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From Bloomberg West in San Francisco,
I'm Emily Chang.

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General Keith Alexander is here
to tackle tech's role in counter-terrorism,

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but first, a quick glimpse
with Richard Hendricks,

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founder and CEO of the hot, new
compression platform Pied Piper,

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and Erlich Bachman, Chief Visionary.

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Oh, Emily Chang, it is just splendid
to be here with you at historical Pier 3,

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with a breathtaking view

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of the Embarcadero Center

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and the flag of San Francisco.

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Now, Richard...

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Richard actually
developed this technology in my incubator.

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I am listed...

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I was originally listed under the white pages
as "Erlich Blachman", with an

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a typo that apparently couldn't be changed,

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and then Google indexed it,
so I've been dealing with that.

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Richard, Pied Piper has taken off like a rocket.

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More than 100,000 installs
in just 10 days.

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Is that right?

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Uh... Uh, yes.

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Pretty amazing.

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And you have a last-minute invite
to the Vanity Fair summit dinner tonight.

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Quite an honor for such a young company.

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Richard, maybe
you could comment on this one?

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Yeah, we are finally the belles of the balls.

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I mean, uh, ball.

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Now, some people are
calling you the next Unicorn.

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Have you guys thought about that?

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You could have a billion-dollar company.

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Erlich, you could own 5% of $1 billion.

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Uh, ten, actually.

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Richard, this is boring.

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- Shit.
- No, no, no.

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He was an early investor.

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Again, it's Erlich Bachman.

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If you Google that, it'll say,
"Did you mean Erlich Blachman?"

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You can click on that link, it'll give you
the correct results for Erlich Bachman.

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Should we take some calls?

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We don't do that here.

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I just know what I saw, Richard.

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No, come on. Look, she's married,
she just had another baby.

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If you pushed a little harder,
you could have scored right there on camera.

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- You should get her phone number.
- Shut up.

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Oh. This is actually,
uh, Jian-Yang pranking me.

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I should take it.

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Yes, of course I have frog's legs.
Why do you ask?

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Are you serious? Have you honestly still
not told him that you sold your shares?

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You can't keep lying to him like this.

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It's not technically a lie.

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My shares don't transfer to Raviga
until the next board meeting.

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- Come on, it's been 10 days.
- I know, I know.

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But, you know, the TechCrunch thing came up
and then there was the Reddit AMA

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and, you know, now this Bloomberg thing.

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And besides, let's be honest,

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Richard shouldn't be in the public eye
without me along to help.

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Did you just see the skeeved-out look
on Emily Chang's face?

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I thought she was going to walk off set.

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Erlich, you're lying to him,

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and you made me a part of it,
so now I'm lying to him, too.

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The longer you wait,
the worse this is gonna get.

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- All right, fine, fine. I'll tell him.
- When?

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After the Vanity Fair thing tonight.
I mean, did you see the guest list?

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Monica, throw me a bone here.

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Twenty-four hours, then I'm telling him.

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- Fine, I'll tell him. I'll tell Richard.
- I'm serious.

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- Tell me what?
- I'm not joking...

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Um...

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it was, uh, Jian-Yang.

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He said to tell you that
Phillip McCrevis left word.

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Oh. Who's Phillip... Oh.

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Richard, we'd better get our asses
in first fucking gear

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if we want to make it
to this Verge photoshoot.

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Oh, shit. That's today?

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Yes, I assume that's why you're still
wearing your Bloomberg makeup.

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No. No, I was just... I kind of like the way it...

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Uh... Can we just
push this to next week, please?

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They don't really do that.

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Okay, well, can you go?

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Please? I just have a ton of work,

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and honestly I would be really happy
if I never had to do any of this ever again

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and then you were just
the face of the company.

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You know what I mean? Oh, shit.

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What time is this Vanity Fair thing?

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It's tonight. I figure we're wheels up by 6:00,

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then we can check into the hotel,
shit, shave, and shit again.

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- Get a cocktail.
- What hotel?

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Eavesdropping. Well, if you must know,

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we got a suite at the Fairmont,
and they're sending a car.

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I think Richard deserves it.
And then I figured tomorrow in the a.m.,

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we would sleep in and have a nice brunch.

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I don't have time for a brunch.
I have to be back here.

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Come on, Eggs Benny, a little spinach tartar,
you'll flirt with the waitress.

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Killer. And, uh, we'll have a nice talk.

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"Talk"? What about?

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You know, things, all sorts of themes.

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So tomorrow, you, me, brunch,

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and, uh, one word. Frittata.

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Hey, fellas, is it me, or is it a bit chilly in here?

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What in God's name is that?

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What do you think it is? It's a jacket!

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Now, I only ordered one as a sample,

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but once I have your sizes,
we can all have them.

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Why would we all want them?
One is already too many.

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I don't mean in the house.
I mean, like, in the world.

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Now Gilfoyle, I have you at about a 40 long?
Am I right?

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If my mother was naked
and dead in the street,

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I would not cover her body with that jacket.

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GM.

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Jared, now that you're here,

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- we need two new tables in the game room.
- Yeah?

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Okay. Well, maybe against the doors?

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Oh, hold on, there's more.

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And you guys give me shit
for a tiny gold chain?

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I regret nothing. I'm going to get coffee.

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Hey, Brownie, you coming?

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I was thinking
we'd hit the Philz on Middlefield.

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No, let's drive to the one on Forest Avenue.

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It's further from that jacket.

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Claude, you're on pager duty
until we get back.

