our guest is tim draper, chairman and founding partner of draper and associates and ds j venture capitaluch for joining us. tim. thanks for having me. steven: you are man who likes to take on risk when others are running from it. as the world knowledge forum says, the pandemonium that's happening right now. what is your take on risk? >> what you're really talking about is the markets are falling today because the interest rates went up. that's because we have a centralized fed and they are determining whether it should go up or down. they always kind of overcompensate and do it wrong or right or whatever. bitcoinre all a economy, we wouldn't have any of those problems. stephen: that's where your next risk is. i believe 27 of the companies invested in have become unicorns. are you still as optimistic about the big one realm -- bitcoin realm, now that we are seeing a selloff? tough, whenings are there is political turmoil, bitcoin does well, because people say, i'm not so sure about my government, my tribe, whatever it is, tied to some artificial geographic border. i might like this decent

coming up, we will speak to tim draper. stay tuned for that one. >> we are looking forward to it.ake a look at the setup when it comes to asian futures area it is not looking like a pretty picture. terrible lead from wall street overnight plunging the most since february. tech is getting blasted by trade war concerns. soul is looking like the tech sector will continue to suffer contagion as well. new zealand is also seeing a downside of two and a quarter of 1%. the yen is catching a bit as well and that will drive into the sentiments equities trading. plenty more to come. this is bloomberg. ♪ let's look at the u.s. futures right now. all are on the downside. the dow is down a 10th of 1%. the nasdaq futures are down as well. the nasdaq fell the most since 2011. we are seeing a lot of volatility. the vix rose the most since february. we are seeing a vix curve already inverted. all of this will translate to what happens in asia as we continue to see asian stocks under pressure. i'm shery ahn in new york. >> the volatility as well as the bear sentiment is spiking here in asia. you're

tim cook apple's c.e.o. talking about weaponize ing a data well it has been weaponized all along it's just on steroids now back when don draper and the mad men were buying mailing lists they were targeting your behavior and remember that when something is free you are the product so we call on facebook and we don't read that whole page of terms we just check accept and suddenly they own everything about us and hackers are going on facebook and testing our passwords based on your pet's name etc they're so tim cook is right and we've got to get less lazy about the volunteer and personal data it's a complicated issue that one that sent burna dinos shooters i phone was captured apple refused to crack it because they are zealous about privacy. holland thank you so much for your time halakhah coast of the big picture thank you go sox. and this week we discussed the growing role of women in business but today we know the passing of another another woman that was really important we go with wanda ferragamo a remarkable woman in business business the widow of fame shoemaker salvatore ferragamo ship passed away at her villa in florence

amelia draper is back with much more on the lates track a the impact we could soon be seeing in our area. in thei'm tim kaine.ked to keep all virginians safe. i helped lead efforts to grow our na to 355 ships and increased troop pay.ew but corey t said this about that budget bill... stewart: it's just an absolute nightmare and a disaster. i wish the president had vetoed it. that would hurt virginia and threaten our security. i approve this message because keeping america safe has to be a top priority. he turned around the naacp. businessman. ben jealous. "marylander of the year". he's helped grow twenty companies j and a thousaobs. ben's vision: medicare for all. a plan to lower prescription drug costs and fully fund our schools. the sun says jealora has "the stature andtas" to lead maryland. b we can do muter on jobs, on education, on healthcare. but it means we've got to believe in ea other. ben jealous. governor. i'm jennifer wexton, and i approve this mesrage. seen bar comstock's fake ad? jennifer wexton backed a deal leading to massive tolls on 66. nonsense. jennifer wexton fought the tolls on 66.