alex barinka caught up with the c.e.o. and asked why he thought demand was so high for the stock. >> what investors are looking for is growth. they are looking for a well-run company and something with a big opportunity in front of it. we have all those things. >> break down for us what you do for your customers like coca-cola or bank of america. >> all of these companies have to deal with a massive explosion of applications, data, and devices. and connecting those things together is incredibly difficult and expensive. we help them build out an application network to make those connections happen. >> the application network connecting all those different technologies is something likes of oracle does an ibm does. and a lot of providers write their own code to compete with what mulesoft offers. how are you making sure you are the goto? >> the big challenge for everybody is how to do it without writing custom code. 99% of the world is still writing custom code. we have to provide the best product and platform to do that. we

selina: alex barinka, thank you as always. ryan is staying with brad and myself. coming up, what the future will look like in an increasingly automated world. we discussed, next. this is bloomberg. ♪ selina: u.s. president trump is preparing to give his first address to a joint session of congress. he's under increasing pressure to answer core questions about how he will deliver on his key promises, including the pledged to bring back manufacturing jobs to the usa. here to discuss automation and energy is brian farber, partner at what point ventures. trump has spoken on twitter about ringing manufacturing jobs to the u.s., but he has not given a single tweet about automation and saving costs, and potentially also cutting jobs. what is your take on that? what is the future of working looking like? >> we talked a lot about ai and machine learning making big progress. you are seeing robotics and ai make a big impact. one study said 13% of the jobs lost was to trade, the rest to automation. i am concerned about the future of what that means for workers, but also a l

joining us as our guest host is ,avid kirkpatrick, alex barinka and in san francisco, the managing partner of good water capital. i wanted to start with you, because tomorrow the question is $17 a pop, will the shares pop? guest: it depends a lot on what the investor demand is. what we have seen is that these companies have a lot of volatility. twitter popped a lot in the face of facebook. it struggled to hold its ipo price. caroline: alex, 10 times what it is worth is what is being reported. is there enough being left on the table? alex: you have to remember that facebook had the trading day glitch as well. the oversubscription, i will cap the at-bat by saying that investors -- everyone is fighting for allocation for these buzzy companies. it seems like they don't want it to fly off the charts. it. like this idea that you have left a money off the table. we will be watching tomorrow to see what happens and see if there is as much demand as there buzz aroundd the -- the listing. caroline: most of the orders came in at the $17, $18 range. david kirkpatrick, you have been telling me this is

caroline: bloomberg's alex barinka and sarah frier. still ahead, the story of the week, and we catch up with one of the first investors in snap, jeremy liew of lightspeed venture partners. the new york stock exchange president tom farney discusses snap's trading debut. take a listen. >> i take great comfort the stock opened at $24 and is trading smoothly around that number. that is what you want on the first day. especially with a large ipo. ♪ ♪ caroline: back to the tech story of the week. snap decision higher than its original listing price. -- ending the day on its initial listing higher than its original listing price. a number of silicon valley venture capital firms will make a small fortune from their investment, like lightspeed venture partners. it began as a $485,000 investment. we caught up with jeremy liew and asked what made snap such an attractive investment. take a listen. >> when we met evan and bobby and heard about their vision, they talked about how there was something missing from social media, how it had almost b

of course, alex barinka will be live tomorrow from the new york stock exchange, and david kirkpatrick is sticking with me. now a quick update on yahoo!, the company just filed a 10k in the annual report measuring the company's financial health. a few highlights for you. ronald bell resigned from the company's general counsel. also, marissa mayer let go of her bonus. given the 24th -- 2014 security breach occurred under her tenure. bloomberg received a statement from mayer saying, "i have agreed to for go my annual bonus and annual equity grants this year, and i wish the bonus to be redistributed to our company's hard-working employees." wow. coming up, twitter continues to fight off abusive tweets. this time the company is turning to algorithms. we will bring you the latest next. this is bloomberg. ♪ caroline: the fight continues for twitter as the social network takes additional steps to cut abusive tweets. this time twitter says they're turning to algorithms to fight abusive behavior. the announcement comes after a record 3 million tweets were sent out last night regarding preside

alex barinka and sarah frier. is still ahead, the story of the week, and catch up with one of the first investors in snap. lightspeed venture partners. the new york stock exchange president discusses snaps trading debut. take a listen. the take great comfort stock opened at 24 and is trading smoothly around that number. that is what you want on a first day. ♪ caroline: now back to the tech story of the week. silicon valley venture capital firms will make a small fortune from their investment, like lightspeed venture partners. as a $485,000 investment. we caught up with jeremy liew and asked what made snap such an attractive investment. take a listen. >> when we met evan and bobby and heard about their business, they talked about how there was something missing from social media, how it had almost become a highlight reel for your life, that was creating performance anxiety for people. unless they looked pretty or perfect, they were not putting themselves on social media. we were just getting this tiny little sliv

i spoke with alex barinka and eric newcomer about snap and other key tech headlines grabbing our attention this week. >> people still excited even with long-term concerns looking at what the analysts are saying, "euphoric" comes to mind from the notes we have read. it seems like a successful ipo so far. we have got news on the likes of comcast investing $500 million in the ipo. that is a 15% share of the stakes sold. caroline: great scoop. great reporting from you. talk about euphoric. it is the making of lightspeed ventures in particular. they were the first ever investor in this company. liuightspeed, jeremy tracked them down with his partner. they found snap and got a huge stake of it worth more than $2 billion now. they will have to see. this price has to sustain. they sold some of it in the ipo. i think it was them $8 million if i remember right. benchmark is the biggest holder. lightspeed got in early. it is not just the snap investment. they have been in others. it has been a string of wins. >> it has been interesting because there have not been a lot of tech ipo's. cisconamics got