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Jared, can I borrow that jacket?

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I sense you're doing something ironic with it,

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but I'm okay with that,

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because however unattractive
this jacket may seem to you,

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once you slip it on, everything will change.

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It'll shake out its hair and take off its glasses,
and before you know it, you'll be in love.

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Jared, it's really fucking ugly.

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Consider the tortoise.

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As the fable teaches us,

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it may appear that he is losing in his race

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against his nemesis,
the insolent and cocksure hare.

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But appearances can be deceiving.

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Gavin, the tortoise. Is it Endframe?

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Yes. But there's more.

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- The hare is Pied Piper.
- Indeed it is. Someone's read their Aesop.

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We've also read the financials, Gavin.

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Between Nucleus and EndFrame,

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you've burned through
three-quarters of $1 billion,

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with virtually nothing to show for it.

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Two weeks ago,

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on the heels of powering down the entire
Hooli campus for seemingly no reason,

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you lost all of EndFrame's senior engineers.

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I grant you, we've stumbled on offense of late,

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but the best offense is a good defense.

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We've taken a page out of Apple's playbook

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and are currently "reviewing"
the Pied Piper app for sale

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in our Hooli store
at a pace one might call "tortoise-like."

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Don't. They hate that.

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In any case, I have it on good authority

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that it may be some time before Pied Piper
is available on Hooli OS devices.

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We're making it available immediately.

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Sorry?

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You're fighting a war that's already ended,
Gavin. Pied Piper won.

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We called this board meeting to inform you

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that it's time for Hooli to let go
and move on without you at the wheel.

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I'm sorry, without me?
Are you firing me?

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Our intention is simply to transition you

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into a more appropriate role
within the company,

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one with less oversight
of day-to-day operations.

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You're putting me on the fucking roof?

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You could always choose to move on, Gavin.
Up to you.

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I built this company with my bare hands
in my fucking garage.

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Where were you when I was doing that?

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Gavin?

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These animals?

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Fuck.

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Well, uh, you are certainly more than qualified
to be our new head of PR.

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Laurie thinks you're great.

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Um, to be honest, we could use the help.

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All the media stuff has been pretty
overwhelming, especially lately.

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- If Marissa Mayer can do it, so can you.
- Oh.

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And you're available immediately?

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I am. I do have one question for you guys.

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Is everything here cool?

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Is it cool?

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Uh, yeah. Yeah, I mean, I'm cool.

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- Yeah, he is cool.
- Uh-huh.

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Clearly, but is there anything you guys
want to tell me about the company?

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What, like, uh...

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All right, look, this is weird,

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but when I was in Laurie's office yesterday,

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I saw a piece of paper on her desk.

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Well, she can be a bit untidy.

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It was a sale of a big block
of Pied Piper stock.

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Is someone on the inside

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- dumping shares right as you're launching?
- What?

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No. No, absolutely not.

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'Cause that would be
a pretty severe signaling risk.

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I mean, you don't have to be in PR

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to know that insiders
only dump stock like that

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when they know something is wrong.

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The bulk of my compensation here
would be options,

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and if those aren't
going to be worth anything...

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Yeah. No. No, no, no.

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That is not happening, okay?
Nothing is going on here.

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- Yeah, except excellence.
- Okay.

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Well, you let me know what you want to do
and I'll think about it.

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Okay. Oh.

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Um, well, thanks for coming.

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What the hell was that?

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Maybe it was a negotiating tactic?

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Monica.

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It's Monica.

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Well, let's not jump to conclusions.

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I mean, she's the only one
who's bought a jacket.

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00:10:02,830 --> 00:10:05,879
Jared, she's the only one
who hates the platform.

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There's no other explanation for this.
Okay? Monica fucked us.

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00:10:09,750 --> 00:10:13,072
She pulled down our pants
and fucked us in front of our parents.

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00:10:14,310 --> 00:10:17,120
Did some...
Richard, did somebody do that to you?

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00:10:17,190 --> 00:10:18,191
No. No, I don't know why...

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00:10:20,830 --> 00:10:24,755
Oh, boy, it is chilly.

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00:10:25,390 --> 00:10:28,758
Good thing I brought this sweet jiz-acket.

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00:10:28,830 --> 00:10:32,039
Hey, friend? We came here together.

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00:10:34,030 --> 00:10:35,395
I know what you're doing.

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00:10:36,790 --> 00:10:38,599
You think you're embarrassing me,

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00:10:38,670 --> 00:10:41,355
but that's only the secondary effect
of that shitty jacket.

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00:10:41,430 --> 00:10:43,114
The primary effect is

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00:10:43,510 --> 00:10:47,754
that you look like a douchebag.

217
00:10:47,830 --> 00:10:49,753
Let me put this in terms you'll understand.

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00:10:49,830 --> 00:10:52,754
I'm like a suicide bomber of humiliation.

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I'm happy to go out
as long as I take you with me.

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Your shame is my paradise.

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00:11:01,710 --> 00:11:03,041
'Sup, ladies?

222
00:11:03,190 --> 00:11:06,239
What you noshing on? Cranberry scone?

223
00:11:06,310 --> 00:11:11,191
My friend Dinesh here
has a little crush on you. He's shy.

224
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I don't know him.

225
00:11:13,710 --> 00:11:15,792
Oh, he plays coy.

226
00:11:15,870 --> 00:11:17,360
I don't know why he's so shy.

227
00:11:17,430 --> 00:11:19,751
Excuse me. I noticed your jacket.

