yancey: my expectation is that it will be very powerful for recruiting.s is a frame we have given every employee that we have brought in, what we think about the long-term prospects of the business, but i strongly believe it is going to attract a certain type of person to us, so we are regularly bringing in high-quality talent, and we pay market salaries, and we have a great team of just over 100 at new york city, so i think this is just going to be a coma for the type of candidates we are trying to attract. emily: do you think there is anything more that other technology company who maybe do not go for the pbc thing, but what about giving back to the public? yancey: i think ensuring consistency in your operations is very important. you do not want to be professing one value in one channel and doing something different elsewhere. for people starting, young entrepreneurs, i would encourage them to become a benefit corporation from the start. that way, you're able to thetify the values from beginning, and you do not have a shareholder vote, and it does not

yancey: no, i don't think it's wrong.hink from an entrepreneurial perspective you just have to be aware of what you are in it. for us, it is sustained long-term growth. we want to be a service that is around and we have often thought about operating as if we are a public trust. we have been a revenue model and we have operated in the black for the past five years. and we have shareholder investors that deeply believe in the things that we do. when you have that alignment at the management and investor level, you can make a choice like this. you can make a decision that certainly costs the company potential profits, but we believe it is in the long-term better interest. for an entrepreneur, it is important that you have that kind of alignment between the company and shareholders. we always wanted to do it quite differently, so we have been fortunate to have great investors who are aligned around the same sort of approach. emily: i'm curious, how did they take this decision? how much convincing did it take to get them to th

yancey: my expectation is that it will be very powerful for recruiting.t we've given to every person that was brought in we hired them, to be clear about the values and a long-term prospects of the business. i strongly believe this will attract a certain sort of person to us. we are regularly bringing high-quality talent and with a market salaries and we have a team of just over 100 here in new york city. do you think there is anything more that other technology company who maybe do thing, whathe pvc do you think others can do to give back to the public? yancey: i think ensuring consistency in your operations is very important. you do not want to have one thing going on one channel and something quite different elsewhere. for those considering starting as entrepreneurs, i would encourage them to become a corporation from the start. it doesn't restrict you in any real way. you are still a for-profit company. to do that 10idea years ago, we would have. emily: thank you for joining us. in today's edition of drives, apple taking on tesla. the iphone maker rep

. >> elizabeth warren did this for political expeed yancey.ck market had a good rally, triple digits. some of it was retail sales, some of it was bond market and a lot of it was the fed decision that comes out on thursday. we'll handicap it all, and i've got a stock pick for you. we'll be right back ♪ every insurance policy has a number. but not every insurance company understands the life behind it. for those who've served and the families who've supported them, we offer our best service in return. ♪ usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. ♪ charles: you know, it's quiet but it was a huge day for the stock market and of course every time we're up, everyone's asking what does it mean? well, i think the buyers now are really starting to rotate out of bonds and putting a lot of that cash into stocks and for me, as far as the question about the federal reserve and what this means with respect to that. if they hike this week, if they hike this year, i don't know. and to be

philip yancey talks about a woman who was a prostitute who couldn't make any more money who put her daughter in the street and realize what she was doing and she said to someone, i need help. and they said will you want to go to church and she said church that's the last place i could ever go. well as they point out life is about grace, it's about a spiritual mall again and at the heart of this game, that's where conscious comes from. that's where you and i learned to respect one another. that's where we get a sense of where conscious is a business, politics, sports, and, sports, and the pop culture. it's the thing that gives us our gps system about what's right, is the thing that when we look at it and study the great lessons out of the old testament and the new testament, it's the thing that allows us to listen to that little voice inside herself that tells us what to do. that's on trying to say. i'm not going to get it right all the time but i'm going to do the best i can't because this is what i need to do for my kids in my country. >> were getting to the end of our time, i want to give

on the other hand, if you want to put on mayor you can look yancey in tire government spending on linedate got reducted of cash payments and getting rid of a ghost employees 10 years ago. the fact is that you do the best you can with the country that you have. do we give half a billion dollars for a rich country stealing for itself for not? butted nigeria's that decision is really giving money to a hopeless situation as much as to the bike to help that government has the ability but in that got has the ability but in the case of other areas the government says i need the help said new make the standards but the ngo are not being held up but to deliver services knowing that there is a lot siphoned off but in many countries that the data act it can help you see the performance of the ngo. a can follow some of the of money in the banking system. we can do a lot to inform the department of state. item number we can make that decision led to redo in afghanistan? because every one of those countries is a different challenge and a good data is only as good as the first dollar spent. but the v