the unicorns, especially.ly: i had an investor tommy today that we do not like unicorns because unicorns, if they don't sell, they have to go public, and companies are not going public. do you see the unicorns, more unicorns actually taking the plunge? jackie: absolutely. they are working on it. there has been a lot of focus on unicorns over the years partially because, they are brand names in our household and people are ready to see them go public, that they have not been ready. they have been building their process and infrastructure. we have been behind the scenes with many of them over the years, but we will see them come out over the next year. going to gohat is public. what about uber, airbnb? are they going to feel the pressure now, or are they going to stick to their own timeline? jackie: i think everybody is on their own timeline. i don't think they feel pressure to necessarily go out because the market is excited about them. i think they are doing the right thing. people are really helping them asse

they have a lot of unicorns in their portfolio. does that concern you?had a unique ability to invest in these iconic, elite companies, whether it be facebook, airbnb, uber. for those managers and those companies, there is a market for those companies to go public, but for the broader venture community, unless you are in those iconic companies, we believe that m&a is the most likely outcome. emily: jason horwitz has one fund in particular that made a big splash and there is some controversy about how good their returns have been so far. do you have the concerns about the performances? atul: we don't have significant concerns, we have seen the numbers and they have delivered very good returns over the course of the firm's life partly because they have been able to invest in some of the elite companies i just mentioned. we are very bullish on them. when they enter the venture capital game, they really change the dynamic by offering services such as recruiting, pr and even a sales pipeline by introducing strategics to company. almost on a daily basis, they w

, so-called unicorns out there.feel about that? >> yeah, our belief is there should be fewer instances of unicorns out there, primarily because the majority of the m and a happens under a billion, few are going public. if they plan or expect to be a unicorn, there better be a high probability they can go public. otherwise, if they're growth moderates which happens to every company eventually and they're not profitable, they won't be able to go public. their valuations will get crushed. there has been a focus on optimizing valuation versus exits. we hope that changes going forward. >> that said, you guys are investors in a number of funds. they have a lot of unicorns in their portfolios. does that concern you? >> so if you look at the top 10v.c. firms, they have the unique ability to invest in the iconic elite countries, facebook, pinterest, uber, lyft. for those manages and companies, there is a market for those companies to go public. for the broader venture community, unless you are in the iconic elite companies,

. >> unicorns, slippers, light up unicorn slippers. every time that you take a step you are getting a different light. so you know, how adorable is that? because this is the year of the unicorn. >> yes. >> and costing with the star wars theme. and, can you get with these are? they are light saber chopsticks. because you should be -- why not? and you can battle with them. come on, they are super good. >> yes. exactly. >>> may the force be with you. this little r2-d2 vacuum, you can plug it in and vacuum all of the stuff that you dropped after you eat your star wars. >> and, they want to move on to star trek and the real-life communicator. >> that's right. >> it actually parents bluetooth -- pairs bluetooth with your smart phone. and, you can stream your music threat and you can -- >> let's see if we can call. >> i had no idea who we are calling. >> hello? >> can you beam me up -- >> beam us up? >> scotty. >> way to play along. >> that sounds like my husband. >> i bought this from think geek i waited like two years and they were like why

caroline: still ahead, unicorn valuation, will we keep seeing valuation skyrocket in 2017? hear from one vest who is not so sure next. if you like bloomberg, check us out on the radio, the bloomberg radio app, and in the u.s. on sirius xm. this is bloomberg. ♪ caroline: welcome back to the "best of bloomberg technology". i am caroline hyde. as 2016 winds down, some believe uber and snap's value is fair, and others warn of a bubble. we spoke about just that. take a listen. >> i do believe and agree that we are at the highest level of fund formation and company formation, and at the highest level of innovation and disruption, and that will continue going forward. a lot of these companies will not be able to be funded going forward, but there will be a subsection of them that will create interesting things that change the way we work and operate. emily: a lot of companies have delayed going public, valuations have soared, a rise in so-called unicorns out there. how do you feel about that? >> our belief is there should be fewer instances of unicorns out there because the majori

