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Speaker 1: Get in test with technology with tex Stuff from half

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Speaker 1: stuff works dot com. Hey there, everyone, and welcome to

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Speaker 1: tech Stuff. I'm Jonathan Strickland and I'm Lauren Bob and

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Speaker 1: you are rejoining us in the middle of our discussion

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Speaker 1: of the top ten tech companies to work for in

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Speaker 1: two according to Business Insiders. Yes. This was an article

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Speaker 1: that Business Insider published in the summer, often based on

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Speaker 1: a bunch of reviews from both twenty thirteen and the

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Speaker 1: tail end of twelve um. It was written by one

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Speaker 1: Megan Rose of Dickey and Um using statistics from Glassdoor

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Speaker 1: dot com YEP, which was that job search site we

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Speaker 1: talked about earlier. Let's employees leave comments about the company

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Speaker 1: they work for so that prospective employees can get an

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Speaker 1: idea of what it's like to be there before they

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Speaker 1: send it an application. Right. The ranks are on a

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Speaker 1: one to five, with one being the lowest and five

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Speaker 1: being the highest, and there's pretty stiff competition in this year.

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Speaker 1: The lowest ranked in our top ten orbits was a

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Speaker 1: four point one on that scale, and the highest drank

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Speaker 1: on our on our top on on that first one

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Speaker 1: was a four point three. So the four point one

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Speaker 1: to four point three range. That shows you that we

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Speaker 1: we're talking serious competition. So the company that comes in

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Speaker 1: at number five is one that it's a fairly obscure

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Speaker 1: little company that maybe one or two of you have

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Speaker 1: heard about. Yeah, I mean, we had to do a

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Speaker 1: lot of research on some of these because we just

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Speaker 1: had never even heard the name before. The hardest part

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Speaker 1: about doing research on this one is it just kept

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Speaker 1: making me go to this one's thing. We're talking about Google. Yah. Yeah,

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Speaker 1: so every time I wanted to research Google, I just

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Speaker 1: got a search engine about Google. It's just I don't know, man,

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Speaker 1: it's like recursive or something. No. Obviously Google, we all

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Speaker 1: are familiar with it. But it's interesting because it's one

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Speaker 1: of the few major, huge, enormous companies that consumers are

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Speaker 1: aware of that made this top ten list. Yeah. There,

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Speaker 1: there's not the only one. But you know, a lot

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Speaker 1: of the other ones we've talked about are these enterprise

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Speaker 1: based companies that are you know, their customers are other companies. Uh.

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Speaker 1: And Google technically is as well, but it's also obviously

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Speaker 1: a search engine company. It's also a an ad company.

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Speaker 1: That's where they get their revenue, more and more an

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Speaker 1: ad company than a search Engine company. They do have

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Speaker 1: a lot of products. I mean, obviously they do uh

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Speaker 1: YouTube and email and yep, they've got and then they've

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Speaker 1: got some interests that are outside of you know, the

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Speaker 1: web as well, like those weird Google X projects, the

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Speaker 1: Loon project that we talked about recently, automated cars. They've

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Speaker 1: got their Google X stuff that's also designed to be philanthropic, um,

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Speaker 1: you know, and obviously smartphones and things of that nature.

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Speaker 1: A lot of the stuff they have Chromebook, yeah, Chrome

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Speaker 1: cast Um. I own most of these things. Google Glass

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Speaker 1: got one of those. Um, don't have an automated car yet.

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Speaker 1: They don't seem to be willing to let me have one.

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Speaker 1: They haven't called you about that yet. No, I would

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Speaker 1: love it. Strange I'm sure. I'm sure your call got

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Speaker 1: lost in the mail. Yeah, well, I'm I'm I keep on. Hey, hey,

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Speaker 1: Sarah Gay, give me a call. So. Um, that would

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Speaker 1: be Saragay Sarah Gay Brand, who was the co founder

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Speaker 1: of the company along with Larry Page. Yep, yep. The

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Speaker 1: company's headquarters is in Mountain View, California. Now you may

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Speaker 1: remember that of course Page and Brand they went to

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Speaker 1: college together and at first kind of had a little

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Speaker 1: bit of a contentious relationship, kind of thought that each

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Speaker 1: one thought the other one was a jerk face. I mean,

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Speaker 1: I'm putting words into their mouths. I'm just reading between

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Speaker 1: the lines based upon all the information I've ever read

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Speaker 1: about the biographies. But eventually they began to work together

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Speaker 1: and thus was Google born, and um, yeah, you know

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Speaker 1: it's a it's seen some success a little bit um

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Speaker 1: after it's I p O in two thousand four. Um,

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Speaker 1: what's the stock price as of this? Were recording on

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Speaker 1: December way and so in the middle of the day

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Speaker 1: on December five, I looked at the stock price and

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Speaker 1: it was at one thousand and fifty five dollars and

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Speaker 1: nine sins per share. Not bad, No, not when you

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Speaker 1: were looking at like a share price that started in

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Speaker 1: the seventy dollar range and now is over a thousand

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Speaker 1: dollars per share. I mean it's it's they're doing okay. Yeah,

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Speaker 1: part part of the reasons they're doing so okay. So

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Speaker 1: so the company rating according to glass Door is four

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Speaker 1: point three on that five point scale, and their CEO

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Speaker 1: approval rating of Larry Pages on Page again being a

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Speaker 1: co founder. Remember before Page the CEO was Eric Schmidt.

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Speaker 1: Who had, so there was some controversy about some of

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Speaker 1: the things he did and his He was very much

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Speaker 1: business oriented and Paige and Brenner considered more engineering oriented.

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Speaker 1: In fact, there was a lot of questions about whether

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Speaker 1: or not Paige would be able to handle the role

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Speaker 1: of CEO effectively. Not that he didn't care about the company,

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Speaker 1: but rather that did he have the skill set necessary. Clear, really,

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Speaker 1: the company is doing very well. Yes, so I don't

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Speaker 1: think we have to shed any tears. But why why

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Speaker 1: did the company rates so high on this list? What

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Speaker 1: is it that the employees like about Google? Well, like

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Speaker 1: we talked about with the assass Institute in our first

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Speaker 1: part of this episode of this two parter um, Google

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Speaker 1: is is probably the industry leader in that workspace as

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Speaker 1: life space kind of concept. Yeah. The Google Plex, their

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Speaker 1: headquarters in Mountain View, is famous for some of the

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Speaker 1: amenities that are on campus. They make it really difficult

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Speaker 1: to not make Google working for Google your life. Yeah,

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Speaker 1: and and I think I think that that's very much.

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Speaker 1: I mean, you know, it's it's it's a little bit

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Speaker 1: further out, it's in the suburb. A lot of people

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Speaker 1: are commuting out there, so they eat all their meals

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Speaker 1: on campus because they are free. UM. And and you

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Speaker 1: know all kinds of work in place space and and

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Speaker 1: life space exists there. Yeah, it's you know, it benefits

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Speaker 1: Google because it keeps people at the the head quarters

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Speaker 1: more frequently, which means they're doing more work. It benefits

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Speaker 1: the employees who are getting some amazing experience and they're

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Speaker 1: working with some of the most intelligent people in that

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Speaker 1: field on a variety of projects. And if you are,

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Speaker 1: you know, taking advantage of the twenty percent time one

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Speaker 1: day all the week, you're working on something super awesome

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Speaker 1: that may or may not ever see the light of day.

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Speaker 1: But it's definitely going to stretch you as an employee. Absolutely, um.

