returns over the past ten years as i just read every man zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn holders from silicon valley have donald trump to crush competition which was crushed and now that brought. china to the trade table there is supposedly

unicorns of course in this context are companies startups worth more than a billion dollars there's like one hundred couple hundred of them in the united states well he says about over half of them are actually fifty percent overvalued this is keith wright a professor of villanova school of business so we should be seeing that uniform and saying well you know the change for returns over the past ten years as i just read every man zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn holders from silicon valley have donald trump

unicorns of course in this context are companies startups worth more than a billion dollars there's like one hundred couple hundred of them in the united states but he says about over half of them are actually fifty percent overvalued this is keith wright a professor of villanova school of business so we should be seeing dead unifor and soon well you know the change for returns over the past ten years as i just read every man zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss big proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn holders from silicon valley have donald trump

unicorns of course in this context are companies startups worth more than a billion dollars there's like one hundred couple hundred of them in the united states but he says about over half of them are actually fifty percent overvalued this is keith wright a professor of villanova school of business so we should be seeing that uniform and saying well you know the change for returns over the past ten years as i just read i remain zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss big proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn holders from silicon valley have donald tru

unicorns of course in this context are companies startups worth more than a billion dollars there's like one hundred couple hundred of them in the united states but he says about over half of them are actually fifty percent overvalued this is keith wright a professor of villanova school of business so what we should be seeing that uniform and saying well you know the change for returns over the past ten years as i just read every man zero migrated into the startup space on the unicorn space but the liquidity never came to the aftermarket never came the cash flow never came so now they all have to go over the cliff of the abyss proving once again the world is flat of course there are eighteen these are dead unicorns held by silicon valley investors they have deep pockets and of course they could afford to perhaps lose all of this but they're competing with china which has i guess a bigger market but also more capital to work with and you know they're in the race to see who can create more monopolistic sort of positions of course these unicorn holders from silicon valley have donald t

beyond france, which is a relatively limited market, and more of what are known in the sector as unicornscompanies that have more than $1 billion of value on the market. i think one of the major priorities this year is to take advantage of france's global network in africa and elsewhere to promote more of an expansionist approach to startups and where they can go and expand and scale up. we have the president of rwanda here. a huge mixture of presidents, ofs, and startups and funder -- founders of companies. gegenie: what is his and game here? is he just trying to -- his endgame here? is he just trying to boost the french economy? understanding an that france has had an energy in the past that is not necessarily business friendly. a lot of the reforms prior to emmanuel macron were going this direction, to make it a country where it is easier to start a country and maybe wind up back here back empty. people to take risks has been done under the .mmanuel macron presidency there will be a brain train, even if it is france, going promoting french companies in termrms of their being somewhat a

unicorn disability. >> you're giving everybody on out on this show. greg: if liz warren can do it, so can i. >> we had a kid in the neighborhood that thought he was a dog and we all encouraged it. but one day we were like hey jackass, stop being a dog. greg: he became the world's best fetcher. they're going to make a movie out of him. he would fetch things and he became famous for fetching. all right. i got to shut up >>> we've seen the military trying to do the integration of the women and men. guys behave differently when they're by themselves. >> tell me about it. greg: we got more to come. stick around. vo: gopi has built her business with her own two hands. each unique piece comes to life in the same way... a messy, sloppy, splattery way. but now she's found a way to keep her receipts tidy, even when nothing else is. brand vo: snap and sort your expenses with quickbooks and find, on average, $4,340 in tax savings. smarter business tools for the world's hardest workers. quickbooks. backing you. greg: final thoughts. doctor, yet the book coming out

unicorn disability. >> you're giving everybody on out on this show. greg: if liz warren can do it, so can i. >> we had a kid in the neighborhood that thought he was a dog and we all encouraged it. but one day we were like hey jackass, stop being a dog. greg: he became the world's best fetcher. they're going to make a movie out of him. he would fetch things and he became famous for fetching. all right. i got to shut up >>> we've seen the military trying to do the integration of the women and men. guys behave differently when they're by themselves. >> tell me about it. greg: we got more to come. stick around. hings can be a big deal. that's why there's otezla. an ... each year sarah climbs 58,007 steps. that's the height of mount everest. because each day she chooses to take the stairs. at work, at home... even on the escalator. that can be hard on her lower body, so now she does it with dr. scholl's orthotics. clinically proven to relieve and prevent foot, knee or lower back pain, by reducing the shock and stress that travel up her body with every step

