1 00:00:07,132 --> 00:00:08,133 (People chattering) 2 00:00:08,217 --> 00:00:09,218 (Dramatic music playing) 3 00:00:18,185 --> 00:00:20,395 Ooh, fuck. Yeah, it doesn't matter. 4 00:00:20,479 --> 00:00:22,231 Whoa. You okay there, Richard? 5 00:00:22,356 --> 00:00:24,191 Uh... yeah, I'm fine. 6 00:00:24,274 --> 00:00:25,984 Sorry, I can't really throw it any slower. 7 00:00:26,068 --> 00:00:27,319 Give it another cut, Richard. 8 00:00:27,402 --> 00:00:29,154 No, I'm fine. I don't want to. 9 00:00:29,238 --> 00:00:32,115 Maybe someone else wants to. Who's next? 10 00:00:32,199 --> 00:00:34,868 If someone has to go, I'll go, but it seems very frightening. 11 00:00:34,952 --> 00:00:36,662 You sure? You got us for the whole hour. 12 00:00:36,745 --> 00:00:40,123 - Anyone? - Would it hurt your feelings if no one went? 13 00:00:42,709 --> 00:00:44,062 Man: (On P.A.) Ladies and gentlemen, 14 00:00:44,086 --> 00:00:47,047 welcome to the annual stern Taylor fall classic. 15 00:00:47,130 --> 00:00:50,008 I 'd like to start by making a toast to our very special guest tonight, 16 00:00:50,092 --> 00:00:52,719 - Richard Hendricks. - (Applause) 17 00:00:52,803 --> 00:00:57,558 Richard, after your perfect game at techcrunch disrupt a few weeks ago, 18 00:00:57,641 --> 00:00:59,393 we fell in love with you and your tech. 19 00:00:59,518 --> 00:01:01,645 Look, we know everyone in the valley is after you, 20 00:01:02,271 --> 00:01:06,233 and we know that you're probably going to go with Peter Gregory, 21 00:01:06,316 --> 00:01:08,860 but we'd love to have you come play on our team. 22 00:01:08,944 --> 00:01:10,946 Let stern Taylor capital fund in 23 00:01:11,029 --> 00:01:14,324 on your series a financing, because together, Richard, 24 00:01:14,408 --> 00:01:15,867 we 'd be 25 00:01:15,951 --> 00:01:19,162 a home run! 26 00:01:19,246 --> 00:01:21,957 - (Organ plays charge) - (Applause) 27 00:01:22,124 --> 00:01:23,834 - Oh, right. - What do you say, Richard? 28 00:01:26,587 --> 00:01:28,130 I'll do what I can. 29 00:01:29,756 --> 00:01:31,508 All right. Have fun, everybody. 30 00:01:33,010 --> 00:01:34,428 (Indistinct conversations) 31 00:01:34,511 --> 00:01:35,512 I don't know, man. 32 00:01:35,596 --> 00:01:38,116 It's starting to feel weird letting all these firms suck up to us, 33 00:01:38,140 --> 00:01:39,933 even though we're not gonna take their money. 34 00:01:40,017 --> 00:01:43,604 Richard, Peter Gregory hasn't officially given us the term sheet yet. 35 00:01:43,687 --> 00:01:45,772 Yes, but he will tomorrow when he gets back. 36 00:01:45,856 --> 00:01:49,776 If you can't enjoy this many people kissing our ass at this level, 37 00:01:49,860 --> 00:01:50,986 then I feel sorry for you. 38 00:01:51,862 --> 00:01:54,531 Would you just relax and take it in for a second? 39 00:01:54,615 --> 00:01:58,201 I mean, we are getting our dicks sucked at the at&t park. 40 00:01:59,578 --> 00:02:02,706 We're standing on the field of the world series champions. 41 00:02:03,707 --> 00:02:04,791 It's totally lost on me. 42 00:02:04,875 --> 00:02:06,543 Yeah, I don't give a shit, either. 43 00:02:06,627 --> 00:02:09,463 Hey! I'm Nicole Stein. 44 00:02:09,546 --> 00:02:11,423 I lead the growth team at stern Taylor. 45 00:02:11,506 --> 00:02:14,593 - Oh. I'm dinesh. - I'm gilfoyle. 46 00:02:14,676 --> 00:02:17,346 I love it. So what do you two do at pied Piper? 47 00:02:17,429 --> 00:02:19,139 I'm the CTO. 48 00:02:19,222 --> 00:02:21,725 Ah, he's joking. I'm the CTO. 49 00:02:21,808 --> 00:02:23,310 Fuck you, I'm joking. 50 00:02:23,393 --> 00:02:25,604 Okay, how could you be the chief technology officer? 51 00:02:25,687 --> 00:02:30,067 I get it. You hear the word "chief," and you think "Indian chief." 52 00:02:30,150 --> 00:02:31,544 But you're the other kind of Indian. 53 00:02:31,568 --> 00:02:34,071 Okay. One, fuck you. I'm Pakistani. 54 00:02:34,154 --> 00:02:36,531 And two, how could you be CTO of anything? 55 00:02:36,615 --> 00:02:37,895 You have to be able to organize, 56 00:02:37,949 --> 00:02:39,552 you have to be able to delegate, you have to be... 57 00:02:39,576 --> 00:02:41,995 I delegate you to go get me a fucking beer 58 00:02:42,079 --> 00:02:43,664 while I talk to Nicole. 59 00:02:44,331 --> 00:02:47,250 George silver, operating partner at stern Taylor. 60 00:02:47,959 --> 00:02:50,587 So, what do you do at pied Piper? 61 00:02:51,588 --> 00:02:53,256 He's the CTO. 62 00:02:55,133 --> 00:02:56,134 (Jazz music playing) 63 00:02:57,260 --> 00:02:58,428 Erlich: That's drew Houston. 64 00:02:58,512 --> 00:03:00,931 We've been circling each other for the last 20 minutes. 65 00:03:01,431 --> 00:03:02,474 Ooh! 66 00:03:02,557 --> 00:03:03,684 The winklevoss twins. 67 00:03:03,767 --> 00:03:06,812 Look at them. They're like two genetically enhanced Ken dolls. 68 00:03:06,895 --> 00:03:08,730 Do you know how much bitcoin they're worth? 69 00:03:09,231 --> 00:03:10,774 Oh, shit, they're splitting up. 70 00:03:11,817 --> 00:03:13,485 Cameron's the left dominant one, right? 71 00:03:13,568 --> 00:03:15,880 - I can't tell them apart. - I'm gonna come at him from the right side, 72 00:03:15,904 --> 00:03:18,782 try and herd them back together without spooking them. 73 00:03:19,074 --> 00:03:20,325 Watch this. 74 00:03:20,409 --> 00:03:22,369 Cameron! Cameron! 