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Speaker 1: But you know, kind of an exchange for that, you

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Speaker 1: have to work really hard. It's one of those those

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Speaker 1: if you like it, keep up kind of things, right. Yeah,

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Speaker 1: it's one of those, uh, you know, it reminds me

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Speaker 1: of a way in a way of a college here

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Speaker 1: in Atlanta, Georgia Tech. UM. I have a lot of

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Speaker 1: friends who went to Georgia Tech. Despite the fact that

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Speaker 1: they went to Georgia Tech, they remain my friends. I

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Speaker 1: of course, I'm a graduate of the University of Georgia

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Speaker 1: and bulldogs hate the jackets. But apart from that, the

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Speaker 1: phrase I always hear is that it's it's not that

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Speaker 1: hard to get in, but it's really hard to stay

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Speaker 1: in because you know, you have to have a certain

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Speaker 1: level to get in, and they assume that if you

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Speaker 1: meet that level, that you are able to do everything

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Speaker 1: that is required of you, and if you're not, then

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Speaker 1: that's a problem. So it's another one of those great power,

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Speaker 1: great responsibility issues. Um. And you know, if you're able

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Speaker 1: to to keep up with it, then you could have

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Speaker 1: a really good career there according to most employees. Yeah, um.

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Speaker 1: And and employees are are liking it more even than

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Speaker 1: they did last year. They they were only four point

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Speaker 1: percent last year and pages up three percent in approval. Yeah,

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Speaker 1: four point oh points right, sorry, excellent, thank you a

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Speaker 1: mejoric rise. Yeah, they scored four point oh and now

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Speaker 1: they're up to four point three um and other news.

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Speaker 1: Recent news, in September, Google launched a spin off company

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Speaker 1: called Calico that's going to focus on health and well being,

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Speaker 1: specifically on on on topics that relate to disease and age.

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Speaker 1: Is UM like aging the actual like finding ways to

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Speaker 1: help people deal with that, and who knows with Google,

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Speaker 1: maybe reverse it. Who you never know, right, like maybe

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Speaker 1: people who have Android phones just live longer. I'm iPhone people.

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Speaker 1: I wouldn't put it past him. And also I'm watching

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Speaker 1: and yeah, and the company also has plans for a

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Speaker 1: new office in London. Yeah, yeah, yeah office uh a

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Speaker 1: k A monolith. It's supposed to be one million square

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Speaker 1: feet in size, which is about ninety three thousand square meters.

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Speaker 1: According to what I read, it will be one of

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Speaker 1: the if not the largest, uh workspace acquisition of a

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Speaker 1: company in the city of London. I don't know if

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Speaker 1: you know this, Lauren, but real estate in London's a

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Speaker 1: little dear. Yeah. However, if anyone can afford to do

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Speaker 1: that kind of thing, it's Google. Yeah. No, Google definitely

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Speaker 1: has the cash. So anyway, Yeah, that's one that we're

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Speaker 1: all familiar with. The next one on the list is

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Speaker 1: one that I'm sure some of our listeners are familiar with.

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Speaker 1: Even though and I'm familiar with their product, I did

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Speaker 1: not know that they were the company that made it though. Yeah,

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Speaker 1: and it's very much smaller. It only has about a

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Speaker 1: thousand employees worldwide. We are talking about Riot Games yea,

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Speaker 1: and they came up with a specific computer game called

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Speaker 1: the League of Legends, which I have played. I have

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Speaker 1: it on my computer at home. I have not actually,

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Speaker 1: but um, but it's a it's a multiplayer battle arena. Yeah,

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Speaker 1: multiplayer online battle arena game, also known as a mobile was.

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Speaker 1: I was glad to finally see that spelled out because

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Speaker 1: I've heard people say mobile and I didn't know what

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Speaker 1: they meant. I listened to other podcasts and they're like, oh,

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Speaker 1: it's a great mobile Like I don't know what that

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Speaker 1: is and find and I always would forget to search

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Speaker 1: for it by the time I would, you know, get

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Speaker 1: to some place where I was able to search. So,

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Speaker 1: multiplayer online battle arena game. There are a lot of

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Speaker 1: different versions of this, but League of Legends is a

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Speaker 1: big one. In fact, it's probably the most popular video

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Speaker 1: game in the world. Supposedly has around thirty two million

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Speaker 1: players logging in every month, making it the most popular one.

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Speaker 1: So I'm not not shabby for something that was released

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Speaker 1: in two thousand nine. Yeah. Yeah, this is something that

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Speaker 1: went into development in two thousand and six was released

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Speaker 1: in two thousand nine. Really, I was not aware of

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Speaker 1: this game until maybe late last year early this year.

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Speaker 1: So I was amazed they had been around that long

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Speaker 1: and it just was one of those things that was

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Speaker 1: gaining traction. Uh. They it is a free to play game,

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Speaker 1: so the way they generate revenue is through micro transactions,

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Speaker 1: and um, apparently they do it in such a way

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Speaker 1: where people don't feel like that's a bad thing. Yeah, yeah,

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Speaker 1: but I mean it's a really tricky thing to have

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Speaker 1: the micro transaction model work for you where gamers don't

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Speaker 1: feel like they are being taken advantage of. It's a

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Speaker 1: delicate but apparently they do it pretty well. I know

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Speaker 1: that their fans are rapid fans, you know, like that

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Speaker 1: there are entire channels online that are dedicated to showing

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Speaker 1: League of Legends games where players who are highly ranked,

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Speaker 1: like people who are are just known for being some

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Speaker 1: of the best players in the game, go up against

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Speaker 1: each other. In fact, they're even professional League of Legends players.

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Speaker 1: We'll talk about that in a second. Um. Before we

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Speaker 1: get into that, though, let's talk a little bit about,

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Speaker 1: you know, how the company is viewed. Well, okay, so

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Speaker 1: so the company calls calls itself a meritocracy that foster's

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Speaker 1: teams on the prefers action parentheses, kicking ass over process

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Speaker 1: and bureaucracy parentheses, taking names. I mean, it's it's a

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Speaker 1: company of gamers. Everyone who works their games. They are

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Speaker 1: given three d bucks to spend on games, to increase

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Speaker 1: their gaming skills and learn what else is going on

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Speaker 1: in the industry. Um, they have you know, giant show

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Speaker 1: and tell presentations with beer. And are they showing the

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Speaker 1: beer and talking about it or or its show and

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Speaker 1: tell presentation and beer is also provided yes, um, and uh,

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Speaker 1: I mean, and and all of the kind of goofy parks,

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Speaker 1: the snacks they've got like weekly massus visits. Um, they

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Speaker 1: sponsored hackathon. I love that they have hackathons where it's

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Speaker 1: just like, all right, guys, you know, I know you've

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Speaker 1: got got crazy programming skills. We're just gonna do a

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Speaker 1: marathon session of hacking and see what people can come

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Speaker 1: up with within a given amount of time. That's always

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Speaker 1: if even Chris never did an episode on that, we

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Speaker 1: should totally do. Yeah. There's also there's one we can

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Speaker 1: talk about with sid Meyer that was pretty cool. Yeah.

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Speaker 1: I remember watching that video. Um yeah neat um, but yeah,

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Speaker 1: I mean, it seems like a really loud really crowded

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Speaker 1: kind of culture that places a huge amount of emphasis

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Speaker 1: on playfulness and extremely hard work at the same time.

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Speaker 1: So their their company rating on this particular surveyans of

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Speaker 1: being four point four four point four you and their

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Speaker 1: CEO approval rating of Mr Brandon Beck is on yep,

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Speaker 1: Mr Beck, he's one of the co founders of the company.

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Speaker 1: H Now, what's interesting to me is this is a

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Speaker 1: company that has only one game so far. League of

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Speaker 1: Legends is the only game that they have produced since

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Speaker 1: they started. However, it is evolving and it's and it's

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Speaker 1: obviously hugely successful, so it's not like they've been resting

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Speaker 1: on their laurels ever since they've launched it in two

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Speaker 1: thousand nine. But it's, um, it's interesting to me because

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Speaker 1: I wonder when we'll see or if we'll see another

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Speaker 1: game come out. It could be that they nurture this one.