unicorn disability. >> you're giving everybody on out on this show.reg: if liz warren can do it, so can i. >> we had a kid in the neighborhood that thought he was a dog and we all encouraged it. but one day we were like hey jackass, stop being a dog. greg: he became the world's best fetcher. they're going to make a movie out of him. he would fetch things and he became famous for fetching. all right. i got to shut up >>> we've seen the military trying to do the integration of the women and men. guys behave differently when they're by themselves. >> tell me about it. greg: we got more to come. greg: we got more to come. stick around. not having a good breakfast can make you feel like your day never started. get going with carnation breakfast essentials®. it has protein, plus 21 vitamins and minerals including calcium and vitamin d, to help your family be their best. carnation breakfast essentials®. to help your family i'm your phone,istle text alert. stuck down here between your seat and your console, playing a little hide-n-seek. cold... warmer... warm

unicorn disability. >> you're giving everybody on out on this show.rren can do it, so can i. >> we had a kid in the neighborhood that thought he was a dog and we all encouraged it. but one day we were like hey jackass, stop being a dog. greg: he became the world's best fetcher. they're going to make a movie out of him. he would fetch things and he became famous for fetching. all right. i got to shut up >>> we've seen the military trying to do the integration of the women and men. guys behave differently when they're by themselves. >> tell me about it. greg: we got more to come. stick around. hey! you know, progressive is america's number-one motorcycle insurer. yeah, she does purr! best bike i ever owned! no, you're never alone, because our claims reps are available 24/7. we even cover accessories and custom parts. we diget an early start! took the kids to soccer practice. you want me to jump that cactus? all right. aah! that lady's awesome. i don't see a possum! and it's time to get outside. pack in even more adventure with audible. with the largest

. >> unicorns? >> stephen: okay.ible. >> there are some animals that we don't know what they are. >> stephen: behemoth. >> no-- there's, like, words like what animal is that? maybe it's a unicorn. i don't know. >> stephen: what's' nephlim? >> i tonight know, what's a nephlim? >> stephen: about a buck 25. we're going to cut this part out. let's cut this part out. it's in genesis, gen sit. they're the sons of god, who mate with the sons of-- the daughters of men, and from which the heroes were born. that's what it says in genesis. >> maybe you're reading a different translation than me? ( laughter ). >> stephen: maybe so, maybe so. they're telling me i should move off of the old testament over here. ( laughter ) evidently-- evidently-- evidently, deconstruction of the torah is not big. >> 3,000 years of interpretive history is worth nothing to these people! >> stephen: exactly. >> geez. >> stephen: you have a new book. >> i do. >> stephen: just as good as genesis. it's called "boying up." >> it is! >> stephen: this is

jumped one hundred eighteen percent to one point eight two billion based on this well established unicorn strategy the net loss in twenty seventeen jumped by one hundred seventeen percent year over year to nine hundred thirty three you know they have to spend two dollars to gain a dollar sensually and revenues amazon you know they have lost money for years and years and they now own the market and that's the strategy so we work on netflix or apple or these other.

jumped one hundred eighteen percent to one point eight two billion based on this well established unicorn strategy the net loss and twenty seventeen jump by.

jumped one hundred eighteen percent to one point eight two billion based on this well established unicorn strategy the net loss in twenty seventeen jumped by one hundred seventeen percent year over year to nine hundred thirty three you know they have to spend two dollars to gain a dollar sensually and revenues amazon you know they have lost money for years and years and they now own the market and that's the strategy so we work our netflix our apple or these other companies they are willing to take this enormous risk that they are going to burn through more money than they have could ever raise to gain market share it works until it doesn't work you have amazon netflix are genuine dot com companies this is the real estate company which has huge elisa's long term leases whether or not that's going to write it's like any lampard over at sears yet thinking is going to be the next warren buffett because of a retail foundation not understanding that warren buffett is a.

