Say you cant prevent that. Babyboom, we talked to two innovators changing the fertility and baby tech industries. But first, our top story. The Trump Administration is considering a new tactic in its trade war with china that would be a limited trade deal. On the u. S. Side, that would be delaying or rolling back tariffs, and in return, commitments from beijing on ip on intellectual property and agricultural purchases. To discuss, is sarah mcgregor, covering all things trade war for us. The markets on thursday seem to like the idea of a limited trade deal. What does it involve . This would mark one of the biggest breakthroughs in the impasse since may when the two sides had a deal in the u. S. Accused china that reneging on those agreements. The u. S. Would stop the escalation or rollback tariffs if china agrees to some fundamental reforms on ip, propertyellectual and buying more u. S. Farming goods. This could meet chinas needs, because their number one demand is the u. S. Rollback these tariffs, stop the escalation, and get rid of the tariffs. From the u. S. Side, it would get some of those things it has been asking for, ip theft and narrowing that trade deficit. This is a big if. We have midlevel talks next week, and that could pave the way for senior level talks in early october. Taylor you mentioned ip theft, what other conversations about the tech sector are they having . Sarah the tariffs are predicated on the ip theft question. The u. S. Put these tariffs in place because it identified this ip theft as a National Security risk. That is meant to protect u. S. Tech companies, but u. S. Tech companies are now caught up in the tariffs. The december 15 tariffs will hit major apple products with the iphone and other products, so there is a give and take on this. The tariffs have been predicated on helping u. S. Tech companies, at the same time they have been caught up in this with tariffs on products they are bringing in from china so i think Everyone Wants to see a resolution to the trade war and away for the u. S. And china to get back to business without this threat hanging over them. Taylor we got a trump tweet yesterday about delaying the trade tariffs from october 1 to october 15. What did that signal . Sarah trump has delayed tariffs before on chinese goods, then went ahead and gone through with them. We have heard Peter Navarro and Steven Mnuchin say today that this delay is really about the politics in china. The u. S. Out of respect for china does not want to hit tariffs on october 1 symbolically, so they are waiting for october 15, but it opens a window for these u. S. China talks to take place. The head china negotiator is supposed to come to washington meet with Robert Lighthizer and Steven Mnuchin and, so it leaves a window for a deal to potentially avert those tariffs altogether, so there are a lot of balls in the air. Taylor Steven Mnuchin is saying huawei is not a pawn in the trade talks. Can we say that for sure, or is that clearly a separate National Security issue . Sarah trump brought it up himself when he met xi jinping last. He promised to get through the special licensing despite remaining on this blacklist, but those have not come through. We have heard a tied to how trade talks are going with the willingness or nonwillingness to get the special licenses, so it is hard not to interlink those two issues at this point. They are not an official part of trade talks. We would not expected to be addressed as part of the trade deal, but it is part of the relationship between the two nations, and definitely an irritant at this point. Taylor a discussion that will continue. That was sarah mcgregor. Thank you. I want to look at a company impacted by the trade war, specifically broadcom, which just reported thirdquarter results. It says even though it did beat analyst estimates on earnings per share it reiterated the bearish annual forecast to three months ago. Shares were slipping and post market trading. Joining me on the phone is jim mcgregor, a principal analyst at one research firm. Give me your high look at broadcom and how it fits into the trade war. They did come out with earnings, any broad thoughts you can give to me . It is ironic. They have been hit on two aspects. One, the proposed acquisition of qualcomm last year that was blocked over National Security concerns, but now they are getting hit because they self a they sell a significant amount around the world to chinese vendors, and with that chinese door being shut in chinese vendors told to look elsewhere for parts, that is impacting him greatly, especially huawei. They sell almost 1 billion to huawei. Taylor is it correct to fold broadcom and huawei into trade, or should they be separate National Security issues . Jim they should be considered part of the trade issue. The entire Electronics Industry is a global ecosyste companies have developed that system over decades. I can think of a single u. S. Or european or western company that does not have facilities, engineers, people located in other countries, including china, taiwan, india, other places. It is the same with a lot of Chinese Companies with locations around the world. It is a major issue, these tariffs, trade wars, a major issue for every hightech company right now. It impacts their ability to trade with partners, but do business amongst themselves or operate their business with having entities around the world. Taylor jim, i want to show her tv audience what we are looking at. I want you to look at this chart inside the bloomberg terminal. We are looking at the price of broadcom, then wall streets price reaction. They downgraded that stock in price target in june when the company cut its annual forecast, so i wonder as you look at the company, is the worst behind it, or do they