" The get go home show you sponsored by jangled. Hey welcome to the -- show our own and I'm Joyce and we have this week's pick lives when you -- classic hit card before shortly as this come from this new concept record company to promoting called. Ring goes my first impression of that. What."

" Rock and -- ring tones. Put out and CD single format yet frank these guys haven't been paying attention to their own thing and no they haven't it's you -- is going back in time trying to repackage old stuff not doing anything innovative at all. I think this is going to be a big joke but I guess we'll see."

" As one of the leaders on my blogger actually left at left a comment saying. Through these -- case I'd like never become artists -- should they do something and it's really good target."

" So but is this thing is the people actually download ring tones aren't tech savvy enough that they don't need a CD to get on to their phone and in fact using this to -- to get their makes it. It add several more sets you don't even need to begin again. That's crazy. Our number four -- line is IBM joins open office only thing about us."

" I think there ought to you know there's a lot of interest in open office -- around the -- there. Brazil and Germany India and China they really don't want to pay a borrow money from Microsoft office frank which is the big cache for the company unlike. People confuse that mean I'm confused that windows is the big -- our passion. Office -- most money for them saw the open source effort basically targeting. That cash -- right now when there's the guru office funds. Has its own version of you know that's -- so IBM brings a lot of credibility in the enterprise."

" I use open office for quite a long time I've always really enjoyed it. The only issue sometimes when I'm dealing with other clients customers that are used to doing the open office format but it's nice to see it spreading in and taking on a little bit of of whom I guess we'll have to see how Microsoft response to that."

" Right moving along be the number it's he had picked like for the these kids. The illegal wiretaps by Telecom. Operators are divorced yeah. If you from the government. You must have part of our. A lot of and qwest also are hoping. You know. That's right."

" They turned over their their call logs over to the government when they were requesting these blogs without. Warrants and without you know the alleged wiretapping. Program."

" In -- the the -- Unita leader so wasn't that part of the Patriot Act."

" I think it's complete BS because here's the issue of meaning that there's no way in hell should the telecoms -- immunity for this kind of stuff. The Fourth Amendment protects people from unreasonable search and seizure by the government right. And by keeping the telecoms. On the hook it prevents them from going over to the government whenever the government seized unconstitutionally -- if you look at telecoms off the hook. There's no checks and balances against the the government agencies are asking for these things. That's kind of how I feel about this we'll see if congress when they return back from recess has enough. Baltic -- stand up to telecoms and sent up to the previous government officials try to push this through."

" Can we keep we keep tabs on this and I think. This is a big story which can get much attention."

" And we should keep an idea it's a big issue but I mean that I have to that you motor -- and an iPhone selling a million unit definitely important. Story number two hit finest Ericsson partners with the earth institute they're going to get wiring. You know a couple of hundred villages and in Africa and I love listening art institute comes out of Columbia my alma mater. Right I think this is back."

" A great move it's not as much of our -- if some are providing connectivity right. I have seen personally whenever into India like Howell a single cell phone can transform communities. It's not about being commanders just being able to connect and recharged when the people right and I think that has a very profound impact I would -- the margins in the past. In Africa for instance because. Then there is no cross barter money transfer mechanism for people who figured out that they can trade minutes by buying prepaid called -- minutes and they started creating so it actually led to innovation -- from the ground out and you know in in India saw this this is like a really fascinating story I was not very. There was an ATM machine on a -- leg I'd never seen any -- your machine in the big city. Are you could just put in your card -- US issued Citibank card and -- our money right off on the vote and I was like why. Pretty cool because it was connected through a cell phone network right and we elect a real -- part of the country street pretty impressive."

" I think this will hopefully have a bigger impact than the hundred dollar laptop in terms of improving. Rule and Third World country economic development technological development --"

" Who yeah I think -- voice command Q would he is important but related to whenever they out of nineteen number are far it. He won't you know the laptop right you know you know let's just leave it for another day Friday. For our number one -- of the -- is in need Lanka's Barcelona it's forced. Quarter core chip which is going to be used initially. In servers and some days it might show up in your best."

" Fred is a big deal for MD they've been falling behind the market from Intel. Where they had kind of had a surprise move back to me in a few years ago."

" 20032000. Is when -- launch Opteron which was a dual core chip and they really gave them that they did. It's especially in these are words face and and then -- I've been kind of has basically. Been pummeling me and you don't include being pummeling them for a long time but. Things are pretty you know it's difficult for AMP or loss to yes right now appears. And they're betting that Barcelona brings them."

" Back and everybody is talking about what a big deal this going to mean I actually think then said as being their comeback this is actually another fumble on their part."

" I think it's like -- it's taken me nine in the casinos you -- positive daughters laugh. You gonna ban it all on one chip it's that kind of."

" They move production deadlines they should've gone out of earlier and now what's the point because Intel also has the same kind of chip coming out right on their heels is not."