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Speaker 1: Mostly they've got one in development. Okay. Uh. They have

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Speaker 1: what on their website what they call the Riot Manifesto,

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Speaker 1: which sounds terrifying but actually actually a pretty uplifting kind

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Speaker 1: of list of of of things that they hold important,

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Speaker 1: which includes player experience first. So in other words, everything

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Speaker 1: they do needs to be done with the player experience

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Speaker 1: in mind. They want to challenge convention, so just because

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Speaker 1: something has always been done a certain way doesn't mean

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Speaker 1: that that's the best way to do it. They want

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Speaker 1: to focus on talent and teams. They want to take

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Speaker 1: play seriously, which I love. This is kind of the

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Speaker 1: oxymoron type thing, and stay hungry, stay humble, Like, yeah,

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Speaker 1: we've got the most popular game in the world, but

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Speaker 1: you can't keep it together. Yeah you can't just sit

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Speaker 1: there and you know, strut around and say that, because

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Speaker 1: that's not necessarily always going to be the case. And

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Speaker 1: you've got to make sure that you are always is working,

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Speaker 1: you know, to get that next level or else people

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Speaker 1: forget about you. Their their standards are so high that

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Speaker 1: supposedly there's a really high employee turnover and you know,

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Speaker 1: just just some people aren't cut out for it and

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Speaker 1: don't don't make it through. Yea, and uh, recent news

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Speaker 1: has a little bit of controversy and that. So we

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Speaker 1: talked about how there's some professional League of Legends players.

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Speaker 1: Ryan actually employs some professional gamers and they are in

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Speaker 1: the League Championship League, which you know, seems like the

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Speaker 1: evil League of Evil to me, but the League Championship

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Speaker 1: League has people who are under salary with Riot who

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Speaker 1: are professional gamers, but part of their contracts that um,

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Speaker 1: something that got released, you know, kind of leaked to

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Speaker 1: the public recently, says that they are not supposed to

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Speaker 1: stream any other games, specifically games that are direct competitors

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Speaker 1: to League of Legends, but also some that are a

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Speaker 1: little more like like Fat Princess, things that are not direct,

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Speaker 1: um competitors, competitors. But they said that no, if you're

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Speaker 1: if you're working for us, if you're making money playing

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Speaker 1: video games for us, and that part of that is

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Speaker 1: because you're streaming this content so that people can watch it,

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Speaker 1: you are not allowed you you're not allowed to be

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Speaker 1: seen in public drinking coke. Yeah, yeah, exactly. That's same,

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Speaker 1: same sort of approach, And so there's been some backlash

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Speaker 1: from the gaming community to this. I've seen points on

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Speaker 1: both sides of this debate. And obviously, you know, you're

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Speaker 1: talking about contract negotiations. That doesn't you know, mean that

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Speaker 1: that's always going to be the case. It could be

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Speaker 1: that the players are able to negotiate that to mean

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Speaker 1: less than what it says right now. So that's really

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Speaker 1: interesting though, I've never heard of any I never honestly

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Speaker 1: thought about professional gaming contracts, and although I know that

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Speaker 1: that talent in many other areas has similar retrictions placed

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Speaker 1: upon them. Yeah. Yeah, the non compete clauses where you

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Speaker 1: can't just go to someone else and work for them

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Speaker 1: while you're still under contract with another company, like classic

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Speaker 1: movie movie studio kind of content. Yeah. Yeah, and I

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Speaker 1: mean that's it's it's pretty common across lots of different industries,

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Speaker 1: not just with talent, but with other areas as well.

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Speaker 1: All right, so let's move on to or three. Yes, uh,

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Speaker 1: this is riverbed technology. This is another one I had

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Speaker 1: to look up. Yeah, they do lots of networking applications

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Speaker 1: and traffic optimization. Yeah, for wide area networks, right, most

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Speaker 1: of their work is in wide area Yeah. So this

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Speaker 1: is stuff like it's not necessarily Internet based, although it

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Speaker 1: can be, but can be intrannet based. So if you

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Speaker 1: if you're part of a huge company that has its

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Speaker 1: own intranet where you are able to connect with all

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Speaker 1: the different parts of your company, that and that's you know,

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Speaker 1: it might be that there are portals out to the

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Speaker 1: Internet as well. You need to be able to manage

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Speaker 1: that intranet traffic, and depending upon your I T department,

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Speaker 1: that may or may not be easy to do. So

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Speaker 1: this is a company that ends up optimizing that sort

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Speaker 1: of stuff. They have some products that you can use.

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Speaker 1: Some of them are physical products that you can hook

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Speaker 1: up to our router that will help manage traffic so

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Speaker 1: that you don't have huge bottlenecks, so that you know

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Speaker 1: when when Finance is sending out a big data request,

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Speaker 1: it doesn't effect HR or some other department or sales

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Speaker 1: or whatever, so that you can end up having your

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Speaker 1: entire business operates smoothly without anyone like upsetting the Apple cart.

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Speaker 1: That's generally what they do. They ship their first product

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Speaker 1: in two thousand four. They were founded in two thousand

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Speaker 1: two in San Francisco. First product they shipped in two

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Speaker 1: thousand four, so two years for them to actually develop

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Speaker 1: a product that they could ship, and then they had

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Speaker 1: their i PO in two thousand six. Yep. So this

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Speaker 1: is another publicly traded company. Uh and uh. You know

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Speaker 1: lots of different products here, including things like machine virtualization.

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Speaker 1: Long time listeners of tech stuff know what that is.

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Speaker 1: That's the idea that you can create virtual machines on

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Speaker 1: a physical machine, and by doing that you can end

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Speaker 1: up reducing the number of actual physical machines you need. Um.

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Speaker 1: You know, it all depends on what kind of hardware

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Speaker 1: you have, like if it's if it's sufficient to be

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Speaker 1: able to do all the work you as you're dividing

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Speaker 1: it up more and more and more, and obviously you

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Speaker 1: get you know, diminishing returns if you keep going. But

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Speaker 1: it does mean that you can actually reduce the number

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Speaker 1: of servers you need if if you do it the

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Speaker 1: right way. So this company helps other companies do that also,

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Speaker 1: like application acceleration, so that if you are designing apps,

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Speaker 1: this company will help optimize them so that they will

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Speaker 1: operate more quickly and smoothly, so you're not waiting forty

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Speaker 1: five minutes for something to happen that you know. So

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Speaker 1: these are you know, if you if you're describing it

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Speaker 1: as someone who is strictly a consumer, they may seem

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Speaker 1: kind of dull and mundane, but they're incredibly important. Oh yeah, yeah.

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Speaker 1: And some of some of the bigger name competitors in

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Speaker 1: this industry are are stuff like US Tricks or Cisco. Yeah. Yeah,

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Speaker 1: these are big companies that do the same sort of thing.

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Speaker 1: So what is it about Riverbed that makes it different? Well, okay, so,

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Speaker 1: I mean, so it's got a company rating of four

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Speaker 1: point four, which is pretty impressive, and in a CEO

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Speaker 1: approval rating of Mr Jerry M. Kennelly of Kennely being

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Speaker 1: one of the co founders of the company. Um, And

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Speaker 1: I mean, I don't know, Like, like what I was

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Speaker 1: reading from employees is that it sounds slightly traditional. That

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Speaker 1: people were talking a lot about a good work life

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Speaker 1: balance and having the independence to to really do their

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Speaker 1: their work. They said that it kind of straddles that line. Right.