still have a lot of headwinds ahead of him . Theem . Ahead of them . Jim they definitely have a lot of tradewinds. Not just because of the trade war, but they have been through this massive wave of acquisition after acquisition, so it has been hard to get a baseline on that company. I think we are trying to find out what that baseline is, but they are facing this same headwinds that every other Semiconductor Company is facing, the fact they are losing market share in china, and we may be pulled into recession for the industry and overall economy because of the trade war. Taylor jim, within your broad analysis of the tech sector, chipmakers, how is sentiment . Do you see Companies Pulling back from tech spending funded global uncertainty . Jim absolutely, especially in the enterprise. Every time you get a hint of recession, i. T. Personnel start pulling those funds back and delay those purchase and acquisitions based on what the outlook of the business is. With fear of an Overall Economic recession or slowing of the economy, that is causing concern among buyers, so we are definitely saying and you will see that by the end of the year with consumers as well, so it is pushing our industry toward slower growth, if not negative growth into 2020, if we dont see a turnaround in the trade war. Taylor a smart recap on broadcom and all things around the chipmakers, jim mcgregor, thank you for joining me. Meanwhile, google will pay 1. 1 billion to settle two investigations. The company has faced years of outrage over the small amount of tax it paid in europe. One case is a french criminal probe into fiscal fraud allegations, while the other concerns back taxes. Google acknowledged the facts, but did not plead guilty. Coming up, the tech ipo roller coaster, wework and others make their way towards the public markets, but should they expect the same things as uber and lyft . This is bloomberg. Taylor the cofounder of peloton went from kickstarter to the verge of a 450 million fortune. The Company Started making its exercise bicycle after raising 307,000 in a 2013 crowdfunding campaign. Now he is hoping to raise 1. 1 billion in pelotons longawaited ipo. Peloton is not the only tech ipo we are watching, cloudflare is expected to price shares as it seeks to raise 490 million in its ipo. Investors will be watching the Companies Trading debut in new york on friday as another indicator for other Tech Companies in the pipeline. Meanwhile, anxiety continues to grow around weworks offering among a plummeting valuation. Joining me now is our guest. Clearly a lot to digest. I wanted to stt with cloudflare. What do you make of the fact they are looking to boost the price range . Truly amazing. We have been reporting they boosted the pricing from 12 to 14. We had a lot more optimistic sentiment two days ago among these ipos. These ipos that boosted their pricing did well. Taylor talk to me about peloton. What is the tone . Sonali two days ago, everything was ok. Today, when smile direct club was going to market, the nasdaq was up. For them to fall so much has cast a cloud over a lot of these listings about to happen because investors want to see a stronger bottom line. Revenue growth is not enough, and you have had ceos and investment banks saying so, which is something we are hearing for the first time this year. Taylor what changed . Sonali investor sentiment, a lot of people are saying they want to invest in stocks that are big and steady, value stocks instead of growth stocks. The wework cloud is over everything now, and people are looking for company showing stronger revenue growth, stronger bottom line, and governance they feel comfortable with. People are worried about the overall environment and are starting to at some point get more cautious on what they are investing in. Taylor we talk about cautious, but you were talking about how the nasdaq was higher. We saw another ipo, smiledirectclub. Sonali they ended up down more than 25 , which is something we have not seen since 2008, a company that priced above its range and then went to market and dropped in the first day of trading. You had uber drop in the first day of trading, but it priced at the lower end of the range. We are waiting for cloudflares pricing tonight, whether it is in a range that they have already increased, that doesnt indicate they would trade well tomorrow, which is scary for investors. Taylor another thing scary for investors is all about wework. What happened . Sonali we will see if they kick off this roadshow monday. Bloomberg has been reporting the valuation could be as low as 15 billion. Earlier this year, Goldman Sachs were thinking it could be worth 65 billion, which is over the 47 billion in valuation earlier this year. We are watching valuation go down. Softbank is considering more private capital injected into this term to help it turn around so it can go public in a way that would be more pleasing to investors, but that is still up in the air and it is yet to see how they will get this ipo done. Taylor there is news that wework is considering changes, including removing the founders wife from their succession plan. Is that enough . Sonali they still have the voting shares which gives them 20 times more power than other investors. It depends on how they change their Corporate Governance. It will be a big deal for how investors view the stock. If softbank takes a bigger stake in the firm, what interests me here is they have a bigger stake than newman, so who controls the company, softbank or adam newman . The wife stepping back is one thing, but there are other Corporate Governance challenges they are facing in trying to clear up before an ipo. Taylor finally, if you look at the landscape of ipos, who is to blame . The bankers come of the companys lack of