Good morning, everyone. Im scott mcgrew. I dont immediately understand every trend in technology. Im not much of a snapchat user, for instance. But i try to get the gist of every new thing but this really surprised me. This is the inside of the s. A. P. Center in san jose during a video game tournament. Thousands of people packed to the rafters watching other people play video games. Now, they did this in person and they have watched online. Its a huge business. Amazon paid 1 billion for a video game channel called twitch and other channels have shown up as well all showing off video games to people. Rafter has more than 1. 5 Million Viewers created by dennis fong. Hes the most famous video game player of his era. If youre of a certain age, dennis fong is the joe nameth of video games. Joined by jacob ward and Michelle Quinn of the mercury news as well. Going back to all of those people packing the s. A. P. Center, if you walk through the s. A. P. Center, is it like people saying, who is that old guy . Its definitely the latter. The funny thing is, i was named fresh. That was my handle in games. They named a champion after me in the game that they were playing in. Really . At the s. A. P. Center. Most people dont know, but the majority of people dont know, which is pretty funny. But its pretty cool. Youre in the guinness book of World Records, right, as the first great champion of back in the doom and quake days. Youre in the guinness book of World Records for video games. Thats right. When i was playing, there was no such thing as professional video gaming. It kind of fell into my lap, literally. How was that possible . How could you make a living doing that . The wall street journal is what made it possible. They wrote a story of Online Gaming which was new at the time and decided to use me because i was the most wellknown gamer. They ended up with a stencil drawing of me. And you were making close to 100,000 a year . Yes, close to 150,000 a year when i was 17. And ended up with a ferrari. Give us a sense for people who are new to this. From a viewer perspective, its as large or bigger than most professional sports. Nba . Yes. League of legends is probably the most popular game in the world. The game has about 70 million monthly active players. Unique. And they are World Championships which sold out the Staples Center in about five months. It was held in germany this past year. Yeah. More people tuned in to watch the finals than watched the stream masters, i believe . Its a separate tournament. There are several ones but just the world finals alone, more people tuned in to watch that than the nba finals or world series. I have to assume tell us about the audience. I assume that at some point you age out of professional gaming . No offense, but maybe you do age out. Is the audience typically young . Male . 13 to 34yearolds. It used to be very male dominated but its changed a lot because games are more friendly to females now. I understand the thrill of playing the game but watching the game then again, i dont understand watching bowling again either. But kids will come to attend or watch it on Something Like twitch or plays tv which you run. They will watch other people play the game and watch the screen as it develops . Yes. One of the things thats really interesting, if you draw an analogy to professional sports, imagine if lebron james had a gopro camera strapped to his head, you can watch everything hes doing from his perspective and ask him questions live and hell answer you in realtime. Thats basically twitch. Yeah. And you have these lebron james equivalents in pro gaming. These guys are famous. There could be 60,000 people tuned in at once to watch one guy play for four hours. Youve mentioned sponsors but have any big investors come in to buy east 14 . Yeah. I mean, a lot of the pro sports owners are starting to get into the space. Mark cuban is looking into buying the team. Rick fox, he used to play on the lakers, he now owns team. Its dwarfed by professional sports but thats why there is so much excitement around it. Thats the challenge to you. How do you monetize this . Obviously, hey, i use only this kind of mouse and theres that. But when you broadcast a game, for instance, how do you monetize that . A lot of that is through advertising and sponsorships and product placements, much like professional sports. Sure. From a revenue perspective, the usership compared to Something Like the nfl, one of the biggest professional sports in the world, is almost equivalent but the revenues are da war dwarfed. Theres a lot of room for growth but people are still struggling to figure out how to reach this audience because the 13 to 34yearold demographic tends to be very antiestablishment, anticorporate. Right. I would also assume theres not as much sort of open cultural communication between fans. Like if im a royal madrid fan or mavericks fan, someone at a bar has that jersey on, well recognize each other and there will be a connection. Do you find that theres sort of a tapping out of peoples ability to connect with each other culturally over this stuff or i would say people learning youre not in the right demographics. If you go to any junior high or high school, people will be rocking the jerseys, rocking their names. Because there really are jerseys. Absolutely. Youre taking a lot of the examples from current professional sports and bringing them in to these sports . Yes. These guys have millions of fans. They have people just like rock stars when they are on the stage and groupies and the whole nine. You talked about the demographic of players is men and women. What do you think the future is for esports . Do women have a role, a place playing these games . They absolutely do. In fact, these legends had the first female starting player in the most recent season. As i said, the game tends to be a little more cartoony and theres a lot of different roles that you can play. In the past, for shooter type of games, its not that its antifemales but females are generally not attracted to that kind of game. I guess that is so in the s. A. P. Center. There were young women playing and fan base as well and maybe the newest generation will be much better at these young kids, they dont even think about these things as much. I have to let him go because i have to pay a bill. So dennis fong, the greatest video game players of all time and raptr with no e in it and play is on tv if you want to watch champions playing video games. Thank you for having me. Up next, a venture capitalist who doesnt care what you make. He wants to know who is on your team. As well as resources and expertise. City National Bank provides financing that meets a clients unique needs. We spend the time with our clients and listen to their issues and challenges and we go back and tailor their needs. First and foremost, youre looking at capital but the need is really deeper than that. Its someone who can form a relationship and take the time and invest the effort to understand your business, your needs and not only be reactive to your requests but be proactive to building your business in a responsible way. Get the help you need to succeed. Call or visit findyourwayup. Com getstarted. Welcome back to press here. There may be a few shakeups ahead in tech. Theres talk on twitter and yahoo may soon be for sale bought out by Bigger Companies which means jack dorsey may be moving on. Meyer has enough money to retire several times over but what if they started anew . What sort of teams would they build if they could start fresh . Marc siegel spent a lot of time thinking about teams. He has invested in teams, uber and others. Thanks for being with us this morning. You told me that teams are more important than product. Youll invest in a team based on a team, not the product . Actually, not entirely true. I think a Startup Company is a threelegging to threelegging tool. If any of those three things are missing, youre not going to have a successful outcome. So are there specific teams that you invest . Because when we talk about good teams, were talking about actual literal people. Youre actually looking at their employee list going yes, yes, yes. Oh, no, no, no. We do track specific people. For instance, we know, for instance, when somebody has a company that gets acquired. We know exactly when their Stock Options vest and when they might be spinning out the next company and we do track people that entrepreneurship is a very icer type of a process. We do have specific people in mind and theres a lot of companies that we do back we have to believe in the market and believe they have a great product but we back because of the team. I think of just like the personality of someone that would you find attractive as a business leader. I mean, in todays engineering environment, very often the skills rewarded in the market are not skills that make someone particularly pleasant to spend time with. How do you find people that are both inspiring, good managers and technically sophisticated . That feels like a very complicated cocktail to come up with. It is. And different personality types do well in different organizations. Its not always the person who is easy to get along with, who is the great product manager. Steve jobs certainly was not the easiest person to get along with. The chemistry has to be right among a team and sometimes great people dont fit in within a particular team. We do think of the dynamics within a company as well. If you were jack dorsey right now at twitter, what kind of a team would you try to make for him . What would be your dream team . Maybe not names but oh, no. Names. Well, look, twitter has obviously had a lot of turnover and the think the company is struggling to get profitable, struggling with product innovation. And jack himself is a great product visionary but i think they need more people cut from the jack dorsey mold who can really kind of figure out the next act for twitter. If twitter came out with a new product, it was popular and interesting and hired somebody that you thought was going to help, which one would you think is the most important . Well, i think that probably the person the leader for that is probably the most important, actually, and i think that person is going to help attract people. The talent you attract is not responsible for their own contribution, its that other people want to work for them. And making sure that there is a center of gravity there of people who attract other great people is really important. Periscope was acquired by twitter, you know, and that could be the nexus of a new offering for a company that gets them to the next level. Whats your view on the whole notion of a totally flat organizational structure . I feel like you could i could see a company like fresh, if it were that way, one company that has a hierarchy