1. So, as you can see,
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2. since I became CEO,
our user growth, undeniable,
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3. our retention, so sticky,
it's pornographic.
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4. We're lean, we're exploding.
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5. And we're more mission-focused than ever
in providing the best video chat
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6. the world has ever seen.
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7. Wow. Well, this seems
really promising, gentlemen.
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8. Promising, indeed.
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9. - I think if we just...
- "Promising"?
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10. You're a young associate here,
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11. so, I'm gonna help you out, okay?
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12. We have a lot of these meetings set up.
We will be fine.
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13. What he means by that is...
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14. But you, you don't wanna be known around
here as the guy who fucked this up, okay?
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15. So, when you hip your bosses to our numbers
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16. and they get visible hard-ons,
have them move quickly.
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17. Erlich, you're with me.
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18. - It's "hards-on."
- What?
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19. "Hards-on," not "hard-ons."
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20. It's a syntactical error
that I could have remedied
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21. if you'd just given me the space to speak.
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22. Erlich. I'm seeing you Thursday, right?
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23. You better believe it. I can't wait for it.
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24. - For...
- For Jian-Yang's pitch.
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25. His new idea sounds super exciting.
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26. Yes, well, he is white-hot right now, and
that's why I had him reach out directly,
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27. and we can't wait to pitch you the idea
that is gonna be pitched to you.
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28. Great. I'll see you then.
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29. - You have no idea what it is, do you?
- Not a fucking clue.
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30. Always blue! Always blue! Always blue!
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31. Always blue! Always blue!
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32. Always blue. Always blue. Always blue...
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33. - Hey.
- Always...
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34. Richard? Hey.
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35. What's... There you are. What's going on?
You celebrating something?
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36. We were just chanting.
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37. - Why? What, the pitches go well?
- They went fine, you could say.
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38. You said they went awesome.
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39. All right. Thank you, Big Head.
I mean, I did get us a few offers.
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40. We did receive more than a few offers,
as few often refers to "three".
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41. And today, we're four for four.
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42. - Which... I mean, what does that even mean?
- Nothing. Nothing at all.
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43. Look,
you don't have to do this, really.
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44. It was my choice to leave the company,
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45. and besides, my Internet thing is going
great. Really, it's going very well.
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46. So, I want you to succeed,
and I want you guys to be happy.
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47. Sure you do, slugger.
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48. Stop. Really.
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49. - It's cool. I mean that totally honestly.
- Keep it positive.
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50. Um, I should go skype my dad, I think,
and tell him the good news.
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51. Um, it is good news, though, right?
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52. 'Cause we were all sort of,
like, happy and celebrating, but now...
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53. Now, it feels sort of weird...
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54. - Let's go, Big Head.
- Okay.
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55. - It's good?
- Yes.
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56. All right, well, enjoy. Carry on.
Always blue.
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57. - Jared.
- Okay.
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58. - Always blue. Always blue...
- Sorry.
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59. Dinesh, I think
you accidentally disabled my access keys
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60. for the video chat data repository.
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61. No, actually, I deleted them on purpose.
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62. I've purged all our ex-employees'.
Gleb, Sanjay, Elisabet, you...
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63. Gleb? What, you're comparing me to Gleb?
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64. When we agreed to split the company,
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65. we said that you could take
the algorithm for your video chat,
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66. and I could use
the data flowing through the system
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67. to optimize the algorithm for my thing.
We had a deal.
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68. We had an agreement, not
technically a deal.
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69. What the fuck, Dinesh?
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70. Play, play. Blue, blue.
Always blue, always blue.
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71. Have fun, you're having a party.
You got pizza and everything.
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72. Always blue...
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73. So, what, I should've got it
in writing, Dinesh? Is that it?
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74. You wanna lawyer-up now?
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75. You know, we're just some guys in a house.
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76. But I don't wanna be
just guys in a house, Richard.
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77. That's the whole point.
I want PiperChat to be a real company.
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78. And after all the bullshit we went through,
no offense,
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79. I finally got some real financing
lined up for us.
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80. I cannot have another
Intersite on my hands.
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81. That was fucking Russ
and his shitty tequila.
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82. You know that, man. You were there.