. >> i guess the whole unicorn thing is done. everything was unicorn themed and now it's kcosmic.don't look at the calorie count. >> you ruined it. >> yeah. >>> run as fast as you can. that's what this little guy's coach told him to do when he was on base, one base away from home plate. watch this guy. he delivered, but in his own dramatic way. in slow motion, his cousin captured his hilarious run. his coach tries to nudge him to go faster. come on, let's go, buddy. it took some 45 seconds until he finally reached home plate. so maybe not so much an mlb career that's promising for him. >> life needs comedians too. >> "early today" will be right back. got simparica now. simpari-what? simparica is what kills tick and fleas, like us. kills? kills! studies show at the end of the month, it kills more ticks in less time than frontline plus and nexgard. guess we should mosey on. see ya never, roxy! use simparica with caution in dogs with a history of seizures or neurologic disorders. the most common side effects are vomiting, diarrhea, and lethargy. say goodbye to ticks and fleas... with

take the quiz and respond with your unicorn name. mine is shiny twinkle toes. >> well, that is a long weekend for mike, isn't it? as you get back to work after memorial day weekend, you probably notice e-mails about privacy policies hitting your inbox, trying to comply with a new european private rules. gdpr took effect on friday. the new law aims to give you more control over your personal data and how it's shared. specifically, it's for europeans and doesn't count in america. almost every online company is making changes though to its sites and apps, might be tempting to delete or ignore the notifications but they could have important nfrgs. >> you should always read the clauses, they are not the most enjoyable thing to read but they are helpful in explaining what you're actually giving up to these companies. >> the benefit that europeans are getting bleed over to us in a lot of policy update e-mails, companies simply say continuing to use the service means you accept the new terms. so read it. >> best buy wants to help older custo

come along lee and i think it's going to be easy but we are seriously considering that ok so the unicorn is breaking news right here considering that model that's. it's in the warehouse it's on the shelf you can pull it off put engineers to work on it and keep keep keep the lights on and keep rolling right leave it fits assoc so tell us talk about the conference if you will block chain economic event be it how many years it has been running but i've been doing events for six seven years in starting in india and that's how i met my co-founders that they can be and started a new coin and so both a year and a half ago or two years ago i started living in canada because this is where i'm from and i noticed a disconnect i noticed that there was a lot of big wind event but it was like in coffee shops and bars and basements and i wanted to do an event once every three or four months where people would look forward to it and they would kind of remember back and really hear memory what max said and and so that was the initial goal that kind of the bigger goal was we wanted to be the catalyst for

a unicorn in a world of donkeys. thank you so much for being here. please come back. continue this conversation. i wish i could dance. "topical s there was an idea. to bring together a group of remarkable people. to help save the universe... from paying too much on their car insurance. hey, there's cake in the breakroom... what are you doing? um...nothing? marvel studios' avengers: infinity war, in theaters april 27th. now...where were we? mr. elliot, what's your wiwifi?ssword? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's super fast and you can control every device in the house. [ child offscreen ] hey! let's basement. and thanks to these xfi pods, the signal reaches down here, too. so sophie, i have an xfi password, and it's "daditude". simple. easy. awesome. xfinity. the future of awesome. kennedy: apple stock rose 4% on the strength of a strong earnings report. as a result, all of their factory workers are getting a new swing set in the break room. i am just kidding. they don't get breaks. silence your ringers, this is the "t

bloomberg. ♪ emily: european ride hailing company taxify has been catapulted into the legion of unicornsith a $1 billion valuation. this comes after raising funds by a group of investors. the latest round, taxify secured $175 million from a european venture capital fund and a number of investors including the chinese ridesharing service. uber is stepping up the battle for dominance in europe as it weeks to gain a hold in the region. joining us to discuss from london, caroline hyde. what kind of ammunition does this new funding gives taxify in a market where the winner is far from assured at this moment? reporter: plenty of competition heating up in europe, particularly as we seek uber continued to struggle with european regulators, particularly here in london, trying to win back its license, which was suspended at the end of last year. $175 million being poured into this company, more than three times what red -- originally was reported. a big chunk of change from another strategic investor, this time the mercedes-benz maker daimler. disc is that the ammunition to go deeper into the coun