75 00:03:22,828 --> 00:03:24,871 - Okay. - Javeed: Well, well, well, 76 00:03:24,955 --> 00:03:27,165 look who's the big swinging dick. 77 00:03:27,249 --> 00:03:30,377 Hey, javeed, everything okay at goolybib? 78 00:03:30,460 --> 00:03:32,838 You gotta ask them. They canned me. 79 00:03:32,921 --> 00:03:34,798 - What? - Yeah. 80 00:03:34,881 --> 00:03:37,551 Our investors got spooked by a possible down round, 81 00:03:37,634 --> 00:03:39,594 so they shoved an acquisition down my throat. 82 00:03:39,678 --> 00:03:42,889 Yeah, an acquisition of $200 million, right? 83 00:03:42,973 --> 00:03:46,977 Yeah, they all made out. I had a reverse vest with no triggers, 84 00:03:47,310 --> 00:03:49,688 then I lost all my shares when they fired me. 85 00:03:50,647 --> 00:03:52,733 I blew my whole signing bonus renting that house. 86 00:03:52,816 --> 00:03:54,985 I'm looking into suing 'em. 87 00:03:55,652 --> 00:03:56,945 Jeez. 88 00:03:57,028 --> 00:03:58,989 Look, all I can say is, 89 00:03:59,072 --> 00:04:01,032 don't get fucked, all right? 90 00:04:01,116 --> 00:04:04,453 You take money from the wrong dudes, and you'll get smoked as bad as I did. 91 00:04:05,162 --> 00:04:06,455 Just be careful. 92 00:04:06,538 --> 00:04:08,165 Everyone is watching you now. 93 00:04:08,248 --> 00:04:10,834 Yeah. Totally. I know. Thanks, javeed. 94 00:04:10,917 --> 00:04:15,297 No. I mean, they're watching you right now. 95 00:04:16,965 --> 00:04:17,966 (Organ plays charge) 96 00:04:18,049 --> 00:04:19,843 - Yeah. - (Applause) 97 00:04:19,926 --> 00:04:21,636 Damn it. Where is that camera? 98 00:04:22,137 --> 00:04:23,472 (Theme music playing) 99 00:04:33,148 --> 00:04:34,876 Dinesh: Ican't believe how many gifts we're getting. 100 00:04:34,900 --> 00:04:38,236 Gilfoyle: Gifts I'm getting. That oculus rig is addressed to the CTO. 101 00:04:38,320 --> 00:04:39,946 Dinesh: No, I'm the CTO. 102 00:04:40,030 --> 00:04:43,074 As your superior, I order you to give me that oculus. 103 00:04:43,700 --> 00:04:45,911 You can't make me do stuff. You're not the boss of me. 104 00:04:45,994 --> 00:04:47,746 - Actually, I am the boss of you. - Okay. 105 00:04:47,829 --> 00:04:49,098 Gilfoyle: Richard, tell him I'm CTO. 106 00:04:49,122 --> 00:04:51,017 Dinesh: No, you already told that fat guy that I'm the CTO. 107 00:04:51,041 --> 00:04:52,709 Stop, stop, stop. Please stop. 108 00:04:53,710 --> 00:04:55,590 I have a ton of work to do. You have work to do. 109 00:04:55,670 --> 00:04:57,714 Maybe let's do the work instead of that. 110 00:04:59,257 --> 00:05:01,551 Jared, we were supposed to get a term sheet today. 111 00:05:01,635 --> 00:05:03,875 - Have we heard from Peter Gregory? - (Keyboard clicking) 112 00:05:04,054 --> 00:05:05,931 Peter Gregory is dead. 113 00:05:06,723 --> 00:05:07,724 What? 114 00:05:09,059 --> 00:05:10,685 (Keyboard clicking) 115 00:05:15,607 --> 00:05:17,400 Holy shit. 116 00:05:25,951 --> 00:05:28,119 Monica: He was the smartest, 117 00:05:28,203 --> 00:05:30,997 shrewdest, (scoffs) 118 00:05:31,081 --> 00:05:33,542 Strangest man I've ever known. 119 00:05:35,544 --> 00:05:37,671 I can't believe that he's gone. 120 00:05:38,046 --> 00:05:41,258 (Clears throat) Can I ask what happened? 121 00:05:41,341 --> 00:05:43,134 Yeah. Um... 122 00:05:43,218 --> 00:05:46,054 He was in the serengeti on safari... 123 00:05:46,137 --> 00:05:48,682 - Ah. - And he had just gone into his tent 124 00:05:48,765 --> 00:05:51,726 when a hippo wandered into the camp. 125 00:05:52,185 --> 00:05:53,562 Oh, wow. 126 00:05:54,604 --> 00:05:55,939 He was attacked by a hippo? 127 00:05:56,022 --> 00:05:57,190 No. No. 128 00:05:57,274 --> 00:06:00,902 I guess the hippo started to charge 129 00:06:00,986 --> 00:06:03,446 when the guide grabbed his rifle and shot at it, 130 00:06:05,115 --> 00:06:08,201 but his aim was off, and... 131 00:06:09,995 --> 00:06:12,747 And he shot Peter Gregory by accident? 132 00:06:12,831 --> 00:06:15,292 - Yeah. - No, he missed... 133 00:06:16,084 --> 00:06:19,421 But I guess the sound of the gun startled Peter, 134 00:06:19,504 --> 00:06:23,008 who ran out of his tent and... 135 00:06:25,176 --> 00:06:26,887 Ran right into the hippo? 136 00:06:26,970 --> 00:06:29,890 No, the hippo was also startled by the noise 137 00:06:30,473 --> 00:06:34,853 and had run off prior to Peter exiting his tent. 138 00:06:38,899 --> 00:06:40,650 So, what happened to Peter? 139 00:06:41,276 --> 00:06:45,196 He hadn't run in a long time, 140 00:06:45,989 --> 00:06:49,993 maybe ever, and you know, hejust... 141 00:06:53,788 --> 00:06:54,831 That was it. 142 00:07:01,296 --> 00:07:04,841 - That is so very strange. - (Clears throat) 143 00:07:04,925 --> 00:07:07,677 - Very sad and tragic. Wow. - Very sad and strange. 144 00:07:09,346 --> 00:07:10,889 See you. 145 00:07:12,432 --> 00:07:13,475 Man, that is so weird. 146 00:07:13,558 --> 00:07:16,853 I mean, one minute Peter Gregory is here, the next, he'sjust gone. 147 00:07:16,937 --> 00:07:18,104 Erlich: Jared, it's erlich. 148 00:07:18,188 --> 00:07:21,274 I need you to set up all the other vc meetings, asap. 149 00:07:21,358 --> 00:07:23,026 Line 'em up nuts to butts. 