Latest / Bloomberg Intelligence / Prezi's Peter Arvai on Reinventing Presentation Software(Audio)

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Prezi's Peter Arvai on Reinventing Presentation Software(Audio) · Bloomberg Intelligence

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  Speaker 1: Broadcasting live to New York, Bloomberg eleventh to Washington, d C,
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  Speaker 1: bloom to Boston, Bluemberg, Well to San Francisco, Bloomberg nine
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  Speaker 1: to the countries, Joe's Exam Channel one nineteen and around
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  Speaker 1: the globe the Bloomberg Radio Plus happened, Bloomberg got gone.
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  Speaker 1: This is taking stock power Point. Power Point presentations can
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  Speaker 1: be the bane of everybody's existence, whether they are held
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  Speaker 1: in conference rooms or in vast concert halls. Power Point, Well,
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  Speaker 1: we've got a gentleman who is the chief executive and
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  Speaker 1: the co founder of r V and he says he
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  Speaker 1: can beat power point. We'll find out. Well, I'm sure
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  Speaker 1: he could improve on it him and help everybody speak
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  Speaker 1: better and more efficiently. Someone who always speaks well and
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  Speaker 1: very efficiently is back Charlie Pellett with the Blueberg Business Flash.
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  Speaker 1: And I thank you very much, Kathleen, thank you. Pim Fox,
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  Speaker 1: the teal, the SMP nestack all declining twenty nine minutes
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  Speaker 1: ago before we wrap things up on this Thursday, June nine.
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  Speaker 1: Right now, we have got the SMP pie fundered in
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  Speaker 1: Nicks holding near a ten month high. Gains in defensive
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  Speaker 1: groups including utilities, and phone companies, offsetting declines in banks
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  Speaker 1: Dow Jones Industrial Average down thirteen points, a drop of
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  Speaker 1: point one percent, and as a stack also down thirteen points,
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  Speaker 1: a drop there of three tenths of one percent. Michael
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  Speaker 1: Purvis his chief global strategist at Wheaton and Company. He
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  Speaker 1: was interviewed this morning on Bloomberg Television. What a way
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  Speaker 1: to contextualize this rally? And I do think we're gonna
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  Speaker 1: have a sprint into the quarters. And as as there's
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  Speaker 1: a beta chase, as as a lot of investors are
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  Speaker 1: under position, they have to catch up. And with new highs,
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  Speaker 1: on momentum and all that. So there's there's a real
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  Speaker 1: scenario here where the the SMP five under would be
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  Speaker 1: up here to date, you know, seven eight nine percent
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  Speaker 1: in some points A lot. Restoration hardware holdings plunging today.
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  Speaker 1: It is down by twenty point seven percent after the
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  Speaker 1: Upscale furniture chain posted a surprise loss. It also cut
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  Speaker 1: its annual forecast and tailored brand shares plunging today, first
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  Speaker 1: quarter profit in sales missing analysts. Tailored is the parent
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  Speaker 1: of Men's Warehouse and joseph A Bank. It shares a
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  Speaker 1: moving lord today as well. Right now, we've got the
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  Speaker 1: tenure up eight thirty seconds, the yield there one point
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  Speaker 1: six seven percent, gold up ninety to twelve seventy one,
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  Speaker 1: a gain of point seven percent, and crude oil lower
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  Speaker 1: vice sixty nine cents fifty dollars fifty five cents for crude.
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  Speaker 1: That is a drop of one point three percent, three
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  Speaker 1: thirty two on Wall Street. Now, let's take a look
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  Speaker 1: at other news from around the world. Charlie, thank you
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  Speaker 1: from the Bloomberg news room. I'm Mark Crumpton. This news
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  Speaker 1: Hillary Clinton now has the official endorsement of President Obama.
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  Speaker 1: The President announced his support for the presumptive Democratic presidential
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  Speaker 1: with her. I am fired up, and I cannot wait
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  Speaker 1: to get out there and campaign for Hillary. The video
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  Speaker 1: was released today on Mrs Clinton's Twitter account, hours after
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  Speaker 1: Mr Obama met with Clinton rival Bernie Sanders at the
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  Speaker 1: White House. Senator Sanders maintains he's still in the race
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  Speaker 1: despite growing pressure for him to drop out. How Speaker
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  Speaker 1: Paul Ryan's outlining a new national security strategy. His proposal
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  Speaker 1: The three page plan doesn't directly mention Donald Trump's proposal
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  Speaker 1: News Room by Mark Crumpton. Charlie, and we thank you,
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  Speaker 1: and again recapping here, we've got stocks lower SMP five
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  Speaker 1: hundred index down one tenth of one percent, falling two
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  Speaker 1: points to sixteen. I'm Charlie Pellett and that's a Bloomberg
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  Speaker 1: Business Flash. This is taking Stock with Kathleen Hayes and
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  Speaker 1: Pim Fox on Bloomberg Radio. How do you make your presentations,
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  Speaker 1: whether they're online in front of an audience large or small,
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  Speaker 1: how do you make them more effective? Give them a
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  Speaker 1: more punch. Peopy use power point and some people, some
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  Speaker 1: audiences say, uh, that's gets kind of boring. Enter Peter r. Vine.
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  Speaker 1: He is CEO and co founder of a firm called Pressy,
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  Speaker 1: and he's going to tell us about his new software.
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  Speaker 1: What he's trying to do is he launches Preisy business.
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  Speaker 1: And of course this is a guy who started out
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  Speaker 1: in two thousand and eight, when the toughest times to
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  Speaker 1: start a business and got it very successfully off the ground.