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Speaker 1: It still feels like it's nimble from a startup kind

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Speaker 1: of perspective, but it also has some more traditional elements

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Speaker 1: to it too. Um. Also, they the rigid management structure

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Speaker 1: can go either way, right. You can either have that

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Speaker 1: be a benefit because it means that perhaps the company

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Speaker 1: has a very clear vision and is able to act

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Speaker 1: upon it and can go and do what they want

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Speaker 1: to do and what they need to do. But it

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Speaker 1: also can sometimes mean that it restricts your options as

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Speaker 1: an employee. Yeah, that sometimes upward mobility is going to

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Speaker 1: be difficult. So for recent news, Riverbed Technology announced that

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Speaker 1: it would implement a shareholder rights plan, which is also

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Speaker 1: known as a poison pill. I had heard this term

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Speaker 1: several times before and really wasn't entirely clear on what

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Speaker 1: it meant. So I actually did some digging so I

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Speaker 1: can learn, because I mean, finance world is something that

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Speaker 1: frightens and confuses me and we go back into my

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Speaker 1: corner of safety zone. So so a poison pill is interesting.

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Speaker 1: So the idea is that if you have an entity

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Speaker 1: coming into your company and buying up shares, and you

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Speaker 1: figure out that maybe this entity is trying to do

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Speaker 1: a hostile takeover where they're trying to buy up enough

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Speaker 1: shares to have controlling voting power to vote their own

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Speaker 1: applicant up to the board of directors and thus start

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Speaker 1: to make changes to the company. This is like an

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Speaker 1: economic cyanide pill. Yeah, it's well, it's kind of you know,

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Speaker 1: it's they call it a poison pill because it's supposed

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Speaker 1: to be like the spies have in there. You know,

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Speaker 1: you flip your tooth up and you've got the old

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Speaker 1: sanide pill and you bite down on and you croak.

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Speaker 1: But it's not really killing off the company. Instead, what

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Speaker 1: it's meant to do is dilute the stock because what

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Speaker 1: what a company will do is they'll say, if any

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Speaker 1: entity buys up a certain percentage of our stock, and

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Speaker 1: usually it's somewhere between ten and then that will trigger

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Speaker 1: this plan where other shareholders who have less than ten

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Speaker 1: percent of the stock will be able to buy additional

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Speaker 1: share is at a incredibly reduced cost. So, in other words,

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Speaker 1: it ends up diluting the ability of a company to

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Speaker 1: buy up enough to to be able to really mess

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Speaker 1: with things. And because that company, the one that bought ten,

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Speaker 1: is not eligible for this reduced rate, So all of

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Speaker 1: a sudden, you've got all these people who can just

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Speaker 1: kind of buy buy the shares out from under them, right, Yeah,

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Speaker 1: So they end up buying more shares, and it ends

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Speaker 1: up making it less likely that one, any single entity

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Speaker 1: will be able to get a kind of controlling interest. Now,

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Speaker 1: this is a practice that rose to prominence in the

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Speaker 1: nineteen eighties. People who watch Wall Street are like, I

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Speaker 1: totally get this, um, but uh, you know both Wall

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Speaker 1: Street the entity and Wall Street the film. Uh, greed

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Speaker 1: is good Gordon Gecko anyway, So anyone who is familiar

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Speaker 1: with that already already knows all this stuff. But I

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Speaker 1: thought I found it really interesting. It's also something that's

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Speaker 1: considered to be fairly controversial. There's some parts of the

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Speaker 1: world where yeah, this is totally not something you are

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Speaker 1: allowed to do, kind of underhanded and and or illegal. Um.

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Speaker 1: And it was it was responsive to a particular news item,

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Speaker 1: wasn't it. Yeah, there's a there's an investment group, um

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Speaker 1: the the Elliott Associates company that purchased nine percent of

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Speaker 1: the stocks and actually had made the comments saying that

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Speaker 1: the reason why they had made that purchase was they

429
00:22:20,960 --> 00:22:24,080
Speaker 1: felt that the stocks were undervalued and soon would reflect

430
00:22:24,080 --> 00:22:26,840
Speaker 1: the true value of the company, and that actually gave

431
00:22:26,840 --> 00:22:29,760
Speaker 1: a boost to the stock price. And there the market

432
00:22:29,840 --> 00:22:32,520
Speaker 1: responded by saying, you know, maybe this company is undervalued

433
00:22:32,560 --> 00:22:37,080
Speaker 1: considering the number of loyal customers Riverbed has, perhaps the

434
00:22:37,080 --> 00:22:39,800
Speaker 1: stock price should reflect that better. And the number of

435
00:22:39,800 --> 00:22:42,359
Speaker 1: oil employees. Yeah so yeah, so the number. So that

436
00:22:42,440 --> 00:22:44,919
Speaker 1: stock price started to creep up. But the on the

437
00:22:44,920 --> 00:22:47,240
Speaker 1: flip side of the board directors was like, well, that's awesome.

438
00:22:47,400 --> 00:22:50,120
Speaker 1: We do want to see our company value increase. At

439
00:22:50,119 --> 00:22:52,440
Speaker 1: the same time, I'm a little nervous about this, this

440
00:22:52,520 --> 00:22:55,760
Speaker 1: one entity buying up nine percent of our shares, so

441
00:22:55,880 --> 00:22:59,520
Speaker 1: that it looks like that may have been the impetus

442
00:22:59,560 --> 00:23:02,080
Speaker 1: to go in and say, let's go ahead and propose

443
00:23:02,160 --> 00:23:06,359
Speaker 1: this this, uh, this plan, this um this shareholder rights plans.

444
00:23:06,440 --> 00:23:08,880
Speaker 1: So it'll be interesting to see how that turns out

445
00:23:08,880 --> 00:23:11,920
Speaker 1: because this is still an ongoing story right now. Well,

446
00:23:12,000 --> 00:23:14,000
Speaker 1: we still have some a couple of companies to talk

447
00:23:14,000 --> 00:23:16,760
Speaker 1: about numbers one and two, if I'm not mistaken. But

448
00:23:16,840 --> 00:23:18,840
Speaker 1: before we do that, let's, uh, how about we take

449
00:23:18,880 --> 00:23:22,400
Speaker 1: a quick break and thank our sponsor. All right, we're

450
00:23:22,440 --> 00:23:26,080
Speaker 1: down to the final two. So number two this is,

451
00:23:26,280 --> 00:23:28,439
Speaker 1: you know, again a company that when I saw it,

452
00:23:28,440 --> 00:23:31,120
Speaker 1: I was like that, what huh what do they do?

453
00:23:31,480 --> 00:23:34,440
Speaker 1: This is guide Wire. Yeah, it's a computer software and

454
00:23:34,480 --> 00:23:39,280
Speaker 1: hardware company founded in two thousand one, started in Foster City, California,

455
00:23:39,440 --> 00:23:44,440
Speaker 1: and they have very specific customers. Yeah, it's mostly insurance carriers,

456
00:23:44,480 --> 00:23:49,520
Speaker 1: specifically property and casualty insurance. Yeah. So again here's another

457
00:23:49,560 --> 00:23:53,120
Speaker 1: company that that the average consumer would have no knowledge

458
00:23:53,119 --> 00:23:56,880
Speaker 1: of because they are dealing with companies that you deal with.

