to be very wealthy because of it. [laughter] host: can you give us the concise version of your story? mississippiround in and being homeless at one point, you ended up in this position. arlan: i was homeless a little over three years ago. i was on food stamp as recently as four years ago. i grew up in the south, single mother, amazing work ethic my mom had but never could get above water. that sort of followed me a little bit. and i had a lot of health bills stack up, for a great deal -- stack up, so for a great deal of time i was without a home. i have been

pointed out today that they want to do a different compared to silicon valley that's why they also built apartments in this complex in berlin investors like the news the share price of the siemens has been up here all day with the class of more than one and a half percent in their thinking this is a good idea also to be. fit and ready for the future i don't have hope in frankfurt thank you today is the tenth anniversary of bitcoin founded at the outset of the great recession the cryptocurrency was supposed to usher in a digital revolution revolution in payments and just about a year ago its prize truly rocketed sky was before coming back to earth in spectacular fashion than a lot of investors cash on re entry into the real world sphere today this is much hope bitcoin as there is hype. in the heart of moscow there's a small and conspicuous shop it may look normal but inside it's a different world the world of bitcoin. there are a fake chocolate bitcoins as well as virtual bitcoins on servers for many of the crypto currency remains a great mystery even though russia produces more bitcoins

. >>> silicon valley and the tension with saudi arabia. new scrutiny on the ties with a country where a journalist was killed that's next. >>> hot for "hamilton." people were in line for hours. >>> and to the south bay, a live look at traffic. as you can see, it is moving along fairly slowly headin south along 101. a more powerful way to stay connected. it gives you super fast speeds for all your devices, enhanced coverage, and lets you control your network with the xfi app. it's the ultimate wifi experience. xfinity xfi. simple. easy. awesome. get started with xfinity for $34.99 a month for 12 months. plus ask about xfi pods for even more coverage. click, call or visit a store today. >>> today, tickets went on sale for "hamilton." >> the hit show is coming to san francisco for a second time. the shows ineban run through september. >> melanie woodrow talked with people who spent their morning in line for those tickets. >> reporter: so we're here where people are hot for "hamilton," and they are trying to get their tickets. what's your name

seattle silicon valley and downtown l.a. you know one of the guys leading the whole silicon valley wave of hipster mills's google's eric schmidt accidentally discovers labor unions so you remember last week eric schmidt c.e.o. of google he tweeted let's find ideas that can increase the wages of one hundred thousand low and moderate income workers by at least ten thousand dollars delighted to support call for ideas for a unicorn for the middle class j f one billion dollar wage again challenge you know it's interesting because of course google is silicon valley exist due to government subsidies government subsidizes all the preliminary the primary technology that goes into an apple compile.

stirring up a lot of debate about real-life silicon valley. speak with author jessica powell next. this is bloomberg. ♪ emily: jessica powell is a former head of communications at google, but wants to make it clear that her new novel, "the big disruption" is not a description of her time at the search giant. this is the first full-length novel for medium. >> i would have loved to do it anonymously. you are usually behind the scenes in pr. doing this is kind of terrifying. but at the end of the day, and i didn't want anyone to think it was about a specific company. i also realized at this time there are few senior people in tech that speak out about issues like this. a lot of times they move to new companies or they are still on the payroll so i thought it was important to put my name on the book. emily: as the new york times says, not long ago, your job was to defend silicon valley. and when you look at the plot line, the sales guy battling with the engineers, the female employees, the unwitting subjects of a wild social experiment, the vp's p

particularly in silicon valley.the number off the top of my head, i had thought of them as 30%. it is quite high. set you'reon which talking about, but it is absolutely true that immigrants are more -- low skilled immigrants are more entrepreneurial. so whether people are starting a corner store of the next big tech company, immigrants are starting companies. when you select the people willing to uprooting come to another country and make it in this new, foreign lands, sometimes without being a native speakers of the language often, you will select very entrepreneurial, bold, self-starter people. caroline: we will see how it unfolds. fantastic reporting, noah smith. you can see more of his writing online. coming up, amazon and alphabet drive tech down to its worst week in march. we will dig into the details next. this is bloomberg. ♪ caroline: a quick check on the latest headlines. --organ has really old revealed of regulation preventing branches for opening branches a new states. people familiar say that is trump -

act as a transitional labor force for workplace models especially in silicon valley. as the new deal protections remain on the books not alongside the economy so these laws or of the so-called rights were peripheral to the everyday experience of working americans. again and again we are forced to ask the question. who counts? who deserve security or certainty over where the next paycheck is coming from? at the same time we need to remember not to forget even for those white men who have a good paycheck. . . . . >> former law-enforcement and howard university professor discussion on police practices and policies. that will happen tonight's bantus book tv. forty-eight hours of nonfiction book and authors every weekend. television for serious readers. a reminder that this weekend will schedule is available on the website, booktv .org. now here is lisa mccubbin on the life of first lady betty ford. >> good afternoon everyone. good afternoon. we are going to -- those of you who have not been back on campus and while we are now on time time rather than michigan time. it's a

