The polaroid photo bar, turning the virtual into reality. All of that and more over the next hour but first, headlines from carol massar. Ceooldman sachs awarded Lloyd Blankfein a 6 million cash bonus to be paid out in three years. This comes on top of 23 million in 2013 compensation. The award can shrink or grow depending on whether the firm achieves return on equity. Grubhub surging in its trading debut after raising higherthanexpected 192 million in its initial public offering. Share assing to 34 a the company and its shareholders started at 26 apiece. The surge pales in comparison to what happened to the nasdaq today. The index falling the most in two months, dropping 2. 6 for the friday session. And the owner of travelocity is seeking as much as 895 million in an ipo of its own. The company backed by tpg capital and silver lake plans to offer 45 million shares firm 18 to 20 apiece. Back over to you. Thanks, carol massar. Payrolls in the United States boosted hiring in march, up one point seven percent. For more on the jobs report, i want to bring in executives that plan to hire more employees by the end of this year. The chief executive officer of ahns, jaunt, virtualreality software and hardware manufacturer. Flow search allows people to discover Accurate Information online. I want to understand exactly what is flow search. What kind of company are we talking about . An Interesting Company from 2010. He take realtime information from sources be it enterprise or the internet, pulling them giving it to people in the financial industry and pushing it out to anyone else. Can you give us an example of what kind of request you would get . Help full data from a lot of their software services. It andte that, take integrate it and come up with something new and exciting. Of software, we can pull that together and deliver that to endusers. I will ask you some of the requirements for the job seekers in just a moment. Explain what exactly is jaunt . What does someone have to do to get a job with you . We are based in palo alto in the heart of silicon valley. We are pioneering cinematic vr. Vr stands for virtual reality. A hardwareloping solution and the software solutions. You see the movie and youre right in the middle of it. It is a brandnew Pioneering Technology and we are looking for topnotch engineers. Both hardware and software engineers. Looking to partner with creative people that can see the to use this medium to drive new experiences. You heard the are and this immersive experience. Assuming to you describe the kind of analytics you are providing. These sound like sophisticated jobs for which you need sophisticated skills. What kind of educational background do you need . It is interesting, my vp of engineering has a masters degree in music. He is a cell phone engineer and a great openminded think er. We hired him and brought him on. He has become a cornerstone to our technology. For people that have decent knowledge of technology, freethinkers, engineers willing to build cuttingedge things. When you say decent engineers, people that have these kinds of basic skills. That may not sound basic to someone that doesnt have any of the skills to begin with. Are there entrylevel ways of participating in this industry . Absolutely. We have been partnering with a nonprofit whose name i cant think of right now but they have provided people on government assistance, provide training, get into the entrylevel position, someone that can test and get to a place where they can start at a company like mine. We look for people with a long educational background and experience in the field. When you are a startup, it is critical to hire aidelevel people. Is that expensive . It is very expensive. Were competing with the largest and most Successful Companies in technology. We have to provide something they cant provide. We are obviously much smaller. We can create a culture where people can have fun. They can also make some money, too. Just purchased and i wonder if it had anything to do with your increased popularity. As the takeover of one virtualreality companies send your email inbox to overflowing ech . Absolutely. We have more emails and we can handle at the moment. One of the things about the facebook purchase of oculus is that it validates the whole vr space. When we got started less than a year ago, hardly anyone had heard of vr. People thought we were nuts to proceed. But now you have people really looking for vr content. In our case, we provide cinematic vr content. There are really two types of contents. We are very laser focused on providing cinematic contents to the vr committee community. In thehave a background u. S. Military and have been able to apply some of that experience. Is there a threat, your ability to create a company like this . Military experience provides it was built from the ground up to have engineers that were smart, forward thinking, can do their thing. When you pull those guys , put them in a room and give them the right direction. With the virtualreality experience, i sensed something happening here. Thank you for joining us from flow search, and the chief executive of jaunt. How about house calls from a veterinarian . The foodie box service for canines. A new Service Called bark care. And we look at a vintage dread of various viola made by stradivarius viola. Well listen as we head to break. House calls. What dr. Still makes house calls . Doctors for pets, thats who. , it is to a car service being rolled out by carly strife entertain at bark and company. And her team at bark and company. This service for dogs is called bark care. Thank you, carly, for being here. How does this service work . Download the application or give us a call to schedule an appointment. We will send one of the best bets in new york city to your home whenever you need them. It sound like something that you would say, why didnt i think of that . What has been the trend . Housecalls are out there. We are building a network in new york. Appointmentsmore and it is really convenient for anyone that needs a house call. Is it essential that there be an apt for this . You mentioned the telephone. And people would be able to call you and set up an appointment . Used to using an apt order lunch and car service. What do Something Like this cost . 