we invest in a european startups going international and u.s. startups going into europe.most three quarters of a billion dollars to invest in european startups. we are huge believers. but, it does mean we look across europe. we rose before, maybe 50% of the deals were in london and the rest were spread out. now, you are seeing a bigger spread in berlin and across europe, eastern europe. it is much more localized. lots more startups staying where they are because of the talent you have got there and the rise of investors not just looking in one location. taylor: have you had to look at tech visas in london and how you basically hire talent? alastair: we have the luxury of looking across europe. 40% of the last quarter of startup funding in europe came from u.s. and asian funds which is a record. sore and more of the big name are piling into europe. they are starting to locate in london, specifically because of geography and language. for us, we can find the best startups. before joining as an investor, yeah, you care a lot about visas. the bet for u.k. based startups is th

and startups and innovators are meeting at the car digital show. just to discuss ideas for the future but also how to finance. and how you know yes it's good to have you with us on business the so-called digital tax foresees new fiscal regulations for companies like google amazon and facebook u.s. treasury secretary steven warned the organization of economic cooperation and development o.e.c.d. against overhauling existing international taxation rules but france sees that very differently. right now global giants like amazon google or facebook can decide themselves in which country they tax their profits or regulation the u.s. in particular would like to preserve the paris ones profits that are made in france to be taxed in france and it's determined to enforce that. the american proposal for a solution which companies choose whether to be taxed or not does not convince me if i haven't seen a lot of companies that freely accept being taxed i've always counted on everyone's philanthropy but i'm not sure that with regard to public finance it goes a l

you're on--it's fifth startup, right? jay: yup.cott: you were estimating the last time we talked a few hundred of your employees at zscaler would become millionaires. would that turn out to be about right? jay: it should be. scott: that's just phenomenal, the wealth that you've created in this valley. jay: i think it's the employees, it's the team that makes it happen. leaders have vision but execution is the true thing. so i put together a great team that makes it happen. scott: all right, well, let's get to it. how do you keep that team on focus when the temptation is to look over in the corner and watch cnbc and watch that zscaler come across the ticker? jay: while money is an important factor in people's life, the people who are drawn to a startup like zscaler are the one who really want to make something happen, who really have a mission. so at zscaler we don't really look at it as a business. we look at it as a mission and the mission is to make sure the internet and cloud is a safe place to do business. scott: all right, but

we are a few weeks removed from one of the greatest startup stories turned on its head. the ipo collapsed, and then softbank had to jump in with a big bailout package that gives them control of the company. the financing obviously gives them greater runway, more time to get back on the path to stability. at the same time, it also opens up a boatload of cash that was tied up with their earlier credit line. this is something, from a credit perspective, that becomes more appealing to investors. a long way to go, but a good start. lisa: let's talk about what this financing package actually is. it's goldman sachs, right? it is a loan that will stay on their books, or that they are ranging to syndicate out. how big is it? >> it is $1.7 billion in financing. goldman committed to it last week. goldman would not have done that if it was not confident that they could spread out that loan to other lenders. so how do creditors suddenly become comfortable with wework? they added a simple twist. they made softbank one of the technical borrowers on this line of credit. so effectively,

comcast ventures its funds on startups. babe ruth hit another home run. this time, at the auction block. let's get straight into the burning issues. with me is kelsey butler, adam tim gunn, and chenal bass lake. a number of big asset managers have been getting into an expanding in private markets. what is it doing? kelsey: the firm is definitely growing its footprint into private credit. for one, they have appointed their cfo, meg mcclellan into a newly formed role of how to private bets. they are also doing hiring and potentially more acquisitions o grow their assets. lisa: what is the goal here? why is this happening now? kelsey: it is part of a push from investors. investors want someone who is specialized in these unique asset classes. especially when you are talking about alternatives and there are some intricacies along the way. lisa: although, how much is this coming from investor demand, how much from the fact that fees are higher in the alternative space? kelsey: that is definitely a driver as well as these have kind of compressed along the board