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  Speaker 1: And he joins us from Budapest today. Peter, welcome, Thank you.
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  Speaker 1: So first tell us a little bit about you. How
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  Speaker 1: you got into this industry, How you got the startup bug? Well,
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  Speaker 1: I'm an entrepreneur who has been doing internet for the
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  Speaker 1: last ten years, and there's been a reoccurring topic that
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  Speaker 1: I've been really interested in. How do you combine storytelling
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  Speaker 1: and tecknowledging in a way that people can actually make
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  Speaker 1: better decisions after they've they've heard or looked at a
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  Speaker 1: story and that that that is the foundation and in
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  Speaker 1: many ways for pressy as well. Tell us about the
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  Speaker 1: TED conference and your appearance there in two thousand and nine. Yeah, so,
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  Speaker 1: TED was among the first investors in in Praise and uh,
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  Speaker 1: I had only twenty minutes to to pitch the investment
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  Speaker 1: to Chris Anderson at TED, he's the head curator of
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  Speaker 1: the organization. He thought that he was going to hear
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  Speaker 1: a little bit about a product, but my goal was
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  Speaker 1: to actually, uh build a deeper relationship and and I
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  Speaker 1: was very happy to shake hands with him at the
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  Speaker 1: end of the meeting and and have him join this journey.
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  Speaker 1: So then here we are and you have prais that
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  Speaker 1: you now have some acuty or sixty million users over
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  Speaker 1: a million public press around the world. How does pressy work?
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  Speaker 1: What is it? Yeah? So we've actually gotten even beyond
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  Speaker 1: those numbers. So se million users have started to use President.
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  Speaker 1: They've created over two hundred sixty million public presentations that
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  Speaker 1: they've published on our site. That actually makes this website
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  Speaker 1: the world's largest publicly available database of presentations. And just
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  Speaker 1: to give you one more, um, just a sense of
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  Speaker 1: how big and important this is. Last year, we announced
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  Speaker 1: the first billion views of these presentations. But in in
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  Speaker 1: nine months, which this was nine months ago, we announced
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  Speaker 1: that that's grown with one one point six billion views
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  Speaker 1: have been generated by these presents. So, um, it's it's
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  Speaker 1: by now a world changing product in terms of presentations
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  Speaker 1: and visual communications. Peter, what is zooming user interface and
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  Speaker 1: how does that play into your battle against those would
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  Speaker 1: use power point? Right? Well, the traditional presentation to whether
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  Speaker 1: it is Microsoft power Point or Googles or Apples for
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  Speaker 1: that matter. Um, they all build on this basic idea
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  Speaker 1: of the slide and and the slide uh is something
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  Speaker 1: that actually has thirty years of history to it, and
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  Speaker 1: and it separates out your ideas on these separate boxes. Now,
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  Speaker 1: what President does instead is that you can reveal the
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  Speaker 1: connections between your ideas because you arrange all your ideas
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  Speaker 1: on wild large canvas, and when you zoom out, you
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  Speaker 1: can see the big picture, and you can zoom into
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  Speaker 1: reveal details. And more importantly, when you show the connections
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  Speaker 1: between the ideas, turns out that people understand and retain
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  Speaker 1: these ideas much better. In fact, Salesforce a very data
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  Speaker 1: driven company. They ask audiences stir their present presentations and
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  Speaker 1: see a thirty percent improvement in audience satisfaction rates and
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  Speaker 1: crunch Fitness and another company you might know of it,
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  Speaker 1: it's a gym French As they say that the close
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  Speaker 1: rates grow with So we think that great communication has
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  Speaker 1: an effect on the bottom line and that's one of
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  Speaker 1: the big drivers for presi's adoption. So could you give
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  Speaker 1: us a specific example maybe, like if you were going
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  Speaker 1: to give a presentation, what what what a slide would
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  Speaker 1: look like compared to power point And is it because
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  Speaker 1: of the zooming the movement? But again if you could,
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  Speaker 1: if you could give us a specific point so we
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  Speaker 1: could see in our head how this is different. Yeah,
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  Speaker 1: so maybe we could do a thought experiment if I
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  Speaker 1: were to ask you right now to mention just five
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  Speaker 1: appliances in your kitchen right now that you like, Go ahead, Kathleen,
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  Speaker 1: We got the clock running. Oh I love the blender.
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  Speaker 1: That's only one okay, okay, I and then then the
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  Speaker 1: on the coffee that the special machine. And I love
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  Speaker 1: my little Viking range. And I love my refrigerator. It's
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  Speaker 1: a really cool one. And right, okay, the toaster will
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  Speaker 1: throw that in to make it five great. So I
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  Speaker 1: guess what you just did now is you imagine your
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  Speaker 1: kitchen and you looked around and you saw on the
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  Speaker 1: polendar you have the toaster, but next to it you
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  Speaker 1: have a coffee maker somewhere. It turns out that this
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  Speaker 1: ability to connect things not just visually but also in
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  Speaker 1: relation to each other, what's next to each other, is
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  Speaker 1: a really important part for our brains to understand and
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  Speaker 1: retain information. And that is what you can visualize with Pressy.
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  Speaker 1: So let's say you want to sell a product. Well,
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  Speaker 1: often you have very interconnect the things that you need
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  Speaker 1: to explain. And when I'll tell you, Peter, we're going
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  Speaker 1: to have to interconnect with you in additional time. Right now,
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  Speaker 1: we've got to draw one under it. Peter r Vys
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  Speaker 1: the chief executive a co founder of Pressy, the software
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  Speaker 1: presentation company. This is Bloomberg Radio coming up a new
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