1 00:00:00,000 --> 00:00:05,000 This podcast is brought to you by Poncho and GoDaddy. 2 00:00:05,000 --> 00:00:10,000 The show will give you a special code to get great discounts at GoDaddy.com. 3 00:00:10,000 --> 00:00:12,000 Got something to say? 4 00:00:12,000 --> 00:00:15,000 Walk it with your frequent log from GoDaddy. 5 00:00:16,000 --> 00:00:20,000 The show will give you a special code to get great discounts at GoDaddy.com. 6 00:00:20,000 --> 00:00:23,000 Whereup? 7 00:00:23,000 --> 00:00:25,000 Delta. 8 00:00:25,000 --> 00:00:26,000 Serator. 9 00:00:26,000 --> 00:00:28,000 Five, eight, nineer. 10 00:00:28,000 --> 00:00:35,000 In a world where TV networks, movies, studios, and record labels still think they can govern what you see in here. 11 00:00:35,000 --> 00:00:42,000 One man has the power to return control of entertainment to the masses and make big media corporations 12 00:00:42,000 --> 00:00:45,000 wet their tiny little pants. 13 00:00:45,000 --> 00:00:54,000 From Poncho, polled up the world's most dangerous new content comes the daily source code with Adam Curry. 14 00:00:54,000 --> 00:00:59,000 With $16 million worth of airplane strapped to my ass. 15 00:00:59,000 --> 00:01:03,000 Do the next generation radio content in my ears. 16 00:01:03,000 --> 00:01:05,000 We don't need no sticky drinks. 17 00:01:05,000 --> 00:01:08,000 I like to think I'm flying into this jerk. 18 00:01:09,000 --> 00:01:10,000 Autistic. 19 00:01:10,000 --> 00:01:12,000 It's Adam Curry. 20 00:01:12,000 --> 00:04:13,000 [ Music ] 21 00:04:13,000 --> 00:04:19,000 Something about the hand flap, it's almost like a child girl. 22 00:04:19,000 --> 00:04:22,000 Just face. 23 00:04:22,000 --> 00:04:29,000 Arthur Eurea, someone like you just is lonely. 24 00:04:29,000 --> 00:04:34,000 This guy's got a whole mess of songs in the pod save music network. 25 00:04:34,000 --> 00:04:39,000 And I listen to every single one of my, I think I added at least three to them to my special playlist 26 00:04:40,000 --> 00:04:42,000 because they're all just that good. 27 00:04:42,000 --> 00:04:44,000 Hey everybody, how you doing? 28 00:04:44,000 --> 00:04:51,000 It's a daily source code coming to you from the Curry Condo in Northern California, San Francisco, California. 29 00:04:51,000 --> 00:04:54,000 It's episode number 589. 30 00:04:54,000 --> 00:04:57,000 And man, what an odd deal to get ready for the show these days. 31 00:04:57,000 --> 00:05:06,000 So I'm so definitely afraid of the headphone earlobe that I actually, I got to take a picture of this. 32 00:05:07,000 --> 00:05:15,000 I stick like gauze with medical tape underneath my earlobe so that the headphone just can't rub against the sensitive, my sensitive areas. 33 00:05:15,000 --> 00:05:18,000 You know what they are ladies, don't you? 34 00:05:18,000 --> 00:05:23,000 And I was thinking it's like I'm like I'm ramming a tampon in there and then hit me. 35 00:05:23,000 --> 00:05:25,000 That's actually what I need. 36 00:05:25,000 --> 00:05:27,000 The tampon will be a great idea. 37 00:05:27,000 --> 00:05:29,000 So tomorrow I'm going to try it. 38 00:05:29,000 --> 00:05:33,000 And I think I need like the, the obese won't work. 39 00:05:33,000 --> 00:05:35,000 It has to be like a tampax. 40 00:05:35,000 --> 00:05:38,000 It has to be, I don't have to do long enough, but just something like, 41 00:05:38,000 --> 00:05:43,000 and handy with a string I can wrap it around my ear so it'll stay in place. 42 00:05:43,000 --> 00:05:44,000 Oh my goodness. 43 00:05:44,000 --> 00:05:45,000 Good night. 44 00:05:45,000 --> 00:05:46,000 I'm my host. 45 00:05:46,000 --> 00:05:51,000 This is the right message service because this is a generic message. 46 00:05:51,000 --> 00:05:54,000 I'm Darren from Melbourne, Australia. 47 00:05:54,000 --> 00:05:57,000 I'm first time calling a long timelessness. 48 00:05:57,000 --> 00:06:01,000 Quick coming about your headphone in your ear infection. 49 00:06:01,000 --> 00:06:06,000 There's just a good chance that there's a bunch of bacteria on the headphone care. 50 00:06:06,000 --> 00:06:11,000 And you just get some effect of those different things in life. 51 00:06:11,000 --> 00:06:13,000 And keep them, completely clean. 52 00:06:13,000 --> 00:06:15,000 And then you might not have much more. 53 00:06:15,000 --> 00:06:16,000 Okay. 54 00:06:16,000 --> 00:06:18,000 So it's over here. 55 00:06:18,000 --> 00:06:19,000 All right, man. 56 00:06:19,000 --> 00:06:20,000 All right. 57 00:06:20,000 --> 00:06:21,000 First time call us or let you slide. 58 00:06:21,000 --> 00:06:24,000 It was just so nice to hear from somebody down under again. 59 00:06:24,000 --> 00:06:28,000 It dude, when you're driving your car or as you would say, 60 00:06:28,000 --> 00:06:31,000 when you're back in the youth, that's not a good time to call. 61 00:06:31,000 --> 00:06:33,000 It's very difficult to understand. 62 00:06:33,000 --> 00:06:34,000 But you made a good point there. 63 00:06:34,000 --> 00:06:38,000 And this is something Yvonne Patricia Sister even called to say. 64 00:06:38,000 --> 00:06:42,000 And she said, you know, you really got to disinfect these pads on the earphones 65 00:06:42,000 --> 00:06:46,000 because if there's any just dirt or bacteria or nastiness on it, 66 00:06:46,000 --> 00:06:48,000 that could be causing the problem. 67 00:06:48,000 --> 00:06:49,000 Absolutely. 68 00:06:49,000 --> 00:06:51,000 But right now, I'm way beyond that. 69 00:06:51,000 --> 00:06:52,000 You know, I've had pain. 70 00:06:52,000 --> 00:06:53,000 I've had suffering. 71 00:06:53,000 --> 00:06:57,000 I've had an operational procedure take place. 72 00:06:57,000 --> 00:06:58,000 Oops. 73 00:06:58,000 --> 00:06:59,000 Hold on a second. 74 00:06:59,000 --> 00:07:02,000 I can see the virus softwares scanning. 75 00:07:02,000 --> 00:07:04,000 That's not a good idea while you're recording. 76 00:07:04,000 --> 00:07:06,000 I never really caused any problems. 77 00:07:06,000 --> 00:07:09,000 But why invite Murphy into our lives, huh? 78 00:07:09,000 --> 00:07:11,000 So tampons. 79 00:07:11,000 --> 00:07:12,000 I'll try that. 80 00:07:12,000 --> 00:07:15,000 Now Arthur, you're a by the way from the Houston, Texas. 81 00:07:15,000 --> 00:07:16,000 Born in Chicago. 82 00:07:16,000 --> 00:07:17,000 Great stuff. 83 00:07:17,000 --> 00:07:18,000 Love it. 84 00:07:18,000 --> 00:07:19,000 It's a hand clap song these days. 85 00:07:19,000 --> 00:07:20,000 I'm not quite sure what it is. 86 00:07:20,000 --> 00:07:21,000 So I'm late. 87 00:07:21,000 --> 00:07:22,000 It is now. 88 00:07:22,000 --> 00:07:23,000 What is it? 89 00:07:23,000 --> 00:07:24,000 It's 1215. 90 00:07:24,000 --> 00:07:26,000 Very late for me to be doing the show. 91 00:07:26,000 --> 00:07:27,000 It's been going so well. 92 00:07:27,000 --> 00:07:30,000 Of course, we have another, uh, savant. 93 00:07:30,000 --> 00:07:35,000 From my circle of savants as I end the Sultan of said savants. 94 00:07:35,000 --> 00:07:39,000 I'm going to talk about, uh, a very current topic. 95 00:07:39,000 --> 00:07:40,000 Uh, excuse me. 96 00:07:40,000 --> 00:07:42,000 Tylenol P.N. 97 00:07:42,000 --> 00:07:47,000 Check out unwind and GB's show sponsored by Tylenol at unwind.podshow.com. 98 00:07:48,000 --> 00:07:50,000 You will not regret it. 99 00:07:50,000 --> 00:07:51,000 To why am I late? 100 00:07:51,000 --> 00:07:54,000 Well, I've been promising for. 101 00:07:54,000 --> 00:07:56,000 Oh, man. 102 00:07:56,000 --> 00:08:01,000 Weeks that I would do a Skype interview with Eric Bergen. 103 00:08:01,000 --> 00:08:04,000 Um, who plays Bob Godio in Jersey Boys. 104 00:08:04,000 --> 00:08:08,000 Of course, uh, if you if you listen to the show, you know that he got me a ticket. 105 00:08:08,000 --> 00:08:09,000 I want to check out the show. 106 00:08:09,000 --> 00:08:10,000 I loved it very much. 107 00:08:10,000 --> 00:08:12,000 And now the things are runaway success. 108 00:08:12,000 --> 00:08:14,000 And I just can't say enough good things about it. 109 00:08:14,000 --> 00:08:15,000 Really enjoyed it. 110 00:08:15,000 --> 00:08:16,000 But we've never actually met. 111 00:08:17,000 --> 00:08:20,000 He does a podcast called Green Room Radio. 112 00:08:20,000 --> 00:08:22,000 And his mom does a scrap cast. 113 00:08:22,000 --> 00:08:25,000 She does a scrap book, um, podcast. 114 00:08:25,000 --> 00:08:27,000 And we've had a nice little email back and forth. 115 00:08:27,000 --> 00:08:29,000 But he really wanted to interview me for his show. 116 00:08:29,000 --> 00:08:30,000 And of course, I want to comply. 117 00:08:30,000 --> 00:08:34,000 But, uh, you know, he's working a night doing the show. 118 00:08:34,000 --> 00:08:37,000 And during the day, I'm working, you know, just to, you know, 119 00:08:37,000 --> 00:08:41,000 to sit down and and do a, and interview, it's just hard to schedule that. 120 00:08:41,000 --> 00:08:43,000 Particularly just when the other week's and out here is really busy. 121 00:08:43,000 --> 00:08:46,000 So he's been sick for the past couple days. 122 00:08:46,000 --> 00:08:50,000 He's actually been, uh, performing every single night for six months. 