it is about animal spirit and startups. new jobs are created from companies that are less than two years old. that is where the boom of employment in the u.s. is coming from and hopefully japan will emulate that by creating startup nation japan. paul: you were talking earlier, lauding the government for its package. it does what it can. structural reform still in the two hard basket? reform -- too hard basket? >> you have got to do little things. the fact you are focusing on entrepreneurship and creating a start of culture, the fact that for example you may have seen also great news, softbank tying up with tokyo university to set and new ai research incubator lab, these are the sort of seeds you want to see to get true structural reform. kathleen: more investment, strong japanese economy, what does it mean for the boj? they might have to add more stimulus. the japanese get rid of stimulus? -- could the japanese get rid of stimulus? boring for has been the last three years. there is nothing to do. the bank of japan is doing

the poor fellow devout in follow new dumble africa's future belongs to the startups something western investors have finally woken up to last year investment in the sector quadruples to almost $750000000.00 and next was like the one in the car or seeing visitor numbers or. such i mean the 1st year in 2016 we had a little less than 800 participants on the following year we had 1500 last year we had more than 2000. 100 and this year over $3000.00 with more and more exhibitors every year. by this time the majority of african entrepreneurs develop ops with a focus on finance energy supply has an agriculture. and that's all for this edition of business thank you very much for watching and stay up to date on the. historical turning to politics business. the fear on the people of the islamic fascists. making its initial search. those strengths and states of emergency room he sinks into chaos. such as. the peace. corps. that defines overmatched. 19. today small steps december 23rd double. welcome to the euro max you tube channel. goodbye no story. with exclusive insights. and a must see conce

for us, we can find the best startups.ing as an investor, yeah, you care a lot about visas. the bet for u.k. based startups is there will be some visas that will make it easy to bring an amazing talent. or remote working. you can have teams living in other countries. taylor: eqt ventures alastair mitchell, thank you for joining us. brexit and tech story folding into one. that does it for this edition of bloomberg technology. bloomberg technology is livestreaming on twitter. check us out. make sure to follow our global blancaneaux was network, quicktake, on twitter. this is bloomberg. ♪ paul: good morning. i'm paul allen in sydney. under one hour away from the market open in japan and south korea. shery: good evening from new york. i'm shery ahn. sophie: i'm sophie kamaruddin and hong kong. welcome to daybreak asia. ♪ paul: our top stories this tuesday. a step closer is the u.s. prepares to fly to mexico. congressional approval could happen this month. morgan stanley wields the

the ones that get hurt are your startups and my startups. >> totally. >> so you need to understand not implications for the big guys but job creation will come from startups. we've got to understand when we do regulations, what does it mean to the startups of the world. >> really good context on two big issues thank you, susan, john, good to see you both. >>> up next, an exclusive with the ceo of bank of america, brian moynihan later, u.p.s. and cvs joining forces for delivery. we'll speak to both ceos and how they're defending against the growing threat of amazon a huge show still ahead. "squawk alley" is back after this quick break >>> welcome back to "squawk alley. let's get over to our wilfred frost, sitting down with a special guest. wilf, take it away. >> jon, thanks so much for that. as you said here at the goldman sachs financials conference. joined by the chairman and ceo of bank of america, brian moynihan. >> great to be here, good to see you again. >> we heard from you this morning presenting at the conference and some other banks are very optimistic about the consumer it se

and we'll go to senegal where startups and creative solutions are center stage at the car digital show now they just need someone to back them. this is your business africa report i'm stephen beers in berlin thanks for watching the opec oil cartel and its allies have agreed to cut production by a further half a 1000000 barrels a day that's the equivalent of half a percent of global output the aim is to bolster prices as the global economy slows and to compensate for higher output from other producers if the existing cuts were already hard for many smaller opec members and the new ones don't appear to be going down easy. saudi arabia and russia call most of the shots when it comes to opec and its allies it was their oil ministers who opened friday's meeting calling 48500000 barrel production cut despite plenty of disagreement from some smaller producer nations the big players got their way in the end. all opec members want to see high prices for their oil but there are regular disagreements over how to distribute cuts between producer nations some countries like iraq and nigeria are alr