459
00:23:57,359 --> 00:24:01,800
Speaker 1: So your insurance carrier might be a customer of guide Wire,

460
00:24:01,960 --> 00:24:05,800
Speaker 1: and guide Wire creates these software systems that allow insurance

461
00:24:05,840 --> 00:24:09,359
Speaker 1: carriers to manage their products and also their customers. It

462
00:24:09,359 --> 00:24:13,280
Speaker 1: includes everything that insurance companies do. Yeah yeah, the underwriting,

463
00:24:13,320 --> 00:24:18,200
Speaker 1: the policy, administration, billing, claims, claims resources. Yeah yeah. All

464
00:24:18,240 --> 00:24:22,000
Speaker 1: of this stuff is you know, obviously the meat and

465
00:24:22,040 --> 00:24:24,280
Speaker 1: potatoes of what insurance companies have to do in order

466
00:24:24,320 --> 00:24:28,920
Speaker 1: to do business. And so, uh, they're the way they

467
00:24:28,960 --> 00:24:32,320
Speaker 1: position themselves as they said, Look, we are a software

468
00:24:32,320 --> 00:24:34,800
Speaker 1: company that knows how to make software inside and out,

469
00:24:34,920 --> 00:24:39,680
Speaker 1: and we are also incredibly knowledgeable with the insurance industry

470
00:24:39,680 --> 00:24:43,560
Speaker 1: in particular. When this happens across many different sectors of software,

471
00:24:43,600 --> 00:24:46,360
Speaker 1: you know, people will specify in systems management for one

472
00:24:46,400 --> 00:24:49,760
Speaker 1: particular type of company just because it's it's I mean,

473
00:24:49,960 --> 00:24:53,520
Speaker 1: it's easier to get recommendations, um, word of mouth, and

474
00:24:53,520 --> 00:24:56,679
Speaker 1: and be it's easier to design a product if everyone

475
00:24:56,880 --> 00:25:00,199
Speaker 1: is working towards the same goals exactly right, And if

476
00:25:00,240 --> 00:25:03,760
Speaker 1: you make a one size fits all management software thing,

477
00:25:03,880 --> 00:25:06,880
Speaker 1: it's it's going to be the least of all worlds, right,

478
00:25:07,119 --> 00:25:09,399
Speaker 1: because you want to try and cast as wide a

479
00:25:09,440 --> 00:25:12,320
Speaker 1: net as you possibly can to try and take care

480
00:25:12,440 --> 00:25:15,520
Speaker 1: of all the potential issues that a company might need.

481
00:25:15,560 --> 00:25:18,639
Speaker 1: But it waters down the effectiveness of that product for

482
00:25:18,680 --> 00:25:21,800
Speaker 1: specific cases whereas if you are catering to a very

483
00:25:21,840 --> 00:25:25,719
Speaker 1: specific industry, then you can really focus and provide stuff

484
00:25:25,760 --> 00:25:29,040
Speaker 1: that only matters to them. Y. Yeah, so that's kind

485
00:25:29,080 --> 00:25:31,480
Speaker 1: of where they came from. And uh you know, the

486
00:25:31,600 --> 00:25:33,400
Speaker 1: like I said, they were founded in two thousand one,

487
00:25:33,560 --> 00:25:35,879
Speaker 1: and they held their I p O in two thousand

488
00:25:36,000 --> 00:25:39,359
Speaker 1: twelve and now are publicly treated and as much as

489
00:25:39,359 --> 00:25:41,080
Speaker 1: we had never heard of them, they rank on a

490
00:25:41,119 --> 00:25:44,240
Speaker 1: lot of lists as one of the top best places

491
00:25:44,280 --> 00:25:46,240
Speaker 1: to work. It was actually number one on this Business

492
00:25:46,240 --> 00:25:50,640
Speaker 1: Insider list on in both twelve. Yeah. So they've slipped, yes,

493
00:25:50,720 --> 00:25:53,160
Speaker 1: slipped down from one to two. Um. Yeah. Their company

494
00:25:53,240 --> 00:25:56,200
Speaker 1: rating is currently four point six and their CEO approval

495
00:25:56,240 --> 00:25:59,720
Speaker 1: of Mr Marcus Riu is. What's interesting to me is

496
00:25:59,760 --> 00:26:02,520
Speaker 1: that last year they had a rating of four point four,

497
00:26:02,720 --> 00:26:05,320
Speaker 1: so the rating actually went up, and yet they slipped

498
00:26:05,320 --> 00:26:10,040
Speaker 1: down in the rankings, teasing what number one might possibly be.

499
00:26:10,720 --> 00:26:14,639
Speaker 1: Uh So, Yeah, it's it's pretty interesting that the quality

500
00:26:15,119 --> 00:26:17,960
Speaker 1: of working at these places has increased over the past

501
00:26:18,040 --> 00:26:21,639
Speaker 1: year to the point where even when number one gets

502
00:26:21,720 --> 00:26:24,080
Speaker 1: even better than it was the year before, it's still

503
00:26:24,160 --> 00:26:28,920
Speaker 1: now number two. Uh So it's it's interesting what employees

504
00:26:28,960 --> 00:26:31,960
Speaker 1: said about working at this place that they again they

505
00:26:32,000 --> 00:26:35,239
Speaker 1: felt that they their work was actually valued and that

506
00:26:35,320 --> 00:26:38,080
Speaker 1: their input was taken into account, that they were no

507
00:26:38,080 --> 00:26:40,680
Speaker 1: matter what you're at, Yeah, which is fantastic. I mean,

508
00:26:40,720 --> 00:26:42,680
Speaker 1: you know, anyone who's ever worked for a company where

509
00:26:42,720 --> 00:26:44,919
Speaker 1: you feel like what you do doesn't really seem to

510
00:26:44,960 --> 00:26:49,600
Speaker 1: matter to the overall company, job satisfaction just plummets. So

511
00:26:49,760 --> 00:26:51,760
Speaker 1: that's always a good thing. And yeah, you know, just

512
00:26:51,760 --> 00:26:54,600
Speaker 1: just talking about about engineers getting to work alongside upper

513
00:26:54,600 --> 00:26:57,520
Speaker 1: management on projects. Yeah, that's obviously you know, if you're

514
00:26:57,600 --> 00:27:00,520
Speaker 1: if you know, it's you're not distancing the upper management

515
00:27:00,520 --> 00:27:04,080
Speaker 1: from everyone else. It's not like they they inhabit a

516
00:27:04,200 --> 00:27:08,199
Speaker 1: floor that no ordinary employees ever allowed to go to.

517
00:27:09,080 --> 00:27:13,720
Speaker 1: That's also really cool. And no shadowy figures behind curtains. Yeah, however,

518
00:27:14,000 --> 00:27:17,040
Speaker 1: all of that does come with with the caveat that. Again, um,

519
00:27:17,240 --> 00:27:19,000
Speaker 1: work life balance can be a little bit of an

520
00:27:19,000 --> 00:27:21,400
Speaker 1: issue working here, right, And then there were some employees

521
00:27:21,440 --> 00:27:23,480
Speaker 1: who said that the four oh one K programs not

522
00:27:23,520 --> 00:27:26,040
Speaker 1: all it could be and that the benefits aren't necessarily

523
00:27:26,560 --> 00:27:29,679
Speaker 1: in line what's what some other companies offer. So you know,

524
00:27:29,840 --> 00:27:32,440
Speaker 1: again it's one of those things where some aspects of

525
00:27:32,480 --> 00:27:34,520
Speaker 1: the job might be amazing and others you might find

526
00:27:34,560 --> 00:27:36,840
Speaker 1: a little lacking. It depends on what you're looking for

527
00:27:36,840 --> 00:27:40,840
Speaker 1: in your place of employment. Um. So, as far as

528
00:27:40,880 --> 00:27:43,959
Speaker 1: news goes, the company had a net loss per share

529
00:27:44,640 --> 00:27:48,439
Speaker 1: in the most recent quarter. However, that loss was smaller

530
00:27:48,480 --> 00:27:52,080
Speaker 1: than what analysts thought it was going to be, So

531
00:27:52,080 --> 00:27:56,080
Speaker 1: so that's good news. Like like they analysts predicted that

532
00:27:56,119 --> 00:27:57,640
Speaker 1: there was going to be a loss, but it ended

533
00:27:57,720 --> 00:27:59,200
Speaker 1: up not being as drastic as they thought it was

534
00:27:59,200 --> 00:28:02,800
Speaker 1: gonna be the factive you know, minor in comparison, and

535
00:28:02,840 --> 00:28:06,160
Speaker 1: so the bright side of that is that perhaps this

536
00:28:06,280 --> 00:28:08,320
Speaker 1: is just a show that the things are going to

537
00:28:08,400 --> 00:28:12,800
Speaker 1: turn around and be more optimistic in the future. So, um,

538
00:28:12,880 --> 00:28:16,000
Speaker 1: that takes us to our number one company, which is

539
00:28:16,080 --> 00:28:19,119
Speaker 1: one that I think most of our listening audience is

540
00:28:19,240 --> 00:28:23,520
Speaker 1: really familiar with, probably probably on a daily, if not hourly,

541
00:28:23,560 --> 00:28:26,680
Speaker 1: if not minutely basis. Yes, we're talking about Facebook. Now.

