Personally approved by the sony ceo. Other emails are giving us a glimpse of politics. Wrote toscott rudin sony pictures, you have to store your relationship with half of the town of how you behaved over the movie and if you dont think its true, wait and see. And even railed against Angelina Jolie calling her a minimally talented spoiled brat and later apologized. A consultant and veteran executive and i started by asking joe if it is the way holiday does business hollywood does business. The main thing i would say is scott rudin who is wellknown have strong opinions and uses colorful languages and speak in hyperbole is about as newsworthy as it is cold and rainy in new york today the way that people speak this way in and acted this way is wellknown. I dont know if youre familiar with with an industry call him which was run by nikki finke, a notorious gossip columnists. This the kind of slaughter that would get her column all of the time. It will not have major impact on the world at large . Probably not. Will it provide insight people with inside inside information that can be used as leverage . Yeah, maybe. As far as the public, im not sure what the revelation is other than hollywood is a very complicated business. I think i am glad i do not work in hollywood. I speak with the writer of the steve jobs a movie and he told me how excited he is about the film at one the best things he ever written. Take a listen. Feltis is the first time i at the end of the script like i wrote exactly what i wanted to write. I got to the hand and managed to get from my head to the piece of paper. We know if that has been a lot issues surrounding the lead character, leonardo dicaprio, christian ale dropped out. We do not know who will definitely play steve jobs. Is this a movie ever going to get made . Like all a big movies, sometimes you have a long way. That hollywood wants to make and it will be at matter of finding it movie with tom hanks, took 12 years to get made. And other moves equally as long. It is about finding the right combination. It will be a very important movie. They will find the actual writer, director and stars that will make sense. Is not unusual that a movie that is not a big popcorn movie based on a comic book or themepark ride is having a tough time getting made. Todays hollywood is all about worldwide, preexisting movie ideas that cant be all over the world and make aliens of dollars made billions of dollars like batman. Aaron sorkin is a counted writer. Eventually, somebody will figure out how to get the money made a movie made. I have worked with executives and producers and i am in the middle of stuff and theyre always called petey issues is it is creatively strong . I am sure aaron did a great job. Who is the audience for this movie . Is it big enough to justify the expense it will take to make the movie . How do you market and sell it all over the world . Those are all kind of factors. Financing is tight and having second thoughts about it the necessarily reflect negatively. Make the bestg to decision that works for them financially and creatively. They made a movie called social network and they had partners. Those were challenging movies. On the not fault sony jobs movie. What about the interview was mark we are seeing the ceo of sony, very involved in the desk to do the same off kim jong indeed death scene of kim jongun. We have nothas said dictated what it has to be. Seth rogen follows up and said do you think it will help . Is it a enough . This the movie, the potential reason why all of this information is out there. Somebody is very upset. How unusual is it for the Parent Company to get involved in specifics of a scene . Most times, the Corporate Company higher people there are competent in and let the executive team make the decisions on the creative options for the film. In this case, is a highly sensitive, highly politicized movie even though its a company comedy. We are dealing with a country that had the issues around the world. It is a unique situation. A situation that has bigger impact than just a creative movie choice. As we see, maybe the reason why the hack started. I do not think it is something corporate does all of the same. They have north korea has denied responsibility for the hack attack even though they praised it. Attack,le behind the they wanted the movie not to be released or is it any chance that sony would pull the sale . I cant answer. There is a distinction that have to be made about with behind the leak. If it was perpetrated by north korea, what can you say . Unfortunately, it is not surprising that would do Something Like this. I think what is more troubling is the leak is by an american citizen and for some reason is trying to get this movie or sony. Against thees fundamental basis of our country which everybodys right to privacy. Making 20ebody is or 20 million, it is not that big of a deal for the public to know. Joe and katherine. Uber, the problems keep coming. We address the safety challenge is coming up. This is best of west. I am emily chang. Services inpended new delhi after a driver is with raping a passenger. The ceo called the incident an outpouring crime. I spoke with our contributing editor, Paul Kedrosky and saw you, a National Organization for women chapter. Rate is a problem everywhere, globally. Rape is a problem everywhere, globally. We are talking about uber. Will they put finding drivers in safety . Passenger as they scale up, will they do arise or be like so many other companies that upload. You can open a cupcake shop in open to many and go out of business. We are talking about real and the safety of people. Everybody should be aware. All consumers have to think about it. We open the door and get into any car, dont have a false sense of security. We have to hold them accountable. Uber, what kind of background checks are they doing . It can be what you decide it is going to be. If they decide to spend 10, it is