" Exactly this seems like very similar similar -- The difference is nom that find -- sort of extend a big deal because it's a big market. You have servers you set a bar code coding to 35 million so much. And if you believe the video's gonna grow and groove then and in Iraq the solar demand -- the -- product -- processor demand. Is going to increase now unlike the desktop processors which are between 150 to 250 dollars. These are a positive and higher freight -- daughters -- K -- so if are those 25 million if Indy can pick up a market. -- like you to be in like a 1000002 million so it's a lot of money is still a lot of money I mean it's the kind of money which conceivably come today campaign."

" I think the name of the game is you know AMD's focusing on efficiency of their processors whereas Intel's going on speed so we'll see who wins out."

" And there's also the other aspect of of the Barcelona is back. AMD's pushing focus on floating point right and which is very kind of into laughter lagged some -- so by doing that they're actually saying we're gonna get designers to supercomputers. And even higher end machines that should stop people -- who we are using right I took back kind of gives them. A little bit I think it's actually a good strategy for the company they just forgot about the consumer market. And just stay focused on this oversight of the business we'll stay tuned and see what they have to say about that and I guess that they have by the united really -- after that I used to get -- reporter and you know it's kind of interesting to see this. You know happening because I'm really sick and tired of seeing like frivolous. You know he'd actually companies getting on the detention -- The year technology -- on infrastructure yes that is correct site so -- would be back with our guest max selection of slide. We talked -- the barred from up 20 and Ajax and all those little things and all the widgets that we'll be back."

" Hi welcome back in today's guest is max let's and CEO of slide. Cofounder of PayPal and entrepreneur extraordinaire and Philip and I thank you for joining us and that does cost them. Hello hello. So you didn't really -- this plant lately I've been you know tons of great reports is going. If you're making there was a sense that. -- it is getting a lot of coverage geyser. Taking the widget market by storm and doing great amount of work in that field but there's a lot of people asking how do which accompanies me -- So what is it. Your plan was sliding and how are you planning an interest in those detractors."

" So the easiest way to think about. Widgets. Broadly is it just kind of TDs that live on what it looks just like don't you just live and elevators when you're going up and down your share capital -- something that's telling you. Adequate and whether or you know whatever the latest mortgage rates so. A lot of us -- for example slide hands. And it really does in fact that are actually know -- but what I do know is that we have about. -- fifteen million people unix monthly rental. That's got to where bluntly to people let's get their message out there. It's a -- likely the most powerful media broadcasting system but. We have problems integrating advertising into the system that people say hey we don't want advertising which it. So liberty tried. We're already started down that path in the first steps we've taken are very very careful and very very be like. But we have done is we've allowed users to choose a brand they're willing to represent. For example. They could promote the Bratz movie campaign annualized movie and if it -- it that. The reasons works so this this works tirelessly and the reason it does because it's voluntary. Of cultures -- usually complains that they have regional pointedly chose to themselves but more importantly. The creator of your pre issue is high enough where if just one or 2% -- creators. Actually say -- write him. I'm gonna represented brand it's so many viewers that is -- in fact actually over feels the -- is we've -- impressions have faster than we want great. -- that campaigns which are currently -- slide. So who. I think we're actually -- between campaign that was signed several very major advertisers media that Nebraska in it which was essential trial campaign. And the first campaign things and it. 917. The first major one we currently are. Posting some campaigns though. Are these applications which is another serve. He's -- world doesn't like Nicole. Widgets it's in terms there. And so our -- and FaceBook are probably you know girls would do very well affect the top -- that -- at. And aptly named top friends -- think that. So we're actually are running some -- there right now promoting mostly other applications FaceBook which is the current the --"

" Just to clarify things do you plan to split of revenues for the networks you're running. -- Richard on -- is it is is that a special kind of agreement you guys that I know. MySpace ran into some issues with for the market and you know -- you mentioned are resolved by them quite what about that but."

" May I ask -- and took out FaceBook and."

" So I think it -- the Patrick you know basically it's just play -- Indicated confidence you have little spot that someone else's job and you make money from -- often have to pay rent. And so yet every time we have a campaign right on widgets. We have to negotiate revenue split with network ports running. With the exception of FaceBook which has served thrown gauntlet down trying to attract people -- flight to build enough testing most exciting apps by actually saying you get to keep percent. So the revenues -- hard for -- there for them wearing. In the telling -- but I think it it'll sort itself out. Through market because right now it's even though -- 100% for -- makers Euro for FaceBook. There are restrictions as to where you can -- so effectively if we the locations and -- it's probably not quite figured a hundred it's actually. Something like 5050 this happened site known on but it's officer of so over time. There will be market forces both internal FaceBook or people say well how -- we can't advertise there. It'll be worth -- for -- at a certain point. Moreover external forces such as MySpace and Bebo and all the other companies presumably one of these things -- people here with -- here's here's how we're going to handle this. Would influence the pricing outside their networks. And creating more."