a unicorn in a world of donkeys. thank you so much for being here. please come back.is conversation. i wish i could dance. "topical storm" is next. mom? dad? hi! i had a very minor fender bender tonight in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay, yup. good night. with accident forgiveness your rates won't go up just because of an accident. switching to allstate is worth it. proven to protect street skaters and freestylers. stops up to 97% uv. lasts through heat. through sweat. coppertone. proven to protect. yes or no? do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for powe

we hear from the ceo of the european unicorn group. this is bloomberg. ibm has announced it is hiring 1400 employees in france over the next two years. the new positions will focus on ai, blockchain, and cybersecurity. europe has become a draw for tech companies big and small. .eliver rue ? a great place to start a business. we are in 12 countries, western europe, southern europe, uae, hong kong, singapore, and australia. u.k. was a great place to start up a business, convince people to work in a dark room without heating, in the beginning. people were willing to take a risk on that. we found it pretty straightforward to launch in other european countries as well. france is our second-biggest market, and we've had a lot of success here recruiting a great team. >> you are about to go meet the president, emmanuel macron. what will you be talking to him about? will: our interactions with the french government have been very positive. he has been pro-business, progrowth, pro-investment. just looking forward to hearing from him. >> a lot of it is about tech f

group, unicorn scout, rainbow uniform and they will attract a lot of kids. and everything will be wonderful. this what we do we compete. >> i want to know who will have the best time. >> i want some does he gos. >> we will put in our borders. in the meantime, thank you both. planned parenthood goes to court. the organization is angry about changes to the government-funded but pro-life groups say they are angry those groups are getting any funding at all. both sides make their case coming got. the sanctuary city mean a full on open-door policy? a man puts jerry brown on the side crashing the mansion. an update on the connecticut standoff, the barn blowing up injuring law enforcement officers, what we are learning about what is happening, live. and to keep up this pace, i drink boost optimum. boost optimum with 5 in 1 advanced nutrition helps support muscle, energy, bone, normal immune function, and vision. boost optimum. be up for life. boost optimum. tso why binge in here, when you can do it out there. with this clever little app called audible. you can list

the company is registered as one of his sub contractors it also works with other brands like unicorn. it was in the pan asia water that we found high levels of non ill for a powerful hormone disruptor. the guest x. plant and its waste with high lead levels is also subcontracted by the unique lobe rare. h n m has an office in the indonesian capital jakarta. and changes from and she. began posting. yeah thank you. to the director of asian m indonesia agrees to see us and so we made some promises. interesting specially that. the. ocean in the nation if i would like my sis in the . morning. looking at. her. and you know the world is not perfect this is of course not what we would like to see. three weeks after this interview. writes to us saying. we are sincerely concerned by the subject of your report. as the scale and ambition to lead the change towards a truly sustainable fashion industry. they claim independent audit of companies like. there are no levels that exceeded limits in their wastewater. also responded saying. that. they would investigate further with independent experts. two

. >> it is like bursting a unicorn's pimple. >> yes. right to your door so you won't have to lift a finger, just a fork. air wick knows life moves too fast to chase odors. get automatic odor neutralization with air wick pure freshmatic. just load, click and set to forget odors for up to 60 days. now try pure freshmatic free. (sharon) smoking caused my throat cancer. but, walking every day makes me feel like myself again. well, well, almost. (announcer) you can quit. for free help, call 1-800-quit-now. i can't wait for prom, only three more weeks! no! here, try clearasil. pimples can form up to three weeks before they appear. what! clearasil! why! clearasil cleansers go deeper than regular cleansers to treat them before they ever become a problem. clearasil. brushing teeth - easy! >>> closed captioning provided by: >>> she has something really big to discover right now. she is in her car. i wouldn't do what she is about to do at this moment. >> i am about to check the ucla admissions portal. i'm going to see what the verdict is. it's 6:00. i have a test at 6:30. i haven't really studied. >>