profitability, the market . Sonali people like to blame the banks for pricing to high. Institutional investors like the pop. Investors like it to be stable. This is a tough one. These ipos traded well, traded up, but now in the blink of an eye it is not working for them anymore, so we will see. Taylor we will. Thank you for joining me. Coming up, we look at how wall street reacted to the sudden announcement of oracles ceo taking a leave of absence. That is next. This is bloomberg. Taylor lets continue our coverage of oracles new power structure. The company struggled for more than a year about whether to disclose mark hurds illness. Oracle announced he would take a leave of absence for healthrelated reasons. The person who shares the chief executive role with mark hurd assured that it could work. Mark was extremely engaged with the business through the end of the quarter, but now he needs to focus on his health and taking care of himself. As the three of us have always worked as a team on managing oracle, larry and i will cover marks responsibilities during his absence with support from the rest of our strong management team. Taylor to discuss, im joined by the person who covers all things oracle for us. Why did they wait so long . Oracle fought mark hurds hurdsght that mark health was a private matter. Larry ellison was Close Friends with steve jobs and him through the end of his life, never had any problem that was discernible as steve jobs did not disclose his Health Condition or severity , and oracle thought because it had such a deep leadership bench with two ceos in an executive chairman, they thought it would be sufficient. The company has not been known to be the most transparent and has always had a question of Corporate Governance because Larry Ellison is the largest shareholder in the company has premuch disclosed what it wants to. Taylor what have analysts you have been speaking to been saying when you should be disclosing Something Like this . Nico there is a range of perspectives among analysts. One said this is a private matter. I certainly hope it is not true, off the record, they knew that something was up with mark hurd s health. In some said this is not a Transparent Company in the first place. They should let investors know so that they have the right to make a decision on how important this. Everyone agrees that mark hurd as one of two ceos is not the most consequential at oracle, and Larry Ellison come if he had been facing a similar condition, it might be more consequential for the fortunes of the company. Taylor like you mentioned, Larry Ellison, so talk to me about that deep leadership bench , which is why they were insulated from this given how many people can be in charge there. Nico you have these three people from all fascinating with different back stories. They set up the structure five years ago in 2014, and mark hurd has been with the company for nine years this month, and the idea is mark hurd, this consummate salesman, could oversee the Sales Organization from a marketing, a few Business Units organization, marketing, a few Business Units, backoffice things, legal, finance, human resources, and Larry Ellison overseas product and technology, so the idea is leveraging the strength of these three people, but over the last year they have made some changes in that Larry Ellison took away mark hurds oversight of the Marketing Department and put that under his own control, having his own chief of staff, as well as an outsider he brought in, manage a lot of oracles oracles Marketing Efforts when he thought the brand image was languishing. Taylor outside the leadership change, the basic fundamentals of the company, where do they go next . How do their earnings and nets quarter look to you . Next quarters earnings look to you . Nico oracle made themselves a superpower in the technology industry, the worlds secondlargest software maker, by having on premise software. What we saw in this quarter is what we have seen in many others, when it comes to Certain Applications running on the cloud, the growth rates are healthy and in double digits. When it comes to hardware that they make some servers. That is shrinking, and this huge base of support they have had, that has been stagnant, so the company will have to accelerate its new database products. Taylor like you said, the cloud is all the rage, have to keep pushing towards that. Coming up, regulating big tech workplaces. Google and amazon getting an ear full from washington lawmakers on how they treat their workers. That is next. This is bloomberg. Devices are like doorways that could allow hackers into your home. And like all doors, theyre safer when locked. Thats why you need xfinity xfi. With the xfi gateway, devices connected to your homes wifi are protected. Which helps keep people outside from accessing your passwords, credit cards and cameras. And people inside from accidentally visiting sites that arent secure. And if someone trys well let you know. Xfi advanced security. If its connected, its protected. Call, click, or visit a store today. Taylor this is Bloomberg Technology. The National LaborRelations Board has ordered google to let its employees speak out on political and workplace issues according to dow jones. Joining me to discuss, Bloomberg News tech editor alistair barr. Alistair google, this has been a longrunning thing for about two years, and i find it super interesting, personally, because google became the company it is partly by letting employees all the way down the organization speak up and say things. That way, ideas bubble up and some of the great inventions google has made is because employees are allowed to talk. In the last year or so, that has spread into the political realm. A lot of employees at the company are talking politics