542
00:28:26,760 --> 00:28:30,000
Speaker 1: This actually surprised me to see Facebook as the number

543
00:28:30,080 --> 00:28:33,560
Speaker 1: one company. Yeah, company rating of four point seven and

544
00:28:33,800 --> 00:28:38,520
Speaker 1: uh CEO approval of of Mark Zuckerberg at very surprising.

545
00:28:38,560 --> 00:28:42,360
Speaker 1: I guess, uh, I guess that that that biopic film

546
00:28:42,920 --> 00:28:45,800
Speaker 1: didn't really hurt him so much. Huh. Yeah, he's up

547
00:28:45,840 --> 00:28:48,520
Speaker 1: nine percent approval from last year and um and the

548
00:28:48,520 --> 00:28:51,880
Speaker 1: company as a whole is up from four point three, right,

549
00:28:51,920 --> 00:28:53,680
Speaker 1: So that's that's a big jump. Four point three to

550
00:28:53,720 --> 00:28:57,240
Speaker 1: four point seven is huge. So obviously, I mean you're

551
00:28:57,240 --> 00:28:59,600
Speaker 1: familiar with This company is founded in two thousand four

552
00:28:59,680 --> 00:29:04,000
Speaker 1: by Mark Zuckerberg, uh, somewhat controversially depending upon who you

553
00:29:04,040 --> 00:29:08,719
Speaker 1: talked to, and it's headquartered in Menlo Park, California. Also

554
00:29:08,840 --> 00:29:12,200
Speaker 1: had a controversial initial public offering in two thousand twelve.

555
00:29:13,040 --> 00:29:15,040
Speaker 1: There was a little bit of a kerfuffle there where

556
00:29:15,400 --> 00:29:19,720
Speaker 1: there was the allegations that Facebook had let some players

557
00:29:19,800 --> 00:29:23,200
Speaker 1: know that they were not going to perform up to

558
00:29:23,360 --> 00:29:26,120
Speaker 1: the projections they had made and that would affect the

559
00:29:26,160 --> 00:29:29,200
Speaker 1: stock price. But other people, as in me and you,

560
00:29:29,480 --> 00:29:32,560
Speaker 1: weren't alerted to this fact, and so when we went

561
00:29:32,560 --> 00:29:35,200
Speaker 1: in good faith to purchase stock price at a certain amount,

562
00:29:35,240 --> 00:29:37,680
Speaker 1: we did so not knowing that the company wasn't really

563
00:29:37,680 --> 00:29:42,560
Speaker 1: worth what we thought it was worth. That was the allegation. Um, messy, messy,

564
00:29:43,160 --> 00:29:46,440
Speaker 1: But that's all still kind of Yeah, the stock price

565
00:29:46,480 --> 00:29:49,800
Speaker 1: hasn't exactly blown all the other companies out of the water.

566
00:29:49,880 --> 00:29:51,960
Speaker 1: It's performed fairly well. I mean it's not like it's

567
00:29:52,000 --> 00:29:55,240
Speaker 1: it's not like it's plummeted down to tiny levels. At

568
00:29:55,280 --> 00:29:56,680
Speaker 1: last I looked, I think it was in the forty

569
00:29:56,720 --> 00:30:00,920
Speaker 1: dollar range, which it's not from from its initial dive. Yeah,

570
00:30:01,000 --> 00:30:02,840
Speaker 1: and it's and it's even up from what it was

571
00:30:02,880 --> 00:30:05,720
Speaker 1: initially offered at. But not like not like an astronomer.

572
00:30:05,960 --> 00:30:09,240
Speaker 1: It's not a Google. It's not a Google. Um. But yeah,

573
00:30:09,280 --> 00:30:15,120
Speaker 1: so they they obviously social network everyone's familiar with. They've

574
00:30:15,120 --> 00:30:19,080
Speaker 1: got like the whole uh revenue generation model of having

575
00:30:19,440 --> 00:30:22,520
Speaker 1: advertising as well as promoted things. We'll talk about some

576
00:30:22,600 --> 00:30:25,360
Speaker 1: of the promotion stuff in a second, because that that's

577
00:30:25,400 --> 00:30:29,400
Speaker 1: an interesting story. That's that's breaking right now. Um. And

578
00:30:29,400 --> 00:30:31,360
Speaker 1: and people say that working there, I mean, I mean,

579
00:30:31,400 --> 00:30:34,040
Speaker 1: I think that everyone has heard stories about working at Facebook,

580
00:30:34,040 --> 00:30:36,520
Speaker 1: where you know, it's just so much energy, which you

581
00:30:36,560 --> 00:30:39,280
Speaker 1: can either be really good or really bad. Yeah. I

582
00:30:39,320 --> 00:30:43,920
Speaker 1: can either be incredibly energizing like energy as in the

583
00:30:43,960 --> 00:30:45,840
Speaker 1: way of who, let's all get the work on this,

584
00:30:46,120 --> 00:30:48,640
Speaker 1: or it could be exhausted right right for the right

585
00:30:48,680 --> 00:30:51,280
Speaker 1: people at the right time. It's it's excellent. Um My

586
00:30:51,280 --> 00:30:54,360
Speaker 1: my favorite employee quote from from the company is uh,

587
00:30:54,520 --> 00:30:56,360
Speaker 1: I never knew a company could move so fast and

588
00:30:56,360 --> 00:30:59,760
Speaker 1: get so much done while still being kind about of control. Yes,

589
00:31:00,080 --> 00:31:02,880
Speaker 1: that that to me says that Facebook, even though it's

590
00:31:02,960 --> 00:31:05,640
Speaker 1: reached this huge size, and I mean we're talking billions

591
00:31:05,640 --> 00:31:08,360
Speaker 1: of dollars in revenue every year. Uh, it's a it's

592
00:31:08,360 --> 00:31:11,480
Speaker 1: an enormous thing. They have more than a billion users.

593
00:31:11,720 --> 00:31:15,720
Speaker 1: So when you have more than a billion users, that's

594
00:31:15,760 --> 00:31:19,280
Speaker 1: it's it's unfathomable to me. But it's still operating at

595
00:31:19,440 --> 00:31:23,160
Speaker 1: at some levels anyway, like a little internet startup, which

596
00:31:23,320 --> 00:31:26,240
Speaker 1: is kind of it's it's you wonder how long a

597
00:31:26,280 --> 00:31:29,560
Speaker 1: company can do that because, uh, in some ways it

598
00:31:29,680 --> 00:31:31,640
Speaker 1: needs to be able to do that because the Internet

599
00:31:31,760 --> 00:31:34,400
Speaker 1: is so change you know, it's so chaotic, it changes

600
00:31:34,400 --> 00:31:37,200
Speaker 1: so quickly, so you have to be able to adapt that.

