1 00:00:00,061 --> 00:00:01,010 Richard... 2 00:00:01,597 --> 00:00:04,347 do you think if I asked, they would let me visit her? 3 00:00:04,430 --> 00:00:05,931 RICHARD HENDRICKS: Jared, she's gonna be okay. 4 00:00:06,347 --> 00:00:07,430 I promise. 5 00:00:08,972 --> 00:00:10,806 (DRILL WHIRRING) 6 00:00:11,097 --> 00:00:12,389 (HIP HOP MUSIC PLAYING) 7 00:00:12,472 --> 00:00:13,472 GAVIN BELSON: That brilliant little idiot. 8 00:00:13,555 --> 00:00:14,722 He found a way around the patent! 9 00:00:14,806 --> 00:00:15,722 It's Hendrick's internet, 10 00:00:15,806 --> 00:00:16,806 but it's not Hendrick's internet! 11 00:00:17,180 --> 00:00:19,389 I will no longer be able to manufacture your boxes. 12 00:00:19,639 --> 00:00:21,847 You see, my company will be manufacturing 13 00:00:21,931 --> 00:00:25,347 a new device that will quickly render yours obsolete. 14 00:00:27,222 --> 00:00:29,722 Did you speak to Laurie about our Series B? 15 00:00:29,806 --> 00:00:32,055 - HENDRICKS: Sort of. - (LAURIE RETCHING) 16 00:00:32,138 --> 00:00:34,138 MONICA HALL: Nothing is personal with Laurie, all right? 17 00:00:34,222 --> 00:00:36,097 It's what makes her such a great VC. 18 00:00:36,180 --> 00:00:38,681 A term sheet for your Series B. 19 00:00:38,764 --> 00:00:40,180 Congratulations, Richard. 20 00:00:40,472 --> 00:00:41,555 Thank you. 21 00:00:50,722 --> 00:00:53,055 Richard: Wow. That is one expensive bottle. 22 00:00:53,138 --> 00:00:54,263 You guys deserve the best 23 00:00:54,347 --> 00:00:55,722 bottle of champagne they have. 24 00:00:55,806 --> 00:00:58,180 Yeah, all champagne tastes the same to me, so. 25 00:00:58,263 --> 00:00:59,681 I agree, I mean, what's the difference 26 00:00:59,764 --> 00:01:02,055 between good champagne and bad champagne? 27 00:01:02,138 --> 00:01:03,639 About $500. 28 00:01:03,722 --> 00:01:05,263 Guys, come on. Enjoy it. 29 00:01:05,347 --> 00:01:07,889 You're about to close a $30 million series B. 30 00:01:07,972 --> 00:01:09,681 And you don't have to sell any ads 31 00:01:09,764 --> 00:01:10,972 or harvest user data, 32 00:01:11,055 --> 00:01:12,639 which for any other VC in town 33 00:01:12,722 --> 00:01:13,972 would've been a non-starter. 34 00:01:14,055 --> 00:01:16,639 Frankly, I'm surprised that Laurie went for it. 35 00:01:16,722 --> 00:01:18,180 Well, I'm not wild about the idea 36 00:01:18,263 --> 00:01:20,013 of her having two more board seats. 37 00:01:20,097 --> 00:01:23,180 I mean, she did kill Fiona right in front of us. 38 00:01:23,263 --> 00:01:25,305 Listen, don't worry about Laurie, okay? 39 00:01:25,389 --> 00:01:26,764 I'm gonna be your point person on this. 40 00:01:26,847 --> 00:01:29,263 She's got her plate full. She's raising money to recover 41 00:01:29,347 --> 00:01:30,806 from the whole Eklow debacle. 42 00:01:30,889 --> 00:01:31,847 Okay. 43 00:01:31,931 --> 00:01:33,847 So... to you guys. 44 00:01:33,931 --> 00:01:35,430 All right. 45 00:01:35,514 --> 00:01:36,639 Cheers. Cheers. 46 00:01:36,722 --> 00:01:37,722 Richard: Yup, thanks. 47 00:01:42,681 --> 00:01:44,514 All right. I have a dinner meeting 48 00:01:44,597 --> 00:01:46,347 and I kind of feel like a fifth wheel, 49 00:01:46,430 --> 00:01:49,514 so I'm gonna pick up the check, leave you to celebrate. 50 00:01:49,597 --> 00:01:50,639 Congrats again, guys. 51 00:01:50,722 --> 00:01:51,764 Okay. 52 00:01:51,847 --> 00:01:52,931 Jared: Bye. 53 00:01:57,305 --> 00:01:59,681 Well, the only person we don't spend 54 00:01:59,764 --> 00:02:01,722 20 hours a day with just left. 55 00:02:02,889 --> 00:02:03,889 So. 56 00:02:04,764 --> 00:02:06,305 What's new with you guys? 57 00:02:08,555 --> 00:02:12,097 Well, I'm thinking of buying some new bookkeeping software. 58 00:02:12,180 --> 00:02:14,681 All right. I think the only actual way to celebrate 59 00:02:14,764 --> 00:02:17,097 is to spend one waking minute apart, so. 60 00:02:17,180 --> 00:02:18,222 I'm gonna go. 61 00:02:18,305 --> 00:02:20,138 Are you going home? Let's... let's share an Uber. 62 00:02:20,222 --> 00:02:21,555 Oh, well, if you're going that direction, 63 00:02:21,639 --> 00:02:23,055 I'm... I'm driving, so I could drop you. 64 00:02:23,138 --> 00:02:24,389 Dinesh: Hey, Gilfoyle. Wanna play Fortnite? 65 00:02:24,472 --> 00:02:26,389 Oh, hold on, I didn't know we were playing Fortnite. 66 00:02:26,472 --> 00:02:27,889 Yeah, I'll come along. 67 00:02:34,472 --> 00:02:37,972 Synced & corrected by MaxPayne == https://subscene.com == 68 00:02:39,305 --> 00:02:41,097 ♪ ♪ 69 00:02:43,472 --> 00:02:46,138 I would've taken that plate to the sink for you. 70 00:02:46,222 --> 00:02:48,514 Uh, it's okay. I just finished, so. 71 00:02:48,597 --> 00:02:50,681 How was the sandwich I made you? Was it good? 72 00:02:50,764 --> 00:02:52,222 Good condiment blend? 73 00:02:52,305 --> 00:02:53,764 Yeah. It was perfect, thanks. 74 00:02:53,847 --> 00:02:54,972 Richard. 75 00:02:55,055 --> 00:02:56,681 This might be out of line, but... 76 00:02:56,764 --> 00:02:59,847 would you mind telling Jared how much you enjoyed the sandwich? 77 00:02:59,931 --> 00:03:01,639 I'm finding him a little intimidating. 78 00:03:01,722 --> 00:03:04,722 Sure, yeah. Look, I know he can be a little eccentric. 79 00:03:04,806 --> 00:03:06,472 I tend to hold my breath around him. 80 00:03:06,555 --> 00:03:08,180 It's exacerbating my asthma. 81 00:03:08,263 --> 00:03:10,305 Ooh, okay... 82 00:03:10,389 --> 00:03:12,305 Richard, do you have a moment? 83 00:03:15,681 --> 00:03:20,472 You know what? Holden just made me a really good sandwich. 84 00:03:20,555 --> 00:03:22,972 Oh, well, that's nice. 85 00:03:23,055 --> 00:03:24,681 Yeah. Yep. 86 00:03:24,764 --> 00:03:25,847 (clears throat) 87 00:03:27,389 --> 00:03:30,472 Did he ask you to mention that to me? 88 00:03:31,514 --> 00:03:33,472 What? No. 89 00:03:33,555 --> 00:03:35,972 Okay. No, he's... he's just great. 90 00:03:37,430 --> 00:03:39,639 Well, "In doing what we ought, we deserve no praise 91 00:03:39,722 --> 00:03:41,347 because it is our duty." 92 00:03:41,430 --> 00:03:43,263 St. Augustine. 93 00:03:43,347 --> 00:03:44,555 So, um... 94 00:03:44,639 --> 00:03:46,472 I've been keeping track of the compute credits 95 00:03:46,555 --> 00:03:47,722 that you gave to Laurie. 96 00:03:47,806 --> 00:03:49,555 And she sold them to Gigglybots 97 00:03:49,639 --> 00:03:52,055 and then Gigglybots sold them to SmashHub. 