WEBVTT - Prezi's Peter Arvai on Reinventing Presentation Software(Audio)

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<v Speaker 1>Broadcasting live to New York, Bloomberg eleventh to Washington, d C,

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<v Speaker 1>bloom to Boston, Bluemberg, Well to San Francisco, Bloomberg nine

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<v Speaker 1>to the countries, Joe's Exam Channel one nineteen and around

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<v Speaker 1>the globe the Bloomberg Radio Plus happened, Bloomberg got gone.

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<v Speaker 1>This is taking stock power Point. Power Point presentations can

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<v Speaker 1>be the bane of everybody's existence, whether they are held

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<v Speaker 1>in conference rooms or in vast concert halls. Power Point, Well,

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<v Speaker 1>we've got a gentleman who is the chief executive and

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<v Speaker 1>the co founder of r V and he says he

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<v Speaker 1>can beat power point. We'll find out. Well, I'm sure

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<v Speaker 1>he could improve on it him and help everybody speak

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<v Speaker 1>better and more efficiently. Someone who always speaks well and

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<v Speaker 1>very efficiently is back Charlie Pellett with the Blueberg Business Flash.

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<v Speaker 1>And I thank you very much, Kathleen, thank you. Pim Fox,

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<v Speaker 1>the teal, the SMP nestack all declining twenty nine minutes

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<v Speaker 1>ago before we wrap things up on this Thursday, June nine.

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<v Speaker 1>Right now, we have got the SMP pie fundered in

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<v Speaker 1>Nicks holding near a ten month high. Gains in defensive

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<v Speaker 1>groups including utilities, and phone companies, offsetting declines in banks

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<v Speaker 1>and raw materials. SMP down three points to fifteen, That

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<v Speaker 1>is a drop of two tenths of one percent. The

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<v Speaker 1>Dow Jones Industrial Average down thirteen points, a drop of

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<v Speaker 1>point one percent, and as a stack also down thirteen points,

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<v Speaker 1>a drop there of three tenths of one percent. Michael

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<v Speaker 1>Purvis his chief global strategist at Wheaton and Company. He

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<v Speaker 1>was interviewed this morning on Bloomberg Television. What a way

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<v Speaker 1>to contextualize this rally? And I do think we're gonna

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<v Speaker 1>have a sprint into the quarters. And as as there's

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<v Speaker 1>a beta chase, as as a lot of investors are

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<v Speaker 1>under position, they have to catch up. And with new highs,

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<v Speaker 1>you gotta break out, you get you get people jumping

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<v Speaker 1>on momentum and all that. So there's there's a real

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<v Speaker 1>scenario here where the the SMP five under would be

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<v Speaker 1>up here to date, you know, seven eight nine percent

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<v Speaker 1>in some points A lot. Restoration hardware holdings plunging today.

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<v Speaker 1>It is down by twenty point seven percent after the

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<v Speaker 1>Upscale furniture chain posted a surprise loss. It also cut

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<v Speaker 1>its annual forecast and tailored brand shares plunging today, first

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<v Speaker 1>quarter profit in sales missing analysts. Tailored is the parent

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<v Speaker 1>of Men's Warehouse and joseph A Bank. It shares a

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<v Speaker 1>moving lord today as well. Right now, we've got the

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<v Speaker 1>tenure up eight thirty seconds, the yield there one point

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<v Speaker 1>six seven percent, gold up ninety to twelve seventy one,

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<v Speaker 1>a gain of point seven percent, and crude oil lower

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<v Speaker 1>vice sixty nine cents fifty dollars fifty five cents for crude.

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<v Speaker 1>That is a drop of one point three percent, three

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<v Speaker 1>thirty two on Wall Street. Now, let's take a look

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<v Speaker 1>at other news from around the world. Charlie, thank you

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<v Speaker 1>from the Bloomberg news room. I'm Mark Crumpton. This news

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<v Speaker 1>update is brought to you by the Jeep Grand Cherokee,

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<v Speaker 1>the most awarded suv ever. The Grand Cherokee continues to

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<v Speaker 1>raise the bar with its luxurious interior and legendary or

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<v Speaker 1>Hillary Clinton now has the official endorsement of President Obama.