99 to have a that come to your home and do a wellness exam. You need blood work or any annual vaccines. And the puppy is another price . 149 . It gives you the boosters and all the care you need for your puppy. Call and always available to answer any question you have about health or general nutrition. Step back and tell us a little bit. You were involved with uber, the appbased ride service. How did you connect that with canines . I helped launch it in new york city. When we thought about health and what clients really wanted, we were able to put the operation and apply it for these housecalls. Where do the vets come from and how do they find you . We do some recruiting for some of the best bets. We ask customers, we look at reviews online. We interview and put them through a very vigorous process to find the best and client servic focused. Tell people about the bark box. Almost 200,000 customers in the u. S. And canada. We sent four to six treat every month delivered to your doorstep for your dog. Surprises every month. The veterinary service, bark care, where is that rolling out . We are live in new york as of march and were launching in San Francisco the week from today. We will be in two cities pretty soon. Themselves, are they employed by bark and company . We have vets that helped launch the staff and services so serve acan scale up and lot of appointments. Are there vets that will be able to make a living but dont necessarily have to order open a brick and mortar choosee . They can when to and when not to do appointments. Comesyou have a vet that to your house and check on your dog . Come to my care that house. They really feel comfortable and more relaxed at home than they do. And they signed up already for bark care. The two first patients. The cofounder of bark and company, the business behind care. Oxed an and now bark we will tell you about the folding bicycle, lebrothe larget retailer in the United States as the head of a company arrives right through the tv studio. Next. X nearly 20 of americans aged 16 or older wrote a bike at least once last summer. 40 exercise, five percent for commute. One bicycle can change this trend. Is trompton folding bike the newstory int h Bloomberg Businessweek magazine. Joining me now, and a rosenbloom , chief executive of nice wheel, the largest brompton retailer in the United States. Why did you decide that the Brompton Bicycle was going to be featured . A folding bike that has become very popular in europe. In lending, you will see these everywhere. Theyre trying to get a foothold in the United States. Welldesigned, they are opening up offices in portland and new york. It is kind of a cult object. A religious deal about how people feel about their brompton. You have to love something that you need instructions to snap together and snap apart. Peter, how did you get to be connected with the bropmpton bicycle . I started off doing sale s, and we did a series of videos where you can custom build your own brompton. People watching me as i just started working. Here is this part of the bike, explaining and showing it off. Explain andn you show it off is that it really does full together into a little tiny package . The smallest folding bike out there. It could almost fit in a knapsack if you really had to. While we discussed this, if you can show us how you put the bike together, and unfolded so we get an idea of how compact it is. The other thing is that it is not expensive. About 1000 . It goes up from there, the median one is 1200. The highend for folding bikes. The other thing about the bike is that it is heavy. Of much stronger material than many other folding bikes. Highquality steal handmade in england. Veryee this together and high quality because of that handbuilt aspect. The speed in which you were able to knock this bike ou . Back are there contests for people to do this . National championships all over the world, the cult of brompton. They have the fastest folding competition. Do you think you could get into this . No. But a lot of people are into it. They have blogs, they take pictures of the bike in front of landmarks as if it is their husband or wife. Does it inspire you to take trips with it . It goes places bikes dont normally go. A longtime distance bike rider and i wanted to see if this bike could do it and go that far. One night, after work, i will ride from here to philadelphia overnight. Later, i arrive in philadelphia. The bike shop i was going to visit was closed. What about accessories for this . If you want to carry anything, i imagine you want to add something to it like a basket or a satchel. There is a place you can mount a luggage block. Can move the handle bar and it is all part of that genius design. What kind of volume are we doing in the United States . We ship all over the country and you can always buy one from us to ship to you. We probably did 700 or 800 bikes in 2013. Sold in the000 United States. But they are hoping to grow that number in the next five years. It folds of small, you can put it under your desk if there is no specific area in which to store the bike. It is made for people that live in small apartments, on the subway, and it is really for the city bike rider. Thanks very much for being here. Peter is here from nice wheels. And am a rosenbloom from Bloomberg Businessweek. Check out the newest edition of businessweek on newsstands. Download the Bloomberg App on i phone and android, next. More, next. This is taking stock. Im pimm fox. Its go to radio cohost, carol massar. Pentagonhagel says the could send additional u. S. Troops to europe in response to tensions over the ukraine. Ugly with bloomberg in hawaii. Peter cook asked him speaking exclusively with bloomberg in hawaii. I dont think anyone misjudged vladimir putin. Discuss back to 2008 when putin invaded georgia. This is not a