123 00:08:50,000 --> 00:08:51,000 I think something like that. 124 00:08:51,000 --> 00:08:55,000 And to some of he's, he had a throat ache and bronchitis. 125 00:08:55,000 --> 00:08:56,000 And he wasn't feeling well. 126 00:08:56,000 --> 00:08:58,000 So he, he took some time off and he deserved that. 127 00:08:58,000 --> 00:09:01,000 And so yeah, so you know what, why don't you call me around nine o'clock. 128 00:09:01,000 --> 00:09:02,000 I was working on all kinds of stuff. 129 00:09:02,000 --> 00:09:05,000 We have a board of directors meeting tomorrow or today. 130 00:09:05,000 --> 00:09:08,000 Actually, when you're hearing this, you know, we always look forward to that. 131 00:09:08,000 --> 00:09:10,000 It's a great moment for us to check ourselves. 132 00:09:10,000 --> 00:09:15,000 So we're going through, uh, through our regular, uh, quarterly procedure. 133 00:09:15,000 --> 00:09:16,000 So it's busy. 134 00:09:16,000 --> 00:09:19,000 I said call me nine, um, and he does. 135 00:09:19,000 --> 00:09:21,000 And we talk for an hour and a half. 136 00:09:21,000 --> 00:09:23,000 And I did know he wanted to do like, it's like, it was like, 137 00:09:23,000 --> 00:09:27,000 it was almost as if we were doing an episode of this is your life. 138 00:09:27,000 --> 00:09:31,000 But I kind of got into it, you know, and of course it was most of the energy that I intended 139 00:09:31,000 --> 00:09:34,000 on spending on this show and it went into that interview. 140 00:09:34,000 --> 00:09:37,000 But it was good at the questions and he really went back and he, uh, 141 00:09:37,000 --> 00:09:41,000 and he had done his research, his homework and, uh, I appreciate that. 142 00:09:41,000 --> 00:09:46,000 So, you know, we just talked and it was, and you know, he said he wasn't going to edit it. 143 00:09:46,000 --> 00:09:52,000 And, uh, we were just having a very nice conversation the way that it works in, in our medium. 144 00:09:52,000 --> 00:09:56,000 There's no rush, no rush for, you know, we don't have to hit any news break at the top of the hour. 145 00:09:56,000 --> 00:09:58,000 We ever bought it. 146 00:09:58,000 --> 00:10:04,000 And I told him, because, you know, I've been, I know what, so let me tell you what I told him. 147 00:10:04,000 --> 00:10:07,000 But look, I had an erotic dream and you were in it. 148 00:10:07,000 --> 00:10:11,000 And anyway, I just mentioned that, you know, me, I just mentioned that during the course of the interview 149 00:10:11,000 --> 00:10:13,000 and he kind of like brushed it aside. 150 00:10:13,000 --> 00:10:17,000 And the reason why, of course, is because I've had his name in my mind, you know, 151 00:10:17,000 --> 00:10:20,000 thinking about, I've got to hook up, you know, I, I, 152 00:10:20,000 --> 00:10:22,000 things I have to remember, I can put in my brain. 153 00:10:22,000 --> 00:10:25,000 I remember them, they bug me and they keep popping it in my head. 154 00:10:25,000 --> 00:10:28,000 So I was probably just having an erotic dream period. 155 00:10:28,000 --> 00:10:31,000 And then his name popped into my head, whatever. 156 00:10:31,000 --> 00:10:33,000 I don't know, he's not a bad looking guy. 157 00:10:33,000 --> 00:10:38,000 And I'm just salacious. 158 00:10:38,000 --> 00:10:42,000 So anyway, so we're near the end of this interview. 159 00:10:42,000 --> 00:10:45,000 And his girlfriend walks in. 160 00:10:45,000 --> 00:10:47,000 I would just, and he sent me this piece of the interview. 161 00:10:47,000 --> 00:10:51,000 So I'm sure it's going to be on green room radio soon or, or as soon as he edits it, 162 00:10:51,000 --> 00:10:53,000 I'm not quite sure what he's going to do with it. 163 00:10:53,000 --> 00:10:56,000 I'll put a link to that in the show notes of daily source code.com. 164 00:10:56,000 --> 00:11:00,000 But here's how the interview ended when his girlfriend answers. 165 00:11:00,000 --> 00:11:03,000 Oh, actually, he's knocking on the door. 166 00:11:03,000 --> 00:11:06,000 I guess she doesn't have a key. 167 00:11:06,000 --> 00:11:12,000 And well, listen, you'll have, you'll have some fun with this. 168 00:11:12,000 --> 00:11:14,000 Sorry about that man. Go ahead, what were you saying? 169 00:11:14,000 --> 00:11:16,000 You got a booty call, didn't you? 170 00:11:16,000 --> 00:11:18,000 I was my girlfriend walked in. 171 00:11:18,000 --> 00:11:21,000 Told you, booty call. 172 00:11:21,000 --> 00:11:25,000 Is she, is she moved with you for, is she goes with you? 173 00:11:25,000 --> 00:11:26,000 Travels with you? 174 00:11:26,000 --> 00:11:29,000 She's in the show. You saw her. She plays Franky's wife. 175 00:11:30,000 --> 00:11:32,000 Oh, man. 176 00:11:32,000 --> 00:11:34,000 She was in my dream too. 177 00:11:34,000 --> 00:11:36,000 She was, you were an Adam Curry's dream. 178 00:11:36,000 --> 00:11:37,000 Yeah. 179 00:11:37,000 --> 00:11:38,000 Yeah. 180 00:11:38,000 --> 00:11:39,000 Yeah. 181 00:11:39,000 --> 00:11:41,000 But so you Eric, so I don't want to know about him. 182 00:11:41,000 --> 00:11:43,000 No, no, no, no, no. 183 00:11:43,000 --> 00:11:44,000 Oh God. 184 00:11:44,000 --> 00:11:45,000 Tell her, tell her, tell her. 185 00:11:45,000 --> 00:11:49,000 I told her, you were, you were in the dream. 186 00:11:49,000 --> 00:11:50,000 Put her on. 187 00:11:50,000 --> 00:11:52,000 She's coming, come here. 188 00:11:52,000 --> 00:11:53,000 What's her name? 189 00:11:53,000 --> 00:11:54,000 Jackie. 190 00:11:54,000 --> 00:11:57,000 All right, you can, you can hear? 191 00:11:57,000 --> 00:11:58,000 Hey Jackie. 192 00:11:58,000 --> 00:11:59,000 Yes. 193 00:11:59,000 --> 00:12:03,000 First of all, I loved you in the show. 194 00:12:03,000 --> 00:12:05,000 Oh, thank you. 195 00:12:05,000 --> 00:12:07,000 And listen, how good is this? 196 00:12:07,000 --> 00:12:08,000 Am I slick or what? 197 00:12:08,000 --> 00:12:11,000 What I forgot to say is, I really enjoy your work. 198 00:12:11,000 --> 00:12:13,000 Because that's what that, that's show business. 199 00:12:13,000 --> 00:12:16,000 I forgot to say that part, but I really loved you in the show. 200 00:12:16,000 --> 00:12:18,000 I mean, so I'm getting ready. 201 00:12:18,000 --> 00:12:19,000 Really? 202 00:12:19,000 --> 00:12:24,000 Well, I'm sure you heard it, but I was so blown away by just by everything. 203 00:12:24,000 --> 00:12:27,000 Really, but you guys were fantastic. 204 00:12:27,000 --> 00:12:33,000 And I just wanted to make sure you understood that I had this really weird erotic dream 205 00:12:33,000 --> 00:12:34,000 about you. 206 00:12:34,000 --> 00:12:39,000 And I didn't even know that you were a couple. 207 00:12:39,000 --> 00:12:41,000 And it was really sexy. 208 00:12:41,000 --> 00:12:42,000 Adam, I'm curious. 209 00:12:42,000 --> 00:12:45,000 You have to tell me details immediately. 210 00:12:45,000 --> 00:12:47,000 Would you be in that kind of thing? 211 00:12:47,000 --> 00:12:48,000 Immediately. 212 00:12:48,000 --> 00:12:53,000 Now, did you just hear what I heard? 213 00:12:53,000 --> 00:12:57,000 Maybe the Skype connection wasn't good, but let me just replay that last little bit. 214 00:12:57,000 --> 00:12:58,000 Would you be into this kind of thing? 215 00:12:58,000 --> 00:13:00,000 And she says immediately. 216 00:13:00,000 --> 00:13:01,000 I mean, tell me I'm wrong. 217 00:13:01,000 --> 00:13:02,000 I'm curious. 218 00:13:02,000 --> 00:13:05,000 You have to tell me details immediately. 219 00:13:05,000 --> 00:13:07,000 Would you be in that kind of thing? 220 00:13:07,000 --> 00:13:08,000 Immediately. 221 00:13:08,000 --> 00:13:09,000 Wow. 222 00:13:09,000 --> 00:13:11,000 I might get upset, but I definitely want to know. 223 00:13:11,000 --> 00:13:13,000 So we're going to be in LA. 224 00:13:13,000 --> 00:13:16,000 Maybe we could all kind of hook up in Los Angeles. 225 00:13:16,000 --> 00:13:17,000 Absolutely. 226 00:13:17,000 --> 00:13:18,000 That'd be fantastic. 227 00:13:18,000 --> 00:13:20,000 And I could tell you about my dream. 228 00:13:20,000 --> 00:13:21,000 Yes. 229 00:13:21,000 --> 00:13:24,000 I guess we can't do that now or be a whole different kind of show. 230 00:13:24,000 --> 00:13:25,000 Oh, man. 231 00:13:25,000 --> 00:13:27,000 I'm going to have to... 232 00:13:27,000 --> 00:13:30,000 Eric, you got to send me this recorded me because this is kind of like my show. 233 00:13:30,000 --> 00:13:31,000 No, I love this. 234 00:13:31,000 --> 00:13:32,000 This is rare. 235 00:13:32,000 --> 00:13:33,000 This is... 236 00:13:33,000 --> 00:13:35,000 I'm going to use my mother calling in with something. 237 00:13:35,000 --> 00:13:36,000 Oh, wait. 238 00:13:36,000 --> 00:13:38,000 I'm going to reveal that that's just awkward. 239 00:13:38,000 --> 00:13:39,000 No, no, no. 240 00:13:39,000 --> 00:13:41,000 We don't want mom getting in the way. 241 00:13:41,000 --> 00:13:42,000 Yeah. 242 00:13:42,000 --> 00:13:43,000 God. 243 00:13:43,000 --> 00:13:46,000 Adam, I need to go now. 244 00:13:46,000 --> 00:13:47,000 Oh, man. 245 00:13:47,000 --> 00:13:49,000 You are so new to show business. 246 00:13:49,000 --> 00:13:50,000 No, I'm not. 247 00:13:50,000 --> 00:13:51,000 You mean... 248 00:13:51,000 --> 00:13:53,000 You're just having me now as when the show gets interesting? 