228
00:11:19,870 --> 00:11:21,201
Do you work for Pied Piper?

229
00:11:22,230 --> 00:11:24,358
- Yeah.
- Dude, your app is killin' it.

230
00:11:24,430 --> 00:11:26,159
Everyone I know is installing it.

231
00:11:26,230 --> 00:11:28,392
Do you, seriously?
I just downloaded it last night.

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00:11:28,790 --> 00:11:31,031
- Yeah?
- Do you mind if we get a picture?

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00:11:31,110 --> 00:11:33,477
- With me?
- Yeah. Everybody get in.

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00:11:33,550 --> 00:11:34,995
If you want it.

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00:11:37,070 --> 00:11:38,515
- Thanks.
- Thanks, bro.

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00:11:38,590 --> 00:11:41,161
Hey, man, did you remember
to put money in the meter?

237
00:11:41,230 --> 00:11:43,710
Hi, I'm Dinesh. I work at Pied Piper.

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00:11:43,790 --> 00:11:45,440
Excuse me, do I know you?

239
00:11:46,230 --> 00:11:48,039
Gilfoyle.

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00:11:48,110 --> 00:11:50,511
He's a fuckin' dick, but I love him, though.

241
00:11:50,590 --> 00:11:52,319
You have me confused with someone else.

242
00:11:52,630 --> 00:11:56,601
My name's clearly Jared, and if you
would excuse us, you were interrupting.

243
00:11:56,910 --> 00:11:59,959
No, he's lying. His name is Gilfoyle.
Show them your driver's license.

244
00:12:00,030 --> 00:12:03,398
Jared asked you nicely to step back,
so step the fuck back.

245
00:12:03,470 --> 00:12:05,837
You're being a dick, and you're cutting in line.

246
00:12:05,910 --> 00:12:08,151
You heard him. You're being a dick.

247
00:12:11,030 --> 00:12:13,510
- Boy, some people.
- What a creep.

248
00:12:13,590 --> 00:12:15,319
Sorry you had to deal with that, Jared.

249
00:12:15,390 --> 00:12:17,358
You and me both, friend.

250
00:12:17,470 --> 00:12:19,632
This is Monica.

251
00:12:19,750 --> 00:12:23,232
Is it? Because apparently everything else
that comes out of your mouth is a lie.

252
00:12:23,750 --> 00:12:24,956
Shit.

253
00:12:25,110 --> 00:12:28,432
Look, Richard, I totally understand
if you're pissed at me,

254
00:12:28,550 --> 00:12:31,952
but please know that I tried as hard as I could
to get him to tell you.

255
00:12:32,030 --> 00:12:33,953
Oh, really? Well, that's not what he said.

256
00:12:34,030 --> 00:12:36,032
Oh, really? What exactly did he say?

257
00:12:36,110 --> 00:12:39,353
He said that he found it
on a piece of paper in Laurie's office.

258
00:12:39,430 --> 00:12:43,037
What? Wait, wait, wait. Hold on.
Who's the "he" that you're talking about?

259
00:12:43,110 --> 00:12:44,475
You know who. David.

260
00:12:44,950 --> 00:12:46,111
My brother?

261
00:12:46,310 --> 00:12:47,277
What?

262
00:12:47,350 --> 00:12:49,193
Who the fuck... I don't know.

263
00:12:49,270 --> 00:12:51,238
No, David, the fucking PR guy

264
00:12:51,310 --> 00:12:53,312
who's not going to take a job with us
because of what you did.

265
00:12:53,390 --> 00:12:57,156
Richard, I am totally lost.
What exactly do you think I did?

266
00:12:57,230 --> 00:12:58,516
You can play dumb all you want to.

267
00:12:58,590 --> 00:13:01,275
It won't change the one thing
that both you and I know is true.

268
00:13:01,350 --> 00:13:03,079
You dumped your stock.

269
00:13:03,150 --> 00:13:07,599
What? No. I didn't dump
a single share of my Pied Piper stock.

270
00:13:07,670 --> 00:13:09,479
- I swear.
- Well, then who the fuck did?

271
00:13:10,230 --> 00:13:11,914
And make sure that the money reads.

272
00:13:11,990 --> 00:13:14,072
I mean, Pied Piper is a billion-dollar company.

273
00:13:14,150 --> 00:13:15,390
It's not just a unicorn.

274
00:13:15,470 --> 00:13:17,234
All right, let's do some rearing.

275
00:13:17,350 --> 00:13:18,590
There we go.

276
00:13:18,670 --> 00:13:21,514
Now, let's let the horns
sort of look like my dick.

277
00:13:21,990 --> 00:13:23,401
Perfect.

278
00:13:23,910 --> 00:13:25,435
Are you fucking kidding me?

279
00:13:25,510 --> 00:13:26,671
Richard.

280
00:13:27,550 --> 00:13:30,156
Um, can we take a soft five?

281
00:13:30,230 --> 00:13:32,551
I was going to tell you.
That's what tomorrow's brunch was for.

282
00:13:32,630 --> 00:13:36,396
Brunch? You had 10 fucking days
and you didn't say a thing.

283
00:13:36,470 --> 00:13:38,518
Fine. You want to know why I didn't tell you?

284
00:13:38,590 --> 00:13:39,955
Because it's fucking humiliating.

285
00:13:40,030 --> 00:13:41,191
I'm broke, Richard.

286
00:13:41,270 --> 00:13:43,193
Did you hear me? I'm broke.