150 00:07:23,109 --> 00:07:25,838 Erlich, what are you doing? Monica just said they're still gonna fund us. 151 00:07:25,862 --> 00:07:26,947 We should just sit tight. 152 00:07:27,030 --> 00:07:30,951 Look, I loved Peter Gregory maybe even more than he loved me, 153 00:07:31,034 --> 00:07:32,345 but there's something you need to know here, 154 00:07:32,369 --> 00:07:35,372 something that Monica isn't exactly volunteering up, 155 00:07:35,455 --> 00:07:38,083 and that's that all of these one-man firms have a key-man clause. 156 00:07:38,166 --> 00:07:39,626 - Do you know what that means? - No. 157 00:07:39,709 --> 00:07:42,212 It means that now that Peter Gregory is gone, 158 00:07:42,295 --> 00:07:43,672 all the raviga investors 159 00:07:43,755 --> 00:07:46,591 have the contractual right to cash out and walk away, 160 00:07:46,675 --> 00:07:50,011 which means that by the end of the day, there may not be a raviga. 161 00:07:50,095 --> 00:07:52,639 - Seriously? - Yes, so we have to prepare for that. 162 00:07:52,722 --> 00:07:55,767 Now, I know that it makes me sound like a terrible person, 163 00:07:55,850 --> 00:07:57,018 but we have a company to run. 164 00:07:57,102 --> 00:07:59,372 And do you know who the first person to agree with me would be? 165 00:07:59,396 --> 00:08:00,730 Peter Gregory. 166 00:08:02,482 --> 00:08:04,401 (Dramatic music playing) 167 00:08:10,865 --> 00:08:13,368 And that is the very first spot in our new campaign 168 00:08:13,451 --> 00:08:15,412 heralding the upcoming release of nucleus 169 00:08:15,495 --> 00:08:17,163 this January at ces. 170 00:08:17,747 --> 00:08:20,166 - Any questions? - I have a question. 171 00:08:20,250 --> 00:08:21,251 That was horrible. 172 00:08:22,043 --> 00:08:25,505 I just got humiliated by a fucking teenager at techcrunch disrupt, 173 00:08:25,588 --> 00:08:28,341 and you give me this tampon ad? 174 00:08:28,425 --> 00:08:30,427 A girl with diabetes on a swing? 175 00:08:30,510 --> 00:08:32,429 - I think she has cancer. - Man: Yeah. 176 00:08:32,512 --> 00:08:34,180 At least that's how I read it. 177 00:08:34,264 --> 00:08:35,866 I don't care what kind of disease she had! 178 00:08:35,890 --> 00:08:40,020 All I care about is that nucleus is better than pied Piper. 179 00:08:40,103 --> 00:08:41,771 Hendricks just left us all in the dust. 180 00:08:42,439 --> 00:08:44,107 If we get this wrong, 181 00:08:44,190 --> 00:08:46,609 we could blow the business opportunity of a lifetime! 182 00:08:46,693 --> 00:08:49,195 Data creation is exploding. 183 00:08:49,279 --> 00:08:54,159 With all the selfies and useless files people refuse to delete on the cloud, 184 00:08:54,659 --> 00:08:59,873 92% of the world's data was created in the last two years alone. 185 00:08:59,956 --> 00:09:01,041 At the current rate, 186 00:09:01,124 --> 00:09:05,170 the world's data storage capacity will be overtaken by next spring. 187 00:09:05,253 --> 00:09:07,630 It will be nothing short of a catastrophe. 188 00:09:07,714 --> 00:09:11,760 Data shortages, data rationing, data black markets. 189 00:09:11,843 --> 00:09:15,388 Someone's compression will save the world from data-geddon, 190 00:09:15,472 --> 00:09:19,100 and it sure as hell better be nucleus and not goddamn pied Piper! 191 00:09:20,810 --> 00:09:22,270 I don't know about you people, 192 00:09:22,353 --> 00:09:23,673 but I don't wanna live in a world 193 00:09:23,730 --> 00:09:27,817 where someone else makes the world a better place better than we do. 194 00:09:33,490 --> 00:09:37,410 "Data-geddon." is he married to that, or... 195 00:09:37,494 --> 00:09:39,662 There's just been a lot of "geddons" lately. 196 00:09:39,746 --> 00:09:42,415 That's true. "Snow-mageddon," "car-mageddon." 197 00:09:42,499 --> 00:09:44,501 There's that movie armageddon. 198 00:09:49,631 --> 00:09:51,674 Laurie, you wanted to see me? 199 00:09:51,758 --> 00:09:53,861 Monica, come in, come in. I'm sure you've heard by now 200 00:09:53,885 --> 00:09:55,720 that I've been named our new managing partner. 201 00:09:55,804 --> 00:09:57,514 Monica: Yes. Congratulations. 202 00:09:57,597 --> 00:10:00,767 Did the limited partners tell you how they made their decision? 203 00:10:01,184 --> 00:10:03,144 Oh. They looked at the portfolio performances 204 00:10:03,228 --> 00:10:05,539 of each of the senior partners over the last several funds, 205 00:10:05,563 --> 00:10:08,066 and my numbers were, objectively, the most favorable. 206 00:10:08,149 --> 00:10:09,776 Therefore, I was selected. 207 00:10:09,859 --> 00:10:14,489 Yeah, it's just managing partner is all about meeting with people 208 00:10:14,572 --> 00:10:16,366 and interacting with people. 209 00:10:16,449 --> 00:10:18,329 You can sit down if you want to. Do you want to? 210 00:10:18,409 --> 00:10:20,036 - Oh... - Or should we stand? 211 00:10:20,286 --> 00:10:21,955 Uh... I... whatever... 212 00:10:22,038 --> 00:10:23,039 - I'm standing... - Okay. 213 00:10:23,123 --> 00:10:24,290 But you don't have to. 214 00:10:24,874 --> 00:10:27,752 - Okay. - Would it make you feel awkward to sit? 215 00:10:27,836 --> 00:10:29,254 I'm okay to stand. 216 00:10:30,630 --> 00:10:33,091 - Monica... - Of course. 