. >> i'm a unicorn startup. >> in the panhandle we found police confiscating alcohol from people. many neighbors have a love/hate relationship. some people love it and some people hate it especially the trash. this neighbor built a barricade to discourage public urination. >> sometimes they use the restroom or broke my stairs. >> reporter: other neighbors say things are pretty calm compared to years past. party on. in san francisco, cornell barnard, abc 7 news. >> people have been sending us their pictures all day. we want to see yours. >>> governor brown wants to put away billions of dollars in a rainy day fund. >> critics say it is raining hard right now for many californians. >>> and nasa's plan to launch lasers into space will be the coolest project of pretty much all time literally. details just ahead. >>> some budget analysts think california can afford to spend more on some social welfare programs. governor brown put billions of dollars away in a rainy day fund. some believe the savings may be too conservative and want the surplus to be spent on social programs. >> there is

. >> showing for yet another tech unicorn. this one is in the enterprise software space technology started off with price range of $10 to $12 earlier this week. priced at $15. look at this, they open at $20 where do they open they do online education for technology people. technology is changing so fast that the tech people need to constantly upgrade their skills. big data platforms so elsewhere, it's been a pretty modest year for the ipo returns. a basket of roughly 60 ipos. it's up more than 2% this year that's in line with the s&p 500. but tech, tech's been hot particularly software and consulting companies but docusign and dropbox security providers, carbon black and zscaler it means investors want to buy into productivity movement for companies. it means they like having a corporation as the end company the report here you get more consistent recurring revenue using a corporation with a subscription model than a consumer with an advertising model. one other point here, b.j.'s wholesale, they just filed for an ipo they wer

. >> i'm a unicorn start-up. get it? >> we found police confiscating alcohol from people that's not allowed on the course. >> here, many neighbors have a love-hate relationship bay to breakers. >> sometimes they get up here and use the restroom. they broke my stairs. >> others say things are pretty calm. >> this is pretty chill. >> party on, beta breakers. street trackers slowed traffic across the city. the meter lights were on until nearly 1:30 this afternoon. traffic was at a stand still. people were heading to the giants game. the drivers report the traffic in the area of the financial district started to thin around noon. for additional coverage, head to abc coverage.com. our online coverage includes a photo gallery for the top moments. >> we are getting a better idea of how bad the phone problems were for people affected by the wildfires. 87% of respondents lost cell phone service. 67% lost land line service and 73% lost internet service. many residents couldn't be notified that a fire was headed their way. a group

there are other tech unicorns i could be eyeing hong kong.nd, there could be simultaneous listings for companies like xiaomi. they could go back home. china is considering changing its laws as well to allow china's depository reserve could you could see xiaomi go home. they need to change laws on the mainland. there are a lot of opportunities. david: does that take away from hong kong or does that help hong kong? steve: we will find out. david: thank you so much. while we were having a conversation, let's have a look at my bloomberg term -- terminal. when 833 is your ticker for the stock to we are losing steam right here. looks busy there. essentially, we came from $58. 55.30. -- steve was with us. given the valuation steve, what are -- what is this price? >> essentially, it is price to sale ratios. what that means is essentially, the revenue needs to probably quadruple in the next three years. how they are going to do that, firstly, they need to basically double or triple their active users base. i know, they are sitting on about 30 million

the masked unicorn? ryan reynolds. future oscar winner just ahead of "deadpool 2's" premier.ch everybody freak out. oh, my god. >> this would have been your reaction. >> oh, my god, it's like ryan gosling. ♪ after all them years ♪ ♪ after all them years ♪ we can start all over again >>> beyonce with her best-known song. >> know that one really well. welcome back, everybody. we are back with the incredible story of a mother becoming the surrogate for her grandchildren, carrying the baby for her daughters unable to get pregnant. >> grandma's having twins. here's erielle reshef. >> reporter: look quickly and you may think they're sisters. but 43-year-old sheila and her daughter are having a baby, two in fact. >> i'm telling everybody i'm pregnant. they go oh, you look great for having twins. i should, because i am not the one pregnant. my mom is growing my babies for me. >> reporter: it started in 2015. makayla and her high school sweetheart happily married and proud parent. when makayla was diagnosed with cervical cancer. the treatment dashing the dreams of having more children