287
00:13:44,230 --> 00:13:47,154
Erlich Bachman, the name
that used to be synonymous with success,

288
00:13:47,230 --> 00:13:49,392
went broke and was forced to sell.

289
00:13:49,470 --> 00:13:51,791
- I got royally fucked, Richard.
- You got fucked?

290
00:13:51,870 --> 00:13:55,033
You're the one who threw
a million-dollar party.

291
00:13:55,110 --> 00:13:57,112
- Yeah, but it was a great party.
- No one forced you to do that.

292
00:13:57,190 --> 00:13:58,840
Admit it, you fucked yourself.

293
00:13:59,110 --> 00:14:00,874
But I'm not gonna let you fuck my company.

294
00:14:00,990 --> 00:14:04,039
I'm going to have to issue a press release
explaining what you did and why.

295
00:14:04,110 --> 00:14:05,600
No, no, come on. This isn't out.

296
00:14:05,670 --> 00:14:08,480
- It's one PR guy.
- That we know of, Erlich.

297
00:14:08,550 --> 00:14:10,632
How many other people
saw that piece of paper?

298
00:14:10,790 --> 00:14:13,157
How many people has this guy talked to?

299
00:14:13,230 --> 00:14:16,552
This is Silicon Valley.
Rumors spread like light speed here.

300
00:14:17,750 --> 00:14:20,640
How are we gonna get
good people to work for us

301
00:14:20,710 --> 00:14:23,236
if they think something funky
is going on with our stock?

302
00:14:23,590 --> 00:14:26,355
How are we going to scale?
This is gonna kill us.

303
00:14:26,430 --> 00:14:29,001
Richard, do you know what happens
if this goes public?

304
00:14:29,070 --> 00:14:31,152
- I'm Ron Wayne.
- Who?

305
00:14:31,230 --> 00:14:35,554
Ron Wayne, the guy that owned 10% of Apple
and sold it in 1976.

306
00:14:35,630 --> 00:14:37,712
No one in this town
will work with me ever again.

307
00:14:37,790 --> 00:14:41,351
You want me to risk
the entire future of Pied Piper,

308
00:14:41,430 --> 00:14:43,558
everything that I've worked for,

309
00:14:43,630 --> 00:14:48,511
just to protect you from
your own fucking incompetence?

310
00:14:48,590 --> 00:14:52,640
Richard, there's a 3% to 4% chance
that this is going to get out on its own,

311
00:14:52,710 --> 00:14:54,678
but there is 100% chance

312
00:14:54,750 --> 00:14:59,233
that if you issue a press release
no one will ever take me seriously again.

313
00:14:59,910 --> 00:15:01,992
My dignity is in your hands, Richard.

314
00:15:02,950 --> 00:15:04,281
Do with it what you will.

315
00:15:12,190 --> 00:15:14,636
Gavin? Is that you?

316
00:15:14,710 --> 00:15:17,031
Jack Barker. Nice plane.

317
00:15:17,110 --> 00:15:18,600
Yours, too. Where are you headed?

318
00:15:18,670 --> 00:15:21,241
I just needed to take a walk
and clear my head.

319
00:15:21,310 --> 00:15:24,234
There's this great little hiking trail
near my lodge in Jackson Hole.

320
00:15:24,350 --> 00:15:28,036
Get out of here.
I'm on my way up to J Hole myself.

321
00:15:28,110 --> 00:15:29,760
Is that right? I thought you sold.

322
00:15:29,830 --> 00:15:31,673
No, I just never go there.

323
00:15:32,110 --> 00:15:33,271
So how long you going for?

324
00:15:33,350 --> 00:15:34,761
Coming back tomorrow afternoon.

325
00:15:34,830 --> 00:15:37,310
- Me, too.
- Oh, come on. Come on.

326
00:15:37,910 --> 00:15:42,393
Seriously, we need to find a couple hours,
get together, catch up.

327
00:15:42,470 --> 00:15:43,756
I could tell you some war stories.

328
00:15:43,870 --> 00:15:44,996
Well, I'd love that.

329
00:15:45,110 --> 00:15:47,317
I could tell you a few of my own.

330
00:15:47,470 --> 00:15:50,076
- Well, be well.
- You, too.

331
00:15:50,150 --> 00:15:51,993
- Take care, Jack.
- Yeah. See you.

332
00:15:53,150 --> 00:15:54,311
Gavin?

333
00:15:54,910 --> 00:15:56,036
Wait.

334
00:15:56,790 --> 00:15:59,157
Uh, what are we doing here?

335
00:15:59,550 --> 00:16:02,713
I mean, you're on your way to Jackson Hole,
I'm going to Jackson Hole.

336
00:16:02,790 --> 00:16:05,680
You seem like you could use some company.

337
00:16:06,870 --> 00:16:08,793
- You play chess?
- I do. Indeed.

338
00:16:08,870 --> 00:16:10,235
Fantastic.

339
00:16:10,310 --> 00:16:13,757
I tell you, when we get up to altitude
and the Wi-Fi kicks in,

340
00:16:13,830 --> 00:16:17,232
I'm ActionJB62 on Hooli chat.

341
00:16:17,310 --> 00:16:18,675
- Find me.
- I will.

342
00:16:18,750 --> 00:16:20,832
- I'm glad we bumped into each other.
- Me, too.

343
00:16:21,230 --> 00:16:23,312
- Really is a small world.
- It's crazy.

344
00:16:27,430 --> 00:16:30,593
Okay, well, uh, I think it reads well.

345
00:16:30,710 --> 00:16:34,271
And it's all in there.
This will definitely set the record straight.