That wasn't me.
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83. Richard, it happened on your watch.
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84. I'm sorry. I really am.
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85. But the answer is no.
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86. Okay. Well, suck a dick.
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87. I'm sorry. What did you say?
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88. - Nice blazer.
- Thank you.
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89. - Where'd you get it?
- Does it matter?
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90. I just wanna know where I can get one,
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91. so I can look like a
total fucking douchebag.
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92. Wow, right?
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93. Unbelievable.
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94. Gents, why don't we take
this party outside?
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95. Yes. We live in California,
we should take advantage of it.
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96. Gavin, you told me to interrupt
if Jack Barker came to see you. I'm sorry.
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97. Yes. Send him in. I thought Barker
would crack after one day in that basement.
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98. The fact that it's taken him two weeks
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99. to fess up about hijacking my fucking plane
and resign,
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100. will make it all the sweeter.
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101. Hiya, Skipper. Sorry to barge in.
I owe you an apology.
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102. Really? Whatever for?
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103. When you stuck me in that basement,
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104. I was like,
"Jack, what the hell did you do wrong?"
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105. And I'm sorry that it took me so long
to get it through my thick skull.
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106. I finally figured out
what this was all about.
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107. Well, I'm glad to hear it.
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108. You are doing exactly
what Bobby Iger does over at Disney.
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109. What?
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110. He makes every manager spend
one day of the year in the Goofy suit.
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111. Because sometimes,
you just gotta be at product level
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112. to be able to see the best path forward.
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113. And once I realized that, it was like,
ka-pow! "It was so obvious."
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114. It's the algorithm.
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115. Pied Piper put middle-out in their vid
chat, and it's amazing now. I know.
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116. I'm on that all the time with my grandkids.
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117. We could use middle-out
to revamp our entire suite of products.
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118. We can make billions, Chief.
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119. I'm whipping up some proposals right now
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120. that are gonna knock that wig
right off your head.
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121. Yeah.
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122. What the fuck is he up to?
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123. Look like a fucking wig to you?
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124. The point is, Jian-Yang,
you don't set pitches.
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125. I handle the scheduling,
that's the symbiosis of our relationship.
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126. - No.
- What do you mean, "No?"
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127. No.
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128. Jian-Yang, PiperChat has
some real heat, okay?
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129. And we can draft off of that,
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130. but it has to be
a carefully choreographed dance.
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131. You can't just wiggle your little tush
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132. and expect every VC in the Valley
to get hards-on.
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133. I am your lead investor,
you will respect me as such.
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134. I do not respect you.
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135. You're not any kind of investor.
You own nothing.
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136. I own 10%. You live in my incubator.
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137. - No, you evict me, I evict your 10%.
- What are you talking about?
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138. "Santa Clara Sheriff's Department.
Vacate or be forcibly removed."
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139. To be fair, Jian-Yang, I filed this when I had
no expectation that the system would work.
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140. - Okay.
- Jian-Yang, just tell me...
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141. Can you just tell me what the idea is,
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142. so I can gauge
how aggressively I should pursue it?
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143. Hey, Jared, you were there, right?
When we split the company into two,
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144. - Dinesh and I had a very...
- No, no. Stop, stop. Please stop, Richard.
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145. - What?
- What are you doing?
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146. What do you mean?
I'm complaining about Dinesh. He sucks.
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147. - He's my boss now, Richard.
- Well, your boss is being a real prick.
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148. Richard, we have to
bifurcate our relationship.
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149. You and I can no longer discuss business.
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150. All right? We can talk about anything else
two guys might talk about.
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151. We can talk about
sports teams and their scores, or pussy.
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152. But you and I cannot,
and will not discuss business.
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153. Hey, man. For what it's worth, I thought
it was super fucked up, what Dinesh did.
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154. I know what it's like to be the one guy
not in the company, you know?
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155. So,
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156. if you want my login, it's all yours.
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157. Really?
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158. - Yeah, man.
- Thanks.
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159. You know, I shouldn't do this.
Dinesh said no.
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160. - And also, these are Skyrim cheat codes.
- Oh, shit. Yeah.
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161. My Bloomberg interview is on!