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<v Speaker 1>The President announced his support for the presumptive Democratic presidential

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<v Speaker 1>nominee in an online video. So I want those of

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<v Speaker 1>you who've been with me from the beginning of this

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<v Speaker 1>incredible journey to be the first to know that I'm

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<v Speaker 1>with her. I am fired up, and I cannot wait

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<v Speaker 1>to get out there and campaign for Hillary. The video

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<v Speaker 1>was released today on Mrs Clinton's Twitter account, hours after

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<v Speaker 1>Mr Obama met with Clinton rival Bernie Sanders at the

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<v Speaker 1>White House. Senator Sanders maintains he's still in the race

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<v Speaker 1>despite growing pressure for him to drop out. How Speaker

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<v Speaker 1>Paul Ryan's outlining a new national security strategy. His proposal

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<v Speaker 1>includes plans to secure US borders by overhauling the immigration system,

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<v Speaker 1>as well as steps to keep out extremists. It's not

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<v Speaker 1>too much to say that our enemies no longer fear us,

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<v Speaker 1>and too many of our allies no longer trust us.

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<v Speaker 1>The three page plan doesn't directly mention Donald Trump's proposal

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<v Speaker 1>to construct a wall along the US Mexico border. A

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<v Speaker 1>mansion built by mob King pen Albert Anastasia and Fort Lee,

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<v Speaker 1>New Jersey, has been sold to an undisclosed buyer. The

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<v Speaker 1>home recently underwent a complete renovation. Anastasia lived there during

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<v Speaker 1>the late forties and fifties. Global News twenty four hours

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<v Speaker 1>a day, powered by our journalists in more than one

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<v Speaker 1>hundred fifty news bureaus around the world from the Bloomberg

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<v Speaker 1>News Room by Mark Crumpton. Charlie, and we thank you,

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<v Speaker 1>and again recapping here, we've got stocks lower SMP five

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<v Speaker 1>hundred index down one tenth of one percent, falling two

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<v Speaker 1>points to sixteen. I'm Charlie Pellett and that's a Bloomberg

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<v Speaker 1>Business Flash. This is taking Stock with Kathleen Hayes and

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<v Speaker 1>Pim Fox on Bloomberg Radio. How do you make your presentations,

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<v Speaker 1>whether they're online in front of an audience large or small,

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<v Speaker 1>how do you make them more effective? Give them a

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<v Speaker 1>more punch. Peopy use power point and some people, some

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<v Speaker 1>audiences say, uh, that's gets kind of boring. Enter Peter r. Vine.

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<v Speaker 1>He is CEO and co founder of a firm called Pressy,

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<v Speaker 1>and he's going to tell us about his new software.

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<v Speaker 1>What he's trying to do is he launches Preisy business.

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<v Speaker 1>And of course this is a guy who started out

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<v Speaker 1>in two thousand and eight, when the toughest times to

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<v Speaker 1>start a business and got it very successfully off the ground.

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<v Speaker 1>And he joins us from Budapest today. Peter, welcome, Thank you.

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<v Speaker 1>So first tell us a little bit about you. How

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<v Speaker 1>you got into this industry, How you got the startup bug? Well,

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<v Speaker 1>I'm an entrepreneur who has been doing internet for the

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<v Speaker 1>last ten years, and there's been a reoccurring topic that

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<v Speaker 1>I've been really interested in. How do you combine storytelling

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<v Speaker 1>and tecknowledging in a way that people can actually make

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<v Speaker 1>better decisions after they've they've heard or looked at a

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<v Speaker 1>story and that that that is the foundation and in

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<v Speaker 1>many ways for pressy as well. Tell us about the

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<v Speaker 1>TED conference and your appearance there in two thousand and nine. Yeah, so,

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<v Speaker 1>TED was among the first investors in in Praise and uh,

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<v Speaker 1>I had only twenty minutes to to pitch the investment

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<v Speaker 1>to Chris Anderson at TED, he's the head curator of

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<v Speaker 1>the organization. He thought that he was going to hear

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<v Speaker 1>a little bit about a product, but my goal was

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<v Speaker 1>to actually, uh build a deeper relationship and and I

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<v Speaker 1>was very happy to shake hands with him at the

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<v Speaker 1>end of the meeting and and have him join this journey.

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<v Speaker 1>So then here we are and you have prais that

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<v Speaker 1>you now have some acuty or sixty million users over

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<v Speaker 1>a million public press around the world. How does pressy work?

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<v Speaker 1>What is it? Yeah? So we've actually gotten even beyond

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<v Speaker 1>those numbers. So se million users have started to use President.