" Max one thing which have noticed is there's this -- is among the hype around FaceBook -- lot of attention are media coverage. And he never did the other he's slightly different you get scared you you would think that MySpace is. Stop growing in people's properly and then Christians are growing. I mean you clearly have firsthand data on it. Give us a sense of -- what is the hype and what is the reality and you know how are these two boards very different."

" It's not just who -- laws notes there is MySpace which is still. The US user. Gold mine. If your MySpace that's the act with. There's FaceBook which is definitely the rocket ship in terms of growth and impeachment -- If -- which is where you have to go if you want UK and to use Russert thank you Pastor -- relative to all the -- five which you know. If you're of the strategy approval on anything or everywhere that doesn't speak English. Hands on us for those who did it it's not quite the world of watts of -- me they just yet now these look I think. Just -- gets a lot of praise and a lot of attention. Trees into the -- from one. Primarily because. They have figured out the boundaries of their relationship. A platform or social -- from must have. This developer base to pre teen and for the creek valley themselves. While letting it ecosystem actually flourish and make but ultimately. The -- universe. -- a -- that funny but there's a permanent that are going on within hype. Where in a MySpace is the arguably oldest most successful which it often they've been around cranking out hundreds of millions of widgets per month. Plus icon hello Randy from animated gifts to the -- and glitter of the world it's it's been forever but it's the step that. FaceBook took. That has been very difficult for everyone else to take so far they said well. Widget makers are welcome or -- makers are welcome moreover. We're gonna give you reason to stick around I can make -- hand. I think that's the fundamental cause for the hype although a much for the -- ever really quite the right."

" So you're facing your -- with FaceBook it looks like that's where -- developments I'm going to ask a question that's been changed direction a bit so -- look at LC. In -- run by mark Zuckerberg very young hot entrepreneur right now on the -- personally to what you were back in the day when your PayPal and I just finished reading a -- PayPal wars that talked a lot about you know what went on back in the day. And reviewed a lot of history there's so. What is your advice to young much triggers we're dealing with investors and and one on how to really maintain controller -- a way that marks -- Zuckerberg did very successfully. Now you're still is a little bit different but you know what's the advice would you give to people where. In messages and their young companies when they want to -- owner John with really big guys."

" So complex question it is. There's a bunch of real -- that you can filings that are I was gonna you have to -- think of keywords that 50%. That it Hubert. He started the film. You have missed. So."

" I think the."

" It's nearly impossible to tell was going to happen to your company from the get -- right for every. Mark and for every. PayPal for like a better example. There's hundreds of companies that do very well I am not very well at all and the coach of the investment they have. Are complex and sometimes right sometimes wrong and an answer sort of stories so there. The probably best advice. You can do -- investor. I've given investors and -- which and in invest in people he ultimately army contract with someone. An investor. Asking a partner -- like it's my money -- operations center is basically saying. Are you gonna go the distance to secure not appoint the -- apple business model implies. Nine Taylor's own success has been a big enough to -- right there's no value and ten. But -- Yahoo! or Google. So that's the contract that the investor asked me to corner -- the less covered flip side is the same one of the entrepreneur looks the industrialized and it's recessed well. Yeah I really need is -- Austin. It is going but. I just don't know if I can we put that we're going on I would be very happy thirty. Don't do it optimistic figure out which would scrap that and that's ultimately we're 95%. Of the public's comfort right very rare that you have not prepared -- just goes the distance of where billion. Investors trying to him down and get the company so."

" I have heard from a lot of entrepreneurs that are pitching on aunts and who wrote that piece is costly ask them is this a hundred million dollar -- when really. Think you have to -- themselves thinks it's that thirty and I and they come up with a hundred telling a story just to do that I'll see here you know obviously -- with and that. I've been really impressed with the kind of -- that PayPal has spread across the valley. How did you guys do you have so many companies and again so all the people mom are doing great. Well we did drink a lot of stuff so that's -- I hate but that is the elixir of life them. Answered -- work."

" Actually here. You can get out and -- in effect -- That's -- that. Well you definitely have options that but it Israel's incidentally. So PayPal excellent -- It's a paper entrepreneur ethos. These are actively encourage you weren't there I don't -- It's tempting to -- was this big training class for everybody just replica. -- Campo got into and -- out whether entrepreneur that honest but really who's recruited people were re enter ergo we were pretty people really want to do. More pushed to limits go crazy. And once he's -- live through the four years of the matte brushed it PayPal was. You look outside public crap I could do this -- I'm gonna start my own. Ports."

" But -- the big issues. You know when you -- like. We have you know dancing around the issue is for us to follow. The PayPal -- is is also very strong right you guys have a support network which has actually have. I that you call investing so is it is that the one of the main reasons he's he's so -- powers there's dot com."