98 00:03:52,138 --> 00:03:53,847 And they traded hands a few more times, 99 00:03:53,931 --> 00:03:56,138 the price increasing each time until they were 100 00:03:56,222 --> 00:03:58,681 bought by a venture fund in Mountain View. 101 00:03:58,764 --> 00:04:01,222 Okay, uh, so if we wanted to buy them back, 102 00:04:01,305 --> 00:04:02,639 how much would it cost us? 103 00:04:02,722 --> 00:04:05,138 It's $1.6 million. 104 00:04:05,222 --> 00:04:06,931 What? The fuck? 105 00:04:10,055 --> 00:04:11,555 More like that? Yeah. 106 00:04:11,639 --> 00:04:13,180 Danny: So Dinesh, is it true? 107 00:04:13,263 --> 00:04:14,305 Is series B happening? 108 00:04:14,389 --> 00:04:15,472 We all heard it's happening. 109 00:04:15,555 --> 00:04:17,889 Oh, guys, please, you know I can't talk to you 110 00:04:17,972 --> 00:04:19,472 about upper level management stuff. 111 00:04:19,555 --> 00:04:21,639 It's totally happening. Look at his face. 112 00:04:21,722 --> 00:04:22,806 He has the worst poker face. 113 00:04:22,889 --> 00:04:24,972 No. Don't... don't look at my face. 114 00:04:25,055 --> 00:04:25,972 This is great news. 115 00:04:26,055 --> 00:04:28,097 We're all getting big, fat bonuses. 116 00:04:28,180 --> 00:04:30,806 I was a little worried I made a mistake ordering that Tesla. 117 00:04:30,889 --> 00:04:33,097 Sorry, Tesla? What Tesla? 118 00:04:33,180 --> 00:04:35,138 Model S. Same as yours. 119 00:04:35,222 --> 00:04:38,555 I mean, not exactly the same. I ordered the P100D. 120 00:04:38,639 --> 00:04:39,514 Newer model. 121 00:04:39,597 --> 00:04:40,806 It's got longer battery life... 122 00:04:40,889 --> 00:04:42,597 You know what? This is a workplace. 123 00:04:42,681 --> 00:04:45,097 This is not a fucking slumber party, gabbing, gabbing. 124 00:04:45,180 --> 00:04:47,013 And series B is not a done deal. 125 00:04:47,097 --> 00:04:49,681 Despite what my face says, okay? 126 00:04:49,764 --> 00:04:50,722 Don't trust this face. 127 00:04:50,806 --> 00:04:52,764 No one should ever trust this face. 128 00:04:53,889 --> 00:04:55,597 Congrats on the Tesla, Danny. 129 00:04:55,681 --> 00:04:57,097 So excited for you. 130 00:04:58,764 --> 00:05:00,430 Series B, baby! 131 00:05:00,514 --> 00:05:01,764 Fuck Danny. 132 00:05:01,847 --> 00:05:03,347 I mean, I love my Tesla. 133 00:05:03,430 --> 00:05:04,514 It has Insane Mode, 134 00:05:04,597 --> 00:05:08,180 which means it goes zero to 60 in 3.2 seconds, 135 00:05:08,263 --> 00:05:09,931 which is literally insane. 136 00:05:10,013 --> 00:05:13,597 But the Tesla that Danny ordered has Ludicrous Mode, 137 00:05:13,681 --> 00:05:17,138 which means it goes zero to 60 in 2.8 seconds. 138 00:05:17,222 --> 00:05:22,305 So it's gonna take me an entire 0.4 seconds longer to get to 60. 139 00:05:22,389 --> 00:05:24,222 I mean, how would you feel if one of your neighbors 140 00:05:24,305 --> 00:05:26,097 got a tiki head bigger than yours? 141 00:05:26,972 --> 00:05:29,472 Oh, well, when we bought it, 142 00:05:29,555 --> 00:05:31,514 we made sure it was the biggest one they made, so. 143 00:05:31,597 --> 00:05:35,389 You're the biggest tiki head guy in the neighborhood. 144 00:05:35,472 --> 00:05:37,722 I used to be the Tesla guy in the office. 145 00:05:37,806 --> 00:05:40,722 I maxed out my credit cards to be able to afford that thing. 146 00:05:40,806 --> 00:05:42,055 And now that we're getting series B, 147 00:05:42,138 --> 00:05:45,347 any one of these bourgeois new money millennial fucks 148 00:05:45,430 --> 00:05:47,013 can just go out and buy one. 149 00:05:47,097 --> 00:05:48,722 I don't wanna sound selfish, 150 00:05:48,806 --> 00:05:53,514 but sometimes I wish only I made money. You know? 151 00:05:53,597 --> 00:05:54,639 What are we talking about, here? 152 00:05:54,722 --> 00:05:57,097 You want us to launch a cryptocurrency? 153 00:05:57,180 --> 00:05:58,347 I do. 154 00:05:58,430 --> 00:06:00,430 The fact that people are willing to pay many multiples more 155 00:06:00,514 --> 00:06:02,430 for our compute credits than they're worth, 156 00:06:02,514 --> 00:06:04,430 we have an opportunity here. 157 00:06:04,514 --> 00:06:05,889 Worth is relative, Richard. 158 00:06:05,972 --> 00:06:07,097 What do you mean? 159 00:06:07,180 --> 00:06:08,931 Why do people covet 160 00:06:09,013 --> 00:06:12,555 the silly pieces of green cotton paper in their wallets? 161 00:06:12,639 --> 00:06:15,263 It's because we are all sheep. 162 00:06:15,347 --> 00:06:18,263 And we've mutually agreed to endow certain things 163 00:06:18,347 --> 00:06:19,597 with value. 164 00:06:19,681 --> 00:06:22,055 And right now, for some reason, 165 00:06:22,138 --> 00:06:25,514 the market values our credits more than we did. 166 00:06:25,597 --> 00:06:27,430 Gilfoyle, we're not gonna suddenly pivot 167 00:06:27,514 --> 00:06:29,263 and become a digital currency company. 168 00:06:29,347 --> 00:06:30,430 I'm not proposing a pivot. 169 00:06:30,514 --> 00:06:32,889 I'm proposing that we sell digital currency 170 00:06:32,972 --> 00:06:35,972 as a way to finance our new Internet company. 171 00:06:36,055 --> 00:06:39,514 You wanted an alternative to Laurie Bream. 172 00:06:39,597 --> 00:06:41,389 Well, it's right here in front of you. 173 00:06:41,472 --> 00:06:43,347 PiedPiperCoin. 174 00:06:43,430 --> 00:06:45,472 Okay, look, I... 175 00:06:45,555 --> 00:06:47,555 I'm not gonna bet the entire future 176 00:06:47,639 --> 00:06:50,681 of my new Internet and everything I've worked for 177 00:06:50,764 --> 00:06:52,847 on becoming the next Bitcoin. 178 00:06:52,931 --> 00:06:54,847 You really expect me to do that? 179 00:06:54,931 --> 00:06:59,138 There are very few things that I will defend with true passion: 180 00:06:59,222 --> 00:07:00,722 Medical marijuana, 181 00:07:00,806 --> 00:07:05,347 the biblical Satan as a metaphor for rebellion against tyranny, 182 00:07:05,430 --> 00:07:08,472 and mother fucking Goddamn cryptocurrency. 183 00:07:08,555 --> 00:07:10,097 Mmm. 184 00:07:10,180 --> 00:07:13,889 I have a PowerPoint that I've been wanting to show you for some time. 185 00:07:15,013 --> 00:07:15,972 Gavin: Walk me through this. 186 00:07:16,055 --> 00:07:17,972 We can't make our boxes in China 187 00:07:18,055 --> 00:07:19,138 because Yao has threatened 188 00:07:19,222 --> 00:07:20,847 every manufacturer in the country. 189 00:07:20,931 --> 00:07:21,889 That's right. 190 00:07:21,972 --> 00:07:23,180 We can't afford Bangladesh, 191 00:07:23,263 --> 00:07:24,931 because the workers have unionized. 192 00:07:25,013 --> 00:07:26,847 Sadly, correct. 