217 00:10:33,424 --> 00:10:35,093 Peter Gregory is dead. 218 00:10:36,052 --> 00:10:37,804 Yes, I know. 219 00:10:37,887 --> 00:10:42,142 On a personal note, his death is very sad. 220 00:10:42,225 --> 00:10:45,061 But on a professional level, it's untenable. 221 00:10:45,145 --> 00:10:46,345 I've been reviewing his files. 222 00:10:46,396 --> 00:10:48,898 He was pursuing a number of extremely dubious positions. 223 00:10:48,982 --> 00:10:53,653 Are you aware that we own a $30 million ostrich farm in Morocco, 224 00:10:53,736 --> 00:10:56,656 or that we are the majority stakeholders 225 00:10:56,906 --> 00:10:59,409 in three companies that specialize in invisibility? 226 00:10:59,576 --> 00:11:04,289 This box is filled with napkins covered with notes detailing Peter's conviction 227 00:11:04,414 --> 00:11:08,293 that genetically-modified cranberry fungus would become the next cotton. 228 00:11:08,418 --> 00:11:10,420 - That... that one I remember. - Yes. 229 00:11:11,546 --> 00:11:12,964 - Monica. - Mmm-hmm. 230 00:11:13,923 --> 00:11:15,550 Peter Gregory is dead. 231 00:11:16,885 --> 00:11:18,511 - Yes. - We need to seem competitive, 232 00:11:18,595 --> 00:11:20,013 now more than ever, 233 00:11:20,096 --> 00:11:23,266 to our investors as well as to the industry at large. 234 00:11:23,349 --> 00:11:24,350 Well, I mean, 235 00:11:24,434 --> 00:11:28,396 pied Piper is probably the hottest early investment in town right now, 236 00:11:28,479 --> 00:11:29,731 and we have them. 237 00:11:29,814 --> 00:11:31,441 Do we? 238 00:11:32,192 --> 00:11:35,570 But why then are they speaking to other firms about investing in their series a? 239 00:11:35,653 --> 00:11:38,448 No, no. I just told them to sit tight for a day or two 240 00:11:38,531 --> 00:11:39,741 until we sorted things out. 241 00:11:39,824 --> 00:11:44,037 It seems that that advanced a sense of uncertainty, 242 00:11:44,120 --> 00:11:46,331 and now we're at risk of losing their round. 243 00:11:46,414 --> 00:11:48,833 This could jeopardize the firm 244 00:11:48,917 --> 00:11:51,878 and, by extension, your career here, Monica, 245 00:11:51,961 --> 00:11:53,421 as an associate partner. 246 00:11:53,504 --> 00:11:56,216 Well, I guess I was just kind of in shock. 247 00:11:56,299 --> 00:11:57,342 Monica... 248 00:11:57,425 --> 00:11:58,426 (Sighs) 249 00:12:00,511 --> 00:12:02,305 Peter Gregory is dead. 250 00:12:04,807 --> 00:12:07,185 Yes. I know. 251 00:12:08,978 --> 00:12:10,188 Erlich: This is great. 252 00:12:10,271 --> 00:12:12,732 I mean, do you know how many times I've gone into these rooms 253 00:12:12,815 --> 00:12:15,777 with nothing but a half of an ass in my hand? 254 00:12:15,860 --> 00:12:20,657 We're walking in there with 3-foot cocks covered in Elvis dust. 255 00:12:20,740 --> 00:12:21,741 (Phone ringing) 256 00:12:21,824 --> 00:12:24,494 - Really? - Richard Hendricks? They're ready for you. 257 00:12:25,328 --> 00:12:27,956 - This is a fucking layup, guys. - Richard: Okay, let's do this. 258 00:12:29,624 --> 00:12:31,125 Erlich: Not you, Jared. 259 00:12:31,834 --> 00:12:33,753 Now, with proper funding, 260 00:12:33,836 --> 00:12:38,591 we should be able to put together a functioning beta in time for ces 261 00:12:38,675 --> 00:12:43,054 and compress nucleus out of the marketplace. 262 00:12:43,137 --> 00:12:44,430 (Both chuckle) 263 00:12:46,224 --> 00:12:47,809 Yeah. 264 00:12:47,892 --> 00:12:48,935 I don't know. 265 00:12:49,978 --> 00:12:51,437 You don't... what? 266 00:12:52,063 --> 00:12:54,023 It just doesn't seem worked out to me. 267 00:12:54,899 --> 00:12:59,362 Well, I mean, it was worked out enough to win techcrunch disrupt. 268 00:12:59,445 --> 00:13:02,282 Yes, and congratulations, you won 50 grand, 269 00:13:02,365 --> 00:13:05,785 but you're asking us for 200 times that. 270 00:13:05,868 --> 00:13:10,665 Richard, look, we all know about your amazing compression rate, 271 00:13:10,748 --> 00:13:12,875 but let's not be naive here. 272 00:13:12,959 --> 00:13:16,045 You can't expect to just throw money at an algorithm 273 00:13:16,129 --> 00:13:19,966 and beat one of the largest tech companies in the world. 274 00:13:20,049 --> 00:13:21,676 So why don't you rework this a little 275 00:13:21,759 --> 00:13:24,470 and come back in with a little more? 276 00:13:24,554 --> 00:13:26,180 Maybe next week? 277 00:13:28,141 --> 00:13:29,183 And? 278 00:13:29,600 --> 00:13:31,686 That was really weird. 279 00:13:31,769 --> 00:13:34,731 I guess we don't have as much Elvis dust on us as I thought. 280 00:13:34,814 --> 00:13:37,483 You see? This is why I wanted to go with Peter Gregory. 281 00:13:37,567 --> 00:13:38,609 This is bullshit. 282 00:13:38,693 --> 00:13:42,322 I mean, that guy throws this huge party for us and then acts like he doesn't even want us? 283 00:13:42,405 --> 00:13:43,906 I mean, I fucking hate parties. 284 00:13:43,990 --> 00:13:45,926 And then he says, "come back next week when you have more." 285 00:13:45,950 --> 00:13:48,661 More? More than 5.2 on weissman? (Scoffs) 286 00:13:48,745 --> 00:13:50,455 No. No. 287 00:13:50,538 --> 00:13:53,708 Fuck that guy. Fuck this place. Fuck this whole place. 