" definitely very healthy culture where there's a new company being started. It's essentially. Within the PayPal alarming over there's a little bit of -- involved where. You know -- office now partners sequoia and -- just -- founders fund. That invests in. Very very early stage companies you as an active investor or investors to effortlessly to the -- people were you know it's. It's not exactly difficult to send -- mass email to a bunch of people but. He's associate executive meetings they had im gonna do something get -- talk about it and that obviously an enormous amount of illusions that doesn't have to -- since I get back Amarillo."

" But this paper out example is also reflective of what's going on in the value right now. And his sense that. That seems to be under greater resistance to taking these money in the obesity and kind of going second round. His arms he's been -- he -- kind of crime -- The investors. -- lied to use why do you think that is when you say any course of stories. I mean from your perspective -- print on active -- selected camera."

" That would hurt or something but. Actually I think there's -- inflation Barbara I think it's a good trip. So the -- bush is having an excess liquidity there's lots of people in the last five years that are made a ton of money hand they have seen that the shortest path. If this continues to increase the personal network is private equity investments either through their sweats or three Angel. And there are qualified to Japan posted on -- so the way the back out of that problem is they say well I'm going to be like really know for example that news report to me at PayPal and only technology as early as well what do you know why he and his company. So sort of support. Now -- it exactly. The situation with a thirty million dollar company. Where the governor looks up and says you know packet particularly ill feeling and I'm very happy -- thirty million dollars -- won't let alone he 5% of -- BBC don't really want it's just the wrong investment so the reason that there -- there's this. Network of investors that will pick those off and see them with quarter million dollar per 100000 dollars. -- great because what's going on those people are filtering the investment for venture -- time the entrepreneur gets in front of some heavyweight EC on Tampa wrote. They have -- or he can. The I'm smoking in 1000 dollars and maybe okay big and have decided I am going to reveal the for the big job. Or they're just that both of them you know what I don't really want to take 300000 dollars. Because that implies necessarily any. Some one personally feel -- I'm gonna go for the ten million dollar around right now and that better point of being under. How have you -- it. Roughly a dozen a dozen and which -- even more depressed that he is that they can advocate writing placated angry. And return on anything. Which. I think the I have been very. -- these -- them -- it's like her information put them so you'll I think that he had a couple very well. Done both -- we're gonna go a little bit and the parties. -- Yelp has been the most useful website and its effect Francisco I must admit you and then and they gave birth. You get any information that I know about and parts. So I'm I'm very happy that I have a good deal I'm still. Having something to it and I injured and it. I think that's probably the one that most involved with. Few years ago he sued the company -- an old call -- buy bonds which has been very old very different are very. Or scale of crazy homeless rating and it did well. I've recently he a couple of companies that should talk about but there really exciting for -- on top."

" Allotted by yeah. Scotch. On sort of argument jumping on the -- I mean I'm sorry do and that's the -- so. I saw it coming -- Jump on the -- value is just prompting. You know I was -- has given -- the science -- hey before -- ago. I want to -- five questions for you -- and I guess what I think that's the spirit so -- questions FaceBook -- at Barnard on the go public you public. How much ten million -- that open it varies a lot how do you think that. Okay that doesn't happen it's senator -- At ten million. Yeah I think 35 degrees and I. What is your favorite -- right now knocks life."

" C'mon you're pictured takes an -- also analysts -- an investment that's."

" Okay."

" He."

" We the past -- and and next Jesus at -- are you -- (%expletive) I'd like he's pretty I have one thing kind of widgets and I know on -- rated -- potato it's the same thing on FaceBook a lake. And actually are not Zuckerberg and so I can say and call them all printers. Laughter I originally released her and I am -- escape again and -- from last question. House of poker game."

" Oh boy if I won't."

" But that's not what I heard. And the extra mile to the mindset that I."

" And check it out right so much for -- accidentally sort of interest. Welcome back I'm Joyce I'm. And we're about to jump right into the viewer comments so in response to last week's discussion about -- plus plus. -- Scottsdale Arizona writes and I want to point out another big reason for a blocking ads they can slowdown reloading the page and hang it up completely. I think it adds are displayed the page on a better make sure the provider isn't dragging the -- down."

" Excellent point I think that happens so often. It's happened on our sites and -- can be very annoying."

" I think what the ad servers need to learn to do is you know speed up otherwise they're going to (%expletive) off everybody in the ad blocking software -- continue to grow up bright and they need to regarded new interest in me is."

" you know. Advertising not just mutual. He knows that -- news. Formats go beyond that innovative right."

" And move on our second email is from Christos who -- and -- being a lawyer. Can we touch on more legal issues that involve Texas just fair play -- and in such. So I'll -- my best to continue to add or increase the amount illegal announced that I put in my back friends actually knocked out of IP which is all the topics that you mentioned here Christos but. A more but corporate lawyers I do financings and merger and acquisition spelled -- what I can tent. For more information to you guys from a legal background."

" I have a very simple arms into this idea. That that's it he would. But he'd be back next week good -- has more headlines and more interest in stories affect. -- week."

" Support for the -- got home she though he's provided by jangled."