particularly new approach that he has taken. What you always have to do is be prepared. They want to deescalate the ukraine crisis and reach a diplomatic solution. In other headlines today, houseeb says the needs new leadership. He says the current directors dont own enough stock to ensure that their interests are aligned with theirs. Thanks very much, carol massar. Withature individuals major, schmitz that might not have happened without that aha moment. The Public Relations girl for she finally hit what she describes as rock bottom. Gabrielle bernstein is the New York Times bestselling author of may cause miracles. She has a new book out called miracles now. Thank you for being here. Thank you for having me. I want to understand this hit rocknt when you bottom. I was 25, running a pr business, representing nightclubs here in new york city. Me to can imagine, it led some dark areas in my life, really looking to find my happiness outside of myself and an external circumstances. By the time i was 25, i had a great quarter life crisis. I say great because it was a turning point for me. What is a quarter life crisis . 25 is it specific because you accomplished so much by that time and it leaves you feeling like you need to do Something Else . I was accomplished on the outside but internally felt very bankrupt and disconnected. I was really using myself in a lot of ways with the parties leaned party scene. Not sleeping enough. Life around,y own i created a new career path. Tell us about the moment where you leave the past behind and start something new . Was gandhis birthday in 2005 and i was having this divine moment of realizing this is not the path i meant to be on or the direction im supposed to go in. I made aprayer, miracle, i needed change. Get your life together, get clean. I got sober at that time, i started to pick up my spiritual roots. Recovering, i of started to teach people how to do the same. This idea of having other people with you on this journey, are there certain people that you have to leave behind because they are not going to help you get where you want to be . You start to change your energy and your energy is no longer a match for everybody around you. As you elevate, they may not elevate with you. Lets talk about your achievements. A book on the bestseller list of the New York Times. I am thrilled to say that is one of the accomplishments in my life. My i hope it is times bestsellertime as well. You have also lectured at corporate venues. I think when anyone is speaking their truth in an authentic way and telling people how to be happier, it will be content the world wants and needs. It is not a surprise to me. I know when the latest book, it is based on practical things that people can do to deal with the stress that most people have in modern life. 108 short exercises for people that are stressed out and need to change their perception and get out of a bad mood quickly. Leaders were asking readers are asking for tips they could use now. The miracle not 10 years from. Ow but miracles now we needed tools for reorganizing, doing it quickly. We have so much information and so much stimulus, it is keeping us crazy and chaotic. I want you to describe number 27. Forgive and delete. Has anyone out there dealt with haters on the internet . People like to say negative things not just on the internet but in real life. For the folks out there being negative on mine, this is forgive and delete. Rather than let these comments take you down, my message is forgive and delete. Clear the energy and the space. Your social Media Presence has been part of the success of your books. Anyone that puts themselves out and the world in that way is sometimes going to be the victim of some negative stuff. You have to have a clear understanding of how to handle this. As it becomes more popular, you attract more people and you have offers to do other kinds of experiences. Is there a point at which you say you have done what you wanted to accomplish and you will find Something Else . You will wait for 25 years to change the outlook . I am absolutely in love with what i do. Look what he is my most cherished moment. I will be doing this for the rest of my life. There are comments having to do with being able to bein celebrate yourself. I think it is important to celebrate the small successes. Ourselves and create more abundance of greatness in mour life. There are moments we make a change or release negative habits. Whatever it is, we have to celebrate that. Gabrielle bernstein, right place, right time guest. The author of the new book miracles now. Remember polaroid . Is it dead . No. The man bringing print photos to life. And old world craftsmanship meets the new digital age. Withadivarius bought bitcoin currency. Worth 45 million. We have a stradivarius right here. Next. As sothebys is gearing up for the auction of perhaps a 45 Million Dollars stradivarius, my next guest are busy orchestrating a stradivarius deal of their own. The leo group recently purchased a rare multimillion dollar stradivarius using the bitcoin currency. I am joined by matt allen, the senior managing director of leo group. Us is shawnning carpenter, the chief executive of carpenter violins. Thank you for being here. I want to see if we can do this. Its a story with a lot of pieces but i wonder if you can start us off here. You are an alternative asset manager looking for something that is not correlated to stock market returns. You ended up being connected to Musical Instruments . It is a complicated transaction. For is ane looking investment that is not correlated with stock purchasing. Assete trying to find an with finite appeal. We are big investors in gold. This has the same sort of finite appeal. It is a rare instrument. A supply and demand in balance and all the qualities we are looking for in an investment. You identify a particular asset. In this case, a rare stradivarius violin. Come into the picture because you know all about rare stradivarius violins. You have one with you now. These are priceless objects that are very rare. There