a rise in so-called unicorns out there. how do you feel about that?belief is there should be fewer instances of unicorns out there, because the majority of the m&a happens under $1 billion and few companies are going public. if a company expects to be a unicorn, there better be a high probability they can go public given the business model. otherwise, if their growth moderates which happens to every business eventually and they are not profitable, they won't be able to go public and their valuations will get crushed. as we look at the past few years, there has been more of a focus on optimizing valuation, versus exits so we hope that , changes going forward. emily: that said, you guys are in a number of venture capital funds, and they have a lot of unicorns in their portfolio. does that concern you? >> if you look at the top 10 vc firms, they have had the opportunity to invest in these iconic elite companies. whether that is facebook, pinterest, airbnb, bloomberg, or lyft. so for those managers and for those companies, and there is a market for those

technology is great for that, especially unicorns.: i had an investor tell me today we don't like unicorns. because if they don't sell, they have to go public and companies are not going public. do you see more unicorns actually taking the plunge? jackie: absolutely. they are all working on it. there has been a lot of focus on unicorns over the years because they are brand names in our household. theirave been building processes and infrastructures and we have been behind-the-scenes working with many of them. we will see some of them come out next year and over the next several years. emily: what about uber and airbnb? are they going to feel the pressure or are they going to stick to their own timeline? jackie: i don't think they feel pressure to necessarily go out because the market is excited. i think they're doing the right things. they have great people around them helping them to assess the business. emily: what about when it comes general, techs in has underperformed compared to the rest of the market. as tech iposr relative to

. >> still ahead, unicorn valuation, will we keep seeing valuation skyrocket in 2017?ll hear from one investor who is not so sure next. if you like bloomberg, check us out on the radio, the bloomberg radio app, and in the u.s. on sirius xm. this is bloomberg. ♪ i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. hey, drop a beat.flix? ♪ show me orange is t new bck ♪ ♪ wait, no, bloodline ♪ how about bojack, luke cage ♪ oh, dj tanner maybe show me lilyhammer ♪ ♪ stranger things, marseille, the fall ♪ ♪ in the same place as my basketball? ♪ ♪ narcos, fearless, cooked ♪ the crown, marco polo, lost and found ♪ ♪ grace and frankie, hemlock grove, season one of.

any other unicorns that we need to look out for? >> it's the christmas unicorn right?ry year the spurs are there at the end. nobody talks about them in the meantime. dwyane wade with the chicago bulls. they're slowly coming to form. kind of been inconsistent for a while. watch for minnesota and oklahoma city tonight. russell westbrook, he loves the spotlight. can't wait to see what he's going to wear walking into the arena. also a triple double machine. i'm guaranteeing a triple double. for russell westbrook. >> you are guaranteeg a triple double? >> absolutely. >> i'm guaranteeing you're going to find something bright and shiny in your driveway. maybe not. have a small gift. >> thank you. >> you can't go away empty-handed. thanks tony. dan, over to you. >> thank you, paula. it is christmas morning and what has been a turbulent and at times violent year. joining us to talk about the meaning of this day and the holidays in general during these times, three faith leaders, dr. jones, president of the union seminary here in new york. rabbi abgadi, and thank you all for bei

you are talking about early car -- unicorns early on. i see 25,000 on this market. and i have probably never called an up market on the show. that is the one thing that i caught on to. when a guy like this that's probably the only real question i have. thank you john. >> i have fun listening to it as well. on wall street this afternoon. what are we down 30 points. will stand top of that. they think we will eventually go to 25. start your day with the number one choice of dentists. philips sonicare removes significantly more plaque versus oral-b 7000. experience this amazing feel of clean. innovation and you. philips sonicare. save now when you buy philips sonicare. . >> closing bell about to ring here in five minutes, and we have breaking news. lori rothman has grown 7 inches and she's joining me for the last few minutes. >> you busted my secret. standing on the box. >> upset she's not invited to the dinner with charlie gasparino and johnny tabbaco. are we talking about it? >> we are sick of talking about it. you know what the problem is, interest rates, we're seein