you have a brand new startup, and it's called the woven calendar.ave talked to a lot of people who are using this thing. it's kind of helping people and companies reimagine how they use their time through the use of artificial intelligence. how do you sort of attack the investor world to say look, we are not like some of these others that failed miserably? >> well, first i will start with our mission. what are we trying to do. woven's mission is to help people spend time on what matters most. we think that's a really important mission for everyone. it's valuable. time is the most valuable asset we have. there are only 24 hours in a day. the only difference between me and mark zuckerberg when it comes to time is how we choose to spend our time. so we think this is a very valuable mission to be in. that's what we are focused on. in terms of translating that into investor value, the first thing is you have to create value for users and you have to grow. a lot of startups are very good at articulating their growth path and how they are going to be able

when you do a startup, you have to live with the company is.ecided that we have to be together. emily: you were employee number one. quibi makes quick bites. this is a short form video platform betting on six to 10 minute episodes. why do you think that is the future? meg: we know the revolution that has been started by mobile. today, our target audience of 25 to 35-year-olds is spending five hours a day on mobile. this is every morning you leave with this tv in your pocket and get all of this in between moments. waiting for me to meet you here, waiting for a friend for lunch, waiting at a doctor's office. you have 10 minutes and want to see something great. you watched some of the great youtube and snapchat and facebook, social networking, maybe playing casual games. we want to steal a little bit of that in between time by making hollywood quality content in short form. emily: it is interesting you mentioned facebook, youtube, because it doesn't seem the audience has flooded there in droves. what makes you think this is the right idea? youtube

as are startup culture here there's a startup culture here it's headquartered largely in some pall bearer a few ancillary places like food in the office and the word is on she that are playing some kind of minor roles but some parlor really is the juggernaut for startups. but even that and some paula mean if you took the 3 or 4 pedigree of venture capital firms and some follow up and up rooted them and took them away some paul wouldn't feel it and there's really it's a it's a small piece of the puzzle in some paulo whereas something like that in rio potentially could be big and that's i think what rio should be doing should be thinking about terms of future really is an attack and science future not just for real but for brazil generally so it will play theoretically or the finance minister has just been named finest bester brazil and adulations and it's your 1st week in office what would you do pathetically what would be your 1st 2 or 3 steps that you would take to bootstrap some of the sectors or what would you do i would do something radical i mean i would i would carve out the state o

they go right into the pot at lunch just down the road it was the 1st startup to move here it prepares vegan meals for kindergarten schools and supermarkets the partnership with the organic farms is a win win situation for both. because if you look at me we can buy a lot of vegetables including potatoes and pumpkins for us business and profit isn't everything because sustainability is important to us too the guys are short value chains buying locally sourced produce and building something up in the region here. the startups also give the organic farmers ideas for new crops to grow this is blue corn a traditional mexican crop tanya miller produces organic corn tortillas. but instead. we have a lot of demand for blue tortillas and of course we don't want to buy the flour or have the corn shipped across the world ideally we want to grow it here instead. now let's it's why i have done about we are currently growing it on 2 hectares of land we had a small test phase and it worked well. even though it's been a dry year we're hoping we can start harvesting some of it soon. in germany melons a

the startups also give the organic farmers ideas for new crops to grow this is blue corn a traditional mexican crop. produces organic corn tortillas. we have a lot of demand for blue tortillas and of course we don't want to buy the flour or have the corn shipped across the world ideally we want to grow it here instead. now let's it's about we're currently growing it on 2 hectares of land we had a small test phase and it worked well. even though it's been a dry year we're hoping we can start harvesting some of it soon. in germany melons are often imported from other continents but the organic farmers are growing them on a test field if they survive over the next few years without requiring additional irrigation they'll be grown on a larger scale. by. i insisted we were adjusting to the prospect of a drier climates and hot summers. there are plenty of crops that currently only grow in southern climates that can now grow here. such experiments can mean a financial risk but these farmers may 1 day be able to offer soybeans and melons grown on fields in northeastern germany. the onus of sus