are only a few hundred that are traded in many decades. And they have a very long life these are icons of the Musical Instrument world. What a 5 million is an estimate one might go for. It is singular and unique. It is one of only 10. The violins are a few hundred. They are owned by private individuals. Foundations, banks, museums. They are highly coveted instruments. Andin terms of the sound aesthetic beauty of these things we got it. These are the kinds of things that a lot of people would want to have. Locate one orto you had one because you stand in between a transaction of someone who has an instrument and someone that is looking to purchase an instrument . You meet matt, you connect, and matt asks sean i have somebody interested in purchasing a stradivarius violin . My firm bought it with the client. Why did you use bitcoin to do this . There is a little bit of background as to when we first met. We invested in a few gold mines in california. We used gold to purchase this because it had the same qualities as gold. Investment, because of its nature, we were actually trying to complement it with gold investment. That the finite nature of and we believed in the value. We tried to purchase it with Gold Holdings that we had and it became logistically difficult. Right around the same time last financial me the First FinancialServices Firm to accept a bitcoin. It was Significant Holdings in bitcoin and it is difficult to transact in any form, much less large sums. And we had large sums at our disposal. If it is going to be this logistically difficult with gold, bitcoin might be a better avenue for this. You called sean and said we would like to do this deal and purchase a stradivarius violin using bitcoin . He was pretty skeptical. I had mixed feeling about the actual asset and all the news surrounding it. Fors agnostic in terms of or against. But it is Serious Business here. The instrument is worth millions of dollars. We were interested in transacting but also protecting the downside risk. That is why we spoke to matt about this and discussed ways that we can get around this type of risk. Bitcoin comes to you and you monetize the bitcoin. You sell it as quickly as you can . Its a little more complicated than that. Because we knew that they probably wouldnt want to engage in the transaction. Waswe first met, bitcoin probably less likely to be the currency of choice. When we executed the contract, we were not closing until march 24. That was really the time that it could have been tremendous volatility in the currency. But we are treating it for our purposes. We had to protect them. We will create a derivative , a complicated financial instruments. We had to engineer that to make this transaction possible so that we can say to you, you will be completely hedged of that risk. No matter what happens to bitcoin, you will be able to collect in u. S. Dollars. Is that what you are able to do . Yes. You are paid, happy, the leo group has the violin. Do you pass that along to an investor . Keeping it. Can you just play a little bit . I know you are a musical wonder cant wunderkind. When you play something this valuable, are you concerned gekko are you worried . Are y ou concerned . Are you worried . This is much covet as investors because it has a special sound and something unique. I will demonstrate a little bit. Put him on the spot. Good. I might need a little more space. Go right ahead and we will figure this out. Less than a minute. I will try. What are you going to play . Cerpt of the ballad number three. Go ahead. All right. I got to thank you both very much. Senior manager of leo group and shawn carpenter, the chief executive of carpenter violins. From facebook to your mobile phone, taking digital photographs and sharing them with friends has grown into a tremendous business. Yahoo estimates that over 880 billion pictures will be taken in 2014. Those are just the ones you keep. Out. Y seems to print them by next guest says he can fix that. War and founded the polaroid photo bar in 2014. It is a place in which you take your digital photographs and turn them into physical memories. Welcome to taking stock. Lets are with the polaroid name. Youve taken the name and you are using it to connect old to new . Is one of the greatest brands of all time. The top 10 most recognized brands. It is deep in our culture, deep in the veins of society. It we are blessed to have it. Tell us about this photo bar business. Ask everyone is a photographer. From 10yearold kids to my mom that is 77. Lots of pictures. Last year, we learned that more pictures were taken then all of modernday history combined. Decided to do something about it and we invented a brandnew concept. First of its kind and experiential. Take the best pictures you have and liberate them into something really special for your wall, desk tom or shelf. Alwall, desk, or shelf. 6s. Ont make 4 by you can buy a polaroid for one dollar or you can buy something on beautiful bamboo for 500 and all the way in between. Some of the products you walk out with immediately. That is what polaroid is all about. Or sometimes we ship it to you from the factory in a few days. The original Concept Store in florida i gekko an . And because this is successful, you are going national. People really do want to physicalize their pictures. We opened the first in delray beach, florida. Flagship storee in las vegas on monday at a brandnew development on the strip at a place called the link. A multilevel flexure polaroid photo bar. You dont go with duds, right . We are going for the fences on this one. Keep us uptodate. The founder of the polaroid fotobar. Life. Ictures in real imagine. Thanks for taking stock. Im pimm fox. Goodnight. Live from pier 3 in San Francisco, welcome to bloomberg west where we cover innovation, technology, and the future of business. I am cory johnson. Bloom. Eline is in full the latest 2 companies are grubhub and opower. They take aim. Lets check in with top headlines. ,he socalled twitter of china a price range of its ipo. The company will sell 20 million shares