249 00:13:53,000 --> 00:13:54,000 No, but didn't you get the handbook? 250 00:13:54,000 --> 00:13:58,000 It's like we're all supposed to like sleep around together and stuff and do drugs. 251 00:13:58,000 --> 00:14:00,000 And that's kind of what you're supposed to do in show business. 252 00:14:00,000 --> 00:14:02,000 That's just me, man. 253 00:14:02,000 --> 00:14:03,000 I don't know. 254 00:14:03,000 --> 00:14:04,000 This... 255 00:14:04,000 --> 00:14:05,000 This all has to go through Frankie Valley. 256 00:14:05,000 --> 00:14:06,000 Yeah, go Jackie. 257 00:14:06,000 --> 00:14:07,000 Did you hear Jackie in the background? 258 00:14:07,000 --> 00:14:08,000 It's the scene, man. 259 00:14:08,000 --> 00:14:09,000 Oh, yeah. 260 00:14:09,000 --> 00:14:10,000 Look. 261 00:14:10,000 --> 00:14:13,000 It's like we're all supposed to like sleep around together and stuff and do drugs. 262 00:14:13,000 --> 00:14:15,000 And that's kind of what you're supposed to do in show business. 263 00:14:15,000 --> 00:14:16,000 That's just me, man. 264 00:14:16,000 --> 00:14:17,000 Yeah. 265 00:14:17,000 --> 00:14:18,000 I don't know. 266 00:14:18,000 --> 00:14:21,000 And this all has to go through Frankie Valley first. 267 00:14:21,000 --> 00:14:22,000 Yeah. 268 00:14:22,000 --> 00:14:25,000 I have to contact Frankie regarding everything. 269 00:14:25,000 --> 00:14:26,000 Okay. 270 00:14:26,000 --> 00:14:27,000 We'll give him my regards. 271 00:14:27,000 --> 00:14:28,000 I will. 272 00:14:28,000 --> 00:14:29,000 All right. 273 00:14:29,000 --> 00:14:35,000 So this show is so successful that now the San Francisco cast after they're... 274 00:14:35,000 --> 00:14:37,000 The show is going until September 30th. 275 00:14:37,000 --> 00:14:39,000 So new cast is coming here. 276 00:14:39,000 --> 00:14:41,000 And then this cast is going to Los Angeles. 277 00:14:41,000 --> 00:14:45,000 And so Jackie and an Eric will be there. 278 00:14:45,000 --> 00:14:47,000 And of course we've got business in Los Angeles. 279 00:14:47,000 --> 00:14:50,000 I hope after Friday we may have a... 280 00:14:50,000 --> 00:14:51,000 Well, you should listen to Green Room Radio. 281 00:14:51,000 --> 00:14:54,000 I talk about that a little bit in the show as well. 282 00:14:54,000 --> 00:14:56,000 So again, we have a Savand coming up. 283 00:14:56,000 --> 00:14:57,000 We're going to be talking about a... 284 00:14:57,000 --> 00:14:59,000 A news item. 285 00:14:59,000 --> 00:15:00,000 Okurant. 286 00:15:00,000 --> 00:15:03,000 But first, I wasn't even going to play this. 287 00:15:03,000 --> 00:15:08,000 You know, Tokyo Dan called in a couple days ago, beginning of the week. 288 00:15:08,000 --> 00:15:12,000 Basically complaining about two things about the positive music network. 289 00:15:12,000 --> 00:15:15,000 And it's right that, you know, 290 00:15:16,000 --> 00:15:18,000 our transaction system is weak. 291 00:15:18,000 --> 00:15:21,000 But of course, you know, we are giving all the money to the artist. 292 00:15:21,000 --> 00:15:23,000 And it was the best thing we had at the time. 293 00:15:23,000 --> 00:15:26,000 And we really shouldn't review that and look at... 294 00:15:26,000 --> 00:15:28,000 Look at something new there. 295 00:15:28,000 --> 00:15:31,000 And he also said, our search sucked. 296 00:15:31,000 --> 00:15:32,000 Just true. 297 00:15:32,000 --> 00:15:33,000 But we're also working on that. 298 00:15:33,000 --> 00:15:35,000 But it was a little bit of fence within me. 299 00:15:35,000 --> 00:15:38,000 Because he said, you know, we've built this on the backs of the artist. 300 00:15:38,000 --> 00:15:40,000 And now we have enough content. 301 00:15:40,000 --> 00:15:41,000 Now we're fucking them. 302 00:15:41,000 --> 00:15:42,000 We don't care anymore. 303 00:15:42,000 --> 00:15:43,000 And that's such horseshit. 304 00:15:43,000 --> 00:15:45,000 So, wasn't going to play his reply to that. 305 00:15:45,000 --> 00:15:49,000 Word not for a brand new listener who called in to respond to Tokyo Dan. 306 00:15:49,000 --> 00:15:52,000 So here's his second comment, which not really focuses on the money. 307 00:15:52,000 --> 00:15:56,000 And then right after that, you'll hear the, a new listener from the Bay Area, 308 00:15:56,000 --> 00:15:58,000 who's, who's, who's raising with his comments. 309 00:15:58,000 --> 00:16:01,000 And some really smart, nice ones too. 310 00:16:01,000 --> 00:16:02,000 Hello, Adam. 311 00:16:02,000 --> 00:16:04,000 Tokyo Dan again. 312 00:16:04,000 --> 00:16:06,000 How's your headphone earlobe? 313 00:16:06,000 --> 00:16:10,000 Well, I must got microphone mouth because I still have some things I want to say 314 00:16:10,000 --> 00:16:15,000 and response to your comments about my feedback on DSC587. 315 00:16:15,000 --> 00:16:19,000 I agree that the pod show plus music section has really been upgraded, 316 00:16:19,000 --> 00:16:21,000 but for listeners. 317 00:16:21,000 --> 00:16:24,000 And we all know that advertising dollars chase audience. 318 00:16:24,000 --> 00:16:28,000 But on the other hand, what's good for listeners is probably good for the artists. 319 00:16:28,000 --> 00:16:31,000 Therefore, the artists are getting a lot of spins. 320 00:16:31,000 --> 00:16:35,000 But are these spins actually turning into dollars for the artists? 321 00:16:35,000 --> 00:16:38,000 There's probably no way to tell, but I wonder. 322 00:16:38,000 --> 00:16:42,000 Maybe the most popular artists on the PMN are selling some CDs, 323 00:16:42,000 --> 00:16:45,000 but I'm concerned for the artists that aren't so popular, 324 00:16:45,000 --> 00:16:48,000 but still have some fans that like to buy the artist's music. 325 00:16:48,000 --> 00:16:51,000 And for a lot of non-Engly speaking artists, 326 00:16:51,000 --> 00:16:54,000 the PMN is the only way for them to easily, 327 00:16:54,000 --> 00:16:57,000 and the keyword is easily, sell their music digitally, 328 00:16:57,000 --> 00:16:59,000 to listeners in other countries. 329 00:16:59,000 --> 00:17:03,000 But if the artists can't easily get the money that they are owed from the PMN, 330 00:17:03,000 --> 00:17:07,000 then there's no incentive for them to put their music on the PMN. 331 00:17:08,000 --> 00:17:10,000 This leads to my last comment. 332 00:17:10,000 --> 00:17:13,000 The one I made about you are not caring about the artist 333 00:17:13,000 --> 00:17:16,000 since you successfully built the Pod Show Empire. 334 00:17:16,000 --> 00:17:20,000 Well, maybe I was harsh, and if I'm wrong, then I'm sorry. 335 00:17:20,000 --> 00:17:22,000 But you have to think how it appears to me. 336 00:17:22,000 --> 00:17:26,000 I have seen no progress on the Pod Safe Music Network for ages. 337 00:17:26,000 --> 00:17:29,000 Maybe there's a lot going on behind the scenes, 338 00:17:29,000 --> 00:17:32,000 but it's not apparent to podcasters and artists who have been 339 00:17:32,000 --> 00:17:34,000 dilling of the PMN for a long time. 340 00:17:34,000 --> 00:17:38,000 And in me, it seems that you haven't teased for gotten about the artist. 341 00:17:38,000 --> 00:17:39,000 And I can back this up. 342 00:17:39,000 --> 00:17:42,000 Go back and listen to DSC498. 343 00:17:42,000 --> 00:17:45,000 On that show, we're comments similar to mine about the problems 344 00:17:45,000 --> 00:17:48,000 involved in artists getting their money out of the PMN. 345 00:17:48,000 --> 00:17:53,000 The comment was made by an unhappy manager of a popular ban on the PMN. 346 00:17:53,000 --> 00:17:55,000 Well, I contacted that manager, 347 00:17:55,000 --> 00:17:58,000 and we sent a few emails to the Pod Show about the problem, 348 00:17:58,000 --> 00:18:00,000 but nothing ever happened. 349 00:18:00,000 --> 00:18:02,000 So there you go. 350 00:18:02,000 --> 00:18:04,000 Oh, and I'm not sure about this, 351 00:18:04,000 --> 00:18:07,000 but we might have contacted PW about this also, 352 00:18:07,000 --> 00:18:09,000 since that ban made his theme song, 353 00:18:09,000 --> 00:18:12,000 and PW has a direct route to you. 354 00:18:12,000 --> 00:18:13,000 Well, I want to say more, 355 00:18:13,000 --> 00:18:18,000 but the microphone mouth is getting the best of me, so I'll leave it at that. 356 00:18:18,000 --> 00:18:20,000 Hi, my name's Pam. 357 00:18:20,000 --> 00:18:23,000 I'm a listener from the Census of Aary. 358 00:18:23,000 --> 00:18:26,000 I was just listening to the ESC and Pod Get In, 359 00:18:26,000 --> 00:18:28,000 and I'm about the PMN. 360 00:18:29,000 --> 00:18:32,000 So my understanding was that the Pod Show Music Network 361 00:18:32,000 --> 00:18:37,000 was all about artists making music available 362 00:18:37,000 --> 00:18:43,000 to Pod Cats to be able to play those music. 363 00:18:43,000 --> 00:18:45,000 And from my perspective, 364 00:18:45,000 --> 00:18:48,000 it doesn't seem like it matters very much, 365 00:18:48,000 --> 00:18:52,000 whether it's a good search interface or whether the 366 00:18:52,000 --> 00:18:55,000 click-in-vide stuff works as well as it should. 367 00:18:55,000 --> 00:18:58,000 It's a real value of the Pod Show Music Network 368 00:18:58,000 --> 00:19:01,000 seemed like it's in the licensing agreement 369 00:19:01,000 --> 00:19:03,000 and in the ability to use Pod Cats 370 00:19:03,000 --> 00:19:05,000 thing as a way to promote music. 