Oliver we are coming to you from the headquarters in new york. How todays nba stars are learning to score as tech investors. While donald trump is busy in the white house, his sons are running the Family Business like dad. Oliver that ahead, on Bloomberg Businessweek. Take a look at President Trump and some of the attacks he is taken against democracy and asking the question cannot bash can american democracy survive . Megan we have always had these attacks from the establishment and in the wake of charlottesville and the racial language used we are seeing explicit attacks and people saying, how parts this damage going to go in what is the experience of other countries. What we are taking a look at is, things may seem bad in the sense and him and things may seem bad in the sense of traditional establishment edifices are being ripped out. But if you look in the experience of other countries, the philippines, similar establishments, have thrived. Carol we see cycles in terms of leaders coming in and pushing back on the establishment. Megan people always reach for parallels with trump. When of the things i talk about is how the u. S. Is late on this populist wave in terms of getting an authoritarian style populace. In t himhethers , many ofes and hungary those are similar. Looking at how they map this and where the trajectory and how the citizenship responded is instructive. Lets switch gear to sports. The Golden State Warriors and members of that team becoming venture capitalists. Megan i love the story. It is classic. It is nice to cover a corner of the world where things that are surprising are happening and this merger between tech and sports. This talks about household names, steph curry. Leading this push into venture funding and talking about how athletes traditionally invested in car dealerships, restaurant sponsorship deals this is looking at how steph curry pinterest. Of what they are doing and how they are being advised. Looking at their longevity as investors and entrepreneurs as opposed to just athletes. It is fascinating. Here is more from ira. See these stories himabout different athletes investing in startups. I was wondering how do these deals work . I happened to meet one of the main characters, who works with Andre Iguodala, who has been his fixer. Andre has an interest in tech. How did it come to be this relationship . It is not one you would expect to just happen. Ira i mean, in this case onto iguodala was signed by the warriors in 2013 and was eager to go there. Him partly because he wanted that proximity. The team is owned by joe lake of and Silicon Valley big shots. Here been investing in tech stocks from the outside and wanted to figure out how to get in on the early stage. Priv himate companies. One of the first connections they made was rudy, his business partner, sent a letter to jeff gordon. He was curious, jeff jordan had a pickup basketball game. Yes to he was. Is him thi hims guy . He meets him and realized that himerigu himodala was s himous. Him a himhim him him he hi hi him he met him and realized that andre was serious. From there he started sending Portfolio Companies to meet with Andre Iguodala and rudy to see if there was a connection. A lot of them a did invest in. They have their own 25 companies they are in now. How unusual is it for athletes to get so involved were they are Screening Companies and onto printers versus going to venture capitalists and giving a chunk of money . There are a few models. Andre iguodala is on the far end. A lot of athletes will tell you, steph curry, they dont want this to be something that they are passive and. They want to understand. They cant do daytoday. They are basketball players. They bring them in on a lot of key decisions so they are taking part and learning. There are other models where, it is a fund to fund. An athlete will be a limited partner, gathering the money, bringing the big funds. That still allows for introductions to happen between founders and athlete so they can build relationships. It is no longer, let me get a star athlete. It is not. They have been working that out together because the hollywood model is representation. You have an agent, you attach your face and name to a brand that is a consumer brand. For a while i was told, agents were coming to the valley with that mindset. Give us money to represent your company. That is not how it works. Especially with an early stage company. They are raising money. They are not necessarily trying to make a Consumer Product and sell it. They are trying to come up with some innovation that changes the way we do everything it is. They are looking for investors. Sometimes it works out that a celebrity investor can help and draw attention but they are not looking to pay people money for their face. Putting businessweek together as a team game and creative director rob vargas led the team that put together this weeks nba cover. We managed to get them altogether and it was fairly easy because they were all at a bloomberg conference. We sent the photographer and steph curry spent two minutes. We got good shots and went through them and picked what we felt was the best one. Can you play around with celebrities . Theres a shot, take it . We did one move. Andre iguodala was standing close to the investor. Their faces were almost grazing so we had to separate them by a millimeter. That is the extent. In the story they talk about that, he doesnt do Business Venture without his partner looking over his shoulder. It represents their relationship. It is a group deal. We thought it made the cover stronger to have more people. I like the way it is arranged because the investors in the middle, it is businessweek. We are used to seeing the guys to the left and right but in this case, taking a backseat. He is a very stern, businesslike face. Up next, is really drugmakers are finding it tough to replace a legendary ceo. Pop musics sound of the