the now legendary paypal mafia. now a partner at greylock, hoffman sits on seven boards. he is the author of "the startup of you" and now a new book, "the alliance." our guest today on "studio 1.0" is reid hoffman. reid, thank you so much for joining us. reid: my pleasure. emily: you have no shortage of jobs. why did you write this book? reid: the key thing is, in many circumstances, employers and employees are lying to each other. the notion is the modern career is in fact changing. there are options for shifting companies and how you evolve and even career tracks that are changing. the question is how do you get that investment in the future and entrepreneurial relationship between the employer and the employees? and the short answer is an alliance. an alliance based on tours of duty that are three or five years long. that transforms your career, it makes you employable, and transforms the company. emily: you said people should be honest from the start. how honest should they be? reid: something i learned from one of our executives at linkdin -- when he's interviewing people, bef

market. sales force.com, intel, paypal, fitbit. i have the sneak peek at the tech today. first the king of the cloud sales force and intel's ceo on what they are doing to move beyond the pc. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. on more than just the trashcan. it's the "pungent gym bag stink" neutralizer. and the "prevent mold and mildew on the shower curtain for up to 7 days" spray. it's also the "odor causing bacteria" fighter. and even the "athlete's foot fungus" killer. discover more ways you can use lysol disinfectant spray to help keep your home healthier. dry spray? . . this is great. it's very soft. can i keep it? (laughs) all the care of dove... ...now in a dry antiperspirant spray. janet? don't even think about it. i took mucinex dm for my phlegmy cough. yeah...but what about mike? it works on his cough too. mucinex dm relieves wet and dry coughs for 1

. tonight, a monster line-up from cnbc one market. sales force.com, intel, paypal, fitbit. i have the sneak peek at the tech today. first the king of the cloud sales force and intel's ceo on what they are doing to move beyond the pc. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> while we are out in san francisco it would be crazy not to take a look at salesforce.com. crm, the enterprise software is service company i think of as king of the cloud. last time it reported was in november. it blew away the numbers. since then the stock which has been one of the greatest performers of all time it's fallen out of favor near the 52-week low as the market turned against so-called highly valued stocks even with an amazing story. the company doesn't report its next quarter until three weeks from now. we got a chance to talk about visionary chairman, founder and ceo of salesforce

paypal and funding facebook. he is backing rocket ships, d.n.a. manipulation, and a startup island. he has paid kids to skip college and start companies instead in hopes of reaching a better future pastor -- faster and building flying cars along the way. joining me today, the bold venture capitalist and author of the new book. "0 to 1" what does that mean. peter: it means going to the first car, the first airplane, doing something never done before. it will require us to do new things, to invent new things. what companies have taken us from zero to one? peter: facebook, twitter. emily: you argue we have been in a tech slowdown. have they not been innovative enough? as a society, i would argue we have not done as much as we could have. energy, biotechnology, there has not been as much as one might like. transportation, not moving faster. emily: one thing you tell inspiring -- aspiring entrepreneurs is not to copy larry zuckerberg or steve jobs. why not? page will next larry not be starting a search engine. the next bill gates will not start an operating system. in some sense, you cannot

audacious and contrarian investors. he made his name founding paypal, then funding facebook. he is now backing rocket ships, dna manipulation, meat grown in labs, and a start-up island off the coast. he has paid kids to skip college and start companies instead, in hopes of reaching a better future, faster. and building flying cars along the way. joining me today on "studio 1.0," the bold and controversial venture capitalist and now author of a new book, "zero to one," peter thiel. thank you so much for joining us. peter: thank you for having me. emily: "zero to one," what does that mean? peter: it means doing something new. going to the first typewriter, the first word processor, the first car, the first airplane. doing something that has never been done before. if we are going to take our civilization next level, it will require new things. to invent new things. emily: what companies have taken us from zero to one? peter: facebook with social networking. google in search. emily: and yet, you argue that for the last few decades, we have actually been in a tech slowdown. where are faceb

stock rallied. next, i would have to consider paypal an option. portfolio managers want financials. they wnt financial lite companies like this one or other credit card companies because the sector is awful. dan sculman is doing so much right. after today pay pal's valuation it's cheaper than visa or master card given the faster growth and appeal to millennials. venmo will be the verb for transferring money. the consumer business operations are on track. plus, paypal had a huge cash generation with a $2 billion buy back to give the stock protection but you didn't see it today. plus.com. let me give you ale can he recall -- controversialle one, ford motor. we could get fed rate hikes and housing and employment slow down. i'm shocked at gm or ford to move higher at all. these stocks define the recession thesis. i don't think there is a way out but to sit there, connect dividends and for people who no longer believe the economy is falling off a cliff. ford stock opened up so maybe somebody listened to the interview. finally wells fargo which is a big hedge that allows you to have a chit in