some ofou have seen these tech valuations for so-called unicorns reach nosebleed levels, how far are sing that kind of thing happen in the middle east, where i am assuming that the situation is still pretty nascent. >> exactly. a lot of these companies are still very early days. is onlyy like careem formed in 2012, so it has been a very rapid growth. another e-commerce venture in the middle east, which is very similar to an amazon business model, that has also been valued at $1 billion. , thee now starting to see transition is now starting to occur where we see investors start to really question these businesses and question whether they can transform the big user base they have got into profits, and that has always been the stumbling block for these startups. it is easy to go out and build a huge user base and attract customers, but can you monetize them? i think we will see that process start to happen over the next year or so as some of the tech companies in the middle east are to think more about listing on public markets and getting scrutiny from investors. haidi: thank you so m

-- the unicorns.is where all of the money ends up going back to and the middle east has been losing out on this so far. he is trying to create some homegrown companies to keep more of the money in the middle east. he is very keen to profit on this. he is leaving this shift and he has a group of investors behind him. public investment fund is a key partner for him. drive this. to he has created an investment fund as well. >> what do we expect to see him do next? matthew: he is keeping the cards very close to his chest at the moment. there will be another deal announced within the next 60 days. we will see something coming out from him as part of this $1 billion investment fund. he is not even telling us the name of the fun tea has created at the moment -- the fund he has created at the moment. angie: keep an eye on it for us. thank you so much for that. ♪ angie: a middle east company that runs on one classified says it may file for an ipo. it is in talks with banks to say shares in-- to sell the next 1

there is the notion that in a withipo year, starting snapchat, we might see some of the unicorns comeut of the ipo's and that would mean something to the public markets and give some more volume and stocks to trade. we talked to the head of investment banking at credit suisse. listen what he said and maybe get the sense of excitement about new ipo's. >> there is anticipation along -- around the large private technology companies coming in and if you think about the size of those companies, the potential size of the ipo's, investors are starting to think about positioning themselves. cory: the notion there that ipo's will lead the way. we will look for the reddit of -- the role of credit suisse. ther dream is to get underwriter on the deal and that could be a big deal for credit suisse but also for the rest of the technology struck -- stock trading universe. just announcing that they are working on creating 25,000 more jobs and investing in a billion dollars over the next four years. is this part of winning over the new administration? it willybe and maybe work. it sounds kind of ridic

the notion that in a slow ipo year, starting with snapchat, we might see some of the uniform -- unicornsome out of the ipo's and give more stocks to trade. we talk to the head of investment banking and credit isse.ze, -- su >> there is anticipation about a lot of the avid technology companies coming in 2017. i think if you stick about the size of the companies and potential size of ipo's, investors are thinking about what to position themselves. that there is a notion ipo's will be leading the way. we will look at the role of .redit squeeze -- suisse at the meeting at trump also tomorrow, ibm's ceo be there. ibm has said they're working on investing $1 billion and grading more jobs. -- creating more jobs. is this part of winning over the new administration? : maybe, and maybe it will work, but when you look at that money be spent in acquisitions, the comet has spent three $6 billion over the last four years. the notion that $1 billion is a commitment when you just spent 26 -- that was 15 weeks of spending last year alone. $1 billion is a drop in the bucket for ibm expenditures. what they

plus the unicorn that sword. a uke at australia's hottest tech company one year after it went public. so much for burning the midnight oil. the key to ultimate success is sleep. arianna huffington joins us to discuss her latest venture, and the rise of think news. u.s. stock benchmarks jumped the most in a month. bloombergs edgar at large with me for the tech takeaway. they have not performed well since the election. what made today different? stocksink you see some left out. i believe it has been a month since election. it has been an interesting month. hasresults of these stocks been blamed a lot on the focus of the trump administration and the notion that maybe there were some excuses that trump would take a hard line on amazon with taxes, as if the irs was not already doing that. the performance of the market today was spectacular. amazon, netflix, facebook, google leading up into november, and then underperforming in the month since the election, i think one of the reasons you see that versus the s&p 500 mig