structure and communist structure coming together and imploding. It doesnt work well. Acquisitions notoriously, if its not really just getting to the transaction, its making them work after ward and very many of them go wrong for exactly those reasons. Im not a big fan of the flat structure. I think it works well when a company is very young and it feels like a family. Three guys in a room. But you really need to introduce and im not a fan of overly structure either. You need management chain of command. What would you say to Marissa Meyer in terms of what to do next . Sell, sell, sell . Well, i think yahoo is clearly challenged and the reason that they are seeing talent leave the company has a lot to do with how the business is doing. So this is a company that obviously does have some real units that are making money. Right. I think probably yahoo it might be time to sell the company. Theres a lot of work to do to rebuild their team. Its going to be harder and harder to hold onto that team. They can sense layoffs, thats going to drive people away. Its going to be harder to hold people together. Can do you that as a leader . Well, you can. I think as a Public Company youve got maybe a different talent pool than you look for when youre a startup. Not everybody has the appetite for the long hours, for the risk that you have in a startup. So i think it can be done. But it does become challenging. As companies decrease in value, employees have their options under water and its hard to retain talent, especially when youre in the bay area when your top employees have head hunters calling them every day with opportunities. I assume that there is i dont know. I like to think that at a certain point in your career, you can be a good technical person, good to work with and be willing to stick around even if you dont have success at the company but the bar youre describing is very high. Very. Youve got to be going up to keep people around . Well, theres a lot of things that motivate people and in particular engineers are motivated by doing a project that they feel is important, its challenging so it isnt just about the money. But talented people also want to be compensated and there are so many opportunities for great people that its just a real challenge if people dont at least see some light at the end of the tunnel to get them to stick around. Mark, i want to ask you, as we have 30 seconds left, my dream team is mack legend, john stripe and jessica herrin. Of stella and dot. Thats a good dream team. If we get them together, youll get me money, right . You get that team together, ill write you a check. Mark siegel, thank you for joining me. Hacking people hacking people. Trying to speed up evolution. Ill try to get it all straight when press here continues. Bl blam. Barracudas clients may vary but their clients are very similar. One of the clients is Southern California based my hero project. Its a digital library. We wanted to provide a portal for young people to find positive role models. My hero project is a freely accessible not for profit project relying heavily on contributors who share content from all over the globe to make a unique collaboration possible, its imperative contributors feel protected. Its security in making sure our site is safe as part of the process of trying to manage a multimedia portal. You have to understand what technology is available for you to do that and if you dont, there are problems that can come up and weve experienced our site crash. The crash was a wakeup call. We realized, okay, our platform is getting a little dated. We need to figure out another way of securing our website and thats when we looked to barracuda to do that. Its something that were familiar with. It tends to be my understanding, because of the threat, you only have some chance at actually being the hacker. Find out more about Barracuda Networks at barracuda. Com. Welcome back. I want to show you something. Chances are, youve seen it before at the eye doctor. You likely see the number 74 but there are those of you who dont. For every dozen people watching, one of you cant see that number. Statistically, 1 out of 12 of you are color blind. We have different senses. Some of us see things that others dont and that affects our perception of reality. Did i just show you a number . 11 people say yes. One says no. Changing our senses changes our understanding of the world around us and there are groups, some are scientists, some are hackers, some are trying to improve. Some taste, smell, feel through implants like bio hackers are doing or through science or genetics. Karen wrote a book about it. We have the technology. Its transforming human perception one sense at a time. Thanks for joining me. Thank you. I think its fascinating. Some people can see the number and some cant see the number. Scientists can build something that i dont see . Possibly. Nobody has built anything like that quite yet, but youre right. We all have the human body but were genetically different. Some people are color blind and some people have other attributes that we dont have. And i can see ultra violet light . Not yet but there are animals outhere who can. Nature has built that gear for other animals. For example, honey bees can see into the ultralight. Do you feel people are trying to compensate for a problem or are they trying to enhance our ability beyond what evolution gave snus. Theres a