not much one. Yellow cab services are regulated and they use a Service Called life skin, which is a bot Background Service that goes to the fbi. And it Updates Companies as they if companies are committed. Is facing criticism they do not do a good enough background. Was ablee saying uber to give the authorities his name and his identity and where he was live at maybe safer than riding in a traditional taxi. An impossible situation. An outpouring crime. Looking at statistics is in 2012y from a study from the London Metropolitan police showing in london, 22 cabally assaulted crimes by regulatedf the most cities. It is a widespread problem and the volume is horrific career ubers hardly alone. In india, it is essentially impossible because you can buy the reports you need. Doing it in the scale that uber needs. Maybe they cannot grow as fast in india because you cannot use background checks. It makes me wonder if these issues are so different because of the service involved people and a physical being in ways that google doesnt or facebook doesnt. When we have businesses like google and facebook growing, whether google being shut out of china or yahoo deciding to do business in china despises her censorship,pite this a physical person. A different kind of service. The globalization of these Technology Companies are andg to require u. S. Values standards and being impose on countries that are not comfortable having them. I think that is entirely likely. A suggestion i saw where someone aroundgesting dont way perspective background checks for the services in india would be to go out and find friends and family and interview because you cannot trust the official. The way wentical to think all background checks, nobody is interviewing friends and family. The suggestion that maybe what is necessary in other markets. And it sounds almost condescending with respects to introduce a service. A business problem here. And could make more money spread more widely if they are to adopt local standards. On the other hand, that could adopt the highest in the world of background checks, making safe for the customers in ways we would expect in the first world and spread of this global level of safety but her to their business prospects. Isnt that the turnoff . A competitor would come in and say we use the method for checking backgrounds . Sure they could. After the end of the day, they have to answer to their customers. It will be customers that is holding uber and other Companies Accountable for the type of safety that they put into the service. ,ou cannot get away with it saying we are just a platform when you are dealing with peoples lives. Of things toa lot think about. Our next us are very important. Will they be able to compete with yellow cab or will they implode . This is a situation that could drive down customers by a big margin because women are going to think about this. A lot of times we do not think about this. At the end of the day, you are opening the door a getting into a car by a stranger. People in about real the rural world they live different date using facebook or google from your computer. And it is different from using face look article from your computer. It is a different kind of problem that Companies Like facebook or google. We had a driver charged in the yes of a sixyearold girl. Charge in the death of a sixyearold girl. Uber has become a lightning rod for many peoples dissatisfaction for these Services Permit as a result, almost any issue that comes up that may not be widely publicized may a giant story when it involves uber because they have a halo. Ongoing problem of Sexual Assault with yellow cab. I dont see Stores Popping up about the 2000 Sexual Assaults. It is a species of double standard but uber brings that on themselves. Johnson and our contributing editor, paul contrasty Paul Kedrosky and sonia, with the National Organization of women. Early investors think . Welcome back to best of west. Bill hurley developed uber before they raised their first round of funding. One of a handful of outside investors. I spoke to them on my show and asked him which tech ceo along a vector, hes most like bezos. The business is much more like amazon. Bezos. Him to the like the thing please understood about travis is he is an insanely good recruiter. Jeff was always going to walmart and get their cio and getting the best people he possibly can. That is what travis has done. Chris hurley has not come medicines allegations of uber targeting journalists. I asked him about the four horsemen. Who does he think is the most dominant . Take a listen. I would say amazons position with prime is pretty remarkable. I would put them in the same camp area will with the profitability and search ,usiness and in same footprint i would put them in the safe cap. I think they are working through a challenge. That lost the trust of their user. You of whosomeone do is seeing your Facebook Content . 90 of the people would say no. It creates anxiety. A lack of trust limits what you can do next. And apple . Apples only problem is android and google and googles willingness to be aggressive. Outlook shouldve paid anything apple shouldve paid anything, flat out. Pay 2are going to million for a mavs company, nobrainer to the shouldve found a way to buy nest. Company, nobrainer. They shouldve found a way to buy nest. Should they have ball to twitter . I dont know if they would know what to do with it. Twitter is one of your companies . And yes. They have the most important people in almost any field in the world. Remarkably committed to their own persona within the system a venture capitalist called it a horribly mismanaged company and probably a lot of pot smoking going on. How do ubers aunt . How do yout respond to that . I think he is on a book tour. Taking it publicly and gross revenues to 1 billion, i think you lose all credibility your self. You recently sounded the fundraising saying Silicon Valley is taking