288 00:13:54,250 --> 00:13:56,336 - Watch me fuck this place. - No, wait! Wait, wait! 289 00:13:57,962 --> 00:14:01,341 Hey. You remember when you told me to come back when I had more? 290 00:14:01,424 --> 00:14:03,009 And then I said I would? 291 00:14:03,092 --> 00:14:06,679 Well, I'm not going to. Ever. This doesn't count. Okay. 292 00:14:06,763 --> 00:14:09,349 I'm covered in dust. I'm a 3-foot dick, 293 00:14:09,432 --> 00:14:11,976 and I've got half an ass to go to some other company 294 00:14:12,060 --> 00:14:15,021 who's never gonna put me on a jumbotron or throw balls at me. 295 00:14:18,524 --> 00:14:19,776 Bye. 296 00:14:27,200 --> 00:14:29,869 Are you feeling unwell? Do you need protein? 297 00:14:29,952 --> 00:14:31,329 I don't know what happened. 298 00:14:31,412 --> 00:14:34,665 Between Peter dying and raviga maybe being gone, I just... 299 00:14:34,749 --> 00:14:36,751 I just wanna get funded and build pied Piper. 300 00:14:36,834 --> 00:14:38,211 I hate this part. 301 00:14:38,961 --> 00:14:40,939 - Erlich: Well, if one thing is for sure... - (Cell phone chimes) 302 00:14:40,963 --> 00:14:44,217 If we're gonna get any traction, I need to step up my game. 303 00:14:44,300 --> 00:14:46,010 It's an email from Ron laflamme. 304 00:14:47,303 --> 00:14:49,722 "Just got a term sheet from stern Taylor. 305 00:14:49,806 --> 00:14:53,976 "They offered $5 million at $25 million post-money valuation. 306 00:14:54,060 --> 00:14:55,311 "More than I thought." 307 00:14:55,395 --> 00:14:56,896 Shit. They were negging us. 308 00:14:56,979 --> 00:14:58,940 - Negging? - Negging is going negative. 309 00:14:59,023 --> 00:15:02,443 It's a manipulative sex strategy used by lonely chauvinists. 310 00:15:02,527 --> 00:15:03,796 Erlich: See, everybody wants us. 311 00:15:03,820 --> 00:15:08,074 But, by shitting all over us, they try and bring our price down. 312 00:15:08,157 --> 00:15:12,078 But you shitting all over them counteracted their shitting all over us. 313 00:15:12,161 --> 00:15:15,415 You negged a neg. Richard, this could be good. 314 00:15:15,498 --> 00:15:17,834 - Where do we have next? - Ross loma capital. 315 00:15:17,917 --> 00:15:19,478 Should I keep doing it? Should I keep negging? 316 00:15:19,502 --> 00:15:20,962 No, no, I'll handle this. 317 00:15:21,045 --> 00:15:23,673 If they want to negotiate using hostility and rudeness, 318 00:15:24,966 --> 00:15:26,676 well, they picked the wrong guy. 319 00:15:27,510 --> 00:15:30,304 Well, you see, our main concern 320 00:15:30,388 --> 00:15:33,683 is how you're going to achieve escape velocity on your growth rate. 321 00:15:33,766 --> 00:15:35,351 - (Chuckling) - If critical mass... 322 00:15:36,853 --> 00:15:38,980 I'm sorry. What's funny? 323 00:15:39,063 --> 00:15:41,232 It's just that painting behind you. 324 00:15:41,315 --> 00:15:43,025 It's awful. 325 00:15:43,109 --> 00:15:46,779 It looks like harlequin kama-sutra done poorly. 326 00:15:47,405 --> 00:15:49,782 So, I agree, 327 00:15:49,866 --> 00:15:51,701 bad culture fit. 328 00:15:51,784 --> 00:15:53,619 I think we all just move on. 329 00:15:53,703 --> 00:15:55,180 Look, I didn't say anything about a culture fit. 330 00:15:55,204 --> 00:15:56,706 No, I did. 331 00:15:57,331 --> 00:15:59,959 Okay. Well, 332 00:16:00,042 --> 00:16:01,335 thank you for meeting with us. 333 00:16:01,419 --> 00:16:03,296 We have a bunch of these things to go to, 334 00:16:03,379 --> 00:16:06,090 hopefully with more tasteful artwork. 335 00:16:06,174 --> 00:16:09,635 And your logo looks like a sideways vagina. 336 00:16:09,719 --> 00:16:12,263 I find that to be racist, don't you? 337 00:16:15,808 --> 00:16:16,976 Okay, here's my concern... 338 00:16:17,059 --> 00:16:20,813 Here's my concern. Who the hell picked out that shirt for you? 339 00:16:20,897 --> 00:16:22,023 What? 340 00:16:23,065 --> 00:16:25,318 Oh, I see. With the pants. 341 00:16:25,401 --> 00:16:28,070 So I guess it's a whole thing. 342 00:16:28,154 --> 00:16:29,739 My wife picked these out. 343 00:16:29,822 --> 00:16:31,157 Then you married poorly. 344 00:16:31,449 --> 00:16:34,327 Do you care about pied Piper? 345 00:16:34,410 --> 00:16:37,288 Do I care about pied Piper? Well, of course. 346 00:16:37,371 --> 00:16:39,665 Cause if you do, I'm not seeing it. 347 00:16:39,874 --> 00:16:44,629 In fact, what I think I'm seeing is the human equivalent of a flaccid penis. 348 00:16:45,755 --> 00:16:48,382 "Flak-sid." it's actually pronounced "flak-sid." 349 00:16:48,466 --> 00:16:49,884 Not a lot of people know that. 350 00:16:49,967 --> 00:16:51,761 Well, we are definitely interested, 351 00:16:51,844 --> 00:16:54,347 but I think we need to... 352 00:16:54,430 --> 00:16:56,557 I'm sorry. Is something wrong? 353 00:16:56,807 --> 00:16:59,519 No, this is all wrong. 354 00:16:59,602 --> 00:17:01,896 I am sensing a general lack of vision. 355 00:17:03,105 --> 00:17:04,690 Your muffins smell like shit. 356 00:17:04,774 --> 00:17:06,442 So do your ideas. 357 00:17:07,151 --> 00:17:10,029 One of you is the least attractive person I've ever seen, 358 00:17:10,112 --> 00:17:11,989 and I'm not gonna say who. 359 00:17:13,491 --> 00:17:15,868 Should we leave or should you? 360 00:17:15,952 --> 00:17:19,330 We just got offered eight at 40. 361 00:17:19,413 --> 00:17:20,957 We're five for five, gentlemen. 