. >> you know un kornz love you know what unicorns love, they love ambrosia salad fajita fajitas. >>now when i can get a hold of that. >> it looks like a very evil unicorn. >> he is murdering it. >> greg is a wonderful uncle to jasper, and this is what it looked like last night, one month later. [laughs] look at that. >> it slowly going. >> >> that's abuse. >> what am i doing? oh, podcast. foxnews.com podcast. if you are in brooklyn tonight, you might see me at a power trip concert, if i can get over there in time. i don't even know. >> all right, let's go. >> the pollen count is really bad right now everywhere, but especially to the northeast. how bad you ask? well watch this video from millville, new jersey, has a back taps a tree. you will want to grab a bag of tissues. look at that pollen cloud of falling from above. blooming maple, birch and oak are the culprits because cool april lead to the month of may with a late blooming pollen laden plants. people with allergies, head to the drugstore for those runny noses and headaches. >> that sounded like an advertisement for claritin.

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we are going to hear from the ceo of the european unicorn delivery.omberg. ♪ emily: ibm has just announced it is hiring 1400 employees in france over the next two years. the new positions will focus on ai, blockchain, and cybersecurity. europe has become a draw for tech companies big and small. deliveroo is one of the biggest startups in europe. the ceo spoke to bloomberg during the sooner than you think summit in paris and he talked about growth. >> it was a great place to start a business. you know we are in 12 countries, , western europe, southern europe, uae, hong kong, singapore, and australia. and the u.k. was a great place to start up a business. able to convince people to work in a dark room without heating, in the beginning. and people were willing to take a risk on that. we have found it pretty straightforward to launch in other european countries as well. france is our second-biggest market, and we've had a lot of success here recruiting a great team. >> your second-biggest market is where we fit now, and hear about to go meet the president

mike the )unicorn birthday party ) at his house over the weekend. he just posted this picture on >>> welcome back to "today in the bay." mike has leftovers from unicorn birthday party he threw over at his house over the weekend. he posted this picture on facebook a real rainbow coming from lucky charms. what is that, mike? >> magically delicious. >> i guess so. go to his page to read the post, join our conversation every morning, the whole team, we're on facebook and twitter in the midst of anchoring the morning news. >> 5:55 for you right now. we all know this. the cost of housing is sky high in the bay area. some worry minorities are facing even more hurdles. the federal government monitors lending patterns by banks to make sure all are treated fairly. >> investigative reporter liz wagner found data to detect may be missing key statistics. >> when you apply for a home loan, banks are required to ask, what's your race? lenders have to report that federal government. when we crunched data in california we found surprising results. one lender reporti

companies are taking advantage of them while they still can which makes sense particularly if it's a unicorn with long term lease obligations up out the was due whose net loss which doubled to nearly one billion is bigger than its revenues so they did a five hundred million dollar bond offering there's a lot of crazy data in here but you know in terms of this system this nature of the global financial system and trade system which we've been. talking about on two sides of it are the u.s. and china and those two as the i.m.f. pointed out are the biggest debt monger in the world and escalating rapidly and you have these two sides of a perhaps precarious ends but that's why you want in order for a more anti-fragile system maybe not to have so many barriers and sanctions and and restrictions and censorship in the way of that so that the global financial system oh well i mean to your point about interest rates if in fact interest rates are on the way up and the ten year treasury bond is over three percent and heading to a more normalized five or six percent then junk bond market would head to a m