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162. "How did I come up with PiperChat?"
That's a very good question.
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163. I guess the tech gods
were just speaking through me.
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164. Somehow, I knew to take
the best parts of the service
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165. as substandard and crappy as HooliChat,
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166. and make it...
How do I put this?
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167. Incredible.
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168. Do you think
I have too much product on my hair?
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169. Nope. I think you should use more.
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170. Wait, are you saying that
because you think I look ridiculous
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171. and you want me to look
more ridiculous next time?
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172. Which answer will get
more of that stuff in your hair?
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173. Wait, wait, wait, watch this.
This is where I make Emily Chang laugh.
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174. Quite a turnaround for a company
that wasn't exactly soaring.
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175. Oh, it was soaring, Emily.
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176. Right into a clogged toilet.
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177. And not just like a
standard clogged toilet.
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178. Like, I don't need a plunger,
I need a shovel and a bucket.
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179. But enough about the previous leadership,
which was inept, lame, bitter...
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180. Fuck it. We had a deal.
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181. Thanks.
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182. That's weird.
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183. Hey, Richard. Have you seen the new
Sports Illustrated Swimsuit Edition?
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184. The cover model has the most lovely,
enigmatic facial expression.
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185. Jared, I don't really wanna
talk about guy talk.
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186. I'm here to tell you that I think
Dinesh may be in some serious trouble.
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187. Okay, so, I was analyzing a
bunch of user data, and I...
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188. No, no, no. Richard, Richard.
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189. I told you, I can't talk about this.
You have to bifurcate.
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190. No, Jared, listen,
you're gonna wanna hear this...
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191. Wait. What do you mean
you were looking at user data?
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192. You violated our system?
Richard, you were inside us?
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193. Don't tell Dinesh,
and don't tell any of the other guys, okay?
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194. "Don't tell Dinesh?"
Richard, Dinesh is my CEO.
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195. - Oh, God.
- What are you doing to me?
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196. - Did I make you angry?
- No.
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197. I'm trying to save his ass, okay?
I'm trying to save you.
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198. Just survey the users.
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199. And make sure you ask
how old they are, okay?
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200. And then, that's it. That's it. That's it.
No more.
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201. Stupid fucking Jian-Yang and his shitty
app. I don't even know if it is shitty.
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202. You know, I could probably
find out about Jian-Yang's app.
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203. He asked if he could
practice-pitch it to me.
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204. - Do you have any nines?
- Go fish.
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205. Wait, this could be great.
What time are you guys doing that?
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206. I could listen in.
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207. I don't know. He asked if he could
pitch me, and I said, "Sure,"
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208. and then he just kept talking for a while.
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209. You don't think
that could have been the pitch, do you?
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210. - God damn it, what did he say?
- Jeez, I kind of zoned out.
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211. Shit. Fives?
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212. Uh, go fish. Wait.
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213. I don't know if this would be relevant,
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214. but he did say the word "Oculus"
a whole bunch.
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215. - Wait. "Oculus"?
- Mmm-hmm.
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216. Oh, my God. It's a VR play.
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217. That's the frothiest space
in the Valley right now.
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218. Nobody understands it,
but everybody wants in.
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219. Any idiot can walk into a fucking room,
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220. utter the letters "V" and "R,"
and VCs will hurl bricks of cash at them.
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221. Then, by the time they find out
that it's vaporware, it's too late.
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222. I have got to get in on this.
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223. Trust me. Just give me five minutes.
There he is.
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224. Wait, is that our lawyer?
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225. Hey!
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226. I thought he was in jail.
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227. Hey. Perfect timing.
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228. I just completed the detailing on this Kia.
Come on.
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229. What the fuck is going on?
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230. Wait, I don't understand.
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231. How did Richard have access
to our user data?
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232. Someone must have let him in. It was you.
You're a fucking rat, Jared.
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233. Richard entered us without consent.
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234. In spite of that,
he has raised a real issue here.
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235. Fuck this. I'm gonna Uber home.
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236. Mr. Monahan, good luck
with this whole work release situation,
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237. but I have more important things to do.
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238. Mr. Chugtai.
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239. It appears that 33% of your users
are under the age of 13.