>> this is from loft and unicorns areally big right now. this is from loft, $89.50, perfect for the baby sitter or teacher or one of your girlfriends. >> or me. >> watch company. >> i'm wearing a shineola watch right now. this bag is 950. this bag is really great. >> we have the clutch here for your female friends. shinola as well. >> a lot of people don't realize they make leapt ever goods. >>> and we have more bucket feet women, men and obviously the kids. >> the patterns come in different shapes and sizes for everyone, right? >> yes, bucket feet has a number of patterns, fabrics, styles, lace-up, high-hop. slip-on. >> and what about the friend or person in your life who has everything and it's always hard to shop for someone like that you rack your brain, what do you get that person? >> you can get them an experience, can you get them something that you can give the gift of entertainment. tickets to a show. you have to think outside the box when it comes to that person, i think i am that person. my closets are full to the brim. people do

where can you get everything from a unicorn horn to homemade jewelry? etsy has you covered.in the heart of new york city catering to those looking for a unique and locally crafted present. >> can i point them out? >> reporter: earlier this year we were there as top etsy sellers have a chance to take their businesses to the next level. >> hey, guys. i'm here in my studio. >> reporter: meet 16-year-old zandra cunningham. on weekends, a budding beauty entrepreneur. >> we get the order fulfilled. >> reporter: tonight she's packing up her homemade exfoliators and body scrubs and driving from buffalo to brooklyn. >> we're excited to see the rest of new york. >> reporter: with her parents to see if she can turn her home grown hobby into the big time at the etsy open call. the super bowl of crafting where entrepreneurs can land major accounts with top retailers like macy's and whole foods. >> i'm kate lip, the owner and design. >> reporter: kaitlyn runs her business out of her home in texas and is carting her wears to new york with dreams of mass market success. how difficult was it

it's like seeing a unicorn and bigfoot at the same time. sorry we're so late. bernadette got stuck at work. great news! a raccoon virus just crossed the species barrier and now can infect humans! why is that great news? in the pharmaceutical business, we have a saying: "mo' infections, mo' money." wait! maybe you want to wash your little raccoon hands first. oh, calm down. if i had it, i'd be dead already. guys, listen up.

. >> one of my children want a unicorn. she wants one each christmas and i haven't been able to find it yet. that is purchase. >> matthew talks about family and a big honor today, that starts at 4:00. stick around for 12 news at 5:00. >> a local high school facing threats. >> police say they stopped an attack before it happened. the warning signs that tipped them off and lead them to the suspect. >> $6 billion is going to opioid abuse, a bill that risk of alzheimer's. >> a regular dose could help to fight alzheimer's. people are exposed to higher levels are 10% less likely to be diagnosed with the brain disease. >> fewer teenagers are using drugs, including alcohol, cigarettes and opioid painkillers. marijuana use is down except among high school >> bad news nor white wine drinkers. it could increase melanoma. white wine drinkers were 73% more likely to be diagnosed with melanoma. >> eating ice cream for breakfast makes you more alert and smarter. activity of a group eating ice cream just after waking up. some say that the

looks like a unicorn. >> this story couldn't get any sweeter, we spoke to the mother and said the youngero been gifted a pony by a stranger. >> what? >> happy? >> yes. >>> it's one of the best artist creations we've seen all year. >> what do you think this is going to be? >> why the answer will truly amaze you. >> what? >>> and some brave pilots take on a top gun inspired stunt. >> the canopy to canopy picture taking shot. >> see why they are snapping the sky is definitely best of 2016 worthy. >> boom! brought to you in part by -- publisher's clearinghouse. sick, huh? i'm good. i just took new mucinex clear and cool. what's this sudden cooooling thing happening? it's got a menthol burst. you can feelay. new mucinex clear & cool.el the menthol burst. while powerful medicine clears your worst cold symptoms. let's end this. [ it's a good day by peggy lee playing ] [ goat bleat ] [ crow caws, music continues ] this is gonna be awesome! when it comes to buying a house... trulia knows the house is only half of it. and with 34 map overlays like playgrounds, demographics schools, and more... you