facebook, twitter, how about the silicon valley? you've referenced that in the past as, i think, silicon valley marxism, isn't that right? >> there are a lot of philosophers and philosopher kings in silicon valley. and when they pronounce on public issues, they imagine that their technology is an escatton, an ultimate thing and usurps human minds. my friend ray kerswhile introduced the concept of singularity, the moment when our computer technology would exceed human minds on all dimensions, and at that point, the technology would produce new machines in a cascade of inventions that leave humans far behind. mark: is that possible? >> no. mark: why? >> because this artificial intelligence is a machine. and remember, i stressed surprise. machines, if machines surprised you, they probably breaking down. machines are really deterministic almost by definition, and determinism in information theory, which underlies all of silicon valley, information is what's not determined by the machine. information is the creativity of capitalism. mark

how the scandal is testing saudi ties with silicon valley. >> reporter: some 8,000 miles away from silicon valley. allegations that journalist khashoggi was brutally killed and dismembered inside this saudi consulate. in turkey. saudi arabia crowned prince. the country that does billions of dollars in business with the united states. and silicon valley companies. >> represents the kind of future economy. that saudi arabia needs to create. >> the center or international studies in washington dc says he knew khashoggi. and the two attinended lunches. he says news of the murder does have companies rethinking their relationship with the kingdom. uber ceo announcing he will not attend the high profile saudi future investment initiative conference. the "new york times" and cnbc pulling out too. >> you're in a business environment. i don't want to be in a place where there's killings. >> as for the u.s. government severing economic ties with the king tom. that's unlikely. president trump says the kingdom buys $110 billion worth of equipment from the u.s. in addition the kingdom is a critical alle

she now hopes to turn the windy city into the next silicon valley.is bloomberg. ♪ emily: this is "bloomberg technology." i'm emily chang in san francisco. the bulls, thef bears, the blackhawks, affectionately known as the windy city, the third-largest city in the country, but if penny pritzker has her way, it as one of thenown the world.bs in pritzker is leading an initiative to try to put chicago up there with the likes of silicon valley. they set themselves in end date of meeting this goal -- the year 2033. i would like to welcome any pritzker back to the program where she joins us from -- you guessed it -- chicago. also former commerce secretary of the united states. thank you for joining us. why hasn't chicago, with everything that is arriving ? ere, become a tech hub yet and why do you think this can change that? secretary pritzker: our new initiative is a private fromership of 350 leaders nonprofits, civic committees, business leaders that have joined together to address issues in chicago. we have extraordinary assets in our city. for major uni

d that can really affect silicon valley also. on both these issue i thi the trump administration is playamg a risky with regard to immigration policy. >> that's what i was going to say. i just think it's a live wire. i think sean made a reaiy good a moment ago, and it could certainly play well for republicans. it's just a e.ve wi no one really knows where it's going. you're talking about a presidenh who works t a safety net. and i think a lot of people are going to have to watch every zig and za out of washington. >> and speaking of live wire and midterm elections, john, let's talk about some of the congression you brought them up earlier. some key congressional races are getting very nasty. specially the duncan hunter race. the republican duncan hunter was over the summer indicted for campaign fraud. and as this race goes tight e he is stepping up his attacks on his democratic chaenger amar campa-najjar. tell us what he's been doing. f>> this is one those efforts where the candidate is trying to distinguish himself from his oppo

around cultural norms within silicon valley companies. there are groups like coworker.org that do organizing of workers. we've seen research shows that are having a disproportionate amount of white supremacist donations. there's a lot of work and what we hope is that there's more work internally incorporations around really creating the culture that these celebrity ceos have -- that they wanted. people of color do over index on these platforms and are early adopters. we've seen as these stories come out, people are getting turned off, it hits the bottom line in different ways. unless facebook can come up with more adequate answers that we think they will continue to take financial hits. this is a natural part of what i think their adoption to the circumstances and the culture and the climate we are living in right now, that has to come through. we see them trying to do it and consistently getting it wrong, which is why i think we offer more of a roadmap on that. >> do you want to say word about the report card process? that is the next st

genevieve: this has been a problem as long as i have been in silicon valley.he population of people making the technology and making decisions about the technology don't reflect the population of people impacted by that. not just by gender, but age, education, background. i always think that the more voices you have in the room when you are making solutions, inventing the future, the more likely you are to find something that is compelling. so for me, the fact that study after study finds men and women have completely different attitudes to privacy, data, security, means that unless we have all those voices in the room, we will develop things that don't work for everyone. emily: do you think facebook and google and twitter would exist as is if they were created by a more diverse workforce? genevieve: in so far as i think they were tapping into very particular aspirations, yes. would the technology they built look slightly different? maybe. you might have had a different starting point. emily: so what do governments and companies need to do, given that ai will

