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You are released from...
♪
♪
♪
I, George Walker Bush, do solemnly swear
that I will faithfully execute the office
of President of the United States and will to the best of
my ability preserve, protect, and defend the Constitution.
Tom Cruise and Nicole Kidman caused quite a stir
on Monday when they announced plans to separate.
The couple explained the split was caused
by careers that frequently keep them apart.
The market plunge was sharp and swift.
The Nasdaq was bloody, too, closing below 2
,000 for the first time in more than two years.
Our 40th president, Ronald Reagan, born February 6, 1911,
celebrated his birthday quietly today at his home in Los Angeles.
Well, the tech sector took yet another beating this
week, but there were a few winners, most notably
Landshark, whose stock hit a record high for the fourth straight day.
In just a few minutes, we'll talk to Landshark CEO Tom Sterling.
But in the meantime, Mark Lee, if you would,
tell us just a little bit about this company.
This is an amazing story we're seeing here, Ron.
At a time when the tech sector has been in
virtual freefall, here's a company that's been
public for four days, and it's already up an astounding 500%.
Indeed it has, and we want to talk to Landshark CEO Tom Sterling.
Tom, are you with us?
Can you hear us? Yeah, I'm here. Well, congratulations.
Thanks for joining us.
Appreciate you coming by today.
Thank you for having me. All right, let me ask
you, this is a very difficult market environment.
Can Landshark get the traction it needs?
I think you're missing the point, Ron.
I mean, traction really isn't the issue, because Landshark is not a vehicle.
Landshark is the road itself.
You know, we've seen startups like this one before.
They come out strong, they're delisted before they're even at a lockup.
And that has got to be very, very tough.
Well, that's just business, Ron.
That's what separates the men from the boys.
-Indeed it is. -Tom, congratulations.
We appreciate you coming by.
Thanks for being with us today.
Absolutely.
Anytime.
Well, market confidence in Landshark has been extraordinarily high.
The real question is, where will these guys be six months from now?
We'll be right here.
♪
♪
♪
♪
♪
♪
She's totally a mess, Jeff.
I am so sorry you guys, um, Tom is not much of a morning person.
Help you? I'm more skinny, perhaps, Sharma.
I see you've met my brother Joshua, the
creative genius behind our little venture.
Mm-hmm.
Brad, Jonathan, we've met, of course.
-And you are? -Mason Neuberger.
Nice to meet you.
So...
you're a Unisol.
We're a Landshark. Let's make money.
We were, uh...
We expected a proposal.
Okay, um, there's been a miscommunication.
We apologize, but I think what Tom and I are saying...
We are who we are.
The brand speaks for itself.
Who else are you talking to?
Who are you meeting with?
Well, actually...
I don't see how that's relevant.
Nobody, right?
I mean, nobody of any weight.
Because nobody does what we do.
You know it, I know it, so let's cut the shit.
Without a proposal, without something to take back, well, you can
understand, it's gonna be pretty hard for us to sell this upstairs.
Well, maybe next time we should be meeting with upstairs.
Big words for an M.O.P.
Your lock-up is what?
Standard 180.
He's out September 14th.
So you got four weeks, which, according to
the SEC, means you can't buy, you can't sell.
All your millions, it's all on paper.
Okay, guys, um...
Before we get all heated up...
You want a portal play?
Anybody can give you a portal play, any asshole in an air-on chair.
He's a fucking portal.
That's so third quarter 99.
You want bleeding edge, mission critical,
cross-platform, robust, scalable architectures?
Well, duh.
That's what everybody wants.
What you want is E.
Pure E.
Not e-commerce, not e-business.
Not click and mortar, anything but that.
-E. -Not old, not tired, not stepped on.
Not one gram of E in ten grams of baby laxative.
Pure E.
Josh knows E.
I know E.
That's what Landshark does.
And somehow when E changes, we're there first on the shore, beckoning.
Is there anyone who can aggregate the way we can?
I don't think so, because if there was, I'd be there.
But I'm here.
And that's why you invited me here.
You invited me here because you want in.
Okay.
Fine.
So let's talk numbers.
Our CFO, as you know, is Dylan Gottzertrunk.
Keep Dylan a call, make him an offer.
We'll see if we can accommodate you.
Don't you ever fuckin' apologize ever fuckin' again.