371 00:19:05,000 --> 00:19:08,000 And I think it's unreasonable to think 372 00:19:08,000 --> 00:19:11,000 that there's no value to an artist 373 00:19:11,000 --> 00:19:16,000 just because search doesn't work as well as it could. 374 00:19:16,000 --> 00:19:20,000 When it's enabling, 375 00:19:20,000 --> 00:19:24,000 that doesn't seem like that's the value you're supposed to be getting 376 00:19:24,000 --> 00:19:27,000 supposed to be the ability to have their music played on Pod Cats. 377 00:19:27,000 --> 00:19:28,000 And you know, 378 00:19:28,000 --> 00:19:30,000 you want to have a better search interface 379 00:19:30,000 --> 00:19:33,000 for spelling music you should go run on iTunes. 380 00:19:33,000 --> 00:19:37,000 And if you don't want to have Pod Cats 381 00:19:37,000 --> 00:19:38,000 to play your music, 382 00:19:38,000 --> 00:19:42,000 then you shouldn't be putting music on none of the PMN 383 00:19:42,000 --> 00:19:44,000 of whether you want to sell it or not. 384 00:19:44,000 --> 00:19:49,000 So that's all I see at some thanks. 385 00:19:49,000 --> 00:19:50,000 I love that. 386 00:19:50,000 --> 00:19:53,000 Thank you so much because I could not have put it better. 387 00:19:53,000 --> 00:19:56,000 Tokyo, Dan, you don't be focused on the music sales. 388 00:19:56,000 --> 00:19:57,000 That's never what we've been about. 389 00:19:57,000 --> 00:20:00,000 It's been about the marketing of music 390 00:20:00,000 --> 00:20:02,000 and exposing audiences to music. 391 00:20:02,000 --> 00:20:04,000 And we've been very successful 392 00:20:04,000 --> 00:20:07,000 that that continued to support it. 393 00:20:07,000 --> 00:20:10,000 And really just the, you know, 394 00:20:10,000 --> 00:20:11,000 the sales party, 395 00:20:11,000 --> 00:20:13,000 we were able to do something. 396 00:20:13,000 --> 00:20:14,000 It's not completely perfect, 397 00:20:14,000 --> 00:20:16,000 but it's not our core business. 398 00:20:16,000 --> 00:20:17,000 And he's writing. 399 00:20:17,000 --> 00:20:18,000 If you really want it to be perfect 400 00:20:18,000 --> 00:20:21,000 and segregated by country and easy for everyone, 401 00:20:21,000 --> 00:20:24,000 then you need to do it through iTunes. 402 00:20:24,000 --> 00:20:26,000 So let this be the end of it. 403 00:20:26,000 --> 00:20:27,000 Please. 404 00:20:27,000 --> 00:20:29,000 So tired of this. 405 00:20:29,000 --> 00:20:32,000 By the way, Eric Burger just sent me pictures of his girlfriend. 406 00:20:32,000 --> 00:20:33,000 Jackie. 407 00:20:33,000 --> 00:20:35,000 Oh, oh, oh, man. 408 00:20:35,000 --> 00:20:37,000 She's 28. 409 00:20:37,000 --> 00:20:40,000 James Marino, Adam listening to the daily source code. 410 00:20:40,000 --> 00:20:41,000 Do you see five, eight, eight? 411 00:20:41,000 --> 00:20:43,000 I noticed that they, 412 00:20:43,000 --> 00:20:47,000 I thought I noticed that they sounded the same 413 00:20:47,000 --> 00:20:49,000 so I put them next to each other. 414 00:20:49,000 --> 00:20:50,000 Last, I don't sound the same, 415 00:20:50,000 --> 00:20:52,000 but they're phrasing rhythm are the same. 416 00:20:52,000 --> 00:20:54,000 What's this about? 417 00:20:54,000 --> 00:20:55,000 Ah. 418 00:20:55,000 --> 00:20:58,000 Subject of the email. 419 00:20:58,000 --> 00:20:59,000 Is Alec Baldwin, 420 00:20:59,000 --> 00:21:01,000 Josel's boyfriend? 421 00:21:01,000 --> 00:21:02,000 Okay. 422 00:21:02,000 --> 00:21:03,000 I don't know who this is, 423 00:21:03,000 --> 00:21:07,000 but stop fucking calling Josel, asshole. 424 00:21:07,000 --> 00:21:09,000 I want to say something okay. 425 00:21:09,000 --> 00:21:12,000 I want to leave a message for you right now. 426 00:21:12,000 --> 00:21:15,000 Okay, I get it. 427 00:21:15,000 --> 00:21:18,000 This is another link I should put on the source code. 428 00:21:18,000 --> 00:21:21,000 Show notes from a Sinclair much. 429 00:21:21,000 --> 00:21:26,000 Ah, there's a politician in, 430 00:21:26,000 --> 00:21:28,000 let me just read you this. 431 00:21:28,000 --> 00:21:31,000 Tanya Dervo, 432 00:21:31,000 --> 00:21:33,000 leading candidate for the Senate of the 433 00:21:33,000 --> 00:21:36,000 Nae Party and EE in Belgium. 434 00:21:36,000 --> 00:21:39,000 Ah, has campaign posters of her naked. 435 00:21:39,000 --> 00:21:42,000 It's like under political party right there, boy. 436 00:21:42,000 --> 00:21:43,000 Adelia. 437 00:21:43,000 --> 00:21:44,000 What is that? 438 00:21:44,000 --> 00:21:45,000 What's their platform? 439 00:21:45,000 --> 00:21:47,000 It's a nice platform. 440 00:21:48,000 --> 00:21:51,000 The official campaign involves billboards, 441 00:21:51,000 --> 00:21:55,000 featuring her in all her naked glory with a very seductive look. 442 00:21:55,000 --> 00:21:56,000 And the text, 443 00:21:56,000 --> 00:21:59,000 I promise you 400,000 jobs above her. 444 00:21:59,000 --> 00:22:01,000 Wow. 445 00:22:01,000 --> 00:22:03,000 Yeah, I bet you do, baby. 446 00:22:03,000 --> 00:22:04,000 Okay. 447 00:22:04,000 --> 00:22:07,000 It's a time for our savant from our series of the circle of savants. 448 00:22:07,000 --> 00:22:10,000 Is I in the sultan of said savants? 449 00:22:10,000 --> 00:22:12,000 Savants? 450 00:22:12,000 --> 00:22:15,000 Right after I give you some important information, 451 00:22:15,000 --> 00:22:17,000 because I'm working hard here. 452 00:22:17,000 --> 00:22:19,000 I can't have you guys crap out. 453 00:22:19,000 --> 00:22:21,000 I need you to call in, send in stuff, 454 00:22:21,000 --> 00:22:23,000 and let me just give it the phone number. 455 00:22:23,000 --> 00:22:39,000 On the phone with us now, 456 00:22:39,000 --> 00:22:41,000 a true savant who I've known for, 457 00:22:41,000 --> 00:22:43,000 I think, just about a year now. 458 00:22:44,000 --> 00:22:46,000 And he's a savant in many ways, 459 00:22:46,000 --> 00:22:48,000 because not only is he, 460 00:22:48,000 --> 00:22:50,000 I believe, a yoga instructor. 461 00:22:50,000 --> 00:22:52,000 He is a DJ. 462 00:22:52,000 --> 00:22:54,000 I'm talking like in the club like, 463 00:22:54,000 --> 00:22:56,000 you know, wheels a steel type DJ. 464 00:22:56,000 --> 00:22:58,000 And he is also, 465 00:22:58,000 --> 00:22:59,000 but the hell are you, Mark? 466 00:22:59,000 --> 00:23:01,000 Are you our finance director at Podshow? 467 00:23:01,000 --> 00:23:04,000 I'm the VP of finance at Podshow. 468 00:23:04,000 --> 00:23:06,000 How come, though, you didn't get a CFO title, man? 469 00:23:06,000 --> 00:23:07,000 Did you get jipped? 470 00:23:07,000 --> 00:23:09,000 No, I don't actually. 471 00:23:09,000 --> 00:23:12,000 VP is probably more purpose-wamen than CFO does too much work. 472 00:23:12,000 --> 00:23:14,000 That's actually too little work. 473 00:23:14,000 --> 00:23:16,000 At this level, CFO just sits around 474 00:23:16,000 --> 00:23:17,000 and tells everyone else what to do, 475 00:23:17,000 --> 00:23:19,000 but at a startup company, 476 00:23:19,000 --> 00:23:21,000 you actually need someone who actually does work. 477 00:23:21,000 --> 00:23:25,000 Mark Cierra is our VP of, 478 00:23:25,000 --> 00:23:27,000 of finance, apparently. 479 00:23:27,000 --> 00:23:30,000 He does basically take care of all financial matters. 480 00:23:30,000 --> 00:23:31,000 And I got to tell you, 481 00:23:31,000 --> 00:23:33,000 I've worked with a lot of financial people in my life. 482 00:23:33,000 --> 00:23:36,000 And you would rarely wind up in a club with them, 483 00:23:36,000 --> 00:23:37,000 just hanging out, 484 00:23:37,000 --> 00:23:39,000 let alone having that person be in the club, 485 00:23:39,000 --> 00:23:41,000 spinning the records. 486 00:23:41,000 --> 00:23:42,000 Which, I just thought- 487 00:23:42,000 --> 00:23:43,000 What are you doing yoga? 488 00:23:43,000 --> 00:23:46,000 Now you are a yoga instructor, correct? 489 00:23:46,000 --> 00:23:48,000 Yes, I've been teaching since 1996. 490 00:23:48,000 --> 00:23:49,000 Oh my goodness. 491 00:23:49,000 --> 00:23:51,000 Mark, now we got you, 492 00:23:51,000 --> 00:23:54,000 we adopted you after you will recommend. 493 00:23:54,000 --> 00:23:56,000 I think it came through our investors. 494 00:23:56,000 --> 00:23:57,000 And they said, this is the hired gun. 495 00:23:57,000 --> 00:23:58,000 This is the guy you want. 496 00:23:58,000 --> 00:24:00,000 He's going to set your shit up straight. 497 00:24:00,000 --> 00:24:03,000 You've been in the valley for a while doing this type of stuff? 498 00:24:03,000 --> 00:24:06,000 Yeah, actually grew up in the Bay Area. 499 00:24:06,000 --> 00:24:09,000 I've been working with high tech companies since 500 00:24:09,000 --> 00:24:12,000 it's kind of embarrassing to admit since 1985, actually. 501 00:24:12,000 --> 00:24:13,000 Yeah. 502 00:24:13,000 --> 00:24:14,000 Took the startups. 503 00:24:14,000 --> 00:24:17,000 And because I was at Apple for seven years, 504 00:24:17,000 --> 00:24:19,000 and been working doing self-employed for ten years, 505 00:24:19,000 --> 00:24:23,000 and I've been in Pot Show since August of 2005. 