Twitter, San Francisco, Laura Alber discussed on MAD MONEY W/ JIM CRAMER
That controlling spirits music. Great deal to you. And I know that there are many shoppers who love what you've done. That's Laura Alber. She's the CEO Williamson me up. With eight two year kroth level, this quite extraordinary. Thank you. Thank you so much for having. I appreciate it. When the whole market rolls over like this. You always wanna start searching for the stocks of high quality companies they're being punished for all the wrong beasts Cup just reported. Terrific results, coupled with no China exposure covers there are a lot less connected to the failed. Uber IPO than you might think. That's why I'm glad we're out here in San Francisco this week because there are plenty of technology from the fit the Bill even though their stocks going down companies like Twitter free weeks. Go the social media put fantastic quarter and the stock caught fire yet with the market getting clogged Europe, the stocks pulled back heart. Putting nearly five percent declined today. Does that make sense to view the sell off as a buying up junior system sorted death-knell? Let's say coastal look with Ned seal net is the Twitter chief financial officer get a better sense about the companies do it. And where does headed Mr. Segel? Welcome back dmed money. Thanks, jim. Thanks for being a San Francisco. Okay. Here's what I want you to do simple school. We I want you to put yourself if you possibly. Let's say it's Thursday. It's now been multiple days after the market fell apart. What do you say that people about whether Twitter should have been thrown away with the rest of them? I I started their purpose at Twitter. We're trying to get the whole world to use the service because their topics and events that people care about all over the world that they should come to find out about regardless of what's going on in the world. So the first is that's gonna be our purpose, regardless of what's happening in the economy. But the second is think about digital advertising for about twenty years that market has grown by about twenty percent a year advertisers, want to be able to measure their success even more in downturn than they do in an upturn, and you can imagine that that secular shift or digital advertising that probably continues in any environment. It does seem like even the time. We've known each other I met Jack you went from being I don't know. Maybe we should sample becoming a must buy even when you're launching a new product that's been something consumer product found out. That's right. Not just consumer product companies. But if you've got a movie if you've got a new series on HBO, if you wanna talk to your audience about how you should name a new product Twitter's great place to do that. So we talked to him about launching new products and services, and we talk about connecting with what's happening because when you're on Twitter as a consumer you're looking into an event or topic. And there are brands who want to be a part of that conversation. It's incredible. And then you touch an all those points because we had an instance there speak to the CEO Wendy's on any talked about democracy and action using Twitter and bringing back something that was treasured so chance the rapper tweeted about the chicken ships that Wendy's took away and Wendy's is a terrific example of how Twitter can be used. They're all over the platform. All the time talking to their customers talking to other advertisers other brands, and in this case, there are two million tweets to bring back the chicken strips and they're doing it. That's incredible. Democracy and action. Do you are you gearing up for the presidential election at twenty twenty? I don't know how any of the candidates can get known and the Democratic Party unless they tweet. Well, we're always thinking about elections because although there presidential elections in the United States every four years, they're elections all over the world all the time, and they're really important for Twitter because people want to know what's happening in real time. They wanna be a part of the conversation. They want to hear from the candidates whether the ones with whom they agree or the ones on the other side of the aisle. And so we're working hard to make sure people can trust the information that you can tell who the candidate is we even have at ads Twitter dot com..