That's not what we do.
Well, I'm so sorry.
Hop in.
Oh, no, I-I told Mo I'd stop home first just to make sure she's okay.
I'll give you a ride.
That's okay. I'll see you back at the office.
What?
Did you hear?
Pseudo.com.
How many they dump?
60, maybe 70 out of 100.
Everyone but the biz devs.
Content shop.
Who do I have?
Schwartzbaum, who called twice.
Andrew Goldman.
Jonathan Gray.
Fuck him.
Laura Wormack, twice.
Kowalski.
Somebody's sitting in my chair.
Don't get all poppy there on me, Tom.
Just don't.
You blew them off.
You had to blow them off, didn't you?
I just did my thing, Mel.
I don't tell you how to do your thing.
I won't have a thing if you keep on
blowing off the people who are trying to hire us.
You've got Snowmark to worry about.
Our plate is full. Our plate is not full.
Snowmark is three months late.
We need that account, Tom.
-We need the money. -Take it, then.
-You want the money? -Take it.
They'll call Dylan, and when they do, take their money.
They'll call.
Trust me. You'll see. Listen to me, Tom.
I've got a bazillion shares of Landshark I can't do anything with.
28 days, Mel.
We come out of lockup in four weeks.
Four weeks from now, if we don't get any
cash coming in, we're going to be underwater.
We IPO'd at 12, shot up to 60.
Last week, we were at 7.
You want to know where we are now?
Two and one-eighth. Oh, we better get to work then.
Can I have my chair back, please?
Hey.
Yeah, you can put it there.
Can you get me a burp pad, please?
Um...
You know what, Josh?
You need to help me unpack this shit.
I can't do it by myself.
I know. I'm sorry. I'll help you unpack tomorrow.
-I promise. -I'll do so if I can.
I can't stay very long.
Is there anything I can do before I leave?
You can give me a kiss.
I...
-It's good. -He, uh, fell asleep.
Do you want to hold him?
Yeah, yeah, yeah.
Do you want your hot chocolate?
Yeah, I'll get it in a sec.
What do you mean, I can't?
I'm just saying. What you're saying isn't can't.
What you're saying is I shouldn't.
And there's a world of difference, though.
Do what you want. If you want the ghost name, go ahead and get it.
I mean, why do you even ask me?
I just want the numbers. Not the moralizing, not the more than I can afford.
Just the numbers.
Maintenance?
With fences? With everything. A million a month.
Give or take, but a million a month.
And what does it cost not to lease the G5?
Did you ever think about that?
Did you ever take that into account?
OK. You're looking at me like, oh, what does this asshole
think, that the bottom never fell out like July never happened?
Well, of course it happened, all right?
Abby Cohn was like, this is great, this is great.
And then she was like, this is overvalued.
But what the fuck, Dill?
What the fuck does that have to do with us?
It's about valuations, huh?
Ellison has a Gulfstream.
Case has a Gulfstream.
Ross has a Gulfstream.
Bezos has a Gulfstream.
Fucking Bezos.
The cost of not having one is the cost of saying to the world that Tom?
Tom's just not in that league.
And what does that cost?
A fuck of a lot more than a million a month.
A million a month can be leveraged.
Being looked at as B-list?
Can't.
Can't.
We're past that point, Tom.
I was right about Unisalt, wasn't I?
They called just like I said they would.
You and Melanie just have to have a little bit of faith.
And this will take more than a smoke and mirrors.
You're not a part of the solution, Dillard.
You're part of the problem.
Am I fired?
Just find a way to do it.
Arbitrage, debt swap, I don't care.
But you want to know something?
You're going to like it.
You're going to like riding in it.
You're going to call me, and you're going to
say, hey, I'm going to take the family to Hawaii.
What do you got, two kids?
Three. I'm going to take the wife and three kids
to Hawaii, and I'm going to say, what, this weekend?
-That's cool. -Why don't you take the G?
And I'll tell you this.
I promise you this.
When you do, once you do, Dil, you're
-Never mind. -Just get it.
Hey.
Sarah?
What are you doing here?
Tom.
Hi.
Hey, Dylan.
Hi, Sarah.
When did you get back in town?
Um, it's just a couple of weeks ago.
I'm taking off, Tom.
I gotta get home.