193 00:07:26,931 --> 00:07:28,514 And we can't use our place in Laos, 194 00:07:28,597 --> 00:07:31,305 because one person gets her scalp ripped off 195 00:07:31,389 --> 00:07:34,180 and suddenly, everyone's screaming regulations. 196 00:07:34,263 --> 00:07:35,138 Yes. 197 00:07:35,222 --> 00:07:36,597 You know, you hear a lot of chatter 198 00:07:36,681 --> 00:07:38,514 about the growth of the global economy, 199 00:07:38,597 --> 00:07:40,430 but no one wants to talk about the downside. 200 00:07:40,514 --> 00:07:44,514 Gavin, there is one other manufacturing option we haven't discussed yet, 201 00:07:44,597 --> 00:07:46,972 which considering the current circumstances, 202 00:07:47,055 --> 00:07:48,931 might be worth consideration. 203 00:07:49,013 --> 00:07:51,389 I'm open to anything. 204 00:07:52,597 --> 00:07:53,555 America. 205 00:07:53,639 --> 00:07:55,055 Fuck you. 206 00:07:55,138 --> 00:07:56,806 I feel the same way. 207 00:07:56,889 --> 00:07:58,389 But we were recently contacted 208 00:07:58,472 --> 00:08:00,639 by the mayor of Goldbriar, North Carolina. 209 00:08:00,722 --> 00:08:03,055 They had a DVR manufacturing plant that closed. 210 00:08:03,138 --> 00:08:04,847 The retooling would be minimal. 211 00:08:04,931 --> 00:08:06,222 Sco They've got a skilled labor pool 212 00:08:06,305 --> 00:08:08,889 just sitting idle and they sound desperate. 213 00:08:08,972 --> 00:08:10,681 Really? 214 00:08:10,764 --> 00:08:11,722 How desperate? 215 00:08:11,806 --> 00:08:13,013 It was pitiful. 216 00:08:13,097 --> 00:08:14,305 Really? 217 00:08:15,305 --> 00:08:18,389 In 350 BCE, 218 00:08:18,472 --> 00:08:21,931 Aristotle defined sound money as being 219 00:08:22,013 --> 00:08:23,430 durable, transferable, 220 00:08:23,514 --> 00:08:25,847 divisible, scarce, recognizable... 221 00:08:25,931 --> 00:08:27,555 Gilfoyle? And fungible. 222 00:08:27,639 --> 00:08:28,555 What? 223 00:08:28,639 --> 00:08:30,889 Can we skip ahead 2,400 years? 224 00:08:30,972 --> 00:08:33,555 I mean, I know what cryptocurrency is. 225 00:08:33,639 --> 00:08:36,305 Richard, a lot of work went into this presentation. 226 00:08:36,389 --> 00:08:38,138 Okay. Fine. 227 00:08:39,806 --> 00:08:42,722 But you're missing out on a lot of wisdom, here. 228 00:08:44,972 --> 00:08:46,931 Why don't you tell me what you know 229 00:08:47,013 --> 00:08:49,430 about Bitcoin as a jumping-off point? 230 00:08:49,514 --> 00:08:50,931 Okay, sure. 231 00:08:51,013 --> 00:08:54,347 Uh, well, I'm pretty sure it was founded by a Japanese guy... 232 00:08:54,430 --> 00:08:55,972 Or guys, or girls, 233 00:08:56,055 --> 00:08:59,389 going by the name Satoshi Nakamoto in 2008. 234 00:08:59,472 --> 00:09:00,764 True identity still unknown. 235 00:09:00,847 --> 00:09:03,263 Okay, look, every day I read an article 236 00:09:03,347 --> 00:09:05,597 about how we're in a Bitcoin bubble. 237 00:09:05,681 --> 00:09:07,931 And who is writing those articles? 238 00:09:08,013 --> 00:09:09,722 I don't wanna say the establishment. 239 00:09:09,806 --> 00:09:12,097 But is it possible that Warren Buffett 240 00:09:12,180 --> 00:09:14,681 called Bitcoin a pyramid scheme 241 00:09:14,764 --> 00:09:18,514 because he has 92 billion conventional dollars to protect? 242 00:09:18,597 --> 00:09:21,847 Let's say he's right. Let's say Bitcoin dies. 243 00:09:21,931 --> 00:09:24,972 So what? MySpace, Friendster, they both died. 244 00:09:25,055 --> 00:09:27,722 But they paved the way for other social media tripe 245 00:09:27,806 --> 00:09:29,555 like Facebook and Twitter 246 00:09:29,639 --> 00:09:32,097 to completely overrun the planet. 247 00:09:33,180 --> 00:09:35,514 Crypto is out there. 248 00:09:35,597 --> 00:09:37,180 And it's not going away. 249 00:09:37,263 --> 00:09:39,472 It just feels sketchy. 250 00:09:39,555 --> 00:09:44,263 In the same way that a new Internet is sketchy, Richard? 251 00:09:44,347 --> 00:09:46,347 Well... What is crypto? 252 00:09:46,430 --> 00:09:49,472 If not decentralized, anonymous, secure, 253 00:09:49,555 --> 00:09:52,681 and an existential threat to the powers that be? 254 00:09:52,764 --> 00:09:54,972 I would think that you'd be all-in on something like that. 255 00:09:55,055 --> 00:09:58,555 Yeah. But do you really think we can create a currency 256 00:09:58,639 --> 00:10:00,055 worth $30 million? 257 00:10:00,138 --> 00:10:01,639 Because that's what we'd be giving up. 258 00:10:01,722 --> 00:10:04,472 Maybe. Probably even more. 259 00:10:04,555 --> 00:10:06,097 But even if it's less, 260 00:10:07,013 --> 00:10:10,180 we would still gain control, autonomy, 261 00:10:10,263 --> 00:10:11,430 board seats and shares, 262 00:10:11,514 --> 00:10:15,514 and you wouldn't have to rely on a VC who once fired you 263 00:10:15,597 --> 00:10:17,263 from your own company. 264 00:10:19,555 --> 00:10:20,764 So, there is a mode 265 00:10:20,847 --> 00:10:23,222 above Ludicrous Mode. Am I correct? 266 00:10:23,305 --> 00:10:25,263 Yes. It's called Plaid. 267 00:10:25,347 --> 00:10:27,931 And it comes standard on the new Tesla Roadster. 268 00:10:28,013 --> 00:10:29,305 How do I get into one of these babies? 269 00:10:29,389 --> 00:10:32,972 Simple. You put down a $50,000 deposit today. 270 00:10:33,055 --> 00:10:34,514 Okay. 271 00:10:34,597 --> 00:10:36,097 And you'll be behind the wheel 272 00:10:36,180 --> 00:10:37,639 as soon as they become available. 273 00:10:37,722 --> 00:10:39,972 And how quickly will that be, Stephanie? 274 00:10:40,055 --> 00:10:42,222 Soon. We're thinking a few years, 275 00:10:42,305 --> 00:10:43,889 which goes by fast. 276 00:10:43,972 --> 00:10:45,847 My daughter was a teenager in high school. 277 00:10:45,931 --> 00:10:47,972 Next thing I knew... I'm gonna stop you right there. 278 00:10:48,055 --> 00:10:51,222 Your oily salesmanship is starting to really irritate me. 279 00:10:51,305 --> 00:10:52,389 Okay? 280 00:10:52,472 --> 00:10:54,889 I need to maintain my Tesla superiority, 281 00:10:54,972 --> 00:10:56,222 and I need to do it now. 282 00:10:56,305 --> 00:10:58,597 Okay, I'm looking at a new set of wheels here. 283 00:10:58,681 --> 00:11:00,222 The 21-inch Arachnids. 284 00:11:00,305 --> 00:11:03,263 Very nice. But they're not for sale. 285 00:11:03,347 --> 00:11:05,889 You can only get them through our referral awards program. 286 00:11:05,972 --> 00:11:07,722 You refer three other customers to us, 287 00:11:07,806 --> 00:11:11,555 they buy a vehicle and, zoop-zoop, you get the wheels. 