601
00:31:37,280 --> 00:31:39,000
Speaker 1: But at the same time, when you get that big,

602
00:31:39,280 --> 00:31:43,080
Speaker 1: it's hard to have a company operate that way and

603
00:31:43,160 --> 00:31:47,160
Speaker 1: maintain any semblance of sanity. You know, it's it's a challenge.

604
00:31:47,200 --> 00:31:48,920
Speaker 1: I'm not sure if that's if sanity is ever what

605
00:31:49,040 --> 00:31:51,600
Speaker 1: they've been going for. I don't know. I'm sure if

606
00:31:51,600 --> 00:31:53,200
Speaker 1: I said, would you like your work to be saying

607
00:31:53,240 --> 00:31:55,560
Speaker 1: i'd get a lot of Facebook employees hitting the like button.

608
00:31:56,520 --> 00:31:59,840
Speaker 1: But yeah, it's um, you know, it's also supposed to

609
00:31:59,840 --> 00:32:02,560
Speaker 1: be a really supportive environment. They talk a lot about

610
00:32:02,560 --> 00:32:05,240
Speaker 1: innovation and that that's much more important than doing things

611
00:32:05,240 --> 00:32:08,240
Speaker 1: the way it's always been done, and that they say

612
00:32:08,320 --> 00:32:11,160
Speaker 1: that the work is challenging and engaging. So it's not

613
00:32:11,280 --> 00:32:13,280
Speaker 1: you know, it's not just that it's fun to do,

614
00:32:13,320 --> 00:32:15,040
Speaker 1: but it's challenging to do, and I think for a

615
00:32:15,080 --> 00:32:17,280
Speaker 1: lot of people that is really important. Yeah, yeah, that's

616
00:32:17,280 --> 00:32:20,120
Speaker 1: that's a part of what they call flow and yeah,

617
00:32:20,160 --> 00:32:23,560
Speaker 1: that's pretty yep. Yeah, and critical part of of anything

618
00:32:23,720 --> 00:32:26,760
Speaker 1: that you are engaging yourself and yep. And so some

619
00:32:26,920 --> 00:32:32,040
Speaker 1: news from recent months, Facebook recently suffered a security breach,

620
00:32:32,120 --> 00:32:35,080
Speaker 1: with more than two million accounts compromised. They were not

621
00:32:35,160 --> 00:32:37,880
Speaker 1: the only entity to have that happened. Google also was

622
00:32:38,000 --> 00:32:42,560
Speaker 1: victim to that, and uh it we're still seeing people

623
00:32:42,680 --> 00:32:46,160
Speaker 1: become aware of that. Usually if you if you received

624
00:32:46,160 --> 00:32:48,480
Speaker 1: a message that said you need to change your password,

625
00:32:48,480 --> 00:32:50,800
Speaker 1: then you may have been affected by this. So far,

626
00:32:50,840 --> 00:32:53,280
Speaker 1: I haven't. The lesson to take from this is don't

627
00:32:53,360 --> 00:32:56,760
Speaker 1: use the same password across multiple use a different one.

628
00:32:57,160 --> 00:32:58,840
Speaker 1: I know, it's a pain. But if you get a

629
00:32:58,840 --> 00:33:02,560
Speaker 1: password management application that you know for a fact is

630
00:33:02,640 --> 00:33:05,800
Speaker 1: a good one, use that. I highly recommend you check

631
00:33:05,840 --> 00:33:08,320
Speaker 1: those out. There are a lot of them out there. Um,

632
00:33:08,360 --> 00:33:10,400
Speaker 1: I use one myself, the one I used just so

633
00:33:10,440 --> 00:33:13,640
Speaker 1: you know, and in film there's just just one of many,

634
00:33:13,680 --> 00:33:16,400
Speaker 1: but I like it as dash Lane. But use something

635
00:33:16,440 --> 00:33:18,440
Speaker 1: like that so that you can prevent this from happening

636
00:33:18,480 --> 00:33:20,360
Speaker 1: to you, or at least if it does happen to you,

637
00:33:20,400 --> 00:33:25,160
Speaker 1: it only happens to one account as opposed to everything. Yeah. Um,

638
00:33:25,200 --> 00:33:27,320
Speaker 1: they've also there's also been in the news a little

639
00:33:27,360 --> 00:33:30,840
Speaker 1: bit of controversy about their system. For if you don't

640
00:33:30,880 --> 00:33:33,680
Speaker 1: have a page, like a brand page on Facebook, then

641
00:33:33,720 --> 00:33:37,680
Speaker 1: then you're probably less aware of what percentage of your

642
00:33:37,800 --> 00:33:41,360
Speaker 1: followers are reading your posts than otherwise. But this is

643
00:33:41,360 --> 00:33:44,200
Speaker 1: a big deal to people who have pages and tech

644
00:33:44,240 --> 00:33:47,280
Speaker 1: stuff and a common criticism of Facebook is that they

645
00:33:47,880 --> 00:33:51,600
Speaker 1: artificially reduced the number of readers who see your posts

646
00:33:51,840 --> 00:33:55,880
Speaker 1: in order to encourage you to to buy ad space

647
00:33:56,040 --> 00:33:59,080
Speaker 1: or to to to promote to promote an entry. So

648
00:33:59,160 --> 00:34:03,080
Speaker 1: for example, over at tech Stuff, we have several a

649
00:34:03,080 --> 00:34:06,080
Speaker 1: few thousand people who like our page, and we might

650
00:34:06,160 --> 00:34:09,520
Speaker 1: post something that might reach one fifth of all the

651
00:34:09,560 --> 00:34:12,600
Speaker 1: people who have liked it, and that's a really good day. Yeah,

652
00:34:12,640 --> 00:34:15,719
Speaker 1: so you're talking about like, just of everyone who likes

653
00:34:15,719 --> 00:34:18,480
Speaker 1: your page has a chance of seeing it. It's going

654
00:34:18,520 --> 00:34:21,239
Speaker 1: to show up on their news feed. Otherwise it just

655
00:34:21,560 --> 00:34:23,799
Speaker 1: for everyone else. For the other percent, it doesn't show

656
00:34:23,880 --> 00:34:25,920
Speaker 1: up at all. And that's and that's how it's always been,

657
00:34:25,960 --> 00:34:29,280
Speaker 1: and it's it can be frustrating. Um And and Facebook

658
00:34:29,280 --> 00:34:32,319
Speaker 1: announced that um that that organic reach was going to

659
00:34:32,360 --> 00:34:36,080
Speaker 1: become even more limited. Yeah. And from Facebook standpoint, I mean,

660
00:34:36,120 --> 00:34:37,879
Speaker 1: I understand what they're saying. They say they want their

661
00:34:37,960 --> 00:34:40,480
Speaker 1: users to have well, I understand what they're saying from

662
00:34:40,520 --> 00:34:42,839
Speaker 1: two aspects. Right. What they say is they want their

663
00:34:42,920 --> 00:34:49,400
Speaker 1: users to have a satisfying experience where they're not constantly bombarded. However,

664
00:34:49,960 --> 00:34:52,520
Speaker 1: keep in mind, this is stuff that Facebook users have

665
00:34:52,600 --> 00:34:55,480
Speaker 1: gone out to like, meaning that they had an interested

666
00:34:55,480 --> 00:34:59,279
Speaker 1: in the first place, So they can also unlike things

667
00:34:59,360 --> 00:35:02,000
Speaker 1: if they were being bombarded and felt that it wasn't,

668
00:35:02,120 --> 00:35:04,640
Speaker 1: you know, a good experience. So I don't know how

669
00:35:05,120 --> 00:35:08,200
Speaker 1: like that seems a little disingenuous to me. Now, granted

670
00:35:08,280 --> 00:35:11,360
Speaker 1: I'm biased, I have I have cards on this table,

671
00:35:11,680 --> 00:35:13,960
Speaker 1: in this and and this is a thing that that

672
00:35:14,040 --> 00:35:16,600
Speaker 1: the new social media how stuff works. Lady Sherry and

673
00:35:16,640 --> 00:35:20,200
Speaker 1: I have have had kind of private freakout sessions about so.