346
00:16:34,350 --> 00:16:36,830
Then again, you're basically
lighting Erlich on fire.

347
00:16:36,910 --> 00:16:39,356
So what? He fucked the company.

348
00:16:39,430 --> 00:16:41,831
He potentially fucked the company.

349
00:16:41,910 --> 00:16:44,595
Are you kidding me?
Gilfoyle, back me up here.

350
00:16:44,670 --> 00:16:45,831
This is thorny.

351
00:16:45,910 --> 00:16:47,594
How is this even a question for you guys?

352
00:16:47,670 --> 00:16:49,991
Honestly. I mean, it's not like
he's going to be out on the street.

353
00:16:50,070 --> 00:16:54,394
He just sold 10% of a company
that's valued at least $50 million,

354
00:16:54,470 --> 00:16:57,121
and now, suddenly,
we're giving him the benefit of the doubt?

355
00:16:57,670 --> 00:16:59,877
Well, it sounds mighty Christian of you,
Gilfoyle.

356
00:17:00,230 --> 00:17:02,312
There's no reason for hate speech, Richard.

357
00:17:08,710 --> 00:17:13,159
I can see by the sour, pinched expressions
on all your faces

358
00:17:13,230 --> 00:17:17,076
that Richard has filled you in
regarding the unfortunate circumstances

359
00:17:17,150 --> 00:17:21,075
that have forced me to relinquish my stake
in your fair company.

360
00:17:21,230 --> 00:17:25,997
Erlich, you should know that
I have written a press release.

361
00:17:26,230 --> 00:17:28,278
- Oh?
- I'm not going to release it yet,

362
00:17:28,390 --> 00:17:31,599
but if I hear wind of these rumors
spreading out of control,

363
00:17:31,670 --> 00:17:35,561
I'm going to send it to every tech publication
and blog on the face of the Earth.

364
00:17:35,630 --> 00:17:36,711
Do you understand?

365
00:17:36,790 --> 00:17:38,997
- Even UPROXX?
- Yes, even them.

366
00:17:39,870 --> 00:17:41,110
Also, uh...

367
00:17:43,590 --> 00:17:47,640
This is the check for next month's use
of the house as our office,

368
00:17:47,710 --> 00:17:49,678
but we'll be out by the end of the month.

369
00:17:49,750 --> 00:17:51,639
Richard, it doesn't have to be like this.

370
00:17:51,710 --> 00:17:55,351
From this point forward, you will have
nothing to do with this company whatsoever.

371
00:17:55,430 --> 00:17:59,116
I'm replacing you on the board,
and I'm giving your seat to Jared.

372
00:18:00,110 --> 00:18:02,078
- So that's it then.
- Yes.

373
00:18:02,990 --> 00:18:05,311
So I guess we better get ready
for that Vanity Fair event.

374
00:18:05,790 --> 00:18:06,916
What?

375
00:18:08,470 --> 00:18:10,234
Did you not listen to a word I just said?

376
00:18:10,350 --> 00:18:13,638
I heard thousands of words
about rumors and the need to contain them.

377
00:18:13,710 --> 00:18:16,520
What do you think would happen
if I didn't show up to this Vanity Fair event?

378
00:18:16,590 --> 00:18:18,001
I've already RSVP'd

379
00:18:18,070 --> 00:18:21,677
and given them a list of phony
dietary restrictions just to cause a scene.

380
00:18:21,750 --> 00:18:23,752
I told them I was pesca-pescatarian.

381
00:18:24,030 --> 00:18:28,080
Which is one who eats solely fish
who eat other fish.

382
00:18:28,310 --> 00:18:30,153
I think my absence would be noted.

383
00:18:30,510 --> 00:18:32,717
- Erlich brings up a good point.
- It's true.

384
00:18:32,830 --> 00:18:34,400
Let us not forget Meinertzhagen's...

385
00:18:34,470 --> 00:18:36,234
Yes, yes, Meinertzhagen's Haversack.

386
00:18:36,310 --> 00:18:38,312
We all remember his sack.

387
00:18:39,910 --> 00:18:41,799
Okay, fine. Yeah.

388
00:18:41,870 --> 00:18:43,838
Sure. You can come. I can't stop you.

389
00:18:43,950 --> 00:18:48,638
Uh, I'll be taking the car and the hotel room
and you're going to have to drive yourself.

390
00:18:48,710 --> 00:18:50,041
Consider it my farewell dinner.

391
00:18:51,150 --> 00:18:52,356
See you at the event.

392
00:19:01,350 --> 00:19:03,478
- Jared, are you okay?
- It's just so many emotions.

393
00:19:03,550 --> 00:19:07,999
The board seat. I feel regret and a glee
that you would choose to honor me,

394
00:19:08,070 --> 00:19:11,791
and terror at not living up
to your expectations,

395
00:19:11,910 --> 00:19:14,481
and compassion for Erlich's loss.

396
00:19:15,110 --> 00:19:19,001
Oh, Donald, you've come undone.

397
00:19:20,310 --> 00:19:21,471
You still want him on the board?

398
00:19:24,910 --> 00:19:26,958
Hi, there. Checking in. Richard Hendricks.

399
00:19:27,030 --> 00:19:28,361
Fuck me. Hey, Richie.

400
00:19:28,470 --> 00:19:29,915
Oh, God. Hey, Russ.

401
00:19:29,990 --> 00:19:31,480
What's up, boy genius? You here fucking?

