I talked to a partner and kleiners defense attorney in this case. This is her first interview since the verdict. Lynn great to be done. Its great to be back in my office. Great for kleiner to have prevailed on everything. Cory did you have a sense during the trial of how much it was being followed . The jurors were stunned when they walked out and saw all the cameras there. Lynn it was overwhelming. Just a tidal wave of reporters. Occasionally people would post tweets on my Facebook Page or email me. I followed a few people but i didnt have a sense of the whole scope of it until the end. Cory what made this case unusual . Its got an unusual amount of coverage. An unusual amount of it was supposedly having an unusual impact on Silicon Valley. Lynn its not going to happen. Cases dont change industries. Thats not what theyre about and not what they do. But this case was the right issue at the right time. Wrong case, wrong forum. Very hot issue obviously in Silicon Valley and people feel passionately about it. But the Media Coverage made everything different. Cory how so . Lynn you could feel it. You could hear comments in the audience, the jurors were distracteded by the clacking of the keyboords. You come out and have cameras in your faces. It was a very different experience for a trial lawyer. Cory did that help you . Lynn it didnt help. Its a distraction you have to look beyond, keep your eyes on the prize. And thats what we did. Youre always worried what is the press reporting, if the jurors are reading it. But this jury seemed to be very careful about following the judges admonitions. Cory one of the things ive read and heard about you is that youre very aware of what the jury is doing at all moments in the courtroom. And when youre walking out or when the jury is walking out. Lynn you have to watch the jury. You have to see if theyre having a bad reaction to you. Thats important. But i wouldnt say staring at them all the time. Its just important for a trial lawyer to try and read how youre coming across and how theyre reacting to you. Cory do you believe theres a culture of sexual discrimination in Silicon Valley in Venture Capital . Lynn i dont see it. Certainly not in the clients i work with. Im not sure they would hire me if there were. I suppose you could be really cynical and say thats why they hired me. But i dont see it. I hear it all the time about big law and im a senior woman partner in a big law firm. And i dont see it there either. So part of my job is to find out when its not there. Maybe that prejudices me in a way. Cory but it sounds like youre saying its not there. Lynn i dont think its there. Cory the narrative has been the opposite. Lynn definitely. The numbers are bad. That has to change. And when numbers increase, cultures change. Cory so they say venture women capitalists of women were down. Ive talked to lawyers who say why isnt it 50 50 . Lynn because there werent women in the pipeline. And as the professor, who is an expert in the trial testified, venture firms have been shrinking in the past few years. So thats going to hinder hiring. What kleiner did made it number one in the nation. But there arent women entrepreneurs. There arent women in science and tech. And unless the culture fixes that, unless we put women in math and science in ways that were not doing now, the numbers are not going to change. Cory so ellen pao lost her case, but did she ultimately win by bringing these issues to light . Sarah the things the jury were asked to rule on were incredibly narrow, specific dates that were boxed in. And so what we heard during the trial was sort of a referendum on paos years. But what the jury was deciding on were snippets of that, and does it meet very particular legal standards. And i think weve seen other cases where Public Opinion can differ from what the jury decides. Theres been a lot of that particularly most recently around ferguson and the i cant breathe in new york. So thats definitely something that does happen. And i do think that you can still look at something as a learning experience and take something to gain insight from even if they dont win the case. Cory can i acknowledge that theres racism and that horrible things happened in missouri but they didnt happen here . Sarah of course. I was just using that as an example in terms of where Public Opinion goes one way and the Court Decision goes another. Cory when you look at this case, is this case were going to remember this as an important case . I was surprised to see it in the cover of the new york times. Joan i was not. I think it was a very important case. For example, i certaintly dont think that Going Forward youre going to have a honey pot like Kleiner Perkins not able to find its eeo policy. Cory do you think . Joan i think. Yeah. And not have a situation where a woman isnt invited on an important networking event like that ski trip or the dinner. There were a lot of factual disputes here. Also, Kleiner Perkins got lucky in that in some ways ellen pao was not as sympathetic a plaintiff. But if she had been a different kind of plaintiff, if this had been a different kind of a job for example, a job where there were more clearcut requirements, this could have gone very differently. And remember that the court ruled that Kleiner Perkins was potentially on the hook for over 140 million of punitive damages. Now, they dodged the bullet. But Going Forward, i think practice is going to be very very different both in Venture Capital and in tech more generally. Cory so weve all read a lot about the case. We know the case a little bit. The people who knew it maybe the best, the jurors, were kind enough to speak to us right after the verdict was announced. Check this out. Juror when you see comparable or similar feedback, meaning areas that they need to improve, yet one gets promoted and moves to the fast track and the other is