Nice seeing you again, Sarah.
Welcome back.
Thanks, Dylan. Nice to see you too, yeah?
Yeah.
I was just talking to Keith about picking up a couple of shifts.
See you back then?
Yeah.
Classes start next month, so...
Where you living?
Same place.
How's your brother?
Josh is good.
Yeah, he's good.
Good.
Well, tell him I said hello.
Bye.
I don't know.
What was that?
So what do you want to do tonight?
Taxi!
Good night.
♪
♪
♪
♪
♪
♪
♪
♪
70% of Americans disapprove of President Bush taking a 30-day working vacation.
If the President returns on Labor Day, he
will tie a modern record held by Richard Nixon.
Which celebrities are hitting the headlines?
alcohol addiction in Malibu for 30 days of treatment.
His public defense, he believes, a fuller life awaits him without alcohol.
to be bitter about her break up with Tom Cruise.
Those who die during this crisis, for whatever
cause, come back to life to seek human victims.
Unless their bodies are first disposed of.
Our news cameras...
This one conducted by Sharon...
Thank you.
Josh?
-Yeah? -I'm starving right now.
What are you doing?
I thought you were supposed to be unpacking.
I'm totally unpacking.
Do you want to order some food?
Hey Tom, do you think about what size you want to send to your parents?
What the fuck are these two doing here?
Hey, what are these doing here?
Come on, come on, come on, get them out!
Big ones, little ones, let's go!
They don't do much good sitting here, do they?
Hey, Tom, Charlie Corwin.
Livemusicchannel.com? Yeah, yeah. Fuck that guy.
So, what, a little one, or...?
No, he's through, he's finished.
-Fuck him. -Don't give him shit.
You know what?
Give him a little one, what the fuck.
Because I'm hungry, I was going to go and get
something for me and hang down the street if you want me to.
Dylan, nice couche.
We got problems, Tom.
Joshua's on his way.
Oh, this is important.
Well, let's get started without him.
Josh, so what's all the excitement?
Snow Mark shit the bed.
They haven't filed yet.
The word is out.
And Uniswap pulled their offer.
So where does that put us?
The Nasdaq was down 87 points at opening, and we're doing worse.
We're below dollar.
Josh.
So what are our options?
Cutbacks, layoffs, but then there's the whole perception thing.
Rumors, the sniping, the downward spiral could sink us.
So we're probably looking at another round of financing.
We got an offer from Bart and Ogilvy.
What's the catch?
Second-round financing isn't that easy.
They'll pay market value, but they're gonna want a big piece.
How much do we have to give up?
Percentage, Dillon.
What percentage are we going to have to give up?
Like 50.
So Josh and I, we start this company.
No, we invent this company, and we bring you two in,
and we give you contracts, which we don't even have.
And now you want to let some moneybag fuck us up the ass?
You know, a better time to do this might
have been four months ago, Dil, before July.
Things have changed.
So we lose half our company.
We get greeked up the ass by Barton fucking Ogilvy?
This is no time to be proud, Tom.
No, that's not the play.
That's not the way we're gonna do it.
I'll cash-flow the company myself if I have to.
You're in no position to do that.
You're leveraged to the hilt.
I'll find the fucking money.
You're broke, Tom.
Get the fuck out of my office, Steel.
♪
I just wanted to talk.
You know, someplace away from the office?
Yeah.
Can I get an X-Ball?
Take the last one.
So some shit's been going down.
It's complicated, but I've been thinking about your future.
Oh, nice for me.
Okay, I know you've always been smarter than me.
That's not what's at issue here.
At issue?
What, are we at a court of law?
Why are you telling me this?
I want to let you in on this.
It's an opportunity.
It's not a Landstrike thing.
It's a Brothers thing.
It's a Tom and Josh thing.
-All right. -What do you want from me?
You've always been smarter than me.
You know, the squirrel and the whatever.
You were the one who was prudent.
Tom, what do you want?
Just some working capital.
How much just some working capital?
Just enough to get us through lock-up.
Just enough to get us to the other side.
Wait, you...
I'm going to go ahead and put myself on the hook, personally.
♪
Joshua, you know, when you said thinking about your future, I shouldn't know.
When Tom says thinking about your future, you know what that means?
It means what can I screw you out of today?
Yeah.
Yeah.
