We will hear from the head of west coast listings jeff thompson. Lucids desert oasis just finished a listing in san francisco. We will get a picture of supply and demand with first, u. S. Stocks started the month off by hitting records on stimulus talks and covert progress. Salesforce says it will proceed with plans to buy lack for 7. 7 billion to buy slack for 7. 7 billion. Slack prices up, salesforce had dropped. What do we see after hours . Abigail both shares are down. The idea that salesforce. Com would buy slack, now lo and behold, that is happening. As you mentioned, 27 point 7 billion in cash and stock. Some are wondering about the cash piece. Salesforce. Com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take a look at is the fact that salesforce. Coms Ceo Marc Benioff has made more than 60 acquisitions, as you know, in his 21 years, making salesforce. Com the conglomerate of all these different pieces. Now they have this Communication
Dvds in the United States competing with blockbuster. That was a full decade really that were competing with video stores just in the u. S. Thats 2007 when we started streaming. Roughly the same time that youtube did. Host erin meyer, how did you get involved in this book project . Guest i study cultural differences in the workplace. Im a professor, and i first came across the netflix culture when i read what many people have, the netflix culture hacks. Definitely put on the inrnet with again and it was que shocking when i read it. It said things like adequate performance gets a generous severance. That really shocked me because in my department at my Business School i teach at we were at theime focusing on Psychological Safety in the workplace to create come to promote innovation. Re i had a company though stop focusing on psycholical safety that on getting rid of ople who didnt perform adequately. The fact they had no cation policy, travel policy, things that got me thinking about ho
Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
How much commitment is there . We have china announcing a net zero target. We have japan leading in hydro. Can asia lead the way in clean energy . Yeobee yin i am very optimistic about this because of the size of the market. I think with china, making that type of commitment, it helps for countries to make the same type of commitment. I agree with president jin. I think china can reach the goal because of the market. Aen you have the market and government that says you have to reach this, what will happen is innovation. As we innovate, the price will go down. I am very optimistic. There is one thing i think how do you open up to make it competitive to drive Competition Among prices . We are quite regulated. Can we make it more deregulated . To make this a competitive market, that is when you drive innovation. Some of the things policymakers in asia should think about, how in oururther liberalize own way to drive innovation . I am very optimistic. On this very important issue of the fin
Netflix and mr. Hastings what is netflix and what do you do . Guest thats netflix is the worlds leading Entertainment Service and we reproduce and distribute amazing Television Series and movies and weve been around 20 years and have about 200 million families around the world who are our members. Host is there a connection to the 1998 company where you had 900 movie titles in 30 employees . Guest there is a little connection to that. We started 22 years ago and we deliver dvds in the United States competing with blockbuster and that was a full decade really that we were competing with video stores just in the u. S. And that is 2007 when we started streaming. Roughly the same time youtube did. Host erin meyer how did you get involved in this book project . I study cultural differences and in workplace and im a School Professor of first came across the netflix culture when i reed many people of the netflix culture at the desk that reed put out on the internet and was quite shocking when