402
00:19:31,550 --> 00:19:33,791
Huh? No. No, no, no fucking.

403
00:19:33,870 --> 00:19:36,441
Just here for the Vanity Fair dinner.

404
00:19:36,510 --> 00:19:37,671
Oh, yeah, I know that stupid dinner.

405
00:19:37,750 --> 00:19:39,752
Bunch of VC douchebags
jerking each other off.

406
00:19:39,830 --> 00:19:41,514
Speaking of, I got this girl at the bar,

407
00:19:41,590 --> 00:19:43,035
I'm trying to take her up
to the presidential suite

408
00:19:43,150 --> 00:19:44,720
before her fucking bridesmaids
ruin the whole thing,

409
00:19:44,790 --> 00:19:46,315
but they're telling me it's booked.

410
00:19:46,430 --> 00:19:49,479
Who is it? Is it Gore? Fuck that guy.

411
00:19:49,550 --> 00:19:51,279
- Oh, God.
- I saw Pied Piper launched.

412
00:19:51,350 --> 00:19:52,636
Haven't tried it, probably won't.

413
00:19:52,710 --> 00:19:56,396
I don't even want to think about how fucked
I got missing out on Erlich's shares. Fuck.

414
00:19:56,990 --> 00:19:59,994
Wait, he tried to sell you his shares?

415
00:20:00,070 --> 00:20:02,676
Well, half of them.
He was pretty desperate to stay on the team.

416
00:20:02,750 --> 00:20:04,752
Well, he didn't mention
anything about this to me.

417
00:20:04,830 --> 00:20:07,515
Of course not. Why would he?
It's fucking humiliating losing all your money.

418
00:20:07,590 --> 00:20:10,673
You think when I dropped below $1 billion
I walked around telling everybody? Fuck no.

419
00:20:10,750 --> 00:20:11,797
You guys were the only ones who knew,

420
00:20:11,870 --> 00:20:12,996
and I actually thought about
having you killed.

421
00:20:13,070 --> 00:20:15,277
- I'm sorry, what?
- So Erlich and I, like two weeks ago,

422
00:20:15,390 --> 00:20:16,516
we had a contract ready.

423
00:20:16,590 --> 00:20:18,479
Five mil
I was gonna pay him for half his shares.

424
00:20:18,550 --> 00:20:20,917
It was a win-win.
Then that robot, Laurie Bream,

425
00:20:20,990 --> 00:20:22,799
sweeps in and cockblocks the whole thing.

426
00:20:22,870 --> 00:20:25,680
She forces him to sell her all his shares.
You think she's gay?

427
00:20:25,750 --> 00:20:29,835
Maybe. It hasn't come up.
I... So wait, she outbid you?

428
00:20:29,910 --> 00:20:31,878
Outbid me? No, she didn't have to.

429
00:20:31,990 --> 00:20:34,311
You don't even know how
your own fucking company works?

430
00:20:34,390 --> 00:20:37,439
All right, Mr. Hendricks, we have you
staying one night in a deluxe double.

431
00:20:37,510 --> 00:20:38,591
Okay, do you have a tub in that room?

432
00:20:38,670 --> 00:20:39,751
Does he have a tub in that room?

433
00:20:39,830 --> 00:20:40,877
I don't know. There's no way of telling.

434
00:20:40,950 --> 00:20:43,032
You know what? Fuck it.
I'm gonna take her to the W.

435
00:20:43,110 --> 00:20:45,795
She's so drunk she won't know the difference.
See you around, Richie.

436
00:20:58,110 --> 00:20:59,555
Hey, it's C.J.

437
00:20:59,630 --> 00:21:03,635
Listen, I'm hearing a rumor about
some serious ugliness going on at Pied Piper.

438
00:21:04,550 --> 00:21:07,599
I've heard it from three different people now.
You need to call me.

439
00:21:09,110 --> 00:21:10,316
Fuck.

440
00:21:11,750 --> 00:21:14,560
What in God's name is the reason
to get a higher education?

441
00:21:14,630 --> 00:21:16,473
You can just buy a megafreeze for 35 cents.

442
00:21:16,550 --> 00:21:17,995
Laurie, can I talk to you for a second?

443
00:21:18,070 --> 00:21:20,755
Yes, uh, Richard Hendricks,
do you know Mark Pincus?

444
00:21:20,830 --> 00:21:21,831
Hello. Big fan.

445
00:21:21,910 --> 00:21:23,878
Oh, okay. Yes. Um...

446
00:21:23,950 --> 00:21:25,873
- Sorry, just one second.
- Yes. All right.

447
00:21:25,950 --> 00:21:30,035
I'm sorry to cut away like this.
We can continue discussing this.

448
00:21:32,670 --> 00:21:36,880
Okay, uh, look,
I know Erlich sold you all of his shares.

449
00:21:36,950 --> 00:21:39,920
I'm just wondering
exactly how that happened.

450
00:21:39,990 --> 00:21:42,436
Ah, yes. It was one of my finer moments.

451
00:21:42,510 --> 00:21:46,401
Erlich came to me with an outside offer
to sell half of his Pied Piper shares.

452
00:21:46,470 --> 00:21:49,394
To Russ Hanneman for $5 million.
Yes, I know.

453
00:21:49,470 --> 00:21:52,599
But somehow you ended up
with all of his shares. How?

454
00:21:52,670 --> 00:21:55,992
Oh, well, as you know,
the same onerous terms you accepted

455
00:21:56,070 --> 00:21:57,754
when you took Russ Hanneman's money,

456
00:21:57,870 --> 00:21:59,634
they transferred to me when I bought him out.