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<v Speaker 1>They've created over two hundred sixty million public presentations that

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<v Speaker 1>they've published on our site. That actually makes this website

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<v Speaker 1>the world's largest publicly available database of presentations. And just

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<v Speaker 1>to give you one more, um, just a sense of

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<v Speaker 1>how big and important this is. Last year, we announced

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<v Speaker 1>the first billion views of these presentations. But in in

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<v Speaker 1>nine months, which this was nine months ago, we announced

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<v Speaker 1>that that's grown with one one point six billion views

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<v Speaker 1>have been generated by these presents. So, um, it's it's

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<v Speaker 1>by now a world changing product in terms of presentations

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<v Speaker 1>and visual communications. Peter, what is zooming user interface and

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<v Speaker 1>how does that play into your battle against those would

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<v Speaker 1>use power point? Right? Well, the traditional presentation to whether

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<v Speaker 1>it is Microsoft power Point or Googles or Apples for

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<v Speaker 1>that matter. Um, they all build on this basic idea

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<v Speaker 1>of the slide and and the slide uh is something

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<v Speaker 1>that actually has thirty years of history to it, and

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<v Speaker 1>and it separates out your ideas on these separate boxes. Now,

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<v Speaker 1>what President does instead is that you can reveal the

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<v Speaker 1>connections between your ideas because you arrange all your ideas

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<v Speaker 1>on wild large canvas, and when you zoom out, you

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<v Speaker 1>can see the big picture, and you can zoom into

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<v Speaker 1>reveal details. And more importantly, when you show the connections

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<v Speaker 1>between the ideas, turns out that people understand and retain

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<v Speaker 1>these ideas much better. In fact, Salesforce a very data

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<v Speaker 1>driven company. They ask audiences stir their present presentations and

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<v Speaker 1>see a thirty percent improvement in audience satisfaction rates and

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<v Speaker 1>crunch Fitness and another company you might know of it,

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<v Speaker 1>it's a gym French As they say that the close

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<v Speaker 1>rates grow with So we think that great communication has

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<v Speaker 1>an effect on the bottom line and that's one of

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<v Speaker 1>the big drivers for presi's adoption. So could you give

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<v Speaker 1>us a specific example maybe, like if you were going

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<v Speaker 1>to give a presentation, what what what a slide would

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<v Speaker 1>look like compared to power point And is it because

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<v Speaker 1>of the zooming the movement? But again if you could,

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<v Speaker 1>if you could give us a specific point so we

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<v Speaker 1>could see in our head how this is different. Yeah,

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<v Speaker 1>so maybe we could do a thought experiment if I

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<v Speaker 1>were to ask you right now to mention just five

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<v Speaker 1>appliances in your kitchen right now that you like, Go ahead, Kathleen,

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<v Speaker 1>We got the clock running. Oh I love the blender.

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<v Speaker 1>That's only one okay, okay, I and then then the

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<v Speaker 1>on the coffee that the special machine. And I love

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<v Speaker 1>my little Viking range. And I love my refrigerator. It's

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<v Speaker 1>a really cool one. And right, okay, the toaster will

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<v Speaker 1>throw that in to make it five great. So I

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<v Speaker 1>guess what you just did now is you imagine your

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<v Speaker 1>kitchen and you looked around and you saw on the

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<v Speaker 1>polendar you have the toaster, but next to it you

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<v Speaker 1>have a coffee maker somewhere. It turns out that this

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<v Speaker 1>ability to connect things not just visually but also in

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<v Speaker 1>relation to each other, what's next to each other, is

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<v Speaker 1>a really important part for our brains to understand and

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<v Speaker 1>retain information. And that is what you can visualize with Pressy.

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<v Speaker 1>So let's say you want to sell a product. Well,

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<v Speaker 1>often you have very interconnect the things that you need

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<v Speaker 1>to explain. And when I'll tell you, Peter, we're going

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<v Speaker 1>to have to interconnect with you in additional time. Right now,

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<v Speaker 1>we've got to draw one under it. Peter r Vys

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<v Speaker 1>the chief executive a co founder of Pressy, the software

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<v Speaker 1>presentation company. This is Bloomberg Radio coming up a new

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<v Speaker 1>book on emerging markets from a man who wrote one

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<v Speaker 1>of the definitive ones, re Cheers. Charmer's back from Morgan

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<v Speaker 1>Stanley to look at the world economy in the rise

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<v Speaker 1>and fall of nations. This is Bloomberg Radio