506 00:24:23,000 --> 00:24:28,000 So, what made you actually want to hang around Pot Show? 507 00:24:28,000 --> 00:24:30,000 Because you could have left. 508 00:24:30,000 --> 00:24:32,000 You could have gotten out while the gun was good. 509 00:24:32,000 --> 00:24:35,000 Well, I, as you may, 510 00:24:35,000 --> 00:24:38,000 I came over from referral from quite a perkins. 511 00:24:38,000 --> 00:24:41,000 I've been working with a couple of smaller companies. 512 00:24:41,000 --> 00:24:42,000 Prior to my project. 513 00:24:42,000 --> 00:24:45,000 Oh, and I was with self-employed for ten years. 514 00:24:45,000 --> 00:24:47,000 Up to that point, and just, just, you know, 515 00:24:47,000 --> 00:24:49,000 talking to, you know, to run, and then, you know, 516 00:24:49,000 --> 00:24:52,000 hear about the story, and the team of investors, 517 00:24:52,000 --> 00:24:56,000 and kind of what Pot Show was doing at the time, 518 00:24:56,000 --> 00:24:58,000 and the future, I remember this, 519 00:24:58,000 --> 00:25:01,000 over a year and a half ago, just sounded really intriguing to me, 520 00:25:01,000 --> 00:25:04,000 and, like, the team definitely liked the space at the end, 521 00:25:04,000 --> 00:25:06,000 and, like, entertainment and media, 522 00:25:06,000 --> 00:25:09,000 and thought it would be crazy enough for me to join. 523 00:25:09,000 --> 00:25:12,000 Well, we are very happy that you, that you did join, 524 00:25:12,000 --> 00:25:14,000 and we're glad that you're still hanging in there. 525 00:25:14,000 --> 00:25:16,000 I know you're going to leave us one day eventually. 526 00:25:16,000 --> 00:25:18,000 But, fuck, I'm going to go back to, 527 00:25:18,000 --> 00:25:19,000 what are you doing? 528 00:25:19,000 --> 00:25:20,000 Playing hoops later on today? 529 00:25:20,000 --> 00:25:21,000 That's right. 530 00:25:21,000 --> 00:25:22,000 Hoops. 531 00:25:22,000 --> 00:25:23,000 Correct. 532 00:25:23,000 --> 00:25:25,000 So, what's really, you know, 533 00:25:25,000 --> 00:25:29,000 why Mark is, is in the circle of the sabons, 534 00:25:29,000 --> 00:25:32,000 is, you know, I really enjoy talking to him at the office 535 00:25:32,000 --> 00:25:34,000 about all kinds of stuff, and, you know, 536 00:25:34,000 --> 00:25:37,000 the topics are very quite a bit, 537 00:25:37,000 --> 00:25:40,000 but when it comes to finance, Mark really knows his shit, 538 00:25:40,000 --> 00:25:42,000 and he has the added advantage of having worked at Apple. 539 00:25:42,000 --> 00:25:44,000 So, there's this big new story, 540 00:25:44,000 --> 00:25:48,000 and all I read in the press and online, 541 00:25:48,000 --> 00:25:51,000 everything I see on television is, you know, 542 00:25:51,000 --> 00:25:54,000 evil options back dating, you know, 543 00:25:54,000 --> 00:25:58,000 kind of this meme of bad corporate governance, 544 00:25:58,000 --> 00:26:00,000 you know, and interestingly enough, 545 00:26:00,000 --> 00:26:02,000 on the same day that Apple announces, 546 00:26:02,000 --> 00:26:06,000 it doubled their profits to $770 million for the past quarter. 547 00:26:06,000 --> 00:26:09,000 And the one thing that I don't read anymore 548 00:26:09,000 --> 00:26:12,000 is what an option is. 549 00:26:12,000 --> 00:26:13,000 You know, everyone's talking about this. 550 00:26:13,000 --> 00:26:15,000 I mean, you can turn on the local, 551 00:26:15,000 --> 00:26:17,000 the local, the local, the K, whatever news, 552 00:26:17,000 --> 00:26:19,000 and, oh, options. 553 00:26:19,000 --> 00:26:21,000 And you have just anyone understand what an option is? 554 00:26:21,000 --> 00:26:23,000 I mean, Mark, could you give us a synopsis, 555 00:26:23,000 --> 00:26:25,000 just so the Charlie listeners who were out there, 556 00:26:25,000 --> 00:26:27,000 who would like to maybe get a refresher course, 557 00:26:27,000 --> 00:26:30,000 just know what this is about and this option thing? 558 00:26:31,000 --> 00:26:33,000 Yeah, I see if I can break it down here. 559 00:26:33,000 --> 00:26:35,000 So, basically an option is the right to buy 560 00:26:35,000 --> 00:26:40,000 some shares at a certain pre-determined price. 561 00:26:40,000 --> 00:26:44,000 And the idea of being that you lock in the purchase price 562 00:26:44,000 --> 00:26:46,000 of that at a later date or the same date, 563 00:26:46,000 --> 00:26:48,000 which you can have definitely happened, 564 00:26:48,000 --> 00:26:51,000 you can, you will make money on what's called the spread. 565 00:26:51,000 --> 00:26:53,000 So, if you were to be able to purchase the shares, 566 00:26:53,000 --> 00:26:55,000 it's a 10-dollar share, 567 00:26:55,000 --> 00:26:58,000 and either that day or months later or years later, 568 00:26:58,000 --> 00:27:02,000 it's at the current stock price of how the option is trading, 569 00:27:02,000 --> 00:27:04,000 it's at 30 or 40 or 50 dollars, 570 00:27:04,000 --> 00:27:08,000 then you'd make the difference as profit. 571 00:27:08,000 --> 00:27:10,000 So, I think there's many shares as you own. 572 00:27:10,000 --> 00:27:12,000 In the dot com days, 573 00:27:12,000 --> 00:27:14,000 which actually the story is from, I think, 574 00:27:14,000 --> 00:27:17,000 2000, 2001, options were used as an incentive 575 00:27:17,000 --> 00:27:20,000 because you pretty much knew any company that started off, 576 00:27:20,000 --> 00:27:24,000 that was public, that went public even better. 577 00:27:24,000 --> 00:27:26,000 The share price would go up, 578 00:27:26,000 --> 00:27:29,000 and if you could lock yourself in, as you said, 579 00:27:29,000 --> 00:27:32,000 then you would stand to make a nice amount of money. 580 00:27:32,000 --> 00:27:35,000 In fact, that's where a lot of the dot com millionaires came from. 581 00:27:35,000 --> 00:27:37,000 Was this always used as an incentive, 582 00:27:37,000 --> 00:27:39,000 or did options actually stem from something else 583 00:27:39,000 --> 00:27:43,000 in the past before the dot com hype of the turn of the century? 584 00:27:43,000 --> 00:27:44,000 Absolutely. 585 00:27:44,000 --> 00:27:46,000 So, options, I mean, when I worked at Apple, 586 00:27:46,000 --> 00:27:50,000 this was pre, it was pre, you know, dot com maybe. 587 00:27:50,000 --> 00:27:53,000 This was pre wood when you worked at Apple, man. 588 00:27:53,000 --> 00:27:54,000 Yeah. 589 00:27:54,000 --> 00:27:56,000 It was Apple's 89 to 96, because it definitely was options, 590 00:27:56,000 --> 00:27:58,000 but it was nowhere near the menu, 591 00:27:58,000 --> 00:28:01,000 because Apple was posted, 592 00:28:01,000 --> 00:28:03,000 so there was no, you weren't going to be getting options at, 593 00:28:03,000 --> 00:28:05,000 like, five cents a share and being able to sell them, 594 00:28:05,000 --> 00:28:07,000 and like, like, $200 a share later on. 595 00:28:07,000 --> 00:28:09,000 But, clearly, you know, 596 00:28:09,000 --> 00:28:11,000 even as a public treated company, 597 00:28:11,000 --> 00:28:12,000 there's still lots of fluctuation, 598 00:28:12,000 --> 00:28:15,000 and still way for executives to make, you know, 599 00:28:15,000 --> 00:28:17,000 to paying him any shares, your options, you got, 600 00:28:17,000 --> 00:28:20,000 you mean, hundreds of thousands, or potentially millions of dollars, 601 00:28:21,000 --> 00:28:23,000 things went the right way, which they did for a lot of people. 602 00:28:23,000 --> 00:28:27,000 But it was always an incentive-based instrument, clearly. 603 00:28:27,000 --> 00:28:29,000 Absolutely. Yes, I was incentive. 604 00:28:29,000 --> 00:28:33,000 Okay. So, what, what actually happened here, 605 00:28:33,000 --> 00:28:35,000 and what, what is the story about? 606 00:28:35,000 --> 00:28:36,000 Because you, you, there's one thing, 607 00:28:36,000 --> 00:28:38,000 and so I understand that you can say, 608 00:28:38,000 --> 00:28:40,000 all right, we're going to, I guess, 609 00:28:40,000 --> 00:28:43,000 grant you set amount of options at a strike pie, 610 00:28:43,000 --> 00:28:45,000 so if, if we did that today, I would say, 611 00:28:45,000 --> 00:28:47,000 okay, you're going to get some options at today's strike price. 612 00:28:47,000 --> 00:28:49,000 We're not a publicly traded company, 613 00:28:49,000 --> 00:28:51,000 I'm kind of, some number that's on that, 614 00:28:51,000 --> 00:28:55,000 and then you have the right to actually buy those, 615 00:28:55,000 --> 00:28:57,000 and get the spread later on. 616 00:28:57,000 --> 00:29:02,000 Take me back to those days of, of the dot com hype, 617 00:29:02,000 --> 00:29:05,000 and, you know, when options were basically the currency that, 618 00:29:05,000 --> 00:29:07,000 companies were using to bring in, quote, 619 00:29:07,000 --> 00:29:10,000 smart people, or, that's another word for high price people, 620 00:29:10,000 --> 00:29:13,000 that really didn't cost all that much in it. 621 00:29:13,000 --> 00:29:15,000 Oh, definitely. Yeah, definitely not. 622 00:29:15,000 --> 00:29:17,000 So, so back in, back in, 623 00:29:17,000 --> 00:29:20,000 this time in terms of the, the startup company is basically the option 624 00:29:20,000 --> 00:29:22,000 to be priced, basically any, you know, 625 00:29:22,000 --> 00:29:25,000 10, basically 10 percent of whatever the, 626 00:29:25,000 --> 00:29:28,000 the A or B or whatever they most current round 627 00:29:28,000 --> 00:29:30,000 does it basically price the up to 10 percent, 628 00:29:30,000 --> 00:29:32,000 you know, basically this 10 percent of that, 629 00:29:32,000 --> 00:29:35,000 and obviously there was a lot of money to, 630 00:29:35,000 --> 00:29:38,000 made later on when company would get acquired 631 00:29:38,000 --> 00:29:40,000 or go public at a much higher price, 632 00:29:40,000 --> 00:29:42,000 and whatever the A or B round was, 633 00:29:42,000 --> 00:29:44,000 you know, so right away, I mean, 634 00:29:45,000 --> 00:29:47,000 even if it didn't even use the soldier's shares at the, 635 00:29:47,000 --> 00:29:48,000 at the round price, 636 00:29:48,000 --> 00:29:51,000 you didn't make 90 percent profit just on that formula. 