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240. It's also apparent that you have no
parental permission requirements in place.
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241. You're going to want to sit down for this.
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242. - Are you familiar with COPPA?
- Who?
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243. It's the Children's Online
Privacy and Protection Act.
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244. This act establishes strict guidelines
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245. to protect the privacy
of younger children on the Internet.
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246. You are in gross violation of this act.
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247. You know how kids can't have a YouTube
or Facebook account till they're 13?
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248. It's because of this.
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249. Yes, but our users are chatting
with each other, Jared, not some old creep.
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250. - No offense.
- None taken.
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251. My shame will linger
even after my voting rights are restored.
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252. Now, are there records
of these chats on your server?
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253. Yeah, we store everything.
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254. What... Okay, what's going on?
How serious is this?
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255. Each violation of COPPA
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256. carries a penalty of $16,000.
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257. So, we're fined $16,000? Oh, no.
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258. I hope they take cash.
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259. $16,000 per user.
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260. Not only each user, each use.
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261. Fifty-one thousand estimated underage users
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262. times an average 25.6
chat sessions per user
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263. times $16,000...
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264. $21 billion?
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265. I mean, how is that even fucking possible?
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266. I mean, I knew Dinesh was going
to fuck this all up, but honestly,
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267. this couldn't get any better.
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268. What's with his shirt?
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269. He sort of became ill on himself.
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270. I was wrong. This just got better.
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271. This is all your fault, Richard.
This was your company before it was mine.
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272. What are you talking about?
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273. Dinesh, I specifically reminded you
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274. to port over the terms of service
from the platform.
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275. Right. And I asked if you'd done it,
and you said you had.
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276. Okay.
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277. I checked the TOS box
when we submitted it to the App Store,
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278. but then I didn't end
up doing it, all right?
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279. And then when we caught fire,
the last thing I wanted to do
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280. was to bog our users down
with legal bullshit, you know?
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281. I mean, nobody reads that stuff, anyway.
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282. Well, first of all,
everyone reads the terms of service,
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283. and secondly, they would have given us
legal cover from exactly this.
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284. Every sound is $16,000.
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285. - Fuck!
- All right, all right. Don't think about that.
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286. Just think about how to solve
this massive, massive problem.
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287. Quickly. Quick as you can.
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288. Jared, just...
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289. Wait. We could shut down.
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290. No, no, no. Not when we're this close
to signing a term sheet.
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291. And in case all of you
gents have forgotten,
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292. I'm on the hook for half a million Clambos
for this thing.
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293. Well, we can't stay online!
We're just racking up more fines!
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294. Well, technically, this is a corporation.
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295. So, whatever they fine you,
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296. they'll really only be able to collect
what the company is worth,
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297. which, at this point,
is, basically, nothing.
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298. That's right. I'm just the CEO.
I'm not personally liable.
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299. Although...
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300. Although what?
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301. Well, when you lied to me
about adding terms of service,
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302. it could be argued, you violated
your fiduciary duty to the company,
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303. rendering you personally liable.
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304. I mean, if the FTC brought us to trial, I
could be compelled to testify against you.
Copy !req
305. Jared, I trusted you.
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306. Oh, trust has nothing to do with it,
but thanks for making that official.
Copy !req
307. So, I could be personally liable
for $21 billion?
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308. Yeah, most likely.
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309. I know in the fable, Pied Piper led
all the children into darkness,
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310. but now, we're doing it.
So, what do you wanna do?
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311. I'm gonna throw up again.
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312. I'm gonna watch this.
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313. I want full surveillance
on Jack Barker 24/7.
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314. I don't recommend
using conventional listening devices.
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315. He may sweep for those.
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316. I do have a colleague at Facebook
that has a laser microphone,
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317. you can point it at an office window
from a mile away
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318. and read the sound vibrations.
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319. I like it.
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320. Hoover, you're the only person I can trust
at this goddamn company.
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321. - It's good to have a friend.
- I understand that, sir.
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322. Ah, Gavin, there you are.
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323. Well, I don't want to interrupt
your talking with Hoover
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324. and talking and talking about things.
Copy !req
325. - But I have some concrete news.
- Regarding?