on an excessive amount of risk. Unprecedented since 1999. It is an abundant amount of capital at the late market. Pushed into startups. The problem is its much easier to run a Company Loses losing money that one thats profitable. We have a lot of companies that raise money at high valuations that everyone says, these companies are going to make it. The breakout winners. Im not so sure because they have not passed the test approval to the Business Model how the last. Which companies are you not sure about . A lot of the ecommerce is dangerous. Gives up. Lly no one says our numbers arent working and we should taken off. They keep hoping it will get better. What you most worried about . Bad actors in that ecosystem. Maybe not have longterm economic models that are out rents thatrting the people pay and the cost for employees. The markets they may be in against the competitor where they may try to spend. You catch more of my interview with bill gurley on thursday. David take aould coo role again. He tells us why again. Youre watching the best of bloomberg west. Im emily chang. This is when the Fastest Growing startups in Silicon Valley. , theew ceo is david sacks founder of yammer. Askede with david sachsen why zenefits . Toi just got introduced parker. He was raving about the company. And he got me more excited about what he was doing. Andvision for the company is unlikeon around it any company ive seen in the last 15 years. I know youve been thinking about this, what will your next move be . Now you are going back to your startup roots. Why . Addict, and hypergrowth is the drug. The times of my career that were the most fun were when i was dealing with fastgrowing Companies Like paypal and it yammer. Was going off and becoming a vc, i liked startups better. It was more fun. Has done in one year what it took yammer three years to do. This is been an extraordinary and unique company. The highlight of my day was a ks beingof david sachs compared to lebron james. Really . Why the comparison . There are so few people out there who have seen what its like to scale a company that is growing as quickly as weve been growing, who run businesses and built them in 2 billion companies. The first person out there who saw that Enterprise Software could be approached with a Consumer Software finish. Higher andn a unique someone uniquely talented. Thateded great people like in the company for us to take on the challenges that we are taking on. Somebody compared you to jayz and jt. I have no athletic ability whatsoever. I have no musical ability. What are you going to do . What is number one your list . Dowhatever parker once me to. The company is growing so fast there is more than enough to keep us busy. David as a partner in the business and someone who is going to go wherever the fire is hottest. Initially, he will take on our Operations Organization and product and finance. Over time, that will change. Is david here to take this Company Public for you . We havent even thought about it. Oh, come on. Nothing seriously. There are no plans. Weve had one conversation about that. Zenefits isy that yamme a rocket ship. There really isnt a comparison. There are smaller competitors. Whered you see your niche in the market . We take all of these systems related to hr, there are 20 of them that a lot of companies have. There is payroll and insurance, we connect them and give the employer and employees the single place to do everything. That saves them a ton of administrative work so they can focus on people rather than the paperwork. An integrated approach. Nobody is taking this allinone approach for Small Businesses the low thousand employees in the united states. Thereot of people out have sounded the alarm about startups saying valuations are too high and companies are operating at burn rates that are too high and they could vaporize disappear. You just raised money. Given your long history in Silicon Valley, how are you valuations and becoming one of those companies . I think it depends on the company. In this case, the company has real revenue. I have never seen anything like it. New coo ofcks is the zenefits. The best places to work in technology, we will tell you which ones are on the list and which ones fell off it next. Welcome back to the best of bloomberg west. I am emily chang. Its list is out with of best companies to work for. Gogol s winner is google. They are known for their perks. Other companies include fast book facebook, apple, and linkedin. Wasceably off the list twitter. I asked him why twitter fell off the list. Twitter was the top ranked tech company last year. They are still a great place to work very and they are well above average in terms of their ratings. They did not make the top 50. They were ranked really high in the year that they went public. Thats common. There is a big halo in the Employee Base. The year after, its not fall off. O see some twitter has had more than most. They have a new ceo and new vps. To new things. Satisfaction has fallen. Twitter is going through adolescence. Dick costolo is a greatly to her. We will see them back next year. A beenmention people who turned over. I speak to a lot of twitter employees who seem happy. How did you put the list together . How many people did you survey . Tens of millions of people visit glassdoor. We collect reviews and ratings from employees who work at these companies. They tell us how much confidence they have in their senior leadership. They also write in words what its like at these companies. This list are based mostly on the quantitative analysis of it. We exercise no discretion. Its really the peoples Choice Awards for companies. Googles other top. Why . Building agile hr. They are serving the Employee Base very free in trying to respond rapidly to things that they need. What is standing out this year is as the workforce has aged, people more support for a work life balance, as ashley families. They have stepped up