288 00:11:11,639 --> 00:11:14,472 So, if I get more people to buy Teslas, 289 00:11:14,555 --> 00:11:18,180 then I will have the wheels and no one else can get them? 290 00:11:18,263 --> 00:11:19,222 Not even Danny? 291 00:11:19,305 --> 00:11:21,055 I'm sorry, who's Danny? 292 00:11:21,138 --> 00:11:23,055 He's the guy with the shitty wheels. 293 00:11:23,138 --> 00:11:26,389 Major Wilkins: And now, the CEO of Hooli, 294 00:11:26,472 --> 00:11:28,097 Mr. Gavin Belson. 295 00:11:28,180 --> 00:11:30,180 (cheers and applause) 296 00:11:32,764 --> 00:11:34,472 Thank you, Mayor Wilkins. 297 00:11:34,555 --> 00:11:37,847 Thank you, Goldbriar, for this warm, wonderful welcome. 298 00:11:37,931 --> 00:11:39,722 You know, being in North Carolina 299 00:11:39,806 --> 00:11:42,597 always feels like a bit of a homecoming for me. 300 00:11:42,681 --> 00:11:46,889 I own a vacation property just off the coast in Bermuda. 301 00:11:46,972 --> 00:11:49,555 Technically, it is my primary legal residence. 302 00:11:52,222 --> 00:11:53,931 Good people of Goldbriar, 303 00:11:54,013 --> 00:11:56,263 for too long, foreign interests 304 00:11:56,347 --> 00:11:59,180 have used unfair trade and labor practices 305 00:11:59,263 --> 00:12:02,514 to plunder American wealth and steal American jobs. 306 00:12:02,597 --> 00:12:03,931 But I don't blame them for that. 307 00:12:04,013 --> 00:12:08,972 No. I blame weak, spineless American politicians. 308 00:12:09,055 --> 00:12:11,097 But if your mayor does his job, 309 00:12:11,180 --> 00:12:12,389 your jobs will come back, 310 00:12:12,472 --> 00:12:15,097 and soon, you will proudly be building 311 00:12:15,180 --> 00:12:18,472 the Gavin Belson Signature Box Three. 312 00:12:18,555 --> 00:12:20,597 (applause) But if for some reason 313 00:12:20,681 --> 00:12:24,555 he can't make my very reasonable proposal work, 314 00:12:24,639 --> 00:12:25,889 you know who to blame. 315 00:12:26,847 --> 00:12:29,013 I'm excited to get started. 316 00:12:29,097 --> 00:12:31,180 What about y'all? 317 00:12:31,263 --> 00:12:32,681 (cheers and applause) 318 00:12:32,764 --> 00:12:36,806 (marching band plays) 319 00:12:36,889 --> 00:12:40,389 ♪ ♪ 320 00:12:41,555 --> 00:12:42,764 (dramatic sting) 321 00:12:46,889 --> 00:12:49,055 ♪ ♪ 322 00:12:49,138 --> 00:12:50,430 (sighs) 323 00:12:52,472 --> 00:12:54,222 Jared: Hi, Holden. Oh. 324 00:12:54,305 --> 00:12:55,305 (dramatic sting) 325 00:12:56,305 --> 00:12:58,889 Jared. Hi. 326 00:12:58,972 --> 00:13:00,055 Hi. 327 00:13:01,055 --> 00:13:02,347 Can I ask you a question? 328 00:13:02,430 --> 00:13:03,889 Of course. 329 00:13:04,847 --> 00:13:06,847 Did you ask Richard to tell me 330 00:13:06,931 --> 00:13:10,389 that he liked the sandwich that you made for him? 331 00:13:11,472 --> 00:13:12,555 No. 332 00:13:17,138 --> 00:13:18,263 Is that the truth? 333 00:13:19,263 --> 00:13:20,305 Yes. 334 00:13:24,430 --> 00:13:25,597 Okay. 335 00:13:27,430 --> 00:13:28,430 Okay. 336 00:13:30,847 --> 00:13:32,263 Good job with that plate. 337 00:13:33,931 --> 00:13:34,972 Thanks. 338 00:13:43,764 --> 00:13:45,055 (inhales deeply) 339 00:13:45,138 --> 00:13:47,639 Dinesh: Now, I can see the looks on your faces. 340 00:13:47,722 --> 00:13:49,222 I know what you're thinking. 341 00:13:49,305 --> 00:13:52,722 Why does Dinesh care so much if I buy a Tesla? 342 00:13:52,806 --> 00:13:54,263 I'll tell you why. 343 00:13:54,347 --> 00:13:56,972 Because Teslas are good for the world. 344 00:13:57,055 --> 00:13:59,555 Surprisingly pedestrian wheels, but you get over that. 345 00:13:59,639 --> 00:14:01,222 So, come on. 346 00:14:01,305 --> 00:14:03,222 Series B, right? Cha-ching. 347 00:14:03,305 --> 00:14:05,514 I was gonna use that to pay off my student loans. 348 00:14:05,597 --> 00:14:06,514 That's boring. 349 00:14:06,597 --> 00:14:08,097 And don't take this the wrong way, 350 00:14:08,180 --> 00:14:10,263 but it seems like it's very important 351 00:14:10,347 --> 00:14:12,972 for you to be the Tesla guy in the office. 352 00:14:13,055 --> 00:14:14,389 Like, weirdly important. 353 00:14:14,472 --> 00:14:17,305 I'm not weird, you're weird. You guys are being so weird. 354 00:14:17,389 --> 00:14:20,722 Come on. What's it gonna take to get you into a Tesla today? 355 00:14:20,806 --> 00:14:24,055 Here. I've printed out hundreds of these. 356 00:14:24,138 --> 00:14:26,430 There you go. There you go, pass these on. 357 00:14:26,514 --> 00:14:27,847 Dave? Dave? 358 00:14:29,138 --> 00:14:31,514 All right, what's this interesting idea? 359 00:14:31,597 --> 00:14:33,138 Gilfoyle and I were talking. 360 00:14:33,222 --> 00:14:37,180 And this may seem a little out there at first, but... 361 00:14:37,263 --> 00:14:41,222 Instead of funding our launch with a series B, 362 00:14:41,305 --> 00:14:42,472 what about... 363 00:14:43,472 --> 00:14:44,472 an ICO? 364 00:14:46,347 --> 00:14:48,847 An initial coin offering? It's basically a... 365 00:14:48,931 --> 00:14:50,806 Are you a fucking moron? 366 00:14:52,514 --> 00:14:54,597 Maybe I don't need to be here for this. 367 00:14:54,681 --> 00:14:55,972 Sit the fuck down. 368 00:14:56,055 --> 00:14:57,180 Okay. 369 00:14:58,097 --> 00:15:00,138 Richard, what are you doing? 370 00:15:00,222 --> 00:15:02,055 Just exploring our options. 371 00:15:02,138 --> 00:15:04,305 Why? You don't think I have your back? 372 00:15:04,389 --> 00:15:06,180 Look, I get that you're giving up 373 00:15:06,263 --> 00:15:07,389 board seats and shares, 374 00:15:07,472 --> 00:15:09,305 but look what you're getting in return. 375 00:15:09,389 --> 00:15:12,472 As if the $30 million you were getting wasn't good enough, 376 00:15:12,555 --> 00:15:14,972 we provide you with marketing, networking, staffing. 377 00:15:15,055 --> 00:15:16,931 We help you negotiate partnerships 378 00:15:17,013 --> 00:15:18,138 and navigate regulations. 379 00:15:18,222 --> 00:15:21,097 All these things that are changing by the minute. 380 00:15:21,180 --> 00:15:24,055 Gilfoyle, can you help with any of that? 381 00:15:24,138 --> 00:15:26,889 I'd rather just listen if it's all the same to you. 382 00:15:26,972 --> 00:15:29,138 Look, if you do an ICO, 383 00:15:29,222 --> 00:15:30,681 you're not only saying fuck you to us, 384 00:15:30,764 --> 00:15:32,138 you're saying fuck you to all VCs. 385 00:15:32,222 --> 00:15:33,555 Jesus, Richard. Why would you even 386 00:15:33,639 --> 00:15:36,013 think it would be okay to talk to me about this? 387 00:15:36,097 --> 00:15:38,347 Like would you ask your wife who you should cheat with? 388 00:15:38,430 --> 00:15:39,889 No. 389 00:15:39,972 --> 00:15:40,931 Well, maybe. 