future may be coming from korea with a big boost from youtube. Welcome back to Bloomberg Businessweek. Im carol massar. Oliver rennick. You can catch us online at Bloomberg Businessweek. Com. And the mobile app. Korea has always been an influential exporter, think cars and smart phones. You dont think of them as a next order of culture. Oliver that is changing now with the explosion of the 5 billion k pop industry. K pop is koreas rand of pop brand of pop music. You hope people will tune in to youtube that is the premier platform. It is not just music. You have to see the videos. You have to see the acts. Is like saying, youre going to see heavy metal bands and you only listened to the music. It is all wrapped up as one thing. It is like the performance. Carol it is kind of a whole event. I did go on line to youtube and watched a couple of videos and when you talk about u2, people are watching these. Millions of people are watching. Some of the biggest artists have more views than than the top western pop stars like lady gaga or beyonce. Carol i also came across gangnam style, i remember a couple years ago. You remember that. I do remember that it did that started were brought our attention to it. That was when it went global. The genre has been around since the mid1990s but then that video, it was the first video on youtube to get over one billion views. It was a korean but it had these choruses that went back and forth in english and korean and a distinctive dance that everyone learned. The guy who sang the song, earned himself a spot on Ellen Degeneres and then, people started to think, what is this . In china, they had already began to tune in to cape up two k pop. In china they have canto pop but korean pop has emerged as the dominant one. It is taken off. It is been around for a while. You have Music Streaming Services that are dedicated to it. Billboardright, and columnistas a dedicated to it. Momentumere is the coming from . Is it driven by musicians or is there a corporate entity driving it . There is one corporate entity that stands out, a company which is, it is bigger than mtv. It is an Entertainment Company that represents some of the biggest acts like big bang. It has two dozen tv channels, one which is the mtv of asia. It puts on asia possible biggest award show every year and it started doing this kcon convention around the world in places like abu dhabi and paris. This year new york and l. A. For the second time, and l. A. There are others. Everyone is riding the coattails of this. Samsung features these musicians in their ads. Chanel picked the front man of this band, big bang, to advertise a new handbag. Amazon and at t are sponsors of kcon. Oliver in the features section, teva is the Worlds Largest manufacturer of generic drugs. On the recent struggles. Teva, you probably have some products of theirs in your medicine cabinet but you dont know it because they are generic. Youl they went through, as different or five ceos. What is the problem at the company . One of the things that the ceo did was he wanted to make sure the company remained is remained israeli. The Board Members lived in israel. They were baked into the companys bylaws when he was there. It has become so big. He stepped down in 2002. You need the someone who has the experience of running a Global Pharmaceutical Company to go in there and run it. The worlds biggest generic drug manufacturer is not a small operation. Finding someone like that is tough. What instead they have done is theyve brought in people who did not have any experience in the industry and hoped they be able to learned on the job and that has not worked. The last guy, the last ceo, they have been without a ceo for six months now, the last guy who resigned in february had worked for a food exporter. They exported hummus and coffee. Not the drug business . They are trying to find someone now but that person would still have to move to israel under the laws. The company says, we dont think that will be a problem. I think it is, along with the fact that the company has so many problems now that is a tall order. Investors have bailed on this company . In a big way. That deal was announced in july. 2015. The stock is down three quarters, it peaked at Something Like . 72 a share. It is now down in the teens. Carol 72. 72, im sorry. Debt. Ey have all this assets toto sell off pay down debt. Spookedhe things that to a selloffled earlier this month was the said, we Company Think we will be able to sell off 2 billion in assets but we dont think that will trip our debt. Why are you even bringing up the investor said, why are you bringing that up . They are not bringing in someone new. That is a problem. Things dont seem to be improving, they seem to be getting worse. Carol up next, can data monitoring help the Opioid Crisis. Oliver mike pence is calm in a wild west wing. Oliver welcome back to Bloomberg Businessweek. Im oliver rennick. Massar. Nd im carol you can also listen to us on radio on sirius xm radio. Oliver and on these stations in london, and in asia. In the Technology Section as the u. S. Opioid crisis deepens there is no federal Prescription DrugMonitoring Program to analyze patient behavior. Carol a database developer that has acquired access to records in 40 states. Green. Reporter jeff company that was off the radar. Looked it up and they are in in 40 states now. I asked states, how are they dealing with tracking prescriptions . They mentioned the same company. I looked it up and they are in 40 states now. Handling the coordination of prescription information. If you go to the doctor, and you are going to get prescribed oxycontin, your doctor is going to look that up and make sure you have not already had seven or 10 prescriptions before this. If you will look it up, chances are, you will be looking at up on one of their systems. They are off the radar. It is private out of louisville, kentucky that has