stuffed animals, stepped unicorns that don't exist in the real world. mix of the natural world and the world of make-believe and legend can be found here. that's the impression you get from this place. there are also strange things like this albino p cop. to come across animals we know that are already rare -- this all by no peacock. it's known for its extraordinary colors, but here, it is completely white. shops, we come to admire all that is unusual and strange. everything that is beautiful, be it for colors, shape, or just it's uniqueness. you don't always get that in a museum, where what is interesting scientifically is always given priority. to me, the beauty of an animal is what propels us to want to know more about it and how it lives. >> this is one of the oldest taxidermists in paris. it houses hundreds of stuffed animals from across six continents. with his nimble fingers, he gives these creatures a second life. this morning he's working on a microscopic skeleton. >> here i have a very tiny specimen. , its a little exotic bird is really fragil

. ♪ ♪ >> is it weird that i'm holding a pink stuffed pony unicorn? >> no.you know better than i would. isn't this what all young girls were doing? >> this is my bedroom. okay, it wasn't really a bedroom. it was a promo set of a teen girl's room plastered with photos from rob's heartthrob days all in preparation for his comedy central roast. ♪ ♪ >> david spade? >> hey, sexy. >> david spade was the roastmaster emcee and anything was fair game. >> and now the moment your stepmom has been waiting for, rob lowe's package. >> am i stupid to have said yes to it? >> well, rob lowe -- >> it's a mistake, right? >> you've got material, you know that, right? >> when did you find out she was 16? >> a little too late. >> why did you say yes? >> because i loved those roasts. i love them. they make me laugh, and look, maybe there's something wrong with me, but the meaner they are the more i like it. >> okay. >> and the people who can take it are my heroes. >> since the roast, we've seen rob every week on cbs' "code black" that pretty much takes him out of the running for a

. >> reporter: tis the season for holiday shopping, so where can you get everything from a unicorn horno home made jewelry? etsy has you covered with an annual holiday market in the heart of new york city catering to those looking for a unique and locally crafted present. earlier this year, we were there as top etsy sellers had a chance to take their businesses to the next level. >> hey, guys, sandra here. >> reporter: meet 16-year-old sandra cunningham, a tenth grader by day, but after school and on weekends, a beauty entrepreneur. >> all for sale. >> reporter: a contract with one of these megastores can take it even further. these diy business owners are selling everything from cheese boards to kids' costumes. we caught up with amy from whole foods in patrick from paper source to find out what they'll be looking for. what does it take for companies that are on etsy to get in a store like whole foods? >> we see products every day, so it helps to get to know everyone's story. >> what's been great here is virtually everyone i met here is representing some product that is unique, handmade

it has 25,000 swarovski crystals in the shape of santa riding a unicorn.uy it at ti tipsyelves.com. >> and a reminder, christmas, ten days away. see you back here tomoow.rr >>> bracing for impact. the sandbags are out and the rain preparations are in full force this morning. we have team coverage to get you out the door safely. "today in the bay" starts right now. good thursday morning. thank you very much for joining us, i'm sam brock. >> are we ready to get soggy? i'm laura garcia-cannon. it's a storm we've been talking about for days and for parts of the bay area it's already here. a live look at the santa cruz mountains, rain already coming down, and there's more of where that came from. >> we'll have more on the impact the loma fire might have on debris flows. first, our microclimate weather team is tracking the storm right now. let's check with kari hall. >> we'll see it moving into t

we have a unicorn reindeer that say. let's see what are we >> good morning, cleveland and all of northeast ohio it is the first day of december while to get used to that we can do seem to kind of seemed to be all over the place do what you