390 00:15:41,013 --> 00:15:42,055 I don't know, I... 391 00:15:42,138 --> 00:15:45,013 I guess I was just looking for advice from a friend. 392 00:15:45,097 --> 00:15:47,097 Oh, are we friends, Richard? 393 00:15:47,180 --> 00:15:48,639 Yes, of course. Really? 394 00:15:48,722 --> 00:15:50,263 Have we spoken once in the past year 395 00:15:50,347 --> 00:15:52,472 about anything other than business? 396 00:15:52,555 --> 00:15:54,180 Yes. 397 00:15:54,263 --> 00:15:56,514 Wait. No. 398 00:15:56,597 --> 00:15:58,180 When's my birthday? Come on. 399 00:15:58,263 --> 00:16:00,097 Do I live in a house or an apartment? 400 00:16:01,639 --> 00:16:03,180 Did you even know that I was married? 401 00:16:03,263 --> 00:16:05,347 You are? I was, I... 402 00:16:05,430 --> 00:16:07,097 had it annulled after three months. 403 00:16:07,180 --> 00:16:09,222 Did he ask you who he should cheat with? 404 00:16:12,305 --> 00:16:14,847 Look, you came for advice, fine. 405 00:16:14,931 --> 00:16:16,305 Forget an ICO. 406 00:16:16,389 --> 00:16:17,597 Okay? I'm sure Gilfoyle 407 00:16:17,681 --> 00:16:20,013 told you that he can handle all the technical stuff. 408 00:16:20,097 --> 00:16:22,055 But this is not just a math problem. 409 00:16:22,138 --> 00:16:26,347 They're my direct competition. I've done my homework on this. 410 00:16:26,430 --> 00:16:28,263 So before you walk away from stability 411 00:16:28,347 --> 00:16:31,222 and gamble your entire company on crypto, 412 00:16:31,305 --> 00:16:32,972 there's another "friend" of yours 413 00:16:33,055 --> 00:16:34,138 I think you should talk to. 414 00:16:35,681 --> 00:16:38,722 I was such a fucking pussy when Bitcoin broke, Richard. 415 00:16:38,806 --> 00:16:40,222 If I had the balls, 416 00:16:40,305 --> 00:16:42,347 I'd have put every penny I had into that shit 417 00:16:42,430 --> 00:16:43,347 five years ago, 418 00:16:43,430 --> 00:16:44,764 watched it go up, up, up, up, up 419 00:16:44,847 --> 00:16:47,055 and then pulled out right before it all came crashing down again. 420 00:16:47,138 --> 00:16:48,972 I mean, Jesus, why didn't I do that? 421 00:16:49,055 --> 00:16:51,430 Fuck me! But then, it occurred to me... 422 00:16:51,514 --> 00:16:54,389 I own 36 fucking companies, Richard. 423 00:16:54,472 --> 00:16:56,681 If I make them all ICO, 424 00:16:56,764 --> 00:16:59,305 that's 36 bites at the apple. 425 00:16:59,389 --> 00:17:00,430 So I did it. 426 00:17:00,514 --> 00:17:02,931 You... you did 36 ICOs? Yup. 427 00:17:03,013 --> 00:17:04,889 Did they work? You know, one of the things 428 00:17:04,972 --> 00:17:07,138 being in the three comma club has taught me, Richard, 429 00:17:07,222 --> 00:17:08,430 is it's not always about money. 430 00:17:08,514 --> 00:17:10,180 Sometimes, it's about wisdom. 431 00:17:10,263 --> 00:17:13,847 And did I lose a B? Close to it. Fuck! 432 00:17:13,931 --> 00:17:16,597 But I bet I gained two B in wisdom. 433 00:17:16,681 --> 00:17:18,347 So you lost it all? 434 00:17:19,681 --> 00:17:22,639 Ha, ha, Richard, if I didn't love this crazy guy so much, 435 00:17:22,722 --> 00:17:23,931 I'd knock his fucking teeth out. 436 00:17:24,013 --> 00:17:25,806 Nah, nah, I didn't lose it all. 437 00:17:25,889 --> 00:17:28,347 I mean, one of them got shut down by the SEC. 438 00:17:28,430 --> 00:17:30,138 On a few, we got scammed. 439 00:17:30,222 --> 00:17:31,514 But some of them worked. 440 00:17:32,972 --> 00:17:33,972 One of them worked. 441 00:17:34,055 --> 00:17:36,931 One? One out of 36? 442 00:17:37,013 --> 00:17:37,972 Yeah. Listen, 443 00:17:38,055 --> 00:17:40,430 all the coin I had from the ICO that worked 444 00:17:40,514 --> 00:17:41,972 was on a USB thumb drive. 445 00:17:42,055 --> 00:17:43,472 And my dumb fucking housekeeper 446 00:17:43,555 --> 00:17:44,972 threw out my jeans, 'cause they were ripped. 447 00:17:45,055 --> 00:17:46,472 Even though I paid more for the ripped ones. 448 00:17:46,555 --> 00:17:48,263 And the thumb drive was in the pocket, so. 449 00:17:48,347 --> 00:17:51,138 $300 million in crypto is buried out here, somewhere. 450 00:17:51,222 --> 00:17:52,639 But my boys will find it. 451 00:17:52,722 --> 00:17:54,514 If they wanna get paid, right? 452 00:17:55,555 --> 00:17:56,806 And when they do, 453 00:17:56,889 --> 00:17:58,639 that coin could cover all the losers. 454 00:17:58,722 --> 00:18:01,055 I mean, it's up 3,000% in the last two weeks. 455 00:18:01,138 --> 00:18:03,305 If it keeps going like this over the next three, four months, 456 00:18:03,389 --> 00:18:05,138 we could be talking the four comma club! 457 00:18:05,222 --> 00:18:06,847 That's a T, not a B, Richard. (man whistling) 458 00:18:06,931 --> 00:18:09,347 Mr. Hanneman! Shit, you found it? 459 00:18:09,430 --> 00:18:13,347 (laughs) Jose! Yes! No! 460 00:18:13,430 --> 00:18:14,931 I said a thumb drive. 461 00:18:15,013 --> 00:18:16,639 In the... that's an actual thumb. 462 00:18:16,722 --> 00:18:19,305 That's a human... Just fucking put that back! 463 00:18:19,389 --> 00:18:22,847 Again, Richard... 464 00:18:22,931 --> 00:18:24,180 the math is sound. 465 00:18:24,263 --> 00:18:27,722 ♪ ♪ 466 00:18:30,013 --> 00:18:32,555 Well, Mayor, I sure have enjoyed our time together. 467 00:18:32,639 --> 00:18:33,847 Let me know when you get this done. 468 00:18:33,931 --> 00:18:36,847 Uh, Mr. Belson, I'm sorry, but this list of demands 469 00:18:36,931 --> 00:18:39,681 is not remotely workable for a community of our size. 470 00:18:39,764 --> 00:18:42,055 A mayor's job is never easy. 471 00:18:42,138 --> 00:18:43,389 But you'll find a way, 472 00:18:43,472 --> 00:18:44,931 if you care about your constituents. 473 00:18:45,013 --> 00:18:46,931 Mr. Belson, I grew up in this town. 474 00:18:47,013 --> 00:18:48,347 I've lived here my entire life. 475 00:18:48,430 --> 00:18:50,389 I'd do anything to... Wait, wait, wait, wait. 476 00:18:50,472 --> 00:18:52,347 Your entire life? Mm-hmm. 477 00:18:52,430 --> 00:18:55,180 How old are you? Forty-seven. 478 00:18:55,263 --> 00:18:56,722 That's a little weird, isn't it? 479 00:18:56,806 --> 00:19:00,347 The point is, I'd do anything to help the people of this area. 480 00:19:00,430 --> 00:19:04,555 But giving you public money on this scale would decimate our budget. 481 00:19:04,639 --> 00:19:07,013 I could have the local high school renamed after you. 482 00:19:07,097 --> 00:19:09,389 Rosa Parks has never even been to Goldbriar. 483 00:19:09,472 --> 00:19:10,931 I don't want a fucking high school. 