held back in a particular role, then to me it served the it validated the claim of being discriminated against on the basis of gender. Juror based on testimony we heard, it probably had more to do with personability and her ability to get along with people. Her personality. And a lot of people can be very analytically driven, which it sounds thats what she was. Thats what made her great in the chief of staff role. But we felt in the long run that probably that wasnt what her role was going to be, just based on the reviews and the emails that we saw. Cory so there was the two sides of the case. And the latter side is what carried the day there. But when you look at this, do you think that this is just the right issue, the wrong case . Sarah yeah. I think that its pretty hard to listen to some of those stories, and as well as some of the other stories that came out over the past couple of years and women in tech, and not think thats somethings not amiss. So i do think this is an issue thats not going away. Its something that almost every woman who works in Venture Capital has experience of. It is pretty toe curling talking about billiondollar funds. Cory is it worse in finance or business . Not that finance isnt business but its its own peculiar thing. Sarah i think that one of the things about finances alternative assets is, deals can take years to come to fruition. And even after they come to fruition, who knows if theyre successful or not . So during that time, you are based on your reputation and who you know and the perception of success, rather than in business, where you have Quarterly Earnings that tell you whether or not you are doing a good job. So i think women can do better in an analytical environment where they can prove that theyre good, as opposed to needing to bro out on a strip club bus or whatever it may be. Cory when we look at this case do you think that there will be another case like this . Weve heard about class action suits on these same issues. This could have a much wider reaching effect. Joan i mean, during the trial there were two more lawsuits filed against Tech Companies. That may be a coincidence. I suspect its not. What we saw in this trial is that although there was a lot of evidence that cut in favor of Kleiner Perkins, there was also very, very clear evidence of gender stereotyping of the kind that is often encountered by asianamerican women. For example, in a recent study one of the findings that we had is that Asian American women are often faulted for being too passive. A word that literally came up in the Kleiner Perkins trial. And that Asian American women walk a very, very narrow tightrope between being seen as too feminine to be competent too passive too quiet, she was called. But also too masculine to be likeable. She was called both passive and demanding. That is a pretty narrow tightrope. And this is really a gender bias training to the world. So i think it has changed the conversation in a permanent way. Cory well be right back. Cory this is the best of bloomberg west. Indianas new socalled religious freedom law has become a huge issue in the technology and business industry. After the law, Tech Companies spoke out in protest. More than a dozen tech leaders signing a letter. Salesforce is limiting employee travel to the state, as are some city and state governments. Cloudera pulled out of a big data conference. I spoke with mike olson just hours after indiana governor mike pence vowed to fix the law. Mike i think its encouraging but we would like to see exactly what the legislature and the administration intend. Cory what is it about this law that offended you guys so much that you very quickly moved to speak out against it . Mike several things. First of all, equality is a constitutional right. Very simple, very direct. On that basis, this law was a problem. Not just on that basis though. We believe that equal rights for all citizens, including lgbt citizens, are fundamental. That it is good for business. And that it is the morally right thing for us to stand up for that class of citizens, as for others. There were lots of problems with the indiana law. Were happy to see the governor begin to address some of them and were looking forward to seeing more. Cory i was really struck, i think all of us have been struck by how the Tech Community in particular have jumped out in front of this. Marc benioff making a lot of loud noises, as marc benioff is wont to do. But your company, yelp, apple, really getting out there. Angies list is an indiana based Company Really quickly speaking out about this. Why do you think Tech Companies have taken the lead here . Mike i think mark did a Great Service in focusing attention on this law. This is different from the laws in many other states. Thats not to say those laws dont have problems, but this one is especially egregious. By focusing attention and by giving the Tech Community, which swings a lot of revenue, which has a lot of influence among businesses in indiana, he gave us the chance to affect the course of this law. And, i hope, to lead to its revision or repeal. Cory mark, it certainly did that. Also, tim cook, at the Biggest Company in the world, and the biggest tech company, talked about all the other states that have similar laws. Have you gone through and thought about what this means to the other states . Have you put yourself in position where youre going to have to speak out or decide whether those laws are acceptable to do business in those other states that have similar laws . Mike its a good question but its not just a cloudera question. I think one of the services that mark and tim and the Tech Community provided here was to focus attention on all of those other laws. Now, there are some substantial differences and we havent read all of the statutes in detail. But i think now that there is a National Conversation underway