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326. Jack Barker.
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327. By foregoing western gadgetry,
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328. simply stationing myself
in the hall outside of his office,
Copy !req
329. I was able to overhear him
speaking of his plans to move against you.
Copy !req
330. He even referred to you as "Gavin Smelson."
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331. I knew it.
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332. Good work, Denpok. Good work.
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333. Let's go slice this bastard in half, yeah?
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334. Hold on. We need proof.
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335. Otherwise, he'll just deny it, and it'll
just be a case of "he said, she said."
Copy !req
336. Good point. Denpok, who was he talking to?
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337. Um...
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338. Alas, I could not see this
from my hidden vantage point.
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339. I'll check the logs
and see who was in his office.
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340. No, because...
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341. No one was there.
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342. I'm confused. Was he on the phone?
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343. Yes. Very perceptive.
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344. - Easy, I'll just pull up his phone records...
- No.
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345. Not the "phone" phone.
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346. So, what was he doing?
Was he video chatting?
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347. That's what it was, chela.
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348. - Even better, I'll pull up the chat data.
- You can do that?
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349. Well, as long as he was on HooliChat.
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350. But the bastard kept grinding in my face
how much he loved PiperChat.
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351. - What if he was using...
- PiperChat!
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352. - Yes.
- Fuck!
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353. He said the resolution was
so vivid and superior to HooliChat.
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354. Ah. Sadly, now,
we'll never know the identity of the person
Copy !req
355. with whom he was definitely talking.
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356. - Unless...
- Unless what?
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357. Dinesh?
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358. Hey, man. How's it going?
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359. Bad.
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360. Well, look. I've been there, man.
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361. - No, you haven't.
- I have.
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362. One time when we were
pitching at Ross Loma,
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363. I threw up in my pants.
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364. Don't you mean "on"?
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365. Nope.
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366. No, I mean "in."
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367. We were pitching, and, well,
things weren't really going well.
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368. I was getting nervous,
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369. and, I don't know, I think
I must've eaten something bad that day.
Copy !req
370. Anyway, my stomach was upside down,
so I made a beeline to the stall.
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371. But then I pulled down my pants, sat down,
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372. but instead of shit, I
threw up into my pants.
Copy !req
373. Well, I was CEO for 11 days.
Copy !req
374. And in that time, I violated the
rights of 50,000 little girls,
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375. exposed them to sexual predators,
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376. and racked up fines
the size of a small nation's GDP.
Copy !req
377. Yeah. I threw up in my pants.
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378. Fuck.
Copy !req
379. What do I do, Richard?
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380. There are no right answers.
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381. You know, when I was CEO,
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382. I found that it was more about choosing the
one wrong answer that you can live with.
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383. I really loved that video chat.
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384. Hello?
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385. This is he.
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386. What?
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387. It's Gavin Belson.
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388. It's Gavin fucking Belson!
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389. Hey. Gavin Belson. What's up?
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390. Oh, my God, we're crushing it.
All the time.
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391. I'm in a bathtub.
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392. Yeah!
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393. Of course. I'd love to.
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394. Bye.
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395. He wants to meet me at Josephina's tonight.
Did I say yes?
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396. Holy shit.
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397. Gavin Belson wants to acquire PiperChat.
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398. He made the same call to me back when
he wanted to make an offer for Pied Piper.
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399. He could take this entire shit-bomb
off Dinesh's hands?
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400. Where's the fun in that?
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401. More importantly, I could get
all my money back. Maybe even more.
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402. We could 10X this motherfucker, gents.
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403. - Although...
- Although what?
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404. Well, I'm sorry to play the Cassandra again,
but Dinesh can't sell Gavin the company.
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405. - Why not?
- Why the fuck not?
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406. It's due diligence.
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407. Gavin doesn't trust anyone.
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408. When I worked for him,
he tried to microchip me.
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409. Before he finalized any acquisition,
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410. his legal team would uncover
our malfeasance.
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411. They'd sniff out the
user issue immediately.
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412. And they'd probably turn you in.
And you do not want that.
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413. I mean, there's also the moral quandary.
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414. Even if he could get away with it,
could Dinesh really sell the company
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415. knowing it's basically a sizzler buffet
for the sexually deranged?