457
00:21:59,710 --> 00:22:01,712
These included the right
to block any transfer of stocks

458
00:22:01,830 --> 00:22:04,197
with a majority vote of the board.
A board which I control.

459
00:22:05,390 --> 00:22:07,279
- I don't understand.
- Of course you do.

460
00:22:07,710 --> 00:22:11,874
If I have approval of any buyer,
and I am the only buyer I approve,

461
00:22:11,950 --> 00:22:13,714
then I can set my own price.

462
00:22:14,070 --> 00:22:17,961
So I asked Mr. Bachman
for a thorough accounting of his debts,

463
00:22:18,030 --> 00:22:20,795
which ran to approximately $713,000.

464
00:22:20,870 --> 00:22:22,599
And how much did you give him?

465
00:22:22,670 --> 00:22:24,559
$713,000.

466
00:22:25,790 --> 00:22:28,157
Jesus. So, he walked away with nothing.

467
00:22:28,230 --> 00:22:32,633
Oh, yes. And so as I said,
you're the one who accepted these terms,

468
00:22:32,710 --> 00:22:34,599
so you're the one
who enabled this action on my part.

469
00:22:34,670 --> 00:22:36,718
All credit goes to you, Richard. Excuse me.

470
00:22:36,790 --> 00:22:38,758
Dick. Dick Costolo. One moment.

471
00:22:38,830 --> 00:22:39,956
I need to speak with you.

472
00:22:45,750 --> 00:22:47,240
It's expensive to replant.

473
00:22:47,310 --> 00:22:50,757
No. The vines are bad. The soil is bad.

474
00:23:01,190 --> 00:23:03,192
Excuse me, what is that?

475
00:23:03,310 --> 00:23:04,755
That's pesca-pescatarian.

476
00:23:05,110 --> 00:23:08,193
- It's fish that...
- Actually, just bring me one of those.

477
00:23:08,270 --> 00:23:09,840
- Me, too.
- Yeah, waiter, I'll take one, too.

478
00:23:09,910 --> 00:23:11,753
- I want one.
- I want one of those also.

479
00:23:12,190 --> 00:23:13,840
Wait, hey, hey, I'd like that also.

480
00:23:14,590 --> 00:23:16,160
Excuse me,
if he's having one, I want one.

481
00:23:16,230 --> 00:23:18,039
You're getting that, I want it, too.
Excuse me!

482
00:23:20,870 --> 00:23:23,350
Hey, I thought you were at the dinner.

483
00:23:23,430 --> 00:23:24,670
I left.

484
00:23:25,150 --> 00:23:27,801
Erlich never showed. Is he here?

485
00:23:27,870 --> 00:23:30,032
Yeah. He's hiding in the backyard.

486
00:23:30,110 --> 00:23:31,441
Why?

487
00:23:32,230 --> 00:23:34,039
Have you not seen the article?

488
00:23:34,110 --> 00:23:35,111
No.

489
00:23:40,630 --> 00:23:43,634
"Is Erlich Bachman
the Dumbest Man in Tech"?

490
00:23:43,710 --> 00:23:46,156
What the hell is this?
I never sent anything out.

491
00:23:46,750 --> 00:23:48,479
- Who did they talk to?
- Erlich.

492
00:23:48,950 --> 00:23:52,318
This is C.J.'s blog.
He outed himself to protect Pied Piper.

493
00:23:52,390 --> 00:23:54,631
Yeah, this is way harsher
than anything you ever wrote.

494
00:23:55,910 --> 00:23:57,799
Plus, there's the visual component.

495
00:23:57,870 --> 00:24:02,000
Speaking of... Where's your jacket, Jared?

496
00:24:07,150 --> 00:24:09,278
That was quite a piece.

497
00:24:10,190 --> 00:24:11,919
Informative. Thorough.

498
00:24:11,990 --> 00:24:14,118
You certainly know how to make an impact.

499
00:24:15,710 --> 00:24:18,634
And I guess I don't have to worry about
any rumors coming out.

500
00:24:18,710 --> 00:24:19,996
Those are handled.

501
00:24:22,310 --> 00:24:26,110
You know, Erlich, uh,
Pied Piper still needs a head of PR.

502
00:24:28,430 --> 00:24:30,910
You seem to be well-versed
in media outreach.

503
00:24:31,350 --> 00:24:35,799
And by your own admission in that article,
your head is, uh, what did you say,

504
00:24:36,150 --> 00:24:39,199
so far up your own ass
you can see the future.

505
00:24:40,190 --> 00:24:41,271
And that could be useful.

506
00:24:41,350 --> 00:24:45,674
If we need a pre-cog...

507
00:24:46,910 --> 00:24:48,071
in away.

508
00:24:48,190 --> 00:24:50,955
Uh, I don't know if you're available, so...

509
00:24:51,030 --> 00:24:53,351
Are you offering me a job?

510
00:24:53,430 --> 00:24:55,353
Well, we have a good option package.

511
00:24:56,070 --> 00:24:59,756
It won't be quite what you had,
but it's something.

512
00:25:01,870 --> 00:25:03,201
That's very generous.

513
00:25:04,270 --> 00:25:06,921
So things could go back
to the way they were before.

514
00:25:06,990 --> 00:25:09,960
Well, no. No. Not exactly the way they were.

515
00:25:10,030 --> 00:25:14,718
No, no. Uh, well, this would be an actual job
and you would have responsibilities.