about what is permissible, what is written into legislation, and what that ought to mean for businesses like ours. I think its a very helpful development and i look forward to continuing that conversation and to finding more ways that cloudera can be supportive of rights of all people. Cory i want to play a sound bite from mike pence as well because he talked for quite a bit and had some interesting things to say. Check this out. Governor pence i dont believe for a minute that it was the intention of the General Assembly to create a license to discriminate or a right to deny services to gays lesbians or anyone else in this state. And it certainly wasnt my intent. Cory do you believe that, that it wasnt his intent . Mike look, im not going to call into question what the governor intended. What i will do is highlight what the governor and the legislation did. And that is, they wrote a law that legalized discrimination against classes that ought to be protected, that certainly are in federal law and in other states. The state of indiana lacked those protections. If this outcry leads the state to write reasonable protections into its code, then i think weve accomplished something pretty great. And we look forward to seeing what the governor does in that regard. Cory before we congratulate ourselves for just the Tech Community, even in indiana we saw a huge protest. The indiana star, indianapolis star, the newspaper there in indiana, not known as a bastion of liberalism, a really powerful full cover saying, fix this now. Religious freedom restoration act, taken a really powerful stance on this. I wonder what this means though, if editorials can do what editorials do. But i wonder if the voice of business and the almighty dollar speaks louder when businesses such as yours, mike, decide to pull business away from that state. Mike look, a couple things. First of all, i believe that most people in indiana believe in equality and want civil rights to be enforced for everyone. I believe that to be true. When we pulled out of the indy big data conference, we werent directly harming the governor or the legislature. We were, frankly, taking an economic toll on a bunch of Business Leaders who may not share the views and opinions of the legislature of the administration. We harmed ourselves. We had an opportunity to go and engage with a bunch of prospective customers and others, and that was costly for us. We believed that it was the right thing to do. By encouraging moderate voices in indiana to speak up in support of civil rights, i think weve had some effect as a Broad Community in driving the dialogue there in the right direction. Again, i am really pleased to hear some encouraging words out of the governor this morning and i really look forward to those words turning into action that makes a difference. Cory mike olson, clouderas chief strategy officer. Well be right back. Cory this is the best of bloomberg west. So, what if target executives had been able to identify the card hackers . The Security Company tanium allows companies to track everything connected to a network, and executives can even shut down these end points in just 15 seconds. They raised 15 million to follow the firms initial investment of 90 million. The board member is joining the board also joined me here in the studio. Steven the first thing thats really unique is the instant response across your network. Like, how many devices are connected to your Home Internet . Most people go one, two. Cory if i think about it ive probably got a couple dozen. Steven but you dont know the number. But imagine a global company. How fast can you figure out which ones are connected, what theyre running . Thats what tanium lets you do in 15 seconds. So you have a million different cash registers, laptops, figure out whats going on on all of them in 15 seconds. Cory is this a big data solution . Its been a focus of your firm. But all that information just all those ip addresses. The example of this company, the lights above us are ip controlled. Steven thats whats so fascinating. Because in the world of security, what matters the most is getting the most uptodate information. It is not a data solution. It is a communication solution. In the days of system management, the tools were about a database. That is Walking Around your house, writing it down. Tanium brings a combination of systems management and security to one product, to give you a 15 second answer. Cory does it work like the spiders to do the web searches like google, where they would go out and ping the internet and collect information . Steven the way the tools used to work is, they would ask all computers all at once, what is going on . And wait for them to all answer. It would take a lot of special Network Hardware and databases. This says to every computer, look to the right and left of you, find out what is going on and we will bundle it up and send it back, like a buddy system. Cory i get that. This is fascinating. How does that response to types of hacks we are seeing now . The types of hacks are changing, not least because we are seeing statesponsored hacker attacks the sony attack by north korea. Steven the interesting thing about breaches or infiltrations today is they are multistep. They often involve what looks like a legitimate use of something that is going on. And they involve a combination of programs and networking. Cory we have seen a lot of cases where somebody gets into the network and stays there for months, or even a year. Steve sometimes they have legitimate credentials, and they find a program that talks to a program they plant over here which starts to direct information. Tanium lets you have this complete view of information, of what is going on in your network, which machines might send a certain packet over the network, which machines are running a certain program, instantly. When you do un