362 00:17:21,040 --> 00:17:23,626 And galveston capital fund and yountville ventures called. 363 00:17:23,709 --> 00:17:25,938 They want to move their meetings up before everyone else. 364 00:17:25,962 --> 00:17:28,714 Hey, let me try. I want to be rude at this next one. 365 00:17:28,798 --> 00:17:30,049 Go for it. 366 00:17:30,132 --> 00:17:31,384 So, with some proper funding, 367 00:17:31,467 --> 00:17:34,178 we should be able to get a functioning beta in time for ces. 368 00:17:35,221 --> 00:17:37,515 And if you don't fund us, 369 00:17:37,598 --> 00:17:39,725 you're a fucking slut. 370 00:17:42,937 --> 00:17:44,146 (Sniffing) Oh... 371 00:17:44,230 --> 00:17:46,774 What's that smell? Is that a fart? 372 00:17:47,775 --> 00:17:48,985 Are you a farter? 373 00:17:49,986 --> 00:17:54,031 Now, can I have a pastry? Or are you guys gonna eat 'em all? 374 00:17:55,408 --> 00:17:57,326 'Cause you're gonna get fat. 375 00:17:59,829 --> 00:18:03,958 It's not your fault, Richard. This is just something that can't be taught, 376 00:18:04,041 --> 00:18:07,545 so leave the next one to me. I can feel a big one coming on. 377 00:18:07,628 --> 00:18:08,629 What are you gonna do? 378 00:18:09,213 --> 00:18:11,340 I'm not sure yet, but give me room. 379 00:18:11,424 --> 00:18:13,968 There's something inside of me that has to come out, 380 00:18:14,051 --> 00:18:15,553 and who am I to stop it? 381 00:18:16,596 --> 00:18:17,597 (Computer beeps) 382 00:18:18,014 --> 00:18:19,140 His balls? 383 00:18:19,640 --> 00:18:21,392 He put his balls on the table? 384 00:18:21,475 --> 00:18:23,603 - Right on the table. - On purpose? 385 00:18:23,686 --> 00:18:26,188 I don't see how it could be by accident. 386 00:18:26,272 --> 00:18:29,442 Richard, I just got an email from the guys at midland-oak. 387 00:18:29,525 --> 00:18:31,861 Apparently, there is a line, and I crossed it... 388 00:18:32,862 --> 00:18:36,782 The line between $12 and $15 million! 389 00:18:37,033 --> 00:18:38,242 Ba-bam! 390 00:18:38,326 --> 00:18:39,952 Midland-oak's offerjust came in. 391 00:18:40,036 --> 00:18:44,457 Gentlemen, we are valued at 75 million, fully diluted. 392 00:18:44,540 --> 00:18:45,708 Are you shitting me? 393 00:18:45,791 --> 00:18:47,418 Take a look at these term sheets. 394 00:18:47,501 --> 00:18:49,587 There is a linear correlation 395 00:18:49,670 --> 00:18:51,339 between how intolerable I was... 396 00:18:51,422 --> 00:18:53,142 - (Knocking) - And the height of valuation. 397 00:18:53,716 --> 00:18:56,052 Hey, you guys. Um... 398 00:18:56,135 --> 00:18:59,138 This is Laurie bream, the new managing partner at raviga. 399 00:18:59,221 --> 00:19:02,475 Oh, uh... hi. I'm Richard Hendricks. 400 00:19:02,558 --> 00:19:05,394 Yes. I recognize you from your photograph. 401 00:19:05,478 --> 00:19:08,522 - It's very nice to meet you in person. - Yeah. 402 00:19:08,606 --> 00:19:09,690 Okay, so we did that. 403 00:19:09,774 --> 00:19:12,026 Gentlemen, I am aware of the degree of interest 404 00:19:12,109 --> 00:19:13,295 you are receiving from other firms. 405 00:19:13,319 --> 00:19:17,448 I am aware that participation in your series a will require a very competitive offer, 406 00:19:17,531 --> 00:19:20,451 but for numerous reasons, I believe it to be the prudent decision. 407 00:19:20,993 --> 00:19:25,122 Now I am presenting you with this. 408 00:19:25,748 --> 00:19:29,794 $20 million at $100 million valuation? 409 00:19:29,877 --> 00:19:31,671 I don't... uh... 410 00:19:31,754 --> 00:19:34,340 This is way more than any other offer. 411 00:19:34,423 --> 00:19:35,508 Correct. 412 00:19:36,759 --> 00:19:38,010 That is very much intentional. 413 00:19:38,386 --> 00:19:41,180 So, I believe that satisfies your requirements? 414 00:19:41,263 --> 00:19:43,683 Monica will arrange a time to formalize the details. 415 00:19:43,766 --> 00:19:45,309 Thank you. Have a good day. 416 00:19:46,143 --> 00:19:47,395 Uh, thank you. 417 00:19:48,938 --> 00:19:49,939 Yes. 418 00:19:52,983 --> 00:19:55,778 Congratulations, guys. I am so glad... 419 00:19:55,861 --> 00:19:56,862 (Engine starts) 420 00:19:56,946 --> 00:19:59,657 Oh, shit! She's my ride home. I'll call you, Richard. 421 00:19:59,740 --> 00:20:01,200 Uh, yeah, okay. 422 00:20:01,784 --> 00:20:04,328 - Thanks for stopping... - Monica: Wait! Laurie, hold on! 423 00:20:04,870 --> 00:20:06,038 (Laughs) 424 00:20:06,122 --> 00:20:08,124 Guys, I think we're funded. 425 00:20:08,207 --> 00:20:10,543 - Yes! Richie! - Yeah! 426 00:20:12,461 --> 00:20:13,462 (Sighs) 427 00:20:14,672 --> 00:20:17,693 Erlich: So, I push my dick to the side, unbutton the bottom two buttons and... 428 00:20:17,717 --> 00:20:18,718 Bam! 429 00:20:20,302 --> 00:20:21,429 Ah! 430 00:20:21,512 --> 00:20:23,472 - What are you doing? - Shit. Sorry, sorry. Sorry. 431 00:20:24,682 --> 00:20:26,851 (Stammers) Meet me on the side of the house. 432 00:20:26,934 --> 00:20:28,894 - I... okay. - Okay. Okay. Go. 433 00:20:30,312 --> 00:20:32,231 - Hey. - Hey, what's up? 434 00:20:32,314 --> 00:20:35,735 If anyone finds out that I came back here, I will get fired, okay? 435 00:20:35,818 --> 00:20:37,486 Okay. 436 00:20:37,570 --> 00:20:40,406 - Don't take this deal. - What? 437 00:20:40,489 --> 00:20:43,033 You are worth half that at best. 438 00:20:43,534 --> 00:20:45,578 Oh, wow. Thanks for the compliment. 