outf craztown ye tonight, a mster line-up from cnbc one market. sales forccom, int, paypal, fiit. i have the sneak peek at t te today first the king of the cld sales force and intel's ceo on what they are ing toove beyond thec. stick with cmer. >> annou >> announcer: don't miss a second of "mad money." have a question? tweet cramer, send jimn e-mail to madmoney@cnbcom or give us call1-800-74cnbc. ss somng? head tdmoneyc.com.sinfectant spray k99.9% of on mort the trashc the "eng st neze d the veold anldewon shower curtn foup to daysra it alse "or causg cterfighte d even the "hletfungus. er more ways you c usota spray , y y? .. this is great.ery it's vft.n i keeps)re dove. ow janecougif you canme. don't even think aboutt. i tookucinex dm for my phlegmy cough. ye...but wt out mike? it w on his ugo. cough! itorks on his cougtoo. mucinedm rand dry urs. t'end is. happy anniversary dinner, darlin' can this muclo be cleaned by a little t of dawn ultr oheah. one ttle has the grease cleaning power of two bottles of thisbargain brand. a drop of dawn and grease is gone woing on my feetll day ga

crush the profitof coans out there. no wonder e stk rallie nexti would have to consider paypal aoption. portfolio managers want financia.they wnt financial lite coies like this one or other creditard companies because the sector is awful. dan sculmais d so ch right. ter today y pal'valuation it's cheap than visa or mast ca given t fasr growth appeal to millennials. venmo will be e verb for trsferring money. the consumer business operions aron track. pluspaypalad auge cash genetion with $2 billion buy back to give theto protection b you dn'see it today. follow angt actionwns us.com. let me give you can he recall -- coroversiae one, rd mor housing d emplment slo wn. i'm shocked gm ford to move higheat all e stocks define the recession thesis. i don'think there a way out but to sit thereconnt divides and foople who no longer believe the economy is fallinoff a cliff. rd stock opened up so mayb somebody listened to the interview. finally wes fargo which is a big hedge that allows you to have a chit inhe higher interest game. that wealth will soa 5% yield around 42, 43 versu e currel

both companies that were split apart. any time there is a change -- >> paypal is a fast growing company. >> yes. >> i want to ask you about bank of america. when you get the financial customers it means it doesn't stop at hr. are you able to integrate the things you do out of bank of america the way you have in morgan stanley. >> we are able to start out with hr and payroll and expand over time. in the case of bank of america, they went live in december. at this point, i think they are happy. i have talked with the ceo who is a fantastic ceo. and their chief administrative officer. if we do a good job for them we have a chance to earn more business down the road. that comes from our focus on customer success. we get kpers live. we get them el into production. they like what they see from us. they have the opportunity to buy more products down the road. >> okay. i want to ask about guidance. some people say there were people with a higher guidance in this. what i earn ed from marc benioff is you have a core business, subscription business that makes it so we shouldn't necessarily

charity trust has a big position in is paypal. they had incredible venmo numbers last night. that's the one. not first data. some are calling it a dead cat bounce. i think we are justifiably no longer in free fall and that's a change of pain of one of the worst starts to a year in memory. there is much more "mad money" ahead. big data changed the way we work. could it change the way we live? the top doc says it could be the answer to living longer. and shares of lux are down year to date. could it be a buying opportunity? i have the ceo and your calls rapid fire in the lightning round. stick with cramer. (gasp) shark diving! xerox personalized employee portals help companies make benefits simple and accessible... from anywhere. hula dancing? cliff jumping! human resources can work better. with xerox. which allergy? eees. bees? eese. trees? eese. xerox helps hospitals use electronic health records so doctors provide more personalized care. cheese? cheese! patient care can work better. with xerox. that's it. "could you double check "scothe envelope?"wins." "best actress, 1984." "and i

charity trust has a big position in is paypal. they had incredible venmo numbers last night. that's the one. not first data. bounce. i think we are justifiably no longer in free fall and that's a change of pain of one of the worst starts to a year in memory. there is much more "mad money" ahead. big data changed the way we work. could it change the way we live? the top doc says it could be the answer to living longer. and shares of lux are down year to date. could it be a buying opportunity? i have the ceo and your calls rapid fire in the lightning round. stick with cramer. >>> if you want to be a great investor you have to know more than just individual companies though that's the bedrock of what we do on "mad money." you need to understand the i'm going to share a photo of my eggo waffle when it pops up. that's so interesting honey because i'm going to share l'eggo my eggo l'eggo my eggo (answering machine) hey! leave a message. hi, i know you're there, 'cause i can see you. i'm calling you to tell you to l'eggo my eggo! anncr: some things are too delicious to share. golden crispy