You know, you got me all wrong, man.
Oh, no, I don't think so.
You know what?
You're a great designer, man.
You're the best, but this is business.
-This is money. -This is mine.
Hey, you remember when it was just me and you and we
were moving into our first place, the one on Mott Street?
Why do you always bring this up?
You always bring this up. And I said we were gonna need 15 phone
lines, and you laughed, and you went down to 9X, and they said it was
gonna cost $110 a line, plus a deposit, plus it was gonna take five weeks.
Please, why do you always tell this story?
Yeah, and you were gonna wait, and you were gonna pay it.
And I went down there, and they installed them the next day and for free.
Wow.
I know money, man.
And maybe the NASDAQ is up, maybe the NASDAQ is down, but if we
could just make it from here to there, if we could just make it
through this lockup these next few weeks, then there's a fucking
pile of money, man, just waiting for us,
a mountain of it, and we're gonna eat it.
Around everybody else, I got a front, okay?
But with you, I can tell you when I'm in trouble.
And we're in trouble, and you gotta
believe me when I say that we're in trouble.
And we can make it through this, but...
I need your help.
You gotta trust me.
All right, OK.
You know, just because I'm smart doesn't mean I'm stupid, Tommy.
♪
♪
Is there anything I can do?
It's all done.
I'll open the wine.
There's wine open already.
This is a great bottle.
You'll like it. It's a Bâtard Montrachet Grand Cru, 1998.
Am I supposed to be impressed?
It's really good, Dad.
Well, then, perhaps we should save it for a special occasion.
And so they asked me to speak at E-Symposium, which
is quite an honor, because it's considered the most
important North American conference on new technology.
What do you actually do, Tom?
Excuse me?
You.
Land shark.
What do you do?
-David. -I'm serious.
I was there last Friday.
Where was I? Well, how would I know where was I?
Dropped something off for Joshua, and...
You know what I saw?
Oreos.
You know me, Tom.
I see it, I say it.
What I saw was a whole bunch of kids, bright
young kids, and they were all just sitting around.
When they got tired of sitting, which was more often than
not, they'd get up and go to the kitchen and eat some Oreos.
Then they'd go back to their desk, cute little desk from Ikea, am I correct?
And they'd play solitaire.
Solitaire on the computers.
Now, you correct me if I'm wrong.
It's a long day, I give you that.
Ten in the morning till ten at night.
Seven days a week.
But...
Why the hell would somebody give you a million
dollars just to watch you sit around and eat some Oreos?
Dad, add some zeros.
Add two zeros, and that's what we're talking about.
Just because you take your failure and call it success
doesn't mean that you can take my success and call it failure.
Tom. Mom, I'm saying something to Dad, and I'm not finished yet.
Tom, I do not like where this is going.
Mom, I was saying something, and I wasn't finished.
Do you want to hear what I have to say?
Do you want to fucking hear what I have to say?
He just does not get it.
What did you want?
You wanted to change the world, stop the war.
Poetry must be made by all, right?
Don't fucking deny it.
I've seen the bookshelves. I grew up with them.
Cinder blocks,-by-fours, and five copies of Soul on Ice.
You wanted to change the world, and what did you settle for?
Tenure?
You wanted to change the world?
Well, we're changing it. Tiananmen Square, that was the fax machine.
Think what we'll have now that we have the web.
Your guy, what's his name?
The guy that you did the seminar on?
McLuhan, Global Village, right?
Well, we're making it.
We're out there making it every day while you
puff up all smug and proud and self-satisfied.
And then it's like, go tell the maid to dust the Godard posters.
I'm leaving now.
No, Mom, I'm leaving.
Thank you.
Hi.
Hi.
Vaguely familiar. Have we met before?
I don't think so.
Don't, Tom.
I've got to work.
When do you get out of here?
Do you mind if I wait?
It's a free country.
Maybe we can get a bite to eat when you're finished.
I'm broke.
I'll take a number 5 and a number 8, and he'll have it.
Come on, Sarah.
Let me take you someplace nice.
The number 11.
Wasn't that the one you used to get?
The bubba ganoush platter, right?
Just this once.
Yeah, he'll take the number 11 and two Cokes, please.
-Thank you. -Thank you.
So, how are you?
How have you been?
Good, yeah.
Everything's good.