439 00:20:45,661 --> 00:20:48,122 No. The credit to you guys. You negotiated your asses off, 440 00:20:48,205 --> 00:20:50,541 but this is a classic runaway valuation. 441 00:20:51,417 --> 00:20:53,043 What's wrong with that? 442 00:20:53,127 --> 00:20:58,215 Pied Piper will be tied to this crazy valuation that you will never be able to live up to. 443 00:20:58,841 --> 00:21:02,136 If you don't keep increasing in value in the next round, 444 00:21:02,219 --> 00:21:04,513 if you have a down round, you are fucked. 445 00:21:04,597 --> 00:21:07,600 It is the kiss of death for a young ceo. 446 00:21:07,683 --> 00:21:11,353 You want to start with a realistic valuation and grow at a reasonable pace. 447 00:21:11,437 --> 00:21:15,941 Okay, well, if it's such a shitty deal, then why did your boss offer it to us? 448 00:21:16,025 --> 00:21:18,068 Because she's competitive as hell. 449 00:21:18,152 --> 00:21:20,946 She needs pied Piper to keep raviga afloat, Richard. 450 00:21:21,030 --> 00:21:22,698 - Okay. - Look, I respect Laurie, 451 00:21:23,115 --> 00:21:25,785 but this is the exact type of thing Peter never did. 452 00:21:27,077 --> 00:21:29,121 Richard, come on. I own shares in pied Piper. 453 00:21:29,205 --> 00:21:31,290 If this high evaluation was good in the long-term, 454 00:21:31,373 --> 00:21:33,250 would I be standing here, risking my job? 455 00:21:34,460 --> 00:21:35,544 Don't take our offer. 456 00:21:35,628 --> 00:21:38,005 Maybe go with the lowest offer you got. 457 00:21:38,088 --> 00:21:39,799 Even that might be too high. 458 00:21:39,882 --> 00:21:42,802 (Scoffs) Again, thank you for the compliment. 459 00:21:43,594 --> 00:21:47,932 Also, I didn't see anything in there. 460 00:21:48,015 --> 00:21:50,017 No. Yeah, thank you. 461 00:21:50,100 --> 00:21:52,454 I was gonna say if you had, you'd have to show me yours, too. 462 00:21:52,478 --> 00:21:53,521 (Chuckles) 463 00:21:55,147 --> 00:21:56,774 - Um... - (Clears throat) 464 00:21:56,857 --> 00:21:59,902 - Okay. - Okay. Thanks for the... 465 00:21:59,985 --> 00:22:00,986 Okay. 466 00:22:15,960 --> 00:22:17,378 Yeah, sorry about that party. 467 00:22:18,254 --> 00:22:19,964 I was in kind of a bad way that night. 468 00:22:20,047 --> 00:22:23,425 And truth is, I'm actually doing okay. 469 00:22:23,884 --> 00:22:26,178 - Good. That's great. - Yeah. 470 00:22:26,262 --> 00:22:29,139 I mean, I could run the scenarios about what happened all I want, 471 00:22:29,598 --> 00:22:33,477 (sighing) But I finallyjust realized there'sjust nothing I can do, you know? 472 00:22:33,561 --> 00:22:34,854 Yeah. 473 00:22:34,937 --> 00:22:37,690 So, I'm at peace with it all. 474 00:22:37,773 --> 00:22:40,067 I was thinking, actually, um, 475 00:22:40,150 --> 00:22:42,778 what if you had asked for less? 476 00:22:44,238 --> 00:22:45,281 What? 477 00:22:45,406 --> 00:22:47,449 Well, what if you could've gone to someone 478 00:22:47,533 --> 00:22:50,119 and asked for less than what they offered that first round? 479 00:22:50,452 --> 00:22:52,580 Like, you mean, negotiating them down? 480 00:22:53,247 --> 00:22:55,040 - Yeah. - Can you even do that? 481 00:22:55,124 --> 00:22:58,085 - Well, yeah. I mean, why not? - Yeah, but... 482 00:22:59,795 --> 00:23:03,215 I mean, I guess, technically, I could have. 483 00:23:03,299 --> 00:23:04,300 Mmm... 484 00:23:04,425 --> 00:23:05,634 Huh. 485 00:23:05,718 --> 00:23:09,471 Yeah, I suppose you could argue that it might've been easier 486 00:23:09,555 --> 00:23:13,267 to hit more realistic benchmarks 487 00:23:13,642 --> 00:23:14,882 and reach cash flow break-even. 488 00:23:14,935 --> 00:23:16,270 Yeah, that's what I'm saying. 489 00:23:17,271 --> 00:23:21,775 And then, (sighs) We wouldn't have faced that down round. 490 00:23:23,569 --> 00:23:24,987 And... 491 00:23:26,655 --> 00:23:28,824 We wouldn't have had to settle for acquisition. 492 00:23:30,492 --> 00:23:31,744 All that money 493 00:23:32,703 --> 00:23:33,746 fucked me. 494 00:23:33,829 --> 00:23:35,873 Wow. I mean, I don't know about... 495 00:23:35,956 --> 00:23:37,583 - Shit! - Maybe. 496 00:23:37,666 --> 00:23:41,712 - Look... hey... - No, no, no. We could've done a legit series b. 497 00:23:41,795 --> 00:23:43,422 Right? I'd still be ceo. 498 00:23:43,505 --> 00:23:46,008 I'd have my job, 499 00:23:46,091 --> 00:23:47,426 my kick-ass house. 500 00:23:47,509 --> 00:23:49,637 I'd probably still have my girlfriend... 501 00:23:52,056 --> 00:23:54,558 - Fuck! - Okay. 502 00:23:54,642 --> 00:23:57,686 Why the fuck didn't anyone tell me I could take less? 503 00:23:57,853 --> 00:23:59,855 I don't know. I don't know. 504 00:24:00,981 --> 00:24:02,107 Ideas come up and then... 505 00:24:02,191 --> 00:24:03,609 Fuck! 506 00:24:03,692 --> 00:24:06,195 I'll take a cab, so I'll leave you to it. 507 00:24:06,278 --> 00:24:07,529 Thanks for meeting me here. 508 00:24:08,155 --> 00:24:09,156 Fuck! 509 00:24:16,538 --> 00:24:17,790 Richard. 510 00:24:18,874 --> 00:24:21,710 Richard, I'm Laurie bream. I was inside your home yesterday. 511 00:24:21,794 --> 00:24:23,712 Have you made a decision regarding our proposal? 