i think it was reuters that called seattle the silicon valley of saving lives.s based on the gates foundation and what paul allen does. a lot of our other major institutions here who are all about worldwide philanthropy. we are probably be philanthropic capital of the world, looking at dollars. leading that aside, what we are seeing with our tech companies, and we just had microsoft on here, we are seeing companies maturing and learning here. we are seeing the social eq develop. microsoft has gone from being a company that we all hated to being one of the darlings of the industry in terms of being foot forward in philanthropy and civic engagement and helping disadvantaged communities. etc.. amazon with the $15 minimum wage announcement yesterday, that is a big step area that over -- the new bloomberg president came from this area. signs thatlot of tech is ready to grow up and take responsibility. we will see that increasingly from amazon and other tech companies as well. emily: you are investing in ai and machine learning. what are you most excited about? and wh

i think it was reuters that called seattle the silicon valley of saving lives.was based on the gates foundation and what paul allen does. a lot of our other major institutions here that are all about worldwide philanthropy. we probably are the philanthropic capital of the world, if you look at dollars. leaving that aside, i think what we are seeing now with tech companies, and you had microsoft here very recently, we are seeing companies maturing and learning here. we are seeing the social eq develop. microsoft has gone from being a company that we all hated to and was under all the antitrust pressure to being one of the darlings of the industry in terms of being foot forward in philanthropy and civic engagement and helping disadvantaged communities. amazon with the $15 minimum wage announcement yesterday, that is a huge step forward. the new luger president -- uber president came from this area. there's a lot of signals that tech is ready to grow up and take responsibility. we will see that increasingly from amazon and other tech companies as well. emily: you a

well if you look at silicon valley for instance saudi investors are among the biggest investors into the u.s. take start ups in silicon valley but you also have a couple of big tech names being engaged in a multibillion dollar deal in saudi arabia and then u.s. president donald trump repeatedly talks about a possible one hundred ten billion dollar arms deal with saudi arabia the president also claims that one hundred thousand couple of thousand hundreds of thousands of jobs here in the united states are at stake in the defense industry even if experts are skeptical if those numbers are. too high but investor respect a lot seems to be at stake for u.s. business so let's move away from saudi arabia for a moment the coming week is a big one for investors with some major companies reporting their earnings tell me what are investors looking for. here wall street is eager to hear what effect for example of the higher tariffs might have on you as a business is if the stronger dollar is. hurting some of their sales and then also we have higher commodity costs higher oil prices still there is

of a saudi government critic and the questions it is raising in the world of technology, from silicon valley all the way to softbank. washington post journalist jamal khashoggi went missing after entering the saudi consulate in istanbul on october 2. turkey says the saudi government had him murdered, a charge the saudis deny. one company with close ties to the saudi government is softbank. the $100 billion vision fund's biggest backer. on monday, softbank shares fell as much as 7%, erasing $22 billion of market value. we should note this comes during a global tech selloff that began last week. we have eric newcomer and max chafkin. this is a rapidly developing

in silicon valley, in hollywood, in washington?: the last year has undoubtedly been a big moment of change. there's a lot that has led up to this. in many cases, there were decades of behavior that are now coming out in this last year. to me, i'm more excited about looking ahead. in particular, founders for change and moving forward are two initiatives that i think are really exciting. moving forward is one that allows people to see the sexual harassment and discrimination policies and have a point of contact. that is something that is a change from where we were in the past. emily: founders for change involves founders agreeing to consider the diversity of a firm when they are deciding whether to take that check. do they have women or people of color? katrina: and importantly says, i'm a founder for change and i'm going to build an inclusive team. the founder is taking responsibility for their team and asking that. this is a massively different environment. people are having the right conversations. there are real protective measu

when they're not seeing or experiencing what they'd like to see from leadership in other sectors silicon valley corporations face a dilemma choosing between an ethical response to a shocking crime and the abundant funding that makes the tech industry flourish well joining me now from singapore is i mean they i mean it is a jap pan stock market strategist with singapore based symmetric advisors good to have you with us so how much damage has the whole affair done to the attractiveness of saudi money in the tech world right now or it's difficult to say the moment but i mean the likelihood is that you know it's going to have some notable impact all

emily: ultimately, you did it interest from one of the investors in silicon valley, bill gurley, whoas also invested in uber, and i think he has his own assistant to thank. she became addicted to stitch fix. katrina: yes, amy, who is his assistant. many of her friends and people in the office all love stitch fix. he was curious and he was like, i have to understand what this company is doing. we were not looking for money at the time. as i got to know him, it was clear that he would add a lot of value. that has been amazing for my development. it helped the company make changes in the way we operate. we have been lucky to work with him. emily: you and your cofounder eventually parted ways and you have become the sole face of the company. katrina: my cofounder and i parted ways about a year-and-a-half in or so. fortunately, in the summer of 2012, i was able to recruit the coo of walmart.com, who is still on our team and still our coo. also eric, who came from netflix. there's been a lot of continuity in the leadership. emily: was it hard breaking up with your cofounder? katrina: absol