" The get go home show you sponsored by jangled. Hey welcome to the -- show our own and I'm Joyce and we have this week's pick lives when you -- classic hit card before shortly as this come from this new concept record company to promoting called. Ring goes my first impression of that. What."

" Rock and -- ring tones. Put out and CD single format yet frank these guys haven't been paying attention to their own thing and no they haven't it's you -- is going back in time trying to repackage old stuff not doing anything innovative at all. I think this is going to be a big joke but I guess we'll see."

" As one of the leaders on my blogger actually left at left a comment saying. Through these -- case I'd like never become artists -- should they do something and it's really good target."

" So but is this thing is the people actually download ring tones aren't tech savvy enough that they don't need a CD to get on to their phone and in fact using this to -- to get their makes it. It add several more sets you don't even need to begin again. That's crazy. Our number four -- line is IBM joins open office only thing about us."

" I think there ought to you know there's a lot of interest in open office -- around the -- there. Brazil and Germany India and China they really don't want to pay a borrow money from Microsoft office frank which is the big cache for the company unlike. People confuse that mean I'm confused that windows is the big -- our passion. Office -- most money for them saw the open source effort basically targeting. That cash -- right now when there's the guru office funds. Has its own version of you know that's -- so IBM brings a lot of credibility in the enterprise."

" I use open office for quite a long time I've always really enjoyed it. The only issue sometimes when I'm dealing with other clients customers that are used to doing the open office format but it's nice to see it spreading in and taking on a little bit of of whom I guess we'll have to see how Microsoft response to that."

" Right moving along be the number it's he had picked like for the these kids. The illegal wiretaps by Telecom. Operators are divorced yeah. If you from the government. You must have part of our. A lot of and qwest also are hoping. You know. That's right."

" They turned over their their call logs over to the government when they were requesting these blogs without. Warrants and without you know the alleged wiretapping. Program."

" In -- the the -- Unita leader so wasn't that part of the Patriot Act."

" I think it's complete BS because here's the issue of meaning that there's no way in hell should the telecoms -- immunity for this kind of stuff. The Fourth Amendment protects people from unreasonable search and seizure by the government right. And by keeping the telecoms. On the hook it prevents them from going over to the government whenever the government seized unconstitutionally -- if you look at telecoms off the hook. There's no checks and balances against the the government agencies are asking for these things. That's kind of how I feel about this we'll see if congress when they return back from recess has enough. Baltic -- stand up to telecoms and sent up to the previous government officials try to push this through."

" Can we keep we keep tabs on this and I think. This is a big story which can get much attention."

" And we should keep an idea it's a big issue but I mean that I have to that you motor -- and an iPhone selling a million unit definitely important. Story number two hit finest Ericsson partners with the earth institute they're going to get wiring. You know a couple of hundred villages and in Africa and I love listening art institute comes out of Columbia my alma mater. Right I think this is back."

" A great move it's not as much of our -- if some are providing connectivity right. I have seen personally whenever into India like Howell a single cell phone can transform communities. It's not about being commanders just being able to connect and recharged when the people right and I think that has a very profound impact I would -- the margins in the past. In Africa for instance because. Then there is no cross barter money transfer mechanism for people who figured out that they can trade minutes by buying prepaid called -- minutes and they started creating so it actually led to innovation -- from the ground out and you know in in India saw this this is like a really fascinating story I was not very. There was an ATM machine on a -- leg I'd never seen any -- your machine in the big city. Are you could just put in your card -- US issued Citibank card and -- our money right off on the vote and I was like why. Pretty cool because it was connected through a cell phone network right and we elect a real -- part of the country street pretty impressive."

" I think this will hopefully have a bigger impact than the hundred dollar laptop in terms of improving. Rule and Third World country economic development technological development --"

" Who yeah I think -- voice command Q would he is important but related to whenever they out of nineteen number are far it. He won't you know the laptop right you know you know let's just leave it for another day Friday. For our number one -- of the -- is in need Lanka's Barcelona it's forced. Quarter core chip which is going to be used initially. In servers and some days it might show up in your best."

" Fred is a big deal for MD they've been falling behind the market from Intel. Where they had kind of had a surprise move back to me in a few years ago."

" 20032000. Is when -- launch Opteron which was a dual core chip and they really gave them that they did. It's especially in these are words face and and then -- I've been kind of has basically. Been pummeling me and you don't include being pummeling them for a long time but. Things are pretty you know it's difficult for AMP or loss to yes right now appears. And they're betting that Barcelona brings them."

" Back and everybody is talking about what a big deal this going to mean I actually think then said as being their comeback this is actually another fumble on their part."

" I think it's like -- it's taken me nine in the casinos you -- positive daughters laugh. You gonna ban it all on one chip it's that kind of."

" They move production deadlines they should've gone out of earlier and now what's the point because Intel also has the same kind of chip coming out right on their heels is not."