split. Actually, its fair to say that the two sides of the field are not talking to one another. Theres a lot of academics and people working for forprofit companies. They want to help people who have a medical problem and then theres an exploratory community of bio hackers and gamers, people working the Entertainment Industry saying, can we sense more . Can we do more with what nature gave snus so, yeah, they are both doing it and have different audiences. Im a reporter so im not here to tell people what to do with their bodies. My thing was i ran around the United States and other countries and getting in on a good experiment. I just want to see what is going on and sometimes i felt like the plague rat moving between these different camps carrying ideas. Scientists say this. Bio hazards are doing this. Whats the advantage for entertainment purposes . Give me an example. Some of the big deals going on has to do with Virtual Reality or augmented reality. There are cool applications for games or other portable wearable devices. Right . So what if you could bring incen in sensory information that people dont already have. Night vision. Not for gaming but military purposes. Not wearing something but rather this would be something that is in your head. The cochular implants that is inside your body. The medical researchers are doing stuff inside the body, inside the brain, for the most part. Most Entertainment Developers are working on something wearable. Who wants to have brain surgery in order to thought control war craft . Right . Its too much. Its not covered. But bio hackers, people who are doing these exploratory things on their own without the help of the medical injury, they are working on putting stuff in their bodies, not in their brains. We had a sense of the taste for a while it didnt exist, particularly i understand in caucasians which we had trouble tasting it in a way that asians did not and then all of a sudden it was described and we could taste it. Did i get that right . This is a really interesting idea. First of all, i want to say that technology doesnt just mean technology and wearables. Its something that people have made to make our lives better. The technology here is language. If youre like me, we all went to elementary in the last century. There is salty, sweet, and bitter and then savory is a concept that existed for centuries. We dont taste it. We dont taste it. We cant perceive it. Until around 2000, people discovered receptors on the tongue and the west had to accept it. The fact that the japanese had a word for this concept its what is recognized to perceive as savoriness. Some culture has it that we dont have the word for it. I read a fascinating article about emotion. A woman made that argument for emotion. Some cultures have a word for a feeling. If you dont have it, can you feel it . Can you categorize it . Now the race is going on to find out if theres a thousandth taste. There could be senses that we think are normal that 20 years from now we never realized that we had. Or we can build it. Bio hackers are trying to give a magnetic sense. It exists in nature. Fish, butterflies. People dont. This is putting in their hand . He yes. Its called a north star. A lightup compass would light up when youre facing north. They came out with the preliminary version. It doesnt have the compass element in it. The device is called north star. It seems risky to put magnets in the body. It is risky. Kids, dont do this at home. They are not even doing the surgeries so if they implant themselves, they are having professional body artists who do it. Oh, that seems fine. Right . And im sure we are very carefully editing around the blood. Absolutely fascinating book which i assume was named after the 6 million man, right . I didnt get to name it. Journalists never get to name it. Karen platoni, its a wonderful book. Thank you for being here. Thank you for having me. Well be back in just a moment. Im going to show you something that i have not looked at. Ready . Unbelievable. And now im going to try to come down. It was, by far, the scariest thing ive ever done. Ive never felt so insignificant. That is jake ward in a tree. How high were you . A little over 200 feet. Now, this is for al jazeera america. I really enjoy the quality of that program. I think it does a great job. We love having different reporters on from different places and give a different perspective but al jazeera is going away . It is. Al jazeera english will begin to stream in the United States after we go dark on april 12th so you can still enjoy the work but as an entity its going to go away. Its been a controversy. I dont think among the smarter viewers but its something that is nice to have another voice and al jazeera will continue . Rather than focusing largely on Consumer Tech we were doing body cameras and environmental degradation. Really great things. Jake ward, thank you. Thats our show for this week. Im scott mcgrew. Thank you for making us part of your sunday morning. Press here is sponsored in part by barracuda network. Storage solutions to simplify i. T. City National Bank providing loans and lines of credit to help Northern California businesses grow. Bank nbcs sports report. Heres your host. Hello, everyone. Coming up in just a moment, well bring you more than gold, jesse owens and the 1936 berlin olympics narrated by morgan freeman. Nascar, the 500, last night the sprint unlimited