been building slowly over the years with this expertise in health and safety data. Carol anyone who goes in can get a prescription in these 40 states, that data will be put into this database . Jeff anyone who goes into a doctor and gets a prescription for an opioid in 49 states and two territories is having that information entered into a database. Whether anyone is looking at it is still a question. But if you go in and have a class 15 drug regulated by the government and prescribed by doctors, that goes into a database. A lot of people are not aware of that. If you get oxycontin in most states except missouri you will be in a database somewhere as having been prescribed that each time. Carol a doctor looks it up and the patient, while this patient has had a lot of prescriptions written. What would that do . Jeff maybe not prescribe it or have a discussion with the patient and try to figure it out. In many cases, half the times, the doctor is not even looking because they find the system too complicated. That is what this companys specialty is. Simplify what it takes to look up the drug history of a patient. Carol it is interesting. You talk about in your story, jeff, the Opioid Crisis which has been in the headlines for a couple years now, there are many deaths and incredible costs to the economy and people are looking at in trying to figure out the government, included President Trump, how to figure out and end . This company could help. Jeff as you have more data interconnected, it becomes easier. The first thing they did is connect the states to each other so if you are in one state you can make sure the person hasnt been slipping over the border into another state. To get their prescriptions. The more sophisticated versions of the software are adding ability to look at a person get a score. Rather than eyeball it and say, this person looks ok or this person doesnt, it gives you a score. If you get a 999, you will probably want to check the patient out. If you get a zero you probably want to have a conversation. If this person has never been on an opioid before maybe you should ask a few questions to make sure they know what they are getting themselves into. They are way more addictive than people initially thought. Carol turning now to politics, mike pence radiates calm professionalism. Oliver that is why many say he was put on the ticket to begin with. But he might be more than a political prop. Phillips. Tor matt matt he has been to a dozen countries overseas. Speaking professionally, acting the part, reassuring our allies who are nervous about some of the things trump is it saying on trade and north korea. He is taken a big role in Afghanistan Military strategy reevaluation that we saw the other night. He is a crucial conduit to congress for the white house. His staff has relationships and so does he with republicans in congress that no one else in the west wing has. That will be very important as we get into september and start having to talk about budget showdown and debt ceiling. Carol lets break down some of those parts in those areas where mike pence is actively doing work for the president. Lets talk about the news we got from the president this week about military strategy in afghanistan. You mentioned my pants was you mentioned mike pence was active in playing that out. How active . Where was mike pence in that pecking order . Matt he was right in the middle of it. What the reporting indicated was that he was playing an intermediary role and making sure that all the options that were being presented by the generals were cleanly presented to the president. We werent necessarily in the room on some of the room on some of these situations but he played a vital role in the two hour meeting at camp david. Before the monday announcement of the strategy that trump unveiled. It seems like his role in afghanistan was to be a liaison to the generals, to collect information, to parse it, and to presented to the president and to be almost someone who could mediate backandforth between a volatile president who has no problem saying what he thinks is a bad idea when he thinks it is a bad idea and the generals who are very vested in this. We have been in this war for 15 years. These are options we have seen before. It was pences job to relate this to the president. Carol you mentioned mike pence does not have a problem mentioning that this might be a bad idea, expressing his views. Is that true in the case of President Trump . Matt that is a great question. Especially after the rally in phoenix which mike pence was present for and he stood up and gave a very polite, benign kind of introduction. It gave us the impression that this would be a different speech than what we ended up getting from the president. We have some reporting, he was aires, mike pence was, donald trump gave is his press conference. Reporting indicates that day, he was giving policy speeches and meeting with the argentine president and Business Leaders and acting and looking very president ial and afterwards he watched the president give this unhinged combative press conference. He took it in stride and moved on. That is his style. He is pretty unemotional. He is a professional politician and all the ways donald trump is not. He is very able to take whatever moral or ethical or personal quibbles he has with what the president says and think about the politics of it. Think about how he will answer questions when he is asked about it and move on. Carol Costco Stores are thriving but online it is a laggard. Why the warehouse giant needs to up its commerce game. This is Bloomberg Businessweek. Oliver welcome back to Bloomberg Businessweek. Carol still ahead, why wall street fell in love with tax cuts. Nextr and why the generation of trumps is taking business. Amily and the holiest of holy grail watches going up for auction. Oliver still ahead on Bloomberg Businessweek. Carol there are so ma