. ♪ ashlee: outside of silicon valley, sweden has the highest per capita number of unicorns, which ared over $1 billion. there is a tension that comes with all this new money and fame. like much of scandinavia, sweden operates under a cultural code jantelagen. it is a philosophy that demands people not think too highly of themselves. i was wondering if people recognize you out on the street? daniel: yes. i mean, they do. but because this is, like, sweden, no one comes up except it is 10:00 p.m. and they have had a beer or two. ashlee: cut to 2016, and this way of living finds itself in conflict with tech millionaires boozing it up at clubs and hyping their tight little apps. ek knows the situation as well as anyone. by the time you were 21, i mean, you were a millionaire, essentially, right? because you had sold a couple of businesses and done very well for yourself. daniel: yeah. ahlee: and then it sounds like you went through a period where, i don't know if showing off is the right word, but you were living -- going to clubs, driving fas daniel: i was showing off. ashlee: going to cl

we'll see the unicorns coming, really companies from all sectors. >> what is the impact of the unicorns to public on the other tech ipos looking to go public? does this suck the oxygen out of the room? make it more difficult for others to find funding? >> if these tech companies go out, this will set a solid foundation for other technology companies. you can see the door opening wide for other technology companies to go out. >> we have the markets almost every single day trading at a new record, let's say that continues into next year. does that ultimately bode well for the ipo market, or whoever is buying an ipo for a money-losing company like snap or ub ser is buying at the top? >> the challenge is sustaining that valuation. the equity markets are at all-time highs. investors will be discerning, they want that top line growth but also profitability. >> who will the investors be? so much money flowed into these companies, they have been ability to raise money over and over and over again. is it mom and pop who will get into the stocks? >> the big investor also still be in the stocks. p

we often use the word because it is banded around quite a bit, unicorn a company that's valued at $1 you guys are. is that a help ora hindrance? that's you guys are. is that a help or a hindrance? obviously, it is good for media. it gets media attention. it gets some media attention. it gets some media attention and quite frankly it is good for recruitment because if you're trying to recruit someone that doesn't necessarily know about your company, they google it and see there was significant valuation event throughout the company. but that's it. that's not what we care about. just briefly, you're portuguese. you lived in the uk, well in london for over 20 years and you employ many overseas, but in the uk alone 300 odd people. yes. you're wondering if you will be able to stay, aren't you, depending on how brexit goes? well, the worry is more long—term. so 50% of our workforce here in london is not british. not by design. it is because we found the best dofrles or the best fashion merchandisers orfrom the best dofrles or the best fashion merchandisers or from sweden or from the west o

. >> i got the unicorn. >> i got the unicorn! bam! i have way too many. >> you can never have enough. >> maybe i might have to agree with you. >> how great was this working with this cast? bryan cranston, megan mulally, keaton michael king, james franco. >> who played your younger brother. >> bryan cranston's is america's sweetheart. i fear talking about him for sounding like a psycho fan. james is amazing. i love him. his characters are madly in love with the movie. i wanted to plan a fake date to build some chemistry. i was like i'm going to plan something crazy. his schedule is so intense. i planned sky diving. >> that's a good date. >> i thought it was until the studio found out. they did not think so and the insurance company didn't think it was so great. >> let's see. two stars could die. >> i got my fake date planning privileges were revoked. >> you went for a taco. >> no. we went to the least life threatening thing possible. >> you just had a birthday. henry had one. you're both scorpios. you have -- your only tattoo. what is

they selling too we want to see these unicorns in the u k and elsewhere in europe not just get to theollar point but multibillion dollar point and stay independent for a wild so they can prove to themselves -- stay independent for a while so they can prove to themselves they are strong. once a company reaches some skill in europe, the question is do they have to be in the bay area or in new york to get a higher scale? europe simply doesn't have the number of companies and the scale and support they can produce a company of the nature of facebook. in 10 years ago, that could be different. the eu has to be bolder and push the companies to produce that. selling a company for $1.3 billion is still great. caroline: and more money back into the ecosystem. great to have you. conversation. is taking foursquare its recommendations to a whole new level. we'll sit down with the ceo next. this is bloomberg. ♪ , so many foursquare ups and downs over the past years and the company is finally finding its putting. our correspondent set down with the founder and the chief executive. marsbot was a litt