what about stopping startups from using singapore instead of kuala lumpur?sed to be the case a number of years ago. i don't think we are seeing the case now. as the system continues to seere, we are starting to of startups, the ability to attract capital locally and location agnostic. the reality of that, malaysia makes for a very good base to aren, and our startups expanding regionally much faster than the regional peers. juliette: thank you so much for joining us, surina shukri, ceo of malaysia digital economy corporation in singapore. plenty more had. stay with us. this is bill burck -- this is bloomberg. ♪ rishaad: let's have a look at the latest business flash headlines. casino stocks in hong kong. listings jumping on china's decision to raise remittance and on account in the mainland. a lift in new york as analysts say the move got a stamp of approval from beijing. you can see what's going on here in hong kong with stocks. they are on a bit of a tear with a charge led by wynn resorts. hsbc, the outlook rating has been cut to negative at moody's. banksd

the berlin based startup analyzes data from research institutions around the. world. based on its findings plan a contact individuals companies and community groups in the affected areas worldwide. they publicize their project and allow users to help fund them. data analysis can help to identify and address environmental problems more quickly. litter base is an online database that's open to everyone graphics show the results of more than a 1000 scientific studies on marine pollution. on a world map it's easy to see where research expeditions have already taken place. the latest results from the worldwide scientific community are regularly fed into the database. the aim is to make the global issue of marine pollution more accessible and easily understood including to nonscientists.

the bay area startup showing off its new self driving big rig. what it hauled all the way across country. plus, sounds like something out of a movie, a flying chainsaw. why this thing is bringing some relief to people living in bay area fire zones. >>> coming up at 11, a major blow for san francisco. they lost were the biggest tech events. the oracle conference moving to las vegas. that's how much money san francisco is expected to lose. ♪ ♪ ♪ ♪ if you're living with a condition, kaiser permanente's integrated care team will help you get through life without missing a beat. kaiser permanente. thrive. ...6, 7, 8 ♪ ♪ ♪ big dreams start with small steps... ...but dedication can get you there. so just start small... start saving. easily set, track and control your goals right from the chase mobile® app. ♪ ♪ chase. make more of what's yours®. >>> silicon valley startup and just sent a self driving a semi truck, a big rig across country pulling off the first of its kind delivery. >> the company plus a i sent its autonomous big rig hauling 40,000 pounds

carol: so many are young startups. you are a startup, you are constantly putting out fires.n element of it. rebecca: definitely. startup, you are under a lot of constraints. you have a lot of money and you are learning to grow quickly. what they are learning is when you startup, you scale, it is he feminism your mission. that doesn't square with creating a big successful company, and maybe it shouldn't have to, or why would we accept that? jason: one of the things i took away from this, there is a distinct difference in the telling of this between the benefits of having women on a board or women in management versus diversity. that seems to be at the core of what you are arguing here, right? rebecca: i think there is this fallacy that we want more women to lead companies because women are more compassionate than men, they are more ethical, they are more moral, they create safer workplaces, and that is just not true. the research has found that is not true. in fact, that is just another gender stereotype. i talked to a researcher who put it out there and said, women are not t

but right now you're also an advisor for silicon valley startups as well as in singapore?ley: yes, that's right. so i used to work in amazon in the headquarter and also as one of the founding member for amazon, singapore, southeast asia. and then i went into private equity, venture capital as an investor. so now i've been doing advisor--advisory work for the startup where i help them to form strategic partnership, international expansion, business development, fundraising, m&a, and etc. so i spent 3 years in singapore--the past 3 years and i just moved back to the bay area. robert: but writing is your passion, huh? and traveling and writing about it is the passion? ashley: i'm just passionate about the world, passionate about the people. so i love doing that. robert: all right. well, you come back and tell us how it goes, okay? ashley: sure. of course. robert: all right, thanks. good seeing you. ashley: thank you. robert: all right, well, to keep up on ashley chu, and that's not easy, and to purchase her series, go to www.thekrazykoala.com. that's krazy with a k, krazykoal

john: i think it will be one of the startups. hopefully one of mine.our readers have ever heard about them. a company that maybe is on the fastest path to unicorn status. all of them with great profitability. it was a poor year for startups. 45 or 50 of them were pulled from the market this year. 50% from last year. many of the companies, their best day was right after they went public. i think you'll see a return back to the future. it will be not just about growth but about profitability and free cash flow. i think next year will be a super year for startups, but it will be those who learn to focus on profitability and free cash flow. a tough thing to do if you have not built that into your culture. making that transition is hard. kurt: tell me a bit about china. obviously that is a topic of conversation now. is the tension going to continue well into 2020? john: it is going to continue. i have been a huge backer of china. the first big decision i made in 1995 was to double down and china with cisco. a huge believer in the chinese people. it develope