" Exactly this seems like very similar similar -- The difference is nom that find -- sort of extend a big deal because it's a big market. You have servers you set a bar code coding to 35 million so much. And if you believe the video's gonna grow and groove then and in Iraq the solar demand -- the -- product -- processor demand. Is going to increase now unlike the desktop processors which are between 150 to 250 dollars. These are a positive and higher freight -- daughters -- K -- so if are those 25 million if Indy can pick up a market. -- like you to be in like a 1000002 million so it's a lot of money is still a lot of money I mean it's the kind of money which conceivably come today campaign."

" I think the name of the game is you know AMD's focusing on efficiency of their processors whereas Intel's going on speed so we'll see who wins out."

" And there's also the other aspect of of the Barcelona is back. AMD's pushing focus on floating point right and which is very kind of into laughter lagged some -- so by doing that they're actually saying we're gonna get designers to supercomputers. And even higher end machines that should stop people -- who we are using right I took back kind of gives them. A little bit I think it's actually a good strategy for the company they just forgot about the consumer market. And just stay focused on this oversight of the business we'll stay tuned and see what they have to say about that and I guess that they have by the united really -- after that I used to get -- reporter and you know it's kind of interesting to see this. You know happening because I'm really sick and tired of seeing like frivolous. You know he'd actually companies getting on the detention -- The year technology -- on infrastructure yes that is correct site so -- would be back with our guest max selection of slide. We talked -- the barred from up 20 and Ajax and all those little things and all the widgets that we'll be back."

" Hi welcome back in today's guest is max let's and CEO of slide. Cofounder of PayPal and entrepreneur extraordinaire and Philip and I thank you for joining us and that does cost them. Hello hello. So you didn't really -- this plant lately I've been you know tons of great reports is going. If you're making there was a sense that. -- it is getting a lot of coverage geyser. Taking the widget market by storm and doing great amount of work in that field but there's a lot of people asking how do which accompanies me -- So what is it. Your plan was sliding and how are you planning an interest in those detractors."

" So the easiest way to think about. Widgets. Broadly is it just kind of TDs that live on what it looks just like don't you just live and elevators when you're going up and down your share capital -- something that's telling you. Adequate and whether or you know whatever the latest mortgage rates so. A lot of us -- for example slide hands. And it really does in fact that are actually know -- but what I do know is that we have about. -- fifteen million people unix monthly rental. That's got to where bluntly to people let's get their message out there. It's a -- likely the most powerful media broadcasting system but. We have problems integrating advertising into the system that people say hey we don't want advertising which it. So liberty tried. We're already started down that path in the first steps we've taken are very very careful and very very be like. But we have done is we've allowed users to choose a brand they're willing to represent. For example. They could promote the Bratz movie campaign annualized movie and if it -- it that. The reasons works so this this works tirelessly and the reason it does because it's voluntary. Of cultures -- usually complains that they have regional pointedly chose to themselves but more importantly. The creator of your pre issue is high enough where if just one or 2% -- creators. Actually say -- write him. I'm gonna represented brand it's so many viewers that is -- in fact actually over feels the -- is we've -- impressions have faster than we want great. -- that campaigns which are currently -- slide. So who. I think we're actually -- between campaign that was signed several very major advertisers media that Nebraska in it which was essential trial campaign. And the first campaign things and it. 917. The first major one we currently are. Posting some campaigns though. Are these applications which is another serve. He's -- world doesn't like Nicole. Widgets it's in terms there. And so our -- and FaceBook are probably you know girls would do very well affect the top -- that -- at. And aptly named top friends -- think that. So we're actually are running some -- there right now promoting mostly other applications FaceBook which is the current the --"

" Just to clarify things do you plan to split of revenues for the networks you're running. -- Richard on -- is it is is that a special kind of agreement you guys that I know. MySpace ran into some issues with for the market and you know -- you mentioned are resolved by them quite what about that but."

" May I ask -- and took out FaceBook and."

" So I think it -- the Patrick you know basically it's just play -- Indicated confidence you have little spot that someone else's job and you make money from -- often have to pay rent. And so yet every time we have a campaign right on widgets. We have to negotiate revenue split with network ports running. With the exception of FaceBook which has served thrown gauntlet down trying to attract people -- flight to build enough testing most exciting apps by actually saying you get to keep percent. So the revenues -- hard for -- there for them wearing. In the telling -- but I think it it'll sort itself out. Through market because right now it's even though -- 100% for -- makers Euro for FaceBook. There are restrictions as to where you can -- so effectively if we the locations and -- it's probably not quite figured a hundred it's actually. Something like 5050 this happened site known on but it's officer of so over time. There will be market forces both internal FaceBook or people say well how -- we can't advertise there. It'll be worth -- for -- at a certain point. Moreover external forces such as MySpace and Bebo and all the other companies presumably one of these things -- people here with -- here's here's how we're going to handle this. Would influence the pricing outside their networks. And creating more."