rather than Product Development stuff and google in general has been swept into a lot more politics over the last few years. Google has been trying to crack down on that. Some employees have complained and filed complaints to the nlrb, and finally, the government is saying basically on some subjects, employees have to be able to speak out. Taylor how much of a distraction is that . If we are sitting around talking politics all day, google is probably thinking thats a distraction, get back to work. Alastair i think it totally backfired and googles face a bit. They do value the idea of employees being able to openly speak out on the issue of politics. The back story that some employees have been protesting against the companys decisions to work with the military, for instanceon ai ojects and also on an extensive Search Engine they are working on with china. The problem with that is that is basically employees getting in the way of what the Company Wants to do and causing real problems for it. The background to that with google was kind of trying to quash that a little bit as well, so they are walking a fine line. Taylor how does google respond to this . Alastair people we have spoken to in recent weeks, what they would really love the phrase is lets get back to work. They would love for employees to keep talking to each other, but to talk about the news and new goaps thg we are building or Something Like that rather than saying they dont want google cloud to work with customs and Border Patrol and things like that. What they want them to do is talk more about product stuff. Taylor thanks for joining me. Sticking with government and big tech employment, president ial candidate and senator Elizabeth Warren is going after amazon. She and two other Democratic Senators called out the ecommerce giant for ignoring labor laws and fostering work conditions that are detrimental to the safety and basic humanity of its workers. Spencer joins me from seattle where he covers amazon. Elizabeth warren really coming after big tech here. What is her argument . Spencer this comes after a couple of hardhitting investigations from buzzfeed and propublic a propublica which has examined its Delivery Service, which it built up quickly through a network of contractors. Those investigations found people being paid by the day under conditions where safety becomes secondary to getting the packages there on time. They actually identified crashes and deaths involving this network of partners. Warren and senators are letting amazon know they are paying attention to the issue and simply distancing the company through an Intermediary Company is something they are concerned about and something they are watching. Taylor you have to worry how concerned amazon gets about this, or if it is for them another day, another attack. Spencer if you think about the notion of uber and the gig economy are big examples. Unless there is actual regulation or Movement Toward regulation, they dont have to take it very seriously because this has been the law of the land for quite some time now. Taylor you went to right where i wanted to go with, of course, in california, we are all watching ab five, which is a law that stipulates employers have to treat employees as real employees and not just contract workers. Any sense that amazon is seattle amazon in seattle could see that transition to more of a federal law . Spencer they would have to be concerned even if it existed only in california because thats the big thats the biggest market for them. Amazon has multiple systems to accomplish delivery. Where it could potentially hit amazon is in this flex network where they actually have an overtype Delivery Service were people in their spare time in their own cars could deliver amazon packages. Taylor thank you. A Venture Capital firm cofounded by peter thiel is fielding questions from the fbi following a complaint by a former employee according to a person familiar with the inquiry who asked not to be identified. The fbi has question people close to the company in recent months regarding financial misconduct at the firm. Mythical capital has roughly 3. 2 billion dollars under management and holds stakes in more than a Dozen Companies including palantir, also started by Peter Thiel Mithril capital. Coming up, we talk to the man behind this new bassinet on where it is headed. He is the man many parents consider a sleep savior. Hes part of our med tech series, wired for health, next. This is bloomberg. Taylor all this week, Bloomberg Technology explored medical technology in a series we are calling wired for health where we look at how innovation plays a crucial role in sustaining health. Today, we are looking at Fertility Technology as the global fertility industry rakes in approximately 25 billion. Its growth is expected to be explosive. In 2026, the industry stands to make 41 billion in sales. One of the pioneers of technology created to help women track their cycles effectively is a swedish physicist whose app is a digital Birth Control, which is the first of its kind approved by the fda. Thank you so much, and i welcome you to Bloomberg Technology. Talk to me, how does this work . Thank you for having me here. Women measure their temperatures in the morning when they wake up and enter it into the app and an algorithm runs in the background and returns a red day if they are at risk of fertility and need to use protection or a green day if not. Our company is not about moving fast and breaking things, but rather about having a quality system and how to ensure quality in all kinds of aspects and a lot of Clinical Research behind it. Taylor how did you come up with the idea . It was based on my own need for such a product. I was looking for a nonhormonal noninvasive Birth Control