. ♪ joe: the softbank vision fund best known for tech startups. on businessweek brings to light the real environment inside the famous fund. everyone has to read this story about how the vision fund operates. professional asset allocator. this article would not make me want to give them my money. shery: yeah gives you food for thought. economies -- economist at bloomberg did a great job talking to current and former employees. also, flattery toward them, a compliance issue. abnormally high tolerance for risk. we have many examples in this story about his personality but at the same time, the fact he can flip into rage mode if he doesn't get his goals. they are demanding more for his startups. romaine: i thought this article was fascinating. they pointed out a lot of the deputies under him were a source of some concern. >> it's not just one specific manager. vintage walle of a street macho environment. i think scarlet but right, it's like any other founder. -- i think scarlet put it right. you seem increasing scrutiny on how they are making those b

we're a startup.ve gone through a couple rounds of venture investment and the company is growing really well >> how many mechanics do you have working for you and where are they >> we're in about 20 markets mostly up and down the west coast. sort of your four big cities in texas, dallas, houston, san antonio, austin. we're in the four big cities, if you will, in florida with miami, orlando, tampa, jacksonville and then atlanta, charlotte, and then phoenix and vegas and chicago. >> how much does it cost me >> yeah, so it's really on par with an independent shop we're generally cheaper than a dealer but again, we really sell on providing a service that's convenient that's really our driving factor >> what kind of repairs can they do coming to me? what might be something they couldn't do that i would need to go to a shop for >> we do, if you think about this, about 80% to 85% of the things you that take your vehicle -- flashing light goes off in car, oh, no, what do i do about 85% of the time we can come

>> i think some of the rulemaking is -- creates -- is problematic for startups.ey have to think about five different things versus just going and building a great product that consumers love, etc. >> anything you can point to, specifically? >> when you look at europe and some of the regulations there, there is a european startup tech scene out there, and they have one more thing to worry about. ultimately i think it's a good thing and it's a necessary ingredient, but as we look forward, i do think we should look to create a sandbox. ♪ abigail: you're watching a special edition of bloomberg best, with highlights from the 2019 global business forum. i'm abigail doolittle. the panel discussion, were climate and trade intersect, brought together world leaders from the public and private sectors to explore two of the most important issues affecting the global economy. >> it's as simple as bringing alignment between the environmental goals, and the expectations we should have on ourselves with our trade talks. we're not doing that at present. let's start with our free

and co-founder of startup-meets-daycfice in venice beach, california.ng started the company after having a difficult time finding care for her first child. >> we want to actually increase the supply of home daycares, because we actually think that is the solution for early childcare. we also want to impre quality. the state of california re sly licenses fety. that's the number one thing. >> reporter: not quaty. >> not for quality, exactly. we definitely want you to be safe. but how do we actuallyake sure that the daycare is what parents actually want and need for their kids? ar>> reporter: she says we ensures quality by vettingid prs for experien, among other things. care-givers who utilize age-appropriate curriculum provided by the company-- and receive positive parent feedback-- are given higher ratings on the app. chang also wants to help families find care they can afford. >> a lot of preschools charge $1,000-$2,000 month, while home daycares actually are a lot more affordable, they're about 30-40% cheaper than preschools. >> reporter: but even thos