674
00:35:20,360 --> 00:35:22,399
Speaker 1: But you know what Facebook says is like, we want

675
00:35:22,480 --> 00:35:24,520
Speaker 1: our users to have a good experience, but if you

676
00:35:24,560 --> 00:35:27,480
Speaker 1: want to have more of a reach, you can pay

677
00:35:27,560 --> 00:35:29,040
Speaker 1: and you will have more of a reach. I'm like, well,

678
00:35:29,080 --> 00:35:31,160
Speaker 1: how much of a good user experience do you want

679
00:35:31,200 --> 00:35:33,600
Speaker 1: if you're also trying to cash in on people who

680
00:35:33,600 --> 00:35:37,879
Speaker 1: want to quote unquote ruined I could experience by by

681
00:35:37,920 --> 00:35:42,200
Speaker 1: inundating everyone with their content. Um. So yeah, I question

682
00:35:42,320 --> 00:35:45,719
Speaker 1: the sincerity of that whole user experience part, but I

683
00:35:45,760 --> 00:35:48,640
Speaker 1: totally understand from a business perspective why they're doing what

684
00:35:48,640 --> 00:35:51,919
Speaker 1: they're doing. It is their platform. When when you've got

685
00:35:52,000 --> 00:35:55,200
Speaker 1: some nearer billion users, they say it's over a billion,

686
00:35:55,239 --> 00:35:57,799
Speaker 1: but that's a billion accounts, which is different from a

687
00:35:57,800 --> 00:36:01,279
Speaker 1: billion actual people humans, right, Um, and uh, you know,

688
00:36:01,440 --> 00:36:03,359
Speaker 1: when you've got that much traffic to your site, then

689
00:36:03,400 --> 00:36:05,360
Speaker 1: you have to do something to manage to manage it

690
00:36:05,400 --> 00:36:07,759
Speaker 1: unless you start making everyone pay. Exactly, So, I'm going

691
00:36:07,800 --> 00:36:11,560
Speaker 1: to stop being better now, even though I make incredible

692
00:36:11,640 --> 00:36:13,719
Speaker 1: content that only gets seen by a few of you.

693
00:36:13,880 --> 00:36:15,680
Speaker 1: So you should actually go and visit the tech stuff

694
00:36:15,719 --> 00:36:17,239
Speaker 1: Facebook page some time and just see some of the

695
00:36:17,239 --> 00:36:20,040
Speaker 1: stuff that you're not seeing because Facebook won 'll show

696
00:36:20,040 --> 00:36:21,560
Speaker 1: it to you. Yeah, you can, you can. There's a

697
00:36:21,560 --> 00:36:24,239
Speaker 1: little drop down menu where you can check off how

698
00:36:24,320 --> 00:36:26,200
Speaker 1: much of our content you want to see. You want

699
00:36:26,560 --> 00:36:29,000
Speaker 1: all of it, all of the content, just I mean,

700
00:36:29,040 --> 00:36:31,560
Speaker 1: just if you want to. I mean, just no big, no,

701
00:36:31,560 --> 00:36:34,799
Speaker 1: no big. My bonus depends on it. Um. That's a joke.

702
00:36:35,040 --> 00:36:38,160
Speaker 1: That's a joke. It's it's not entirely a joke. It's

703
00:36:38,200 --> 00:36:40,839
Speaker 1: mostly a joke. Let's talk about some honorable mention. Let's

704
00:36:40,840 --> 00:36:43,600
Speaker 1: see that. So Facebook was our number one, but there

705
00:36:43,640 --> 00:36:45,520
Speaker 1: are some companies that were listed because this was a

706
00:36:45,600 --> 00:36:47,520
Speaker 1: top twenty five in the armble And like I said,

707
00:36:47,520 --> 00:36:50,120
Speaker 1: you should go and check that out. Here's some companies

708
00:36:50,120 --> 00:36:53,200
Speaker 1: that you have heard of that also made that top list. Yeah,

709
00:36:54,000 --> 00:36:55,920
Speaker 1: some things that perhaps you would have expected to have

710
00:36:56,000 --> 00:36:58,080
Speaker 1: heard on our top ten that didn't quite make it.

711
00:36:58,280 --> 00:37:01,319
Speaker 1: Adobe a number twenty, down from sixteen last year. Yep.

712
00:37:01,480 --> 00:37:04,160
Speaker 1: Apple was number nineteen, which was a bit of a

713
00:37:04,200 --> 00:37:07,200
Speaker 1: drop right way down from seven last year. Yeah, So

714
00:37:07,600 --> 00:37:10,440
Speaker 1: Google was number five, Apples number nineteen. I'm just saying

715
00:37:11,000 --> 00:37:14,160
Speaker 1: I'm an entroprod user, alright. So LinkedIn was number fifteen,

716
00:37:14,440 --> 00:37:17,640
Speaker 1: way down again from number three last year, and Intel

717
00:37:17,800 --> 00:37:20,879
Speaker 1: was number eleven, which is up from eighteen last year.

718
00:37:21,000 --> 00:37:23,720
Speaker 1: So actually that's interesting because some of these companies play

719
00:37:23,800 --> 00:37:26,879
Speaker 1: into you know, we did We do this every year

720
00:37:26,880 --> 00:37:29,160
Speaker 1: where we make the predictions of what the next twelve

721
00:37:29,160 --> 00:37:30,600
Speaker 1: months are going to be like in the world of tech,

722
00:37:30,640 --> 00:37:31,880
Speaker 1: and then at the end of the year we have

723
00:37:31,960 --> 00:37:35,239
Speaker 1: to grade ourselves. So our next episode is actually going

724
00:37:35,280 --> 00:37:39,160
Speaker 1: to be the roundup of what our predictions were, and

725
00:37:39,160 --> 00:37:43,160
Speaker 1: some of these companies factor into that. Who to funk it? Well, guys,

726
00:37:43,200 --> 00:37:45,640
Speaker 1: if you have any suggestions for topics that we should

727
00:37:45,640 --> 00:37:47,680
Speaker 1: cover in the future, whether it's a company, a technology,

728
00:37:47,719 --> 00:37:50,120
Speaker 1: just the concept that kind of fits in with tech

729
00:37:50,200 --> 00:37:52,719
Speaker 1: that you've always wanted to know more about, let us know,

730
00:37:52,880 --> 00:37:54,759
Speaker 1: send us a message. You can write us our email

731
00:37:54,760 --> 00:37:57,960
Speaker 1: addresses tech Stuff at Discovery dot com, or drop us

732
00:37:57,960 --> 00:38:01,239
Speaker 1: a line on the mini social media platforms that we

733
00:38:01,360 --> 00:38:04,560
Speaker 1: dominate on that allow us our organic reach. That would

734
00:38:04,560 --> 00:38:07,560
Speaker 1: be Twitter, Facebook, and Tumbler. Our handle is tech Stuff

735
00:38:07,800 --> 00:38:11,160
Speaker 1: hs W Lauren It will continue to giggle, and I

736
00:38:11,239 --> 00:38:19,640
Speaker 1: will talk to you less snarkily. Releasing for more on

737
00:38:19,719 --> 00:38:22,439
Speaker 1: this and thousands of other topics because it how staff works.

738
00:38:22,480 --> 00:38:28,640
Speaker 1: Dot com