that asks for a criminal warrant with a detainer might as well ask to have it delivered by a blue unicorn because it doesn't exist. they know it does not exist. it is a way to give themselves some cover. what this debate is really about is who gets to decide when the immigration laws will be enforced. our constitution clearly gives authority over immigration matters to congress. and congress has laws that gives ice the tools they need and says -- they need to enforce the law and also says that sanctuary policies are illegal. so sanctuaries are substituting their judgment for the federal judgment, and that is the problem. that is what is unconstitutional. >> william, you will be able to answer her unless you want the first question. william: that is fine. i would be happy to take the first question. >> i will call them. and please identify who you are with. name and who you are with. >> thank you. i cover immigration. before i asked my question, i really need to clarify that, as immigration journalists in congress, we cover all sides. we don't refer to people who support sanctuary cities a

yousef: coming up, uber's rival valued at $1 billion, the latest desert unicorn.ll hear from the cofounder, next. i'm yousef gamal el-din. this is bloomberg. ♪ yousef: welcome back to the "best of bloomberg markets middle east." uber is facing competition around the world, including in the middle east. careem raised money from investors, including saudi telecom and a japanese company. they valued it at $1 billion. uber is facing competition we talk about the company's plans with its cofounder. mudassir sheikha: careem is focused on the middle east region, but we work all the way from pakistan to morocco. and we have about 20 countries and there are a lot of cities. currently in 11 countries, nine that still need to the cap -- tapped into. and we are in major cities, but there need to be more cities in those markets. yousef: when i look at how many countries you injured in 2016, put the meat on the bone, which countries are you targeting? mudassir sheikha: probably three or four countries in north africa that are still open. yousef: which ones? mudassir sheikha: al

. >>> a grun of teenagers on dry land after their flamingo dinosaurs and unicorn floats drifted into shark infested waters. they were trying to get better pictures when they drifted off the coast in australia. luckily a fisherman saw them and got them to shore. >>> luke bryan punches a heckler while performing at his concert in nashville. the man egging on bryan. it was a show for veterans. the singer appears to strike the man in the head with a microphone before he was escorted out. >>> guns and roses fans get outpost election aggressions. there was a pinata of mr. trump. horrible. >> terrible, terrible ziefrm a rare shark right now. >>> shark week comes early for a group of tourists off australia's sunshine coast apparently. >> great white shark in attack mode leaping out of the water. a rare occurrence captured by an american exchange student aboard a fishing boat. it was the fourth shark sighting that day alone. >> we had shark stories. >> cage with the sharks making their way and everything -- >> shark week, love it. >> thank you for joining us. have a great weekend. >> have a g

in life sometimes you need to find a unicorn. how cute is that? >> how much time did you spend?ittle upset. i never. >> these i love, you remember this? >> they look better here than when i did them. >> they call them the willie will i lilly. there was an ipad you had a magnet. >> how much did you love those. shrinky ding, tam was never a child because she was busy reading. we're going to play shrinking ding right now. >> like all things they clutter the house. here's mine. how cute is this let's see. that's cute. shrinky ding time, are you getting excited tam? okay, shrinky dings are going in, are you ready? >> i'm ready. >> it wasn't plugged in, the first rule of shrinky ding you plug in the toaster oven. we should not be in the kitchen. >> they are starting to curl up. >> it's done. look at that. look how cute they are. thank you 1980 for the great gifts that we got. a reminder how much we love being kids at the holiday season, introduce shrinky dings to your kids. happy holidays, merry christmas. p with us, 9:25, in sports this morning, the sixers head west and the game goes

yousef: coming up -- uber's mid east rival, the latest so-called "desert unicorn." year from its cofounder next. this is bloomberg. ♪ yousef: welcome back to "the best of bloomberg markets: middle east." raised three to $50 million from investors including saudi telecom cover and the coffee is valued at $1 billion. -- and company is valued at $1 billion. we talked about it with the cofounder mudassir sheikha. mudassir: there are about 20 countries and there are a lot of cities. we cover a lot of countries. there are at least nine that still need to be talked into. how manyhen i look at countries you entered in 2016, i .lways say you might be looking put some meat on the bones. mudassir: there are three or four and afternoon it might be open. yousef: which ones? jury a, tunisia. those running list. we just launched turkey a month ago, which hasn't been in the news. -- algeria, tunisia. we just launched for cities in egypt. cities in egypt. we are launching five cities and pakistan. that is a large part of what we are going after. angie: huge fundraiser expected. you