484 00:19:11,013 --> 00:19:14,138 I wanna manufacture boxes at an 80% profit margin. 485 00:19:14,222 --> 00:19:15,305 I don't understand. 486 00:19:15,389 --> 00:19:17,013 All my asshole friends keep getting 487 00:19:17,097 --> 00:19:19,347 NFL stadiums and corporate headquarters, 488 00:19:19,430 --> 00:19:20,722 all fully paid for. 489 00:19:20,806 --> 00:19:23,847 And you can't make one fucking factory happen? 490 00:19:23,931 --> 00:19:27,055 I mean, the only things I have left to cut are essential services. 491 00:19:27,138 --> 00:19:28,889 There you go. Do that. 492 00:19:28,972 --> 00:19:30,555 You could have a volunteer fire department. 493 00:19:30,639 --> 00:19:32,931 Because I can't afford a penny more than this. 494 00:19:36,514 --> 00:19:37,972 Man: Everybody ready? 495 00:19:38,055 --> 00:19:39,347 (blows pitch pipe) 496 00:19:39,430 --> 00:19:40,597 Two, three! 497 00:19:40,681 --> 00:19:42,972 ♪ Oh Carolina prowl off ♪ ♪ Do-do-do-do ♪ 498 00:19:43,055 --> 00:19:45,180 ♪ Jump an prance, oh Carolina ♪ 499 00:19:45,263 --> 00:19:47,764 ♪ Prowl off jump an prance ♪ ♪ Do-do-do-do ♪ 500 00:19:47,847 --> 00:19:50,514 ♪ Oh Carolina gal prowl off ♪ 501 00:19:50,597 --> 00:19:52,806 ♪ Gal yuh fi jump an prance ♪ 502 00:19:52,889 --> 00:19:54,138 ♪ Prowl off ♪ ♪ Do-do-do-do ♪ 503 00:19:54,222 --> 00:19:55,681 ♪ Jump and prance ♪ 504 00:19:55,764 --> 00:19:59,555 (jet engines revving) ♪ Carolina come bubble 'pon me ♪ 505 00:19:59,639 --> 00:20:03,180 ♪ Oh, watch how she groove ♪ 506 00:20:05,722 --> 00:20:07,555 Dinesh: So, pretty sweet, right? 507 00:20:07,639 --> 00:20:08,889 Woman: Yeah, it's nice. 508 00:20:08,972 --> 00:20:11,222 Sorry we couldn't find a safe spot to try Insane Mode. 509 00:20:11,305 --> 00:20:13,097 It feels like your kidneys are gonna get, like, 510 00:20:13,180 --> 00:20:14,597 ripped right through the back of your body. 511 00:20:14,681 --> 00:20:16,931 It's like... Yeah, I don't think I'd wanna do that. 512 00:20:17,013 --> 00:20:18,347 Well you don't need to do it. 513 00:20:18,430 --> 00:20:21,222 But you wanna be able to tell people that you can do it. 514 00:20:21,305 --> 00:20:23,681 Right? It's like having a gun. 515 00:20:23,764 --> 00:20:26,597 So, Charlie and Nadia have already said yes. 516 00:20:26,681 --> 00:20:29,222 You'll finally have something to talk to them about. 517 00:20:29,305 --> 00:20:31,013 Oh, let me think about it. 518 00:20:31,097 --> 00:20:34,472 Fine. Okay, just pull into the designated EV...2.8 seconds. 519 00:20:34,555 --> 00:20:35,972 Oh, fuck. 520 00:20:36,055 --> 00:20:37,472 Danny already got his car. 521 00:20:37,555 --> 00:20:40,013 I'll pay your down payment and first three months. Do we have a deal? 522 00:20:40,097 --> 00:20:41,389 Wow, really? 523 00:20:42,764 --> 00:20:43,889 Make it six months. 524 00:20:45,055 --> 00:20:46,055 Fine! Okay, just go. 525 00:20:46,138 --> 00:20:47,972 Hide before Danny sees us in this shitty car. 526 00:20:48,055 --> 00:20:49,472 Go, go, go. Go. Wow, uh... 527 00:20:49,555 --> 00:20:51,639 ♪ ♪ 528 00:20:51,722 --> 00:20:53,430 (phone vibrating) 529 00:20:53,514 --> 00:20:54,597 Hello? 530 00:20:54,681 --> 00:20:56,138 Hey, guess what? 531 00:20:56,222 --> 00:20:58,389 My boss just bought me a car! 532 00:20:59,555 --> 00:21:02,055 What? No! Ew. Ugh! 533 00:21:04,305 --> 00:21:06,972 Richard? Ron LaFlamme's office just called. 534 00:21:07,055 --> 00:21:09,806 And the series B paperwork is ready for you to sign. 535 00:21:11,472 --> 00:21:12,764 Okay. 536 00:21:12,847 --> 00:21:16,138 Uh, well, then I guess I'll just go over there and sign it. 537 00:21:16,222 --> 00:21:18,847 Richard, I know you were pinning your hopes on the ICO, 538 00:21:18,931 --> 00:21:21,514 but I... I think series B is the right call. 539 00:21:21,597 --> 00:21:23,597 Yeah, no, I... I hope so. 540 00:21:23,681 --> 00:21:25,555 We're gonna get the money we need to launch, 541 00:21:25,639 --> 00:21:28,097 and everyone out there is gonna get a great bonus. 542 00:21:28,180 --> 00:21:31,013 And then, you're gonna have an army of happy 543 00:21:31,097 --> 00:21:33,305 and highly motivated workers... 544 00:21:34,430 --> 00:21:35,389 Richard: Jared? 545 00:21:35,472 --> 00:21:36,806 Everything okay with Holden? 546 00:21:36,889 --> 00:21:38,806 You mean, like, mentally? 547 00:21:38,889 --> 00:21:40,514 I was wondering that, too. 548 00:21:40,597 --> 00:21:42,806 No. No, no. Just, like... 549 00:21:42,889 --> 00:21:44,222 like, with you and him. 550 00:21:44,305 --> 00:21:47,222 Just seems like you're being really hard on him. 551 00:21:47,305 --> 00:21:48,514 Do you like him? 552 00:21:48,597 --> 00:21:50,347 Yeah. I mean, sure. 553 00:21:50,430 --> 00:21:53,430 Okay. It's okay if you like him. 554 00:21:53,514 --> 00:21:55,222 That's all that matters, right? 555 00:21:55,305 --> 00:21:56,222 Yeah. 556 00:21:56,305 --> 00:21:58,555 Okay. Well, I'll see you when, uh... 557 00:21:58,639 --> 00:22:01,180 I'll see you when you get back from LaFlamme's. 558 00:22:01,263 --> 00:22:04,764 ♪ ♪ 559 00:22:04,847 --> 00:22:06,472 (dramatic sting) 560 00:22:11,305 --> 00:22:13,972 Laurie: Every institutional investor to whom I reached out 561 00:22:14,055 --> 00:22:15,806 agreed to participate in our second fund. 562 00:22:15,889 --> 00:22:19,889 The capital issues we faced due to Eklow's failure 563 00:22:19,972 --> 00:22:21,013 have been remedied. 564 00:22:21,097 --> 00:22:23,138 Laurie, you are a badass. 565 00:22:25,305 --> 00:22:27,222 Ah, yes. A compliment. 566 00:22:27,305 --> 00:22:30,889 Well, I think the numbers in our new prospectus 567 00:22:31,013 --> 00:22:32,514 speak for themselves. 568 00:22:35,013 --> 00:22:38,013 Sorry, you're projecting that 70% of Pied Piper's 569 00:22:38,097 --> 00:22:41,222 operating income is gonna come from ad sales, but... 570 00:22:41,305 --> 00:22:42,722 Pied Piper's not gonna sell ads. 571 00:22:42,806 --> 00:22:45,847 Yes. I understand that is their current position. 572 00:22:45,931 --> 00:22:48,389 No, Laurie, when we offered them their series B, 573 00:22:48,472 --> 00:22:50,889 I promised Richard that we would never make them 574 00:22:50,972 --> 00:22:52,222 harvest data or sell ads. 575 00:22:52,305 --> 00:22:55,305 However, that language is not part of their term sheet. 576 00:22:55,389 --> 00:22:59,389 I am not saying that we will force their hand on this issue. 577 00:22:59,472 --> 00:23:04,180 But neither am I saying definitively that we will not. 578 00:23:04,263 --> 00:23:08,222 Okay, but you and I, we are partners, right? 