637 00:29:51,000 --> 00:29:54,000 So what happened here? What, so there's the X CFO, 638 00:29:54,000 --> 00:29:56,000 I guess Fred Anderson, 639 00:29:56,000 --> 00:29:58,000 it was investigated by the SEC, 640 00:29:58,000 --> 00:30:00,000 and he says, well, 641 00:30:00,000 --> 00:30:02,000 these options were back dated. 642 00:30:02,000 --> 00:30:04,000 Just explain the back dating to me for a second. 643 00:30:04,000 --> 00:30:05,000 Yeah, so basically on back dating, 644 00:30:05,000 --> 00:30:07,000 is what you're doing here in this scenario, 645 00:30:07,000 --> 00:30:08,000 is you're saying, 646 00:30:08,000 --> 00:30:11,000 we're going to set the price at a date, 647 00:30:12,000 --> 00:30:14,000 a date further back from when the work, 648 00:30:14,000 --> 00:30:16,000 you know, when it should have been based, 649 00:30:16,000 --> 00:30:19,000 and the idea being that the price was a lower on, 650 00:30:19,000 --> 00:30:21,000 on an earlier date, 651 00:30:21,000 --> 00:30:24,000 and therefore there was more money to be made on the spread. 652 00:30:24,000 --> 00:30:27,000 So it's basically what it refers to, 653 00:30:27,000 --> 00:30:31,000 is taking the option price date further back, 654 00:30:31,000 --> 00:30:33,000 and then it should have been. 655 00:30:33,000 --> 00:30:34,000 So without, 656 00:30:34,000 --> 00:30:37,000 without incriminating myself, 657 00:30:38,000 --> 00:30:40,000 I'm pretty sure that, 658 00:30:40,000 --> 00:30:42,000 because Ron and I ran a public company 659 00:30:42,000 --> 00:30:43,000 back in the day, 660 00:30:43,000 --> 00:30:45,000 squeaky clean, I might add, 661 00:30:45,000 --> 00:30:50,000 but I certainly can remember conversations 662 00:30:50,000 --> 00:30:52,000 where we would say, oh, look, 663 00:30:52,000 --> 00:30:55,000 now our stock price really didn't do much for two and a half years, 664 00:30:55,000 --> 00:30:57,000 so it was all kind of a mood point anyway. 665 00:30:57,000 --> 00:30:58,000 In fact, our stock price, 666 00:30:58,000 --> 00:31:00,000 we came out of went from $7.00 in a quarter 667 00:31:00,000 --> 00:31:01,000 down to three. 668 00:31:01,000 --> 00:31:04,000 I was very, very successful IPO, 669 00:31:04,000 --> 00:31:06,000 but we did turn the company around 670 00:31:06,000 --> 00:31:08,000 and I think when we sold it, 671 00:31:08,000 --> 00:31:10,000 the stock price was in the 50s. 672 00:31:10,000 --> 00:31:12,000 But the idea of, you know, 673 00:31:12,000 --> 00:31:13,000 well, you know, we talked today, 674 00:31:13,000 --> 00:31:14,000 but you know what, 675 00:31:14,000 --> 00:31:16,000 we'll back date these options to the beginning of the month, 676 00:31:16,000 --> 00:31:17,000 or something like that, 677 00:31:17,000 --> 00:31:18,000 which may have, 678 00:31:18,000 --> 00:31:20,000 I don't know if we actually looking at the stock price chart 679 00:31:20,000 --> 00:31:21,000 at the time, 680 00:31:21,000 --> 00:31:22,000 maybe I doubt it, 681 00:31:22,000 --> 00:31:26,000 it was all kind of underwater for everybody anyway. 682 00:31:26,000 --> 00:31:29,000 But it seemed like it was a pretty common practice, 683 00:31:29,000 --> 00:31:31,000 where there are no rules against it. 684 00:31:31,000 --> 00:31:32,000 Well, 685 00:31:32,000 --> 00:31:35,000 I just wasn't as closely followed by, 686 00:31:36,000 --> 00:31:38,000 you know, the, the SEC, I think, 687 00:31:38,000 --> 00:31:39,000 and I think, 688 00:31:39,000 --> 00:31:40,000 you know, I was, 689 00:31:40,000 --> 00:31:41,000 since kind of the, 690 00:31:41,000 --> 00:31:42,000 the surveillance, 691 00:31:42,000 --> 00:31:43,000 obsolete kind of stuff. 692 00:31:43,000 --> 00:31:44,000 It came result of, you know, 693 00:31:44,000 --> 00:31:45,000 all the corporate scandals of the, 694 00:31:45,000 --> 00:31:46,000 like say, 695 00:31:46,000 --> 00:31:47,000 Andrew, I'm for example. 696 00:31:47,000 --> 00:31:50,000 Yeah, so all the stuff is being much more close to monitor. 697 00:31:50,000 --> 00:31:51,000 I mean, 698 00:31:51,000 --> 00:31:52,000 suppose there was monitoring, 699 00:31:52,000 --> 00:31:53,000 and it was relatively loose, 700 00:31:53,000 --> 00:31:55,000 and they really try to clamp down 701 00:31:55,000 --> 00:31:57,000 on some of these kind of practices, 702 00:31:57,000 --> 00:31:59,000 where they just basically are, 703 00:31:59,000 --> 00:32:00,000 you know, 704 00:32:00,000 --> 00:32:01,000 giving much more, 705 00:32:01,000 --> 00:32:02,000 you know, 706 00:32:02,000 --> 00:32:03,000 income to these executives, 707 00:32:03,000 --> 00:32:04,000 not doing any more work. 708 00:32:04,000 --> 00:32:05,000 But, but Mark, 709 00:32:05,000 --> 00:32:06,000 it's not just executives. 710 00:32:06,000 --> 00:32:07,000 It's also, 711 00:32:07,000 --> 00:32:08,000 it's employees, right? 712 00:32:08,000 --> 00:32:09,000 Absolutely, but it won't work. 713 00:32:09,000 --> 00:32:10,000 It's everybody, 714 00:32:10,000 --> 00:32:11,000 but the thing that gets the attention, 715 00:32:11,000 --> 00:32:12,000 of course, 716 00:32:12,000 --> 00:32:13,000 is the executives. 717 00:32:13,000 --> 00:32:14,000 I mean, 718 00:32:14,000 --> 00:32:15,000 that's the one that really pops out. 719 00:32:15,000 --> 00:32:16,000 Yeah, 720 00:32:16,000 --> 00:32:17,000 agreed. 721 00:32:17,000 --> 00:32:18,000 It is everybody, 722 00:32:18,000 --> 00:32:19,000 but the one who makes out the most, 723 00:32:19,000 --> 00:32:20,000 the guys, 724 00:32:20,000 --> 00:32:22,000 the one that gets the publicity is, 725 00:32:22,000 --> 00:32:23,000 is it going to have, 726 00:32:23,000 --> 00:32:24,000 like, 727 00:32:24,000 --> 00:32:25,000 when we're working here, 728 00:32:25,000 --> 00:32:26,000 and we're more money at stake. 729 00:32:26,000 --> 00:32:27,000 Okay, 730 00:32:27,000 --> 00:32:28,000 so that's not, 731 00:32:28,000 --> 00:32:29,000 now you mentioned Enron, 732 00:32:29,000 --> 00:32:31,000 was stock option back dating, 733 00:32:31,000 --> 00:32:33,000 did that contribute to the Enron collapse, 734 00:32:33,000 --> 00:32:34,000 or, 735 00:32:34,000 --> 00:32:35,000 to me, 736 00:32:35,000 --> 00:32:37,000 this really has no other effect, 737 00:32:37,000 --> 00:32:40,000 than that shareholders may get pissed off, 738 00:32:40,000 --> 00:32:41,000 because, 739 00:32:41,000 --> 00:32:42,000 well, 740 00:32:42,000 --> 00:32:43,000 they're greedy, 741 00:32:43,000 --> 00:32:44,000 it just has greedy, 742 00:32:44,000 --> 00:32:45,000 everybody else, I guess. 743 00:32:45,000 --> 00:32:46,000 Right, 744 00:32:46,000 --> 00:32:48,000 because Enron was not about back dating, 745 00:32:48,000 --> 00:32:49,000 back dating, 746 00:32:49,000 --> 00:32:50,000 it was, 747 00:32:50,000 --> 00:32:52,000 the one that seems to be getting the most attention, 748 00:32:52,000 --> 00:32:53,000 as you mentioned, 749 00:32:53,000 --> 00:32:54,000 it was really this, 750 00:32:54,000 --> 00:32:55,000 this current case with, 751 00:32:55,000 --> 00:32:57,000 with Steve Jobs and Apple. 752 00:32:57,000 --> 00:32:58,000 You worked for Fred Anderson, 753 00:32:58,000 --> 00:32:59,000 the CFO, 754 00:32:59,000 --> 00:33:00,000 who was accusing, 755 00:33:00,000 --> 00:33:01,000 or I don't know if it's, 756 00:33:01,000 --> 00:33:02,000 it really is an accusation, 757 00:33:02,000 --> 00:33:03,000 but what he basically, 758 00:33:03,000 --> 00:33:05,000 an unfair phrasing said is, 759 00:33:05,000 --> 00:33:06,000 look, 760 00:33:06,000 --> 00:33:08,000 Steve Jobs knew about the back dating, 761 00:33:08,000 --> 00:33:09,000 it happened, 762 00:33:09,000 --> 00:33:10,000 it wasn't, 763 00:33:10,000 --> 00:33:12,000 Steve Jobs didn't make any money off of it himself, 764 00:33:12,000 --> 00:33:13,000 which I believe, 765 00:33:13,000 --> 00:33:14,000 I'm sure he did it for however, 766 00:33:14,000 --> 00:33:15,000 the new hires were, 767 00:33:15,000 --> 00:33:16,000 or whatever, 768 00:33:16,000 --> 00:33:17,000 you know, 769 00:33:17,000 --> 00:33:18,000 they needed an option pool, 770 00:33:18,000 --> 00:33:19,000 they needed to make it attractive, 771 00:33:19,000 --> 00:33:20,000 it could have been any number of, 772 00:33:20,000 --> 00:33:22,000 a factors like that. 773 00:33:22,000 --> 00:33:23,000 What are the implications, 774 00:33:23,000 --> 00:33:25,000 what does it say about Fred Anderson, 775 00:33:25,000 --> 00:33:26,000 first of all, 776 00:33:26,000 --> 00:33:27,000 maybe you can go to some background on him, 777 00:33:27,000 --> 00:33:28,000 and, 778 00:33:28,000 --> 00:33:30,000 and what does this mean do you think for jobs? 779 00:33:31,000 --> 00:33:32,000 Well, I, 780 00:33:32,000 --> 00:33:34,000 I want to be real clear about, 781 00:33:34,000 --> 00:33:35,000 I, 782 00:33:35,000 --> 00:33:37,000 I've worked for Fred for about his very first, 783 00:33:37,000 --> 00:33:38,000 couple months there at Apple, 784 00:33:38,000 --> 00:33:39,000 because I, 785 00:33:39,000 --> 00:33:40,000 I was there, 786 00:33:40,000 --> 00:33:41,000 I left in 1966, 787 00:33:41,000 --> 00:33:42,000 and he was coming on, 788 00:33:42,000 --> 00:33:43,000 in fact, 789 00:33:43,000 --> 00:33:44,000 I was actually one of the first people 790 00:33:44,000 --> 00:33:45,000 they ever met at Apple, 791 00:33:45,000 --> 00:33:47,000 because of the time we were raising 792 00:33:47,000 --> 00:33:48,000 a convertible debt, 793 00:33:48,000 --> 00:33:50,000 funding of $650 million, 794 00:33:50,000 --> 00:33:51,000 and that came in, 795 00:33:51,000 --> 00:33:53,000 he came in with the CFO, 796 00:33:53,000 --> 00:33:54,000 around the same time, 797 00:33:54,000 --> 00:33:55,000 the new CFO at the time. 798 00:33:55,000 --> 00:33:56,000 Who was that, 799 00:33:56,000 --> 00:33:57,000 Emilio? 