516
00:25:14,870 --> 00:25:17,157
Would this job have a title?

517
00:25:17,230 --> 00:25:21,076
Something, say, Chief Evangelism Officer?

518
00:25:21,150 --> 00:25:22,834
So, "CEO"?

519
00:25:22,950 --> 00:25:25,317
- Oh, my goodness!
- What the fuck was that?

520
00:25:26,070 --> 00:25:28,471
Richard.

521
00:25:28,550 --> 00:25:31,201
The Pied Piper app
just got accepted into the Hooli store.

522
00:25:31,270 --> 00:25:34,001
What? Holy shit.

523
00:25:34,070 --> 00:25:38,997
Gavin Belson just presented us
with his bare buttocks in submission.

524
00:25:39,070 --> 00:25:41,357
We beat him. I don't hug. No.

525
00:25:41,430 --> 00:25:45,435
Um, okay, hey, look, time to issue
your first press release, right?

526
00:25:45,750 --> 00:25:48,833
It's very late, Richard, and I'm very high.

527
00:25:48,910 --> 00:25:49,991
Erlich, I don't care.

528
00:25:50,150 --> 00:25:51,993
You have to do it, okay? Now.

529
00:25:52,070 --> 00:25:54,357
- It's your job.
- Okay.

530
00:25:54,430 --> 00:25:55,636
All right.

531
00:26:00,670 --> 00:26:01,876
C.J. Cantwell.

532
00:26:01,950 --> 00:26:03,873
Erlich Bachman. The reason I'm calling

533
00:26:03,990 --> 00:26:08,871
has absolutely nothing to do whatsoever
with the fact that I own half of your blog

534
00:26:08,950 --> 00:26:10,679
and everything to do with the fact

535
00:26:10,750 --> 00:26:14,994
that I was just named
Chief Evangelism Officer of Pied Piper.

536
00:26:15,190 --> 00:26:19,036
Feel free to abbreviate that,
whatever acronym is most economical.

537
00:26:19,110 --> 00:26:20,157
And I have a story.

538
00:26:20,230 --> 00:26:22,881
Well, if it's anything like this last one,
I am all for it.

539
00:26:22,950 --> 00:26:25,556
I am getting so many paid views
on your tell-all.

540
00:26:25,630 --> 00:26:27,473
Everyone in the Valley is reading it.

541
00:26:27,550 --> 00:26:30,793
Well, that's good. For you.

542
00:26:30,870 --> 00:26:32,395
At my expense, I guess.

543
00:26:33,910 --> 00:26:35,400
Anyway, I had no choice.

544
00:26:35,470 --> 00:26:37,359
As you said, it was going to come out
one way or another.

545
00:26:37,430 --> 00:26:39,876
Why? No one knew about any of it
until you told me.

546
00:26:39,950 --> 00:26:42,874
What do you mean? You said that
you had heard from a bunch of people

547
00:26:42,950 --> 00:26:46,079
that there are all these rumors
about ugly shit going down at Pied Piper.

548
00:26:46,150 --> 00:26:48,721
That's literally the only reason
that I told you any of this.

549
00:26:48,790 --> 00:26:53,239
What?
Oh, yeah, three different people told me

550
00:26:53,310 --> 00:26:55,677
that Pied Piper had
the ugliest jackets they'd ever seen.

551
00:26:55,790 --> 00:26:56,757
Jackets?

552
00:26:56,830 --> 00:26:58,912
I was going to do, like,
a whole swag fail thing, you know?

553
00:26:59,030 --> 00:27:00,441
That could have been cool, no?

554
00:27:00,790 --> 00:27:02,633
Who the fuck cares about jackets?

555
00:27:03,030 --> 00:27:05,237
Hey, come on, babe

556
00:27:05,310 --> 00:27:07,074
Follow me

557
00:27:07,150 --> 00:27:09,391
I'm the Pied Piper

558
00:27:09,470 --> 00:27:13,156
Follow me, I'm the Pied Piper

559
00:27:13,230 --> 00:27:17,076
And I'll show you where it's at

560
00:27:17,430 --> 00:27:18,920
Come on, babe

561
00:27:18,990 --> 00:27:20,230
Can't you see?

562
00:27:20,310 --> 00:27:24,156
I'm the Pied Piper, trust in me

563
00:27:24,230 --> 00:27:26,437
I'm the Pied Piper

564
00:27:26,510 --> 00:27:31,198
And I'll show you where it's at

565
00:27:32,870 --> 00:27:36,317
Girl, don't be scared to move

566
00:27:36,390 --> 00:27:40,156
Hey, babe, what are you tryin' to prove

567
00:27:40,230 --> 00:27:44,155
It ain't true that your life has kicked you

568
00:27:44,230 --> 00:27:49,555
It's your mind and that's all that's trickin' you

569
00:27:50,550 --> 00:27:54,316
So step in line

570
00:27:54,390 --> 00:27:58,475
Hey, come on, babe, follow me

571
00:27:58,550 --> 00:28:02,441
I'm the Pied Piper, follow me

572
00:28:02,510 --> 00:28:04,956
I'm the Pied Piper

573
00:28:05,070 --> 00:28:09,678
And I'll show you where it's at

574
00:28:10,510 --> 00:28:12,433
Come on, babe

575
00:28:12,510 --> 00:28:14,035
Can't you see?

576
00:28:14,110 --> 00:28:17,876
Come on, babe, follow me

577
00:28:17,950 --> 00:28:21,079
I'm the Pied Piper