" Max one thing which have noticed is there's this -- is among the hype around FaceBook -- lot of attention are media coverage. And he never did the other he's slightly different you get scared you you would think that MySpace is. Stop growing in people's properly and then Christians are growing. I mean you clearly have firsthand data on it. Give us a sense of -- what is the hype and what is the reality and you know how are these two boards very different."

" It's not just who -- laws notes there is MySpace which is still. The US user. Gold mine. If your MySpace that's the act with. There's FaceBook which is definitely the rocket ship in terms of growth and impeachment -- If -- which is where you have to go if you want UK and to use Russert thank you Pastor -- relative to all the -- five which you know. If you're of the strategy approval on anything or everywhere that doesn't speak English. Hands on us for those who did it it's not quite the world of watts of -- me they just yet now these look I think. Just -- gets a lot of praise and a lot of attention. Trees into the -- from one. Primarily because. They have figured out the boundaries of their relationship. A platform or social -- from must have. This developer base to pre teen and for the creek valley themselves. While letting it ecosystem actually flourish and make but ultimately. The -- universe. -- a -- that funny but there's a permanent that are going on within hype. Where in a MySpace is the arguably oldest most successful which it often they've been around cranking out hundreds of millions of widgets per month. Plus icon hello Randy from animated gifts to the -- and glitter of the world it's it's been forever but it's the step that. FaceBook took. That has been very difficult for everyone else to take so far they said well. Widget makers are welcome or -- makers are welcome moreover. We're gonna give you reason to stick around I can make -- hand. I think that's the fundamental cause for the hype although a much for the -- ever really quite the right."

" So you're facing your -- with FaceBook it looks like that's where -- developments I'm going to ask a question that's been changed direction a bit so -- look at LC. In -- run by mark Zuckerberg very young hot entrepreneur right now on the -- personally to what you were back in the day when your PayPal and I just finished reading a -- PayPal wars that talked a lot about you know what went on back in the day. And reviewed a lot of history there's so. What is your advice to young much triggers we're dealing with investors and and one on how to really maintain controller -- a way that marks -- Zuckerberg did very successfully. Now you're still is a little bit different but you know what's the advice would you give to people where. In messages and their young companies when they want to -- owner John with really big guys."

" So complex question it is. There's a bunch of real -- that you can filings that are I was gonna you have to -- think of keywords that 50%. That it Hubert. He started the film. You have missed. So."

" I think the."

" It's nearly impossible to tell was going to happen to your company from the get -- right for every. Mark and for every. PayPal for like a better example. There's hundreds of companies that do very well I am not very well at all and the coach of the investment they have. Are complex and sometimes right sometimes wrong and an answer sort of stories so there. The probably best advice. You can do -- investor. I've given investors and -- which and in invest in people he ultimately army contract with someone. An investor. Asking a partner -- like it's my money -- operations center is basically saying. Are you gonna go the distance to secure not appoint the -- apple business model implies. Nine Taylor's own success has been a big enough to -- right there's no value and ten. But -- Yahoo! or Google. So that's the contract that the investor asked me to corner -- the less covered flip side is the same one of the entrepreneur looks the industrialized and it's recessed well. Yeah I really need is -- Austin. It is going but. I just don't know if I can we put that we're going on I would be very happy thirty. Don't do it optimistic figure out which would scrap that and that's ultimately we're 95%. Of the public's comfort right very rare that you have not prepared -- just goes the distance of where billion. Investors trying to him down and get the company so."

" I have heard from a lot of entrepreneurs that are pitching on aunts and who wrote that piece is costly ask them is this a hundred million dollar -- when really. Think you have to -- themselves thinks it's that thirty and I and they come up with a hundred telling a story just to do that I'll see here you know obviously -- with and that. I've been really impressed with the kind of -- that PayPal has spread across the valley. How did you guys do you have so many companies and again so all the people mom are doing great. Well we did drink a lot of stuff so that's -- I hate but that is the elixir of life them. Answered -- work."

" Actually here. You can get out and -- in effect -- That's -- that. Well you definitely have options that but it Israel's incidentally. So PayPal excellent -- It's a paper entrepreneur ethos. These are actively encourage you weren't there I don't -- It's tempting to -- was this big training class for everybody just replica. -- Campo got into and -- out whether entrepreneur that honest but really who's recruited people were re enter ergo we were pretty people really want to do. More pushed to limits go crazy. And once he's -- live through the four years of the matte brushed it PayPal was. You look outside public crap I could do this -- I'm gonna start my own. Ports."

" But -- the big issues. You know when you -- like. We have you know dancing around the issue is for us to follow. The PayPal -- is is also very strong right you guys have a support network which has actually have. I that you call investing so is it is that the one of the main reasons he's he's so -- powers there's dot com."