. >> i'm a unicorn startup. >> in the panhandle we found police confiscating alcohol from people. many neighbors have a love/hate relationship. some people love it and some people hate it especially the trash. this neighbor built a barricade to discourage public urination. >> sometimes they use the restroom or broke my stairs. >> reporter: other neighbors say things are pretty calm compared to years past. party on. in san francisco, cornell barnard, abc 7 news. >> people have been sending us their pictures all day. we want to see yours. >>> governor brown wants to put away billions of dollars in a rainy day fund. >> critics say it is raining hard right now for many californians. >>> and nasa's plan to launch lasers into space will be the coolest project of pretty much all time literally. details just ahead. you know at the heart of what mayor villaraigosa is doing today, he's fighting to make this country more equal and more just. president obama called him one of america's finest mayors. he's more prepared to get things done. antonio for governor. my dai need my blood sugar to st

i'm a unicorn startup. do you get it?ith b. some people reall the trash. >> this neighbor built a his sc he sometimes they get up here, s >> reporter: neighbors say things were calm compared to years past. >> i'm fine with this. this is pretty chill. >> reporter: in san francisco, cornell bernard, abc 7 news. >> there's hismbnunt ier pictur. a little much for 4:46 in the morning. but i thought it wasble. virginish -- >> use you r t resources. let's take a look at is w going laughing all ever mordae an sevn we're looking at walnut creek where the temperature is in som temperatures today, breezy in spots. chance of sible a all storms for us. live doppler 7 is quiet so far this mo a lesser extent in the temperuromg ac t south bay, lowok biggest b jump. near 80 inn fremont 70s through most of our inland and east bay neighborhoods. st to st chance of drizzle will emlesser extent in theinhe lowtu e to mid 50s. here is my accuweather seven-day forecast. i kept the rain chances out for thursday, friday and saturday. they're potentially

feel like it is the latest in a long series of animal trends last year the unicorn was anything but a nonexistent beast an ad campaigns for a couple of years tops the train. and the flamingo never seems to go out of style. more evidence of the pack is increasing popularity this year can be seen if this packer ranch in. here ever growing crowds of visitors get an introduction to the alpacas little idiosyncrasies. of the. even put halters on them and take the first role that's usually all it takes for them to fall in love with the fluffy creatures. radically cute very soft and affectionate. the stroll was easy and very pleasant and they really showed that to all those. left inside the social media has been stampeded with packers and they're so adorable apart from the supposed these. i think these animals are fascinating you don't see them very often and they look different from your ordinary dogs cats and mice they're so cute and trusting with those eyes and those teeth. because they are native to the n.d.s. mountains of south america. as are their close relatives the larger and heavier

. >> i'm a unicorn start up. you get it? >> reporter: by now. we found police confiscating alcohol from people. it is not allowed on the course. on fell street they have a love/hate relationship. som love it, some people really hate it. especially all the trash. this neighbor built a barricade around his house to discourage public urination. >> sometimes they get up here, they use the rest room or they broke my stairs. >> reporter: other neighbors say things are pretty calm compared to years past. >> i'm fine with this. this is pretty chill. >> reporter: party on beta breakers. in san francisco cornell bernard, abc7 news. >> oakland locals today hosted a huge barbecue at lake merritt dubbed barbecuing while black. the community event is in response to last month's incident when a white woman was caught on cell phone video calling police on two black men for using a charcoal grill. she said using that type of grill in that spot is illegal. the bystander who filmed it said the woman was being racist. >> if there is any reason she feels uncomfortab

i think this is kudos to bench and what they have done. >> i think the unicorns, if anything, they're coming public the ipo market is as strong as it has ever been you talk to a bank now, they're fired up and busy. it is all the pushback from companies saying i don't want to be public and the big boys have the power not to do that. >> if early investors don't want out, and they don't need the money -- >> kick the can down the road. they want to push off an ipo like tim says, as long as they can. remain independent and not have to deal with all the other scrutiny, if you will. i look at it and say i think it will be pushed out and continue to be pushed out the valuations will appreciate for them. >> i wonder if they have already appreciated, so whatever that margin is to go public, we look at wee works or something like that, they tapped the bond market, but haven't seen the equity yet, maybe there is not enough cushion and it is a huge transformation of business to go public. >> yeah. drop box lost 3 billion waiting. i will say that valuations as karen said have kind of hit a level an