512 00:24:23,796 --> 00:24:29,051 Yeah, yeah, we'll go with you guys, but we need to renegotiate the terms. 513 00:24:29,134 --> 00:24:32,179 I'm afraid that's untenable. We're offering as much money as we can. 514 00:24:32,262 --> 00:24:35,432 Uh, no, no, we wanna go lower. We want less... a lot less, actually. 515 00:24:36,392 --> 00:24:37,392 We'll go with raviga 516 00:24:37,434 --> 00:24:41,271 if you guys do $10 million at a $50 million valuation, 517 00:24:41,355 --> 00:24:42,773 not 20 at 100. 518 00:24:43,315 --> 00:24:44,858 I think this is more reasonable, 519 00:24:44,942 --> 00:24:48,696 and it's my final offer. Take it or leave it. 520 00:24:48,779 --> 00:24:49,989 I was not anticipating this, 521 00:24:50,072 --> 00:24:52,908 but I think it will be workable from our end. 522 00:24:54,743 --> 00:24:57,830 And one more thing, Monica votes for raviga's board seat. 523 00:24:59,289 --> 00:25:01,500 Certainly that seems unimportant. 524 00:25:02,167 --> 00:25:05,447 I will telephone your lawyer tomorrow, and we can speak about the relevant details. 525 00:25:05,504 --> 00:25:06,714 Good. 526 00:25:08,674 --> 00:25:10,426 (Blues music playing) 527 00:25:15,264 --> 00:25:19,059 Peter was one of the few who genuinely took action 528 00:25:19,143 --> 00:25:22,187 to use technology to help humanity thrive. 529 00:25:22,271 --> 00:25:24,189 But how exactly can we quantify 530 00:25:24,273 --> 00:25:26,775 another human's contributions to mankind? 531 00:25:28,277 --> 00:25:30,738 Let's break it down into its three component elements. 532 00:25:31,238 --> 00:25:32,239 (Clicking) 533 00:25:36,035 --> 00:25:40,748 I met Peter when he was thinking about investing in my company, zettasphere, 534 00:25:40,831 --> 00:25:42,458 although I think he was hesitant 535 00:25:42,541 --> 00:25:45,502 after his disappointing initial return from Snapchat. 536 00:25:45,586 --> 00:25:50,007 He came on board, anyway, and every month we would meet. 537 00:25:50,257 --> 00:25:51,967 Peter was always an honest man, 538 00:25:52,217 --> 00:25:54,720 and I know that if Peter were here with us today, 539 00:25:54,803 --> 00:25:57,139 he would say that he was not disappointed in Snapchat. 540 00:25:57,639 --> 00:26:01,185 And he would forgive you, lev, for your misunderstanding. 541 00:26:01,268 --> 00:26:03,520 That's just the kind of guy that Peter was, 542 00:26:03,604 --> 00:26:06,065 warm, generous, 543 00:26:06,148 --> 00:26:09,026 and not disappointed in Snapchat. 544 00:26:13,947 --> 00:26:14,948 (Clears throat) 545 00:26:15,741 --> 00:26:19,161 I'll never forget the first time I met Peter. 546 00:26:19,244 --> 00:26:22,498 It was in his mom's garage, where we started our first business together 547 00:26:22,581 --> 00:26:25,584 manufacturing vga graphics cards for IBM clones. 548 00:26:26,877 --> 00:26:28,003 We never looked back. 549 00:26:28,087 --> 00:26:29,797 And you know, the last time I saw him, 550 00:26:29,880 --> 00:26:33,175 it was at a restaurant, not a half-mile away from that same garage. 551 00:26:33,258 --> 00:26:34,802 We talked, as old friends do, 552 00:26:34,885 --> 00:26:37,513 he asked me about Jackson hole, 553 00:26:37,596 --> 00:26:40,682 I asked him about pilates. 554 00:26:41,183 --> 00:26:43,852 And yet, something was wrong. 555 00:26:44,853 --> 00:26:48,857 Underneath it all, there was an unmistakable tension. 556 00:26:49,525 --> 00:26:51,527 A tension I will forever regret. 557 00:26:52,027 --> 00:26:54,488 It's no secret Peter and I had our differences. 558 00:26:55,280 --> 00:26:57,282 We let business get between us. 559 00:26:57,366 --> 00:26:59,076 Now? 560 00:26:59,159 --> 00:27:01,453 Now I wish I could say I'm sorry for that. 561 00:27:01,537 --> 00:27:03,705 Now it's too late. He's gone. 562 00:27:04,498 --> 00:27:08,085 And it makes me realize the importance of forgiveness, 563 00:27:08,168 --> 00:27:11,672 of doing things with love and compassion in your heart, 564 00:27:11,755 --> 00:27:13,882 and not vengeance and competition. 565 00:27:15,175 --> 00:27:18,303 I mean, we owe that to each other, don't we? 566 00:27:18,387 --> 00:27:19,429 And to him? 567 00:27:20,264 --> 00:27:23,475 After all, this valley is the place Peter himself helped build. 568 00:27:23,934 --> 00:27:26,854 Where we come together as dreamers, 569 00:27:26,937 --> 00:27:28,230 all of us, 570 00:27:28,313 --> 00:27:31,024 to truly make the world a better place. 571 00:27:32,359 --> 00:27:35,320 This is Florence during the renaissance. 572 00:27:35,404 --> 00:27:36,989 This is Camelot. 573 00:27:37,531 --> 00:27:41,702 This is the place Peter himself called "the cradle of innovation." 574 00:27:44,663 --> 00:27:45,664 (Sighs) 575 00:27:45,747 --> 00:27:47,416 I will miss my friend. 576 00:27:50,210 --> 00:27:51,837 Bye, Pete. 577 00:27:55,007 --> 00:27:56,967 Maybe he is a human, after all. 578 00:27:57,968 --> 00:27:59,344 (Cell phone chimes) 579 00:28:00,762 --> 00:28:02,264 I'm sorry. 580 00:28:02,639 --> 00:28:04,141 It's from Ron laflamme. 581 00:28:05,559 --> 00:28:07,311 "Gavin belson is suing you. 582 00:28:07,394 --> 00:28:09,771 "Filed claims today that you stole pied Piper from hooli." 583 00:28:10,564 --> 00:28:11,815 Shit. 584 00:28:19,281 --> 00:28:21,241 Gavin belson is suing us.