579 00:23:08,305 --> 00:23:09,389 Of course. 580 00:23:09,472 --> 00:23:12,263 Any decision we make, we will certainly make together. 581 00:23:12,347 --> 00:23:14,931 Good. As long as that's clear. 582 00:23:15,013 --> 00:23:17,347 And again, great job closing our funding. 583 00:23:17,430 --> 00:23:20,263 Ah, yes. Huzzah. Onward. 584 00:23:24,847 --> 00:23:27,097 ♪ ♪ 585 00:23:27,180 --> 00:23:28,138 Laurie, did you have 586 00:23:28,222 --> 00:23:30,138 the big, hairy question put back on my wall? 587 00:23:30,222 --> 00:23:31,555 Yes. I like it there. 588 00:23:31,639 --> 00:23:32,722 But I don't. 589 00:23:33,764 --> 00:23:34,764 And yet... 590 00:23:39,722 --> 00:23:42,013 All right. One more, right there. 591 00:23:42,097 --> 00:23:44,889 And done-zo. 592 00:23:44,972 --> 00:23:46,722 Series ba-bam. 593 00:23:46,806 --> 00:23:48,305 Richard, don't sign it. 594 00:23:48,389 --> 00:23:49,472 Look, I can't protect you. 595 00:23:49,555 --> 00:23:51,472 At some point, Laurie's gonna fuck you over 596 00:23:51,555 --> 00:23:52,847 and make you sell ads. What? 597 00:23:52,931 --> 00:23:54,555 And I don't think there's anything I can do about it. 598 00:23:54,639 --> 00:23:57,681 Don't sign the deal. I just did. It's done. 599 00:23:57,764 --> 00:23:58,972 Jesus Christ. 600 00:23:59,055 --> 00:24:00,347 Laurie's gonna sell ads. 601 00:24:00,430 --> 00:24:02,263 Isn't that what I told you? 602 00:24:02,347 --> 00:24:04,263 What the fuck am I supposed to do now? 603 00:24:04,347 --> 00:24:05,764 (bang) God! 604 00:24:05,847 --> 00:24:08,430 You know I can just tear these up, right? 605 00:24:11,972 --> 00:24:13,639 No, I know. Good. 606 00:24:15,555 --> 00:24:16,681 Gavin: I like it. 607 00:24:16,764 --> 00:24:18,681 But can we adjust the proportions? 608 00:24:18,764 --> 00:24:20,347 Make the logo bigger? 609 00:24:20,430 --> 00:24:22,514 And... and make the flag bigger? 610 00:24:22,597 --> 00:24:24,639 And... and make the box bigger, too. 611 00:24:24,722 --> 00:24:27,055 It all just needs to be bigger. 612 00:24:27,138 --> 00:24:28,514 Okay. 613 00:24:28,597 --> 00:24:30,180 Bigger. Yeah. 614 00:24:30,263 --> 00:24:32,514 Sir. Ah, Hoover. 615 00:24:32,597 --> 00:24:34,180 How's the factory coming? 616 00:24:34,263 --> 00:24:35,472 We almost online? 617 00:24:35,555 --> 00:24:37,764 Not exactly, sir. 618 00:24:37,847 --> 00:24:38,847 It's gone. 619 00:24:38,931 --> 00:24:40,263 What do you mean? 620 00:24:40,347 --> 00:24:42,305 Did that dipshit mayor renege on our deal? 621 00:24:42,389 --> 00:24:43,972 No, he made every effort, 622 00:24:44,055 --> 00:24:45,972 including having the factory repainted. 623 00:24:46,055 --> 00:24:47,597 Okay. So what's the problem? 624 00:24:47,681 --> 00:24:51,222 Well, apparently, the painters left some oily rags in a garbage can. 625 00:24:51,305 --> 00:24:55,013 Mm-hmm. But because of cuts to the sanitation service, 626 00:24:55,097 --> 00:24:56,472 the trash was not collected 627 00:24:56,555 --> 00:24:58,263 and the rags smoldered and caught fire. 628 00:24:58,347 --> 00:25:00,639 And because of cuts to the fire department, 629 00:25:00,722 --> 00:25:01,722 the blaze spread. 630 00:25:01,806 --> 00:25:03,764 A number of concerned citizens 631 00:25:03,847 --> 00:25:05,222 volunteered to help fight the fire, 632 00:25:05,305 --> 00:25:08,138 but because the water was cut off, they could not. 633 00:25:08,222 --> 00:25:09,472 Okay, so what happened? 634 00:25:09,555 --> 00:25:12,305 Well, the vast majority of our expensive, rare earth materials 635 00:25:12,389 --> 00:25:13,305 survived the fire. 636 00:25:13,389 --> 00:25:14,722 Well, that's something. 637 00:25:14,806 --> 00:25:16,389 Until the flames abated, 638 00:25:16,472 --> 00:25:18,639 when because of mass layoffs of police, 639 00:25:18,722 --> 00:25:20,889 the locals that were there to fight the fire 640 00:25:20,972 --> 00:25:24,097 decided instead to loot the burned-out factory. 641 00:25:24,180 --> 00:25:26,972 The National Guard attempted to reach the factory 642 00:25:27,055 --> 00:25:28,138 to help stop this, but... 643 00:25:28,222 --> 00:25:30,430 The roads. The roads, sir, yes. 644 00:25:30,514 --> 00:25:31,764 Okay. 645 00:25:31,847 --> 00:25:33,764 So, we lost it all? 646 00:25:33,847 --> 00:25:35,263 Everything? Yes. 647 00:25:36,722 --> 00:25:38,347 Also, the IRS called. 648 00:25:38,430 --> 00:25:40,514 Somehow, they found out about Bermuda. 649 00:25:42,055 --> 00:25:45,931 ♪ ♪ 650 00:25:46,013 --> 00:25:48,097 Look, when you take it all into account, 651 00:25:48,180 --> 00:25:49,722 turning down our series B 652 00:25:49,806 --> 00:25:51,389 and doing an ICO to fund your launch, 653 00:25:51,472 --> 00:25:53,722 may actually give you the best odds. 654 00:25:53,806 --> 00:25:55,597 You said ICOs are suicide. 655 00:25:55,681 --> 00:25:56,806 Well, I'm a VC 656 00:25:56,889 --> 00:25:59,097 and some of that might have been self-preservational. 657 00:25:59,180 --> 00:26:00,472 Okay. 658 00:26:00,555 --> 00:26:02,847 Well, even if you were exaggerating, you're still right. 659 00:26:02,931 --> 00:26:06,472 I mean, Russ Hanneman had 36 chances to make an ICO work 660 00:26:06,555 --> 00:26:07,764 and he basically failed. 661 00:26:07,847 --> 00:26:08,847 I only have one. 662 00:26:08,931 --> 00:26:11,347 Look, Gilfoyle can handle all the technical stuff. 663 00:26:11,430 --> 00:26:12,722 You just need to hire someone 664 00:26:12,806 --> 00:26:13,889 who can handle the business side. 665 00:26:13,972 --> 00:26:15,722 Like who? I don't know. 666 00:26:15,806 --> 00:26:18,472 I'm sorry, but I gotta Uber back to the office 667 00:26:18,555 --> 00:26:19,889 before Laurie realizes I'm gone. 668 00:26:19,972 --> 00:26:21,555 No, no, wait. Who do I hire? 669 00:26:21,639 --> 00:26:23,764 Someone who understands securities, right? 670 00:26:23,847 --> 00:26:24,847 Not necessarily. 671 00:26:24,931 --> 00:26:26,597 I mean, your coin doesn't have to be a security. 672 00:26:26,681 --> 00:26:28,597 You could do a utility token instead, 673 00:26:28,681 --> 00:26:30,430 since you provide an actual unit of compute. 674 00:26:30,514 --> 00:26:32,764 Although, you'd have to convince the SEC. 675 00:26:33,889 --> 00:26:35,472 Damn it. Surge pricing. 676 00:26:35,555 --> 00:26:37,389 Monica. You might not even need to bother 677 00:26:37,472 --> 00:26:39,597 with a moving average pricing strategy when you launch. 