product for myself but i did not find such a product on the market, so i used my knowledge from particle systems to analyze body to to see when i am fertile or not. Taylor how important is it that it is nonhormonal . That is the key difference between this app and some of the other Birth Control methods on the market. I think when it comes to first control, it is important to have choice. Not one woman is the same as any other woman. Some women have side effects from hormonal Birth Control, a then they are in need of another method that still has to be effective. Taylor we are Bloomberg Technology, which means we talk about numbers and data and math, all right in your wheelhouse. Talk about the funding environment. What types of investors are into your product . I think Womens Health in general use to be underfunded and underresearched, and luckily, i think we have seen a change in this area in the last five years or so. Natural cycles has raised 30 million so far from Venture Capital, and i think it is really a health area right now. A hot area right now. Taylor how do you respond to critics who say there has been unintended pregnancy . When it comes to Birth Control, unfortunately, no method is 100 effective, and our clinical studies show Natural Cycles is 93 effective under physical euros and 98 under typical use and 98 effective under perfect use, and that is around the same effective business effectiveness is the pill but less than the iud. We, of course, empathize with women who experience unintended pregnancy no matter what method they choose, but this is something that needs to be known, and education levels are a little bit slow around that. However, we are the only cleared fda cleared in the u. S. And also the only certified medical device app for Birth Control in europe, so we have passed all these regulations. Taylor you have this amazing app. Where do you go from here . Wheres the next opportunity for growth . I think our path really lies in providing value and insight from data for women and our mission is to provide Womens Health with research and passion. We are starting to look into what more insights we can give to her to know more about her body and how she is feeling right now. Taylor as a woman, i am certainly fascinated. Parenthood has its own opportunities for medical technology and investment. 3. 8 million babies were born in the u. S. Last year, and with that has come an explosion of tracking apps and Monitoring Technology meant for things like naps, feeding times. One of the struggles getting an infant to go to sleep. There is technology for that, too. An author, pediatrician, and cofounder of the Happiest Baby Company invented a bassinet easing technology and data. Using technology and data. He joins me now from los angeles. Thank you for joining us on this new series that we are doing. Im fascinated by this. I do not have children. What is this . Walk me through it. The basic idea babies in a certain way or. 3 months before are born three months before they are ready for the world. Their heads get so big they have to be born, otherwise they will be too big to come out, so your job is to hold and rock your baby. Even if you do that 12 or 14 hours a day, thats a rip off from the babys point of view compared to what they had before. Everyone knows if you rock a baby, they will sleep an hour longer. We have the technology not just to recreate the womb experience, but its a responsive baby bed, so it hears when the baby cries and increases motion and sound, imitating an experienced caregiver. We are able to add to the babys sleep, able to calm crying oftentimes in under a minute, and we are able to sleep train babies so that by five or six month, you dont have to go through a cry it out routine. Most importantly, as you can see, the little wings on that sleep sack, we prevent the baby from rolling over which is the number one risk of infant sleep deaths. Taylor i want to talk about other things on the market. You have scheduling, naps, breastfeeding, timing. How does your technology differentiate itself . Really, all of those are struggling to take a baby out of the natural environment, which is the womb, and make them exist in a very bizarre world. Inside, they are constantly held, rocked, and shushed every single second of those nine months. Then when they are born, we put them on their back in a flat, nonmoving bed looking up at the lights. Its a very abnormal position and posture for the babies, and because of that, they wake up much more frequent the. When you imitate the womb experience and do that responsibly we have demonstrated and analyze the sleep data on over 7000 babies, the largest sleep study ever done, and we are able to increase the babys sleep by one to two hours, which scientifically is the highest level of proof you can imagine. I just want to say part of the goal is sleep, but part of the goal is also to prevent problems associated with the lack of sleep. Postpartum depression, infant sleep death, obesity, car accidents, marital stress. Billions of dollars of Health Care Costs and billions of dollars of employer costs because of poor productivity, errors and accidents in healthcare costs. Who knew that crying little babies and sleepless parents really led to billions and billions of dollars of impact on our economy . Taylor we talk a lot about advanced technologies. Walk me through how you are incorporating cloud, ai, Machine Learning into your product. The bed is based on a sophisticated algorithm so that it is able to respond to the babies needs in real time, but our goal is to have the bed respond to each individual baby. Right now, parents can change settings to modify them because children do not just, you know, sleep better and better and better. Its hills and valleys. They go