Um, work is good.
My truck is doing great, so...
Work is great.
And how's everything else?
Is there something else?
How are your parents?
How about you?
How was Barcelona?
Oh, it was amazing, incredible.
I mean, the people and the culture and the architecture.
I mean, it was just...
it was fantastic.
And the program was really great, too.
And I got to stay on through the end of July as an apprentice.
Sarah, what happened with us?
Come on, Tom, don't.
I was, um, I was working for this firm that was
designing, like, this massive public housing project.
But, like, with these really beautiful structures.
And, um, and they were incorporating all of these sustainable design concepts.
Stop it, Tom.
Stop what?
You're doing that thing.
What thing?
You know what you're doing.
So thank you for dinner.
It was, um...
It's good to see you it's good to see you too
I missed you.
Sir.
What is this?
It's nice to see you.
Thank you for a lovely evening.
Is that really what this is?
I can't.
-Okay. -Let's just end it.
It's okay.
I get it.
I'm OK.
♪
♪
♪
♪
Hey man.
Hey!
♪
What's up?
What you all looking at?
What's so funny? We were studying our screensaver.
It's really interesting.
I like the logo.
Yeah, we all like our logo.
Yeah, fuck y'all.
Fuck company?
You guys are wasting your time on fuck company?
You're wasting your company time on...
They have this countdown.
Our capitalization, our outflows.
Burn rate.
How many days till the whole run's out?
Yeah, what do they say?
Three weeks.
-Fuck that noise. -Come on.
Get back to work.
Get back to work.
Come on, come on, come on!
♪
♪
Car's here, Tom.
Car?
Car to the center.
Car as in town car.
He forgot.
I bet you he forgot.
Forgot what?
The e-symposium.
That's next week.
This is next week.
And I'm gonna assume, Tom, that the reason you look like
shit is because you were up all night working on your speech.
♪
♪
♪
♪
♪
In 1997, Landshark was two brothers in a dirty old office down in the Bowery.
Today, hundreds of employees in eight cities.
Don't forget to mention me.
Us.
You won't fuck up now, will you?
The stock's a little bit down, but they're not.
While other companies are laying people off, they're actually hiring.
You know the man I'm about to introduce?
♪
♪
♪
♪
Thank you, Jason.
Really?
It's great to be here We get invited to these things
all the time, but we never go but This one is special
Because of you Because of Jason Because the free shrimp
Shrimp pigs in a blanket Those tiny little caviar things on little crackers
But you didn't come here to hear me talk
about snacks in the green room, you came because...
We are at the forefront of a revolution.
a revolution in technology, but also a revolution...
You probably know what I was going to say, so fuck that shit.
What I mean is, if I say what you already know I'm going to say,
then it's like the hamster scurries and scurries and the wheel
spins, and at the end of the day, you know, we're all still in the cage, right?
So, instead of that prepared shit, I'm
just going to tell you what's in my heart.
You know what the problem is with, uh...
with... I-I don't even know what to call it.
With-with our thing?
The problem is, what are we doing?
Are we making the world a less sucky place or more sucky?
How are we, every day, impacting the suckage?
My mom and dad were right.
It pains me to say it, but they were right when they said
that those that make half a revolution only dig their own grave.
Is that what we're making here?
Half a revolution?
What the net is supposed to do, what new
broadband is supposed to do, what digital
whatever is supposed to do is increase freedom, is increase choice.
But what are we offering in the way of choice?
AOL or Earthlink?
Gates or Ellison?
Miller Lite or Coors?
Gore or Bush?
B2B or not B2B?
We make money.
Tons of it.
We help big, greedy advertising agencies sell the useless
products of massive, morally corrupt multinational corporations.
We advise them on how to aggregate eyeballs.
Have you ever seen the beginning of She-Anne Andalou?
You know, with the eyeball and the straight razor?
Because, I mean, pretty much that's what we do.
Fuck you, Tom.
Okay, okay, fuck me.
Fuck me.
But what I'm telling you is the truth, and you know it.
Click-through is over.
Cross-platform is over.
I-whatever is over.
Disintermediation is way over.
Startup is over.
Branding is over.
Convergence is so over.
Dot-com and everything it stands for, over.
So what's left?
What's left is what we do.
What's left is those people who are very, very good at what we do.