678 00:26:39,681 --> 00:26:41,305 But you will need to keep a close eye on 679 00:26:41,389 --> 00:26:42,889 statements from the federal government, 680 00:26:42,972 --> 00:26:43,931 South Korea, and China. 681 00:26:44,013 --> 00:26:45,514 So, whoever you do hire 682 00:26:45,597 --> 00:26:47,180 should definitely know how to do all that. 683 00:26:47,263 --> 00:26:48,180 Okay, six minutes. 684 00:26:48,263 --> 00:26:50,389 Monica. What? 685 00:26:50,472 --> 00:26:51,764 It's you. 686 00:26:51,847 --> 00:26:53,013 You're the right person. 687 00:26:53,097 --> 00:26:54,931 No. 688 00:26:55,013 --> 00:26:56,347 No. No, no, no, no, no. 689 00:26:56,430 --> 00:26:57,931 Come on. Give me one good reason. 690 00:26:59,055 --> 00:27:01,472 I... love my job. 691 00:27:01,555 --> 00:27:02,555 You hate working for Laurie. 692 00:27:02,639 --> 00:27:05,847 With Laurie, okay? We are both equal partners. 693 00:27:05,931 --> 00:27:07,097 Okay. 694 00:27:07,180 --> 00:27:10,305 Look, Monica. I will do the ICO. 695 00:27:10,389 --> 00:27:12,305 But only if you do it with me. 696 00:27:15,639 --> 00:27:16,639 Come on. 697 00:27:17,806 --> 00:27:18,889 Wait, what's happening? 698 00:27:20,013 --> 00:27:21,305 Canceling my Uber. 699 00:27:23,138 --> 00:27:25,180 So, you're in? Fuck it. 700 00:27:25,263 --> 00:27:26,305 I'm in. (laughs) 701 00:27:26,389 --> 00:27:27,389 Fuck series B. 702 00:27:27,472 --> 00:27:29,222 PiedPiperCoin is totally gonna work. 703 00:27:29,305 --> 00:27:31,681 Yes. It is. It totally is. 704 00:27:37,138 --> 00:27:38,389 Dinesh: So, just to confirm, 705 00:27:38,472 --> 00:27:40,347 in order for this coin to be worth 706 00:27:40,430 --> 00:27:42,138 what series B was worth to all of us, 707 00:27:42,222 --> 00:27:43,889 it has to sell for how much? 708 00:27:43,972 --> 00:27:45,847 $68. 709 00:27:45,931 --> 00:27:47,055 Dinesh: I see. 710 00:27:47,138 --> 00:27:50,722 And seven cents is less than that. 711 00:27:50,806 --> 00:27:51,889 Yup. 712 00:27:51,972 --> 00:27:53,847 Whose idea was this again? 713 00:27:53,931 --> 00:27:57,097 I believe the initial idea was Gilfoyle's. 714 00:27:57,180 --> 00:27:58,806 To be fair, it was Monica 715 00:27:58,889 --> 00:28:01,389 who really pushed it over the goal line. 716 00:28:01,472 --> 00:28:04,222 Well, I'm gonna head down to the Tesla dealer 717 00:28:04,305 --> 00:28:06,305 and beg them to take my car back. 718 00:28:07,389 --> 00:28:09,430 Well, that's something. 719 00:28:09,514 --> 00:28:11,180 And my two referrals fell through. 720 00:28:11,263 --> 00:28:12,597 And I had to return mine. 721 00:28:12,681 --> 00:28:15,305 So now the only Tesla in the office is Priyanka's 722 00:28:15,389 --> 00:28:16,889 and I'm paying for that. 723 00:28:16,972 --> 00:28:18,514 So, that's cool. 724 00:28:18,597 --> 00:28:21,263 Richard, adversity is a great teacher. 725 00:28:21,347 --> 00:28:23,180 Just like cigarette burns. 726 00:28:25,972 --> 00:28:28,180 (phone ringing, vibrating) 727 00:28:31,180 --> 00:28:33,055 Laurie, hi. 728 00:28:33,138 --> 00:28:34,055 Laurie: Monica. 729 00:28:34,138 --> 00:28:37,180 Congratulations on the ICO. (scoffs) 730 00:28:37,263 --> 00:28:41,430 Yeah, yeah. Not quite the numbers we were hoping for. 731 00:28:41,514 --> 00:28:43,013 I'm sure you're happy about that. 732 00:28:43,097 --> 00:28:44,597 On the contrary. 733 00:28:44,681 --> 00:28:46,222 Monica, you have certain values. 734 00:28:46,305 --> 00:28:48,722 And I see no reason you should not work with companies that share them. 735 00:28:48,806 --> 00:28:53,305 Similarly, I should work with companies that share my values. 736 00:28:53,389 --> 00:28:54,639 So, no hard feelings? 737 00:28:54,722 --> 00:28:57,472 No feelings at all, Monica. 738 00:28:57,555 --> 00:28:58,681 We are friends 739 00:28:58,764 --> 00:29:01,305 and we should not let business get in the way of that. 740 00:29:01,389 --> 00:29:04,514 Speaking of, I am stepping into a meeting. 741 00:29:04,597 --> 00:29:07,597 Right, well, I'm surprised you're taking this so well, 742 00:29:07,681 --> 00:29:08,972 I really appreciate it, Laurie. 743 00:29:09,055 --> 00:29:10,263 Let us talk soon. 744 00:29:12,972 --> 00:29:16,222 (speaking Chinese) 745 00:29:17,806 --> 00:29:19,639 (speaks Chinese) 746 00:29:19,722 --> 00:29:21,013 Have you received my proposal? 747 00:29:21,097 --> 00:29:23,055 (speaks Chinese) Very promising. 748 00:29:25,097 --> 00:29:28,681 ("Metalstorm" by Cut Chemist) 749 00:29:28,764 --> 00:29:31,347 ♪ In the land of the lost, we lay down law ♪ 750 00:29:31,430 --> 00:29:33,764 ♪ Chopping off your head to take your face on tour ♪ 751 00:29:33,847 --> 00:29:36,347 ♪ Lacerate your lips, then we shave off more ♪ 752 00:29:36,430 --> 00:29:38,514 ♪ Electrocute your body through the encore ♪ 753 00:29:38,597 --> 00:29:40,972 ♪ When the cops come and try to raid the jams ♪ 754 00:29:41,055 --> 00:29:43,347 ♪ I change my physical form to that of a ram ♪ 755 00:29:43,430 --> 00:29:45,430 ♪ Alakazam, I'm half of a man ♪ 756 00:29:45,514 --> 00:29:48,013 ♪ The other part of me operates robotically ♪ 757 00:29:48,097 --> 00:29:50,305 ♪ Psychology is the dominant factor ♪ 758 00:29:50,389 --> 00:29:53,013 ♪ Believe in the holograms and step into the backdoor ♪ 759 00:29:53,097 --> 00:29:54,972 ♪ Out for AM, more mayhem ♪ 760 00:29:55,055 --> 00:29:57,681 ♪ Five fatal steps to death unless we trace them ♪ 761 00:29:57,764 --> 00:29:59,597 ♪ Five: Hesitate to get live ♪ 762 00:29:59,681 --> 00:30:02,222 ♪ Your career's postmortem, now you can't survive ♪ 763 00:30:02,305 --> 00:30:04,180 ♪ Four: Perpetuate the folklore ♪ 764 00:30:04,263 --> 00:30:06,847 ♪ Live a lie, you can't identify yourself no more ♪ 765 00:30:06,931 --> 00:30:08,847 ♪ Three: Call yourself an MC ♪ 766 00:30:08,931 --> 00:30:11,389 ♪ Practice minimally and start fucking with me ♪ 767 00:30:11,472 --> 00:30:14,055 ♪ Or the sorcery to the ultimate degree ♪ 768 00:30:14,138 --> 00:30:16,180 ♪ W-A-R W-M-D ♪ 769 00:30:16,263 --> 00:30:18,430 ♪ C-W-O fall in love with the dough ♪ 770 00:30:18,514 --> 00:30:19,681 ♪ Till your spiritual essence ♪ 771 00:30:19,764 --> 00:30:21,138 ♪ Is something that you don't know about ♪ 772 00:30:21,222 --> 00:30:22,847 ♪ Half the time, they don't rhyme ♪ 773 00:30:22,931 --> 00:30:24,555 ♪ Half the time, they all lying ♪ 774 00:30:24,639 --> 00:30:26,430 ♪ Half the time, they all mine ♪ 775 00:30:26,514 --> 00:30:27,931 ♪ Half the time, they all yours ♪ 776 00:30:28,013 --> 00:30:30,097 ♪ Half the time, we on tour ♪