. >>> a startup with a big plan to use a certain type of rock to clean our oceans. >> i am thrilled to be a diamondback. >>> his first-ever press conference with his new team. madbum's shout out to giants fans. >>> you can find us on your favorite platform to stream. on the economy, a unique leader. mike bloomberg's created over 400,000 jobs. as president, an opportunity economy that works for us. tax fairness -- where the wealthy pay their fair share. education .. affordable college and high skill vocational training so people can succeed in the new economy. economic security .. lower cost health care and affordable middle-class housing. proven leadership on jobs .. to build an economy where people don't just get by, i'm mike bloomberg and i approve this message. they get ahead. >>> police used a little creativity to nab a package the. >> they discovered the first clue a bunch of empty amazon packages mma reached out to the victims and one gave them footage of the suspects license plate and car allowing them to track the owner to his home. >> he tried to off at the back. take our guys

be talking about the startups in just six months time. stripe. airbnb.eresting about this report is that they say the fourth year of a u.s. president term is typically a brush to go public so possibly in the next six months. , thanknnmarie hordern you for those stories that we will likely cover in the next year. ♪ -- formergreat escape automotive giant carlos ghosn please to lebanon claiming he was held hostage by japan's rigged legal system. his words, not mine. ending on a high. peter navarro says a trade deal with china is in the bag. this as the country's manufacturing sector grows more in december. and a rally to remember. a bumper decade for global stocks. oil is poised for its best year since 2016 and bitcoin is up 9,000,000% since 2010. let us get to the bloomberg open 30 seconds ago with annmarie hordern. >> good morning and happy new year. european futures ahead of the open -- arrows to the red. ftse 100 down. dax future down. germany is closed for the day. italy is closed as well. ae ftse market will be closed half day. a lot of markets around

the new startup company has been going for just a couple of years. these. team is just had some good news on one of their projects to be liberating did because we've secured some funds for low pay look $1.00 of the arabs who are doing development is fun and it gives you the chance to create if you create something and you see people use it i mean. so just watch and pray from there you can compare it to going to. need to formation whatever they are unknowable phones are very cheap and therefore the. coverage more than anything else. lord will not change its mark on the lawn for tate part of a logical system which is the information services what up to the mic information services what's a simple case who are in trouble this is. back in uganda it's the start of the long rains for william it's time to plant. and would be now a days or. a. to come. and make it but. so can when you help william become the farmer he wants to be. a filmmaker tony who helped come up with a life apps idea to new a challenge that he contra fuse is tasked to create a mobile applicatio

filing solution is not quite working creative solutions for farmers are in high demand and the indian startup is working with farmers on the outskirts of delhi to reimagine the agro east lets see how. winter is coming and the farmers of a small village in sunny but just spotty kilometers from new delhi are busy planting new crops. 'd at the end of the paddy harvest every year farmers in the northern states job often burn the crops that is left behind. only limited by hand it will take around 8 to 10. and they would be higher labor costs and the process is very time consuming. $20000000.00 tons of agricultural waste is burnt during this period causing a severe of equality in the region. are going to become very watery. there are problems in a very and there was a lot of noise around us noisier than a lot of people were going aboard crop stubble boarding and pollution causing so reports really really going to. their canard really how we're going to mars and. why you can hardly lose something when the crop stubble reds with you actually are born and called english. korea labs was set up by uncle

that you startups plan to work together. to do who could use the plentiful building rubble for his environmentally friendly bricks. now the 2 are working on ways to crush the waste and transported to the construction site they hope to get started soon. though we are working out how we can actually need. and use the rubble as raw material for making bricks with. and then it can be actually more profitable. and they actually help hire more people because then you will need people going to make bricks and people going to separate their waste encrusted with. more than 3000000 public least. subsidized homes have been built in south africa in the past 25 years even so the government has failed to meet the need for a new housing plan little over says that many who came to johannesburg hoping for a better life are now living in worse housing them before they're exactly the people he wants to help and not just by building new homes for them he has many more ideas for the future. with. the plan to actually plan the people that live he

te startups are connecting parents and providers-- but for many, the costs are still insuountable. >> if i we to pay $250 a week, that would be almost half of my salary a month. d then, you know, on top of rent, utilities, food, if he needs anything. it's definitely just not workable for me. w oodruff: all that and more on tonight's "pbs newshour." >> major funding for the pbs newshour has been provided by: ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> consumer cellular. >> the william and flora hewlett foundation. for more than 50 years, advancing ideas and supporting inttitutions to promote a be world. at www.hewlett.org. of these institutions:t and individuals. >> ts program was made possible by the corporation for public broadcasting. and by contributionsur pbs station from viewers like you. thank you. >> woodruff: the specter of impeachment looms larger than ever over president trump tonight. the crucial votes in the u.s. house of representatives are set for mid-week. congressional correspondent lisa desjardins begins our coverage. >> reporter: with a