through colds and growth spurts and teething, so the bed has to adapt when the baby is going through those transitions. Right now, parents can do that through the settings, but ultimately, we will have that through ai. We are collecting the largest data set on infants that has ever existed in humankind, so we will be able to analyze that and look for other evidence of issues, problems, illnesses. Its a very rich data set to examine. Taylor talk to me quickly, how is the funding environment . Who is investing in your company . What is so great that investors, so many are young parents. They are familiar with my work and familiar with the stress of dealing with exhaustion. Our last round was google ventures, but we have others who joined us on the a round. Taylor wonderful. Thank you to dr. Harvey karp of happiest baby. Still ahead, we discusseth future of the industry next. This is bloomberg. Taylor there are more than 2. 6 billion gamers in the world, and most consider themselves competitive gamers, thus giving rise to the esports competition. Im joined now by the ceo of Super League Gaming in new york. It operates in Esports Community and content platform for players of all skill levels. I first have to ask you we have seen really explosive growth recently. How do you make sure your business is run for the longterm, even though recently it can feel a little bit like a fad . Its a great question. In some ways when youre entering a new market space, very nascent, dont even know how to define the edges of how big a pie, how big this commercial market space can be, many investors see it as a fad until they have children or grandchildren that game. A light bulb goes off. They realize gaming is not something you grow out of anymore. They realize they are spending as much time watching other people game as they are playing themselves and this is something becoming increasingly multigenerational. With that, i will say we are very uniquely positioned as the rare, pure esports play listed on nasdaq. Most of the sports activities you are seeing are really private investments. They do have high valuations, so its all of those things when it is an earlystage space. Often, people think and worry about a bubble. What i would tell you is this right now, projections for esports is that it will be a 3 billiondollar Global Market in 2023. I used to run a 3 billiondollar business for bp 10 years ago, and i would not get out of bed if that was just what this was worth. I think it goes back to gaming is how people want to spend their time now is a primary interest and we are just gearing just figuring out how big the category can be. Taylor you did ipo about six month ago. How different is it being a Public Company . I did believe i would wake up every morning in l. A. And stare at my stock price every day. Im delighted to say i do not do that. I am fortunate i have a lot of supportive come along Holding Investors who are excited about our delivery and kind of tell me not to look at the stock price day today, just the liver. Just deliver what you said. That said, it is a strange thing that happened. We have a pretty experienced leadership team. Top talent from game publishers like taketwo, endeavor. We are a bunch of grownups who all of a sudden got a big jolt of adrenaline the day we went public because it is extremely focusing and with all that transparency of being public, it also feels hugely empowering. We often say we sit around the table now and talk about opportunities that i dont think we would have dreamt of when we were sitting there in the small, private owned space. You have a lot of adults who are taking it seriously that our credibility is on the line. We know there is a lot of money to be made in these sports and we are determined to be the leaders in proving it. Taylor do you see future growth in the amateur or more professional space . Super league exists for the amateur. Most of the press has been about the pro level. That is 10,000 or 20,000 players around the world. You said in your opener, theres over 2 billion gamers. If you think about it, it is like valuing what is baseball worth globally and only looking at mlb. What about not just Minor Leagues and college and high school, but the recreational Softball Club . What about Little League . Our premise from the beginning was that great validation, that aspirational path to the prose to the pros is wonderful, but that we were all about the base. We wanted to give every day gamers the chance to level up and have that same kind of recreational and teamwork experience we all had playing traditional sports. We did i must say, though, and it is a hallmark moment we did just have a 17yearold coming out of our leagues actually get offered a contract to the pros. For most of us, just like with regular sports, we will enjoy the love of play. Taylor given your vast career history, biggest take away . Biggest take away is that timing is everything when you are an earlystage company. Market fundamentals have to have wind behind your back, and the mainstreaming of these sports is the real legitimacy. Taylor thank you for joining me. That does it for this edition of Bloomberg Technology. Live streaming on twitter. This is bloomberg. At comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses beyond the expected, to do the extraordinary. Take your business beyond. The following is a paid program. The opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. Announcer this program is a paid presentation for omegaxl, and is brought to you by great healthworks. Larry welcome. Im larry king, and im here today to report on a significant healthrelated investigation that has been taking place for the past couple of years. The information i will provide you during the course of this show is le