" definitely very healthy culture where there's a new company being started. It's essentially. Within the PayPal alarming over there's a little bit of -- involved where. You know -- office now partners sequoia and -- just -- founders fund. That invests in. Very very early stage companies you as an active investor or investors to effortlessly to the -- people were you know it's. It's not exactly difficult to send -- mass email to a bunch of people but. He's associate executive meetings they had im gonna do something get -- talk about it and that obviously an enormous amount of illusions that doesn't have to -- since I get back Amarillo."

" But this paper out example is also reflective of what's going on in the value right now. And his sense that. That seems to be under greater resistance to taking these money in the obesity and kind of going second round. His arms he's been -- he -- kind of crime -- The investors. -- lied to use why do you think that is when you say any course of stories. I mean from your perspective -- print on active -- selected camera."

" That would hurt or something but. Actually I think there's -- inflation Barbara I think it's a good trip. So the -- bush is having an excess liquidity there's lots of people in the last five years that are made a ton of money hand they have seen that the shortest path. If this continues to increase the personal network is private equity investments either through their sweats or three Angel. And there are qualified to Japan posted on -- so the way the back out of that problem is they say well I'm going to be like really know for example that news report to me at PayPal and only technology as early as well what do you know why he and his company. So sort of support. Now -- it exactly. The situation with a thirty million dollar company. Where the governor looks up and says you know packet particularly ill feeling and I'm very happy -- thirty million dollars -- won't let alone he 5% of -- BBC don't really want it's just the wrong investment so the reason that there -- there's this. Network of investors that will pick those off and see them with quarter million dollar per 100000 dollars. -- great because what's going on those people are filtering the investment for venture -- time the entrepreneur gets in front of some heavyweight EC on Tampa wrote. They have -- or he can. The I'm smoking in 1000 dollars and maybe okay big and have decided I am going to reveal the for the big job. Or they're just that both of them you know what I don't really want to take 300000 dollars. Because that implies necessarily any. Some one personally feel -- I'm gonna go for the ten million dollar around right now and that better point of being under. How have you -- it. Roughly a dozen a dozen and which -- even more depressed that he is that they can advocate writing placated angry. And return on anything. Which. I think the I have been very. -- these -- them -- it's like her information put them so you'll I think that he had a couple very well. Done both -- we're gonna go a little bit and the parties. -- Yelp has been the most useful website and its effect Francisco I must admit you and then and they gave birth. You get any information that I know about and parts. So I'm I'm very happy that I have a good deal I'm still. Having something to it and I injured and it. I think that's probably the one that most involved with. Few years ago he sued the company -- an old call -- buy bonds which has been very old very different are very. Or scale of crazy homeless rating and it did well. I've recently he a couple of companies that should talk about but there really exciting for -- on top."

" Allotted by yeah. Scotch. On sort of argument jumping on the -- I mean I'm sorry do and that's the -- so. I saw it coming -- Jump on the -- value is just prompting. You know I was -- has given -- the science -- hey before -- ago. I want to -- five questions for you -- and I guess what I think that's the spirit so -- questions FaceBook -- at Barnard on the go public you public. How much ten million -- that open it varies a lot how do you think that. Okay that doesn't happen it's senator -- At ten million. Yeah I think 35 degrees and I. What is your favorite -- right now knocks life."

" C'mon you're pictured takes an -- also analysts -- an investment that's."

" Okay."

" He."

" We the past -- and and next Jesus at -- are you -- (%expletive) I'd like he's pretty I have one thing kind of widgets and I know on -- rated -- potato it's the same thing on FaceBook a lake. And actually are not Zuckerberg and so I can say and call them all printers. Laughter I originally released her and I am -- escape again and -- from last question. House of poker game."

" Oh boy if I won't."

" But that's not what I heard. And the extra mile to the mindset that I."

" And check it out right so much for -- accidentally sort of interest. Welcome back I'm Joyce I'm. And we're about to jump right into the viewer comments so in response to last week's discussion about -- plus plus. -- Scottsdale Arizona writes and I want to point out another big reason for a blocking ads they can slowdown reloading the page and hang it up completely. I think it adds are displayed the page on a better make sure the provider isn't dragging the -- down."

" Excellent point I think that happens so often. It's happened on our sites and -- can be very annoying."

" I think what the ad servers need to learn to do is you know speed up otherwise they're going to (%expletive) off everybody in the ad blocking software -- continue to grow up bright and they need to regarded new interest in me is."

" you know. Advertising not just mutual. He knows that -- news. Formats go beyond that innovative right."

" And move on our second email is from Christos who -- and -- being a lawyer. Can we touch on more legal issues that involve Texas just fair play -- and in such. So I'll -- my best to continue to add or increase the amount illegal announced that I put in my back friends actually knocked out of IP which is all the topics that you mentioned here Christos but. A more but corporate lawyers I do financings and merger and acquisition spelled -- what I can tent. For more information to you guys from a legal background."

" I have a very simple arms into this idea. That that's it he would. But he'd be back next week good -- has more headlines and more interest in stories affect. -- week."

" Support for the -- got home she though he's provided by jangled."