you like to invest in these startup, i guess hospitality type businesses, is that right?hy and then i will ask you why you were so intrigued with david that you wanted to invest. >> a fellow entrepreneur, first of all, loved the risk takers, love the folks trying to fill voids, solve problems and disrupt the status quo. i have been a long-standing member of the financial community. been privileged to be with fox business for almost a decade now. i moved from the true credit to revenue structure products in the public markets into the private sector and in part focused on hospitality tech because we are a restaurant group. we own restaurants. we feel we have a better understanding and insight into what really, what tech really solves the most meaningful problems for the hospitality industry and the restaurants. that's where we started to focus on this as an asset class deserving of our attention. ashley: you invested in david's company, it's on me. did it check all the boxes? >> it checked every box. first it starts with the ceo and david, like some of our other favorite c

there were 21 startups founded or cofounded by a female the past $1 billion valuation mark.sier, and others. in 2015, there only 15. that does it for us, happy holidays. you can remind -- watch us every tuesday at 1:00. this is bloomberg. ♪ announcer: the following is a paid advertisement for time-life's video collection. >> welcome to our first show that we are doing. i am real excited. my lipstick. [laughter] >> good evening, sir. [laughter] >> millions of people are demanding my return to the screen. [laughter] >> what is so funny? >> we are. >> [tarzan yell] >> why the

the move by the vision fund comes amid scrutiny among unprofitable startups like wework and uber.e a bit more high-profile than wag. >>> if you think brick and mortar are dead, think again joining us from downtown philadelphia this is a great story, diana >> reporter: i knew you'd like it if millennials killed the mall, teenagers are going to revive them that's the message just opening this $400 million fashion district in downtown phil saying 81% of teens prefer shopping in stores again z spending increased and influences $460 billion. >> they are huge fans of click and collect. they click on line and pick it up in the stores they can get the tangible and social experience and the key is that they are buying more. >> so teen foot traffic is the new rent one of the new nations candy topia. bowli bowling alley, and teen apparel stores we are seeing upticks of our traffic, so yes. that's not to suggest every mall is a winner. that would be foolish to say right now. people have said if 40% of the malls of this country are obsolete and i've sold off 50% of the malls i don't want to ow

in how the honor and punjab to make crop residues profitable and prevent it from being burnt the startup has developed the technology to manufacture tableware like plates and bowls from the crops which in its original form has no market value the end product is eco friendly and cheaper than its plastic counterparts. after collecting that a straw from the fields. and then it will be. treated as the main where it will be washed all the doctors that comes along with it will be was there it. is so far the founders are doing most of the work on their own to clean the rice straw the use the normal washing machine. some chemicals added in order to loosen the fibers. then the rice straw esteemed and turned into a pieced. the founders called the beast. this is what gets processed into table where. it. is working on another innovation to decentralize operations and manufacturing and put the onus on farmers to recycle the crop rest. our model is basically that. machine will sell those small manufacturing owners who aren't interested on top knows so there are people who have medium to large scale fa

areas this bothered her a lot until it inspired her to become an entrepreneur now she's founded a startup that process is waste. so because a lot of people do it ways to move a ways in their college but then we take responsibility with the least and the they had visited roads with their waste we compost it we also send it distribute it to organization that make you service organizations like plan little house building company that you startups plan to work together. to know who could use the plentiful building rubble for his environmentally friendly bricks. now the 2 are working on ways to crush the waste and transported to the construction sites they hope to get started soon. though we are working out how we can actually need. and use the rubble as raw material for making bricks with. and then it can be actually more profitable on the side and they actually help hire more people because then you need people who are going to make bricks and people are going to separate their waste and crush. more than 3000000 public east. subsidized homes have been built in south africa in the past 25 yea