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416. Of course he could.
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417. Because even if there is
a 1% chance of success
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418. and a 99% chance of failure, and prison,
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419. he will do the right thing
and get me my money back.
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420. I'm sorry, Erlich. I've made my decision.
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421. I'm gonna say no to Gavin Belson,
shut it down, and just see what happens.
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422. What the fuck? Huh?
What the fuck?
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423. Jian-Yang!
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424. Hey, Gavin. Well...
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425. Dinesh. Thanks for coming.
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426. Listen, Gavin. I've thought about it, and
if this is about you buying PiperChat...
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427. I didn't come here today
to buy your company.
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428. You didn't?
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429. No. I came to take it.
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430. I thought I'd have to buy you out,
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431. and I wanted to know
what kind of CEO I'd be dealing with,
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432. so, I had my comms people pull your press.
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433. Like this interview you did with TechCrunch,
where you describe PiperChat as, and I quote,
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434. "Exactly like HooliChat,
but without the suck-ass parts," end quote.
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435. Or the one you did with Emily Chang
where you told her how you took
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436. "the best parts of HooliChat
and made them less crappy."
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437. I was about to throw you
a massive acquisition deal.
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438. And then I realized you'd already
publicly admitted to stealing my IP.
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439. I hope you have a good lawyer.
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440. - He works at the car wash down the street.
- What?
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441. Look, Gavin, you do not wanna do this.
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442. - I can't explain exactly why...
- Shut up.
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443. This is not a negotiation.
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444. If you fight me, I will win, and I will
fuck you in the tech business forever.
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445. No one will hire you. I'm taking PiperChat.
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446. By 8:00 a.m. tomorrow,
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447. you will hand over to Hooli
all your data and systems.
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448. All your users
will be converted to HooliChat users.
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449. It will be like PiperChat never existed.
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450. And what you get out of it
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451. is the chance to walk away
and try and get another job in this town.
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452. You have five seconds to decide.
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453. - Five, four...
- Okay.
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454. So, we're in agreement.
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455. For a 10% stake in your current venture,
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456. you will receive full pool privileges,
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457. more room in the crisper,
and you may live in my home for...
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458. - For free.
- For free for six months.
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459. Fuck you. One year.
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460. Fuck! Fine. Fine. It's a deal.
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461. Deal.
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462. Jian, I mean,
your onerous terms notwithstanding,
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463. I'm very excited to be a
part of your VR play.
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464. - "VR"?
- VR, virtual reality.
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465. - Who's doing VR?
- You are.
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466. That's what Big Head said.
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467. - This play has to do with the Oculus, right?
- No.
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468. But he said that you said "Oculus."
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469. He said you kept saying it,
"Oculus, Oculus, Oculus."
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470. Octopus.
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471. No.
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472. No.
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473. Octopus?
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474. - It's a water animal.
- I...
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475. I know what an octopus is. Just...
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476. What does your application
have to do with octopus?
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477. Eight different ways
to make a Chinese recipe octopus.
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478. So, I just traded one year of free rent,
full pool privileges,
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479. and more room in the crisper
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480. for an application that is just
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481. eight recipes for octopus? Hmm?
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482. Yes.
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483. Hey, guys. They're ready.
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484. Ooh. Ooh.
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485. What the fuck is this?
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486. I went through every chat in his history.
They're all the same.
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487. Perhaps it was another chat format.
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488. Could you acquire Skype or FaceTime
and check them as well?
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489. What?
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490. Gavin? I'm sorry...
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491. I need to talk to you about
this PiperChat acquisition.
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492. I put together a panel of the most active
users you ported over from PiperChat.
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493. Bear in mind, this group is representative
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494. in terms of gender, race,
and most importantly, age.
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495. Now, who else thinks changing to
a HooliChat login is hella lame?
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496. Madison, Allison, Jennifer, Stephanie,
Quinn, Ingrid,
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497. Kaylie, Ava, Sarah...
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498. Oh, no.
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499. Janelle, Carl.
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500. Now, Carl, you said the new sign-in page
made you nervous.
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501. Did anyone else feel nervous?
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502. Fuck!
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