800 00:33:57,000 --> 00:33:58,000 That was Gilimilio, 801 00:33:58,000 --> 00:33:59,000 and, 802 00:33:59,000 --> 00:34:01,000 and the contingency of the, 803 00:34:01,000 --> 00:34:02,000 the investment community, 804 00:34:02,000 --> 00:34:04,000 issuing the $650 million 805 00:34:04,000 --> 00:34:06,000 that was the new management team, 806 00:34:06,000 --> 00:34:07,000 being Gilimilio, 807 00:34:07,000 --> 00:34:08,000 and Fred Anderson. 808 00:34:08,000 --> 00:34:09,000 So let's just say, 809 00:34:09,000 --> 00:34:11,000 by the way, 810 00:34:11,000 --> 00:34:13,000 this all happened just around, 811 00:34:13,000 --> 00:34:14,000 that, 812 00:34:14,000 --> 00:34:15,000 you know, 813 00:34:15,000 --> 00:34:16,000 so Steve Jobs came back and saved the company, 814 00:34:16,000 --> 00:34:17,000 it sounds like they were pretty 815 00:34:17,000 --> 00:34:18,000 dire straits in 1996. 816 00:34:18,000 --> 00:34:19,000 Very dire straits. 817 00:34:19,000 --> 00:34:20,000 It's basically, 818 00:34:20,000 --> 00:34:21,000 uh, 819 00:34:21,000 --> 00:34:23,000 Gilimilio has been very well documented 820 00:34:23,000 --> 00:34:24,000 in some of the, 821 00:34:24,000 --> 00:34:25,000 you know, 822 00:34:25,000 --> 00:34:26,000 local high tech articles, 823 00:34:26,000 --> 00:34:27,000 uh, 824 00:34:27,000 --> 00:34:28,000 70% down in the S&D. 825 00:34:28,000 --> 00:34:29,000 Jobs came in. 826 00:34:29,000 --> 00:34:30,000 I'm going to say, 827 00:34:30,000 --> 00:34:32,000 97-98-time chairman 828 00:34:32,000 --> 00:34:33,000 as you mentioned, 829 00:34:33,000 --> 00:34:35,000 just totally turn it around, 830 00:34:35,000 --> 00:34:36,000 the stock price more. 831 00:34:36,000 --> 00:34:37,000 I mean, 832 00:34:37,000 --> 00:34:38,000 more else, 833 00:34:38,000 --> 00:34:39,000 afternoon. 834 00:34:39,000 --> 00:34:40,000 I mean, 835 00:34:40,000 --> 00:34:42,000 just like pretty much every level. 836 00:34:42,000 --> 00:34:43,000 And obviously, 837 00:34:43,000 --> 00:34:45,000 as a huge impact, 838 00:34:45,000 --> 00:34:45,240 financially, 839 00:34:45,240 --> 00:34:47,000 market capitalization, 840 00:34:47,000 --> 00:34:48,000 employees, 841 00:34:48,000 --> 00:34:50,000 and obviously the iPod came later on, 842 00:34:50,000 --> 00:34:51,000 and that's been its own kind of, 843 00:34:51,000 --> 00:34:52,000 massive hit and its own right. 844 00:34:52,000 --> 00:34:53,000 But, 845 00:34:53,000 --> 00:34:54,000 . 846 00:34:54,000 --> 00:34:55,000 So what, 847 00:34:55,000 --> 00:34:56,000 what was right? 848 00:34:56,000 --> 00:34:59,440 department and on sent a road really nice guy just just 849 00:34:59,440 --> 00:35:02,400 been a brief pretty pretty pretty humble duty came over from i believe a 850 00:35:02,400 --> 00:35:04,000 adp at the time 851 00:35:04,000 --> 00:35:07,200 uh... just yeah we just we just sat in his living room and 852 00:35:07,200 --> 00:35:10,080 kind of went through some of the stuff you know this is a four cast 853 00:35:10,080 --> 00:35:13,360 just in the guys living room talking about half a billion dollars you know 854 00:35:13,360 --> 00:35:17,280 yeah yeah yeah yeah yeah yeah yeah you're in the lotus position right 855 00:35:17,280 --> 00:35:20,240 spin in some uh... DJ chiesto tunes 856 00:35:20,240 --> 00:35:24,160 exactly exactly yeah well at that time yeah i was just starting to do you get that time 857 00:35:24,160 --> 00:35:28,160 actually so uh... yeah so just look really really nice guy and had a lot of 858 00:35:28,160 --> 00:35:32,160 credibility coming into company and seem to can't keep his uh... and knows about the 859 00:35:32,160 --> 00:35:34,960 fray and during during his whole time they're actually pretty pretty 860 00:35:34,960 --> 00:35:38,640 solid reputation through the industry and i believe he's now with uh... the 861 00:35:38,640 --> 00:35:40,240 elevation partners 862 00:35:40,240 --> 00:35:43,760 the cc from jk believe it's well that's uh... you choose uh... you too with 863 00:35:43,760 --> 00:35:49,280 bono exactly so uh... you know mark you know me well enough by now we found out 864 00:35:49,280 --> 00:35:53,600 a bit and whenever a uh... multi billionaires and dire straits i love to come to 865 00:35:53,600 --> 00:35:57,040 his rescue into his defense uh... 866 00:35:57,040 --> 00:36:01,680 it did steve jobs do something really illegal in your opinion 867 00:36:01,680 --> 00:36:05,360 well that's a talk about not being that close to the nation and it's hard to 868 00:36:05,360 --> 00:36:09,120 say i mean 869 00:36:09,120 --> 00:36:14,320 so i i guess the question is how much did you know when did you know it and uh... 870 00:36:14,320 --> 00:36:18,880 or you know how to stuff that we can go straight to that because essentially 871 00:36:18,880 --> 00:36:22,800 what front Anderson said if i understand correctly is steve jobs new about it 872 00:36:22,800 --> 00:36:26,720 and you proved the uh... the back dating of the uh... this is like it seems to me 873 00:36:26,720 --> 00:36:28,400 like Anderson did a big 874 00:36:28,400 --> 00:36:32,640 either a cover your ass or perhaps a saviour ass deal with the cc by implicating steve 875 00:36:32,640 --> 00:36:36,320 jobs that's what i'm getting from the media is that really what this is 876 00:36:36,320 --> 00:36:40,400 if that's the case and yet if this uh... is this what is what is what is 877 00:36:40,400 --> 00:36:44,320 fray is saying is true then uh... and clearly uh... steve something he's 878 00:36:44,320 --> 00:36:45,920 going to be a little bit of trouble 879 00:36:45,920 --> 00:36:47,920 and it may be even a lot of trouble 880 00:36:47,920 --> 00:36:49,920 doesn't know that so 881 00:36:50,560 --> 00:36:52,880 quantify that what kind of trouble 882 00:36:52,880 --> 00:36:56,320 uh... basically knowledge uh... what kind of like maybe i kind of 883 00:36:56,320 --> 00:37:01,600 market steward trouble right where he'd got a new something was going on and uh... 884 00:37:01,600 --> 00:37:07,440 was was was complicit with uh... unknown uh... price that wasn't uh... that's 885 00:37:07,440 --> 00:37:11,440 it shouldn't have been and when it had was it anyway we have maybe i don't 886 00:37:11,440 --> 00:37:13,040 maybe some sort of you know 887 00:37:13,040 --> 00:37:16,320 kind of equivalent of the collection inside of information thing where he might be 888 00:37:16,320 --> 00:37:21,520 like like trouble like might be a pretty big sign for example 889 00:37:21,520 --> 00:37:26,320 maybe so well that's interesting i'm glad you brought up martha steward because boy what 890 00:37:26,320 --> 00:37:29,280 of what uh... 891 00:37:29,280 --> 00:37:34,240 how that would be very interesting if uh... if what jobs is implicated of 892 00:37:34,240 --> 00:37:37,760 you know got him in a lot of trouble but he didn't have to go to jail he could 893 00:37:37,760 --> 00:37:40,640 buy it off whereas martha steward could have certainly paid 894 00:37:40,640 --> 00:37:44,960 paid off any fine equal to the crime and she actually you know went to the big house 895 00:37:44,960 --> 00:37:47,680 she actually because but on a pop culture no initially enough actually 896 00:37:47,680 --> 00:37:50,800 part of the great thing ever happened i mean that much credibility now she has 897 00:37:50,800 --> 00:37:52,400 uh... with her minions 898 00:37:52,400 --> 00:37:55,600 i mean she's got a whole new audience people because she found she's got like 899 00:37:55,600 --> 00:37:59,440 street cred or something she was not just doing doylies 900 00:37:59,440 --> 00:38:03,280 she was doing doylies and she was doing doylies on the slamer baby yeah 901 00:38:03,280 --> 00:38:06,560 yeah and a way that you know for more than you know 902 00:38:06,560 --> 00:38:10,480 came to the side bigger and more i mean it's an interesting enough right because he would 903 00:38:11,120 --> 00:38:14,800 i could have been worse than ever but uh... as a pop culture thing it's 904 00:38:14,800 --> 00:38:17,920 i think it's made her more intimate more famous and i don't know 905 00:38:17,920 --> 00:38:20,640 but i don't know i i personally kind of think it's cool for 906 00:38:20,640 --> 00:38:24,720 it's a weird way she's not a very happy person so 907 00:38:24,720 --> 00:38:28,160 she's not a happy no she's not this is just a general she's got a few 908 00:38:28,160 --> 00:38:31,840 husband along the way we had we had an office in the same building in New York 909 00:38:31,840 --> 00:38:35,360 years ago not a happy person but she can turn it on when i want to keep you 910 00:38:35,360 --> 00:38:39,440 life so she can't oh yeah she's a professional so 911 00:38:40,080 --> 00:38:43,840 i can't finish it so it jobs could be in the in real trouble but this is where it 912 00:38:43,840 --> 00:38:47,920 gets interesting because uh... shareholders 913 00:38:47,920 --> 00:38:51,520 who are the ones that are that the only ones i think in this whole game who can be 914 00:38:51,520 --> 00:38:54,480 really pissed off it's not like this affected 915 00:38:54,480 --> 00:38:57,920 the quality of the products in fact it probably made the products better because 916 00:38:57,920 --> 00:39:01,360 people were incentivize and they were working their ass off to get the stock price up 917 00:39:01,360 --> 00:39:05,920 and make the company perform better et cetera um i'm sure that uh... although 918 00:39:05,920 --> 00:39:09,680 i don't have any documentation back at up i'm sure that this didn't only go to 919 00:39:09,680 --> 00:39:12,480 executives but it probably there was an option pool 920 00:39:12,480 --> 00:39:16,160 and it must have gone to other people as well who also of course you 921 00:39:16,160 --> 00:39:21,600 lead lead the company um if they were to remove Steve jobs 922 00:39:21,600 --> 00:39:26,480 or hurt him in some way that he couldn't perform his CEO duties for apple 923 00:39:26,480 --> 00:39:29,840 that could actually have the adverse effect and it could really fuck up the company 924 00:39:29,840 --> 00:39:32,320 because you know here's a company that just doubled their 925 00:39:32,320 --> 00:39:36,240 they're profit in a quarter and this ipod as you mentioned is is you know the whole 926 00:39:36,240 --> 00:39:39,040 just they're on fire right now so is this 927 00:39:39,040 --> 00:39:42,880 you know is it a good thing for having worked there for seven years 928 00:39:42,880 --> 00:39:46,640 yeah having worked there for seven years i mean i was there very uh... michael spinner 929 00:39:46,640 --> 00:39:50,640 millio john scoli all these big name none of them could run that place none of them 930 00:39:50,640 --> 00:39:54,400 i think during the ten year of all the three folks they destroyed more shareholder value 931 00:39:54,400 --> 00:39:58,240 then uh... and the jobs with the with the fucking options right 932 00:39:58,240 --> 00:40:01,440 incredible yeah so yeah so he's making out like a black abandon but at the same time 933 00:40:01,440 --> 00:40:05,760 so is everything first is invested in out of the years during the time when he was the 934 00:40:05,760 --> 00:40:10,160 CEO before he left back in the uh... the real eighties or since he's been there since 935 00:40:10,160 --> 00:40:12,640 the late nineties very interestingly enough 936 00:40:12,640 --> 00:40:16,480 so what do you think what's going to happen what's going to boil down to 937 00:40:16,480 --> 00:40:19,440 i think he's just going to get a new i think he's just going to borrow part of the 938 00:40:19,440 --> 00:40:24,000 body in his way he's going to display patience small uh... some small being relative 939 00:40:24,000 --> 00:40:27,760 because the guy is by a multi-multi doing her but he'll pay a fine and get his way out of it 940 00:40:27,760 --> 00:40:32,480 that's kind of my personal opinion so he should do a meacolpa and he should say okay look uh... 941 00:40:32,480 --> 00:40:37,680 different times fucked up uh... and then well uh... here's fifty million dollars i and i think 942 00:40:37,680 --> 00:40:41,520 it would be between fifty and two hundred and fifty million probably somewhere in there 943 00:40:41,520 --> 00:40:45,040 and it's enough it's by not a big of a deal for him 944 00:40:45,040 --> 00:40:48,000 it's not a scene 945 00:40:48,000 --> 00:40:50,000 it's just wrong uh... it's just gave me the willy 946 00:40:50,000 --> 00:40:54,000 right that you're on and part of it's part of it makes America great 947 00:40:54,000 --> 00:40:58,320 so so the question is if uh... if you were to find yourself in uh... in uh... in uh... 948 00:40:58,320 --> 00:41:02,240 anderson's position and uh... and run and i said look it's okay just back 949 00:41:02,240 --> 00:41:05,360 date these things what would you do 950 00:41:05,360 --> 00:41:07,040 with you guys yeah 951 00:41:07,040 --> 00:41:09,360 oh man 952 00:41:09,360 --> 00:41:11,680 i would uh... 953 00:41:11,680 --> 00:41:12,720 oh man 954 00:41:12,720 --> 00:41:14,560 i'd be hard to do man 955 00:41:14,560 --> 00:41:17,200 it'd be hard to do okay you fired fuck you 956 00:41:17,280 --> 00:41:19,200 by it i know it's the 957 00:41:19,680 --> 00:41:23,200 and the open shit you know uh... all right marvellous night i appreciate you 958 00:41:23,200 --> 00:41:25,840 let's see unless you're not here to really good deal inside or something you know 959 00:41:25,840 --> 00:41:29,280 yeah i'd see all these guys man 960 00:41:29,280 --> 00:41:32,960 always ready always in for a little game on the side i love it 961 00:41:32,960 --> 00:41:36,640 will mark uh... you care my people i take your people yeah 962 00:41:36,640 --> 00:41:39,840 look we're really happy to have you uh... on board man and you keep our shit together we 963 00:41:39,840 --> 00:41:41,360 still have money left 964 00:41:41,360 --> 00:41:45,600 we still got a bit of money left we're not okay cool so well we're working hard to fill up the 965 00:41:45,680 --> 00:41:48,640 coffer and you know you've got a great team you've got to 966 00:41:48,640 --> 00:41:52,800 john the hammer who uh... and uh... sendy lindi hopper 967 00:41:52,800 --> 00:41:57,040 who by the way i've noticed the neither of them listen to this show so you might want to 968 00:41:57,040 --> 00:41:59,040 you know have a little chat with them about that 969 00:41:59,040 --> 00:42:02,640 it's a quanny any raise yeah yes 970 00:42:02,640 --> 00:42:05,600 if they want their options back dated they should be listening to the show damage 971 00:42:05,600 --> 00:42:09,040 actually particularly this particular this episode 972 00:42:09,040 --> 00:42:14,720 all right mark thanks a lot man uh... appreciated and uh... i'll see you at the board meeting tomorrow 973 00:42:14,800 --> 00:42:15,620 you gotta go 974 00:42:15,620 --> 00:42:16,560 have a good night 975 00:42:16,560 --> 00:42:17,520 you too buddy 976 00:42:17,620 --> 00:42:18,800 day 977 00:42:18,800 --> 00:45:57,480 [ Music ] 978 00:45:57,480 --> 00:46:00,480 And help it, it's such a happy song Makes me feel good 979 00:46:02,480 --> 00:46:04,480 Fire aims, let me know 980 00:46:05,480 --> 00:46:08,480 We'll have to save music, not work 981 00:46:09,480 --> 00:46:12,480 Of course, the link to that fine musical band 982 00:46:12,480 --> 00:46:15,480 In the show, no, it's a daily source code dot com 983 00:46:16,480 --> 00:46:21,480 Just one quick thing before we end the show going back to Tokyo Band and Dan who was basically 984 00:46:22,480 --> 00:46:26,480 Telling us how much we suck and that there may be stuff going on behind the scenes 985 00:46:27,480 --> 00:46:30,480 But it's not apparent to artists according to Tokyo Dan 986 00:46:43,480 --> 00:46:45,480 Yeah, sure do need you help 987 00:46:46,480 --> 00:46:51,480 Well, you know, we haven't been sitting still entirely that Tokyo Dan if you 988 00:46:52,480 --> 00:46:57,480 Tenant over to curry dot com, you can see in one of the blog posts 989 00:46:58,480 --> 00:47:03,480 All the ideas and the war room and all the stuff that's been going on 990 00:47:03,480 --> 00:47:08,480 We've been working on helping ourselves suck less and we've got some special stuff coming up 991 00:47:08,480 --> 00:47:11,480 In the next couple of weeks that you can really help us out 992 00:47:12,480 --> 00:47:15,480 With the mission of sucking less 993 00:47:31,480 --> 00:47:33,480 That's it, I got to get out of here. I'll talk to you guys tomorrow 994 00:47:33,480 --> 00:47:38,480 It'll be full bar Friday. I'm thinking no savant, but let's just rock it out with some music 995 00:47:39,480 --> 00:47:40,480 Just a full show of music 996 00:47:41,480 --> 00:47:44,480 So I need your suggestions and let's really let's make it flow 997 00:47:45,480 --> 00:47:49,480 Let's have a great show that you're going to save on your iPod or whatever the hell you use 998 00:47:50,480 --> 00:47:53,480 And you're going to just just to feel happy you're going to pull that episode up again 999 00:47:54,480 --> 00:47:56,480 So more music less talk everybody 1000 00:47:57,480 --> 00:47:58,480 Daily source code dot com Adam at podshow dot com 1001 00:47:59,480 --> 00:48:00,480 Take care everybody 1002 00:48:03,480 --> 00:48:05,480 Stick it in your ear