You all know people.
They're in your shop.
Who are amazing designers.
Writers in a language that's being invented before our eyes.
I grew up with one.
My brother Joshua.
I can I can charm a VC well on a good day I can
charm a VC but Joshua
Joshua can imagine Joshua
can make something where yesterday there was nothing
And that makes all the difference, doesn't it?
Thank you.
Thank you, and enjoy your lunch.
Tom, I've got to take off.
Have a drink with me first.
Just one.
Oh, yeah, no, I can't.
Marella called.
I've got to...
-Is everything okay? -Yeah, yeah, yeah.
Jacob's just...
he's having a tough time, you know.
He's still colicky, so...
What did you think of the speech?
It was good.
It was good.
It was nice.
Thanks.
Thank you.
We really pulled one out, Tom.
I mean, I was a little worried there for a moment, but we pulled it out.
I was thinking maybe we could just do something quiet, like, um...
like maybe I could cook dinner, and we could just hang out and talk, you know?
Because I had a really good time seeing you the other night.
And, uh...
So just, uh, give me a call back when you get this, okay?
♪
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Hey.
Hey, yourself.
Holy shit!
You did it!
Of course I did it.
I didn't think you would.
What do you mean?
I don't know.
I just, um...
I just thought you were humoring me.
Are you kidding me?
I love it.
I switched over here when they were
working on it because the contractor screwed me.
I have pictures.
You were totally right about opening this up.
Let's in the light.
So do you like it?
It's the...
it's the first thing that I designed that's actually been, you know, realized.
That's the, um, do you want some wine?
I made rabbit.
You're still a vegetarian, are you?
I'm just kidding, I made the sea bass.
You still eat fish, right?
Seems a little hypocritical, though, I mean, like, this
one's all cute and furry, so I'm not gonna eat this one.
It's against my belief system, but that
one, I'll make a little exception for that one.
But, I mean, fish have feelings, too, right?
Sue, can you explain the logic of that to me?
Because I...
I just don't understand.
I'm sorry, were you actually saying something?
I was saying you like the rabbit, remember?
You remember the time with Moe, my brother.
Yes, I do.
You're a dick.
-Wait. -How is it my fault?
Because you could have told me you could have said something.
I didn't have time. You just gobbled that shit right up I thought it was tofu.
I had no idea it was a little bunny rabbit.
You were like damn.
This is some tasty tofu
-Hypocrite. -Prick.
♪
What else?
That's new.
Work stuff really.
Just dealing with Landshark.
And it's going well?
Yeah.
You happy?
Yeah, of course, I mean.
It must be nice to get to work with Josh, right?
And everything seems like it's going really well.
Do you know, last spring, I was on a train to
Madrid, and someone left a magazine on the seat,
and I looked over, and there was your face on the cover.
-Wired. -I hated that picture.
I looked like a total douchebag.
Yeah, you did, but the other...
-I wasn't your... -Oh, come on.
You were doing your picture face with your lips all pouty.
You looked totally gay.
Ha, ha, ha.
The point is the article.
I mean, holy shit.
You did it.
All those conversations that we had, and I remember you saying
that there's no second best in what you and Josh were planning.
No second best? I never said that.
That's the cheesiest thing I've ever heard.
I would never say anything that cheesy.
That is exactly what you said, and you'd totally say something that cheesy.
But that's what I love about you.
You're always with the absolutes.
You did it, Tom.
I'm really happy for you.
It's a cover-up.
Tell me how it feels.
It's not what you think it is, believe me.
Well, tell me what it isn't.
Things have changed since that article was written.
If I could make...
Five months ago when that was written, Josh and I were, uh...
On March 14th, our combined net worth hit $387 million.
But now we're, uh, worth about one one-hundredth of
that, and Landshark has burned through $95 million in
seed money, and we have virtually no revenue to speak of, so...
Basically, we're fucked.
But hey, it was fun while it lasted.
You know, let's not talk about Landshark.
I'm sure everything's going to be fine.
What about you?
What have you been working on?
It's like a house that I designed and it's
in a show and it's opening tomorrow night.
A house?
Yeah, I mean, just like a little house.
Sounds great.
I love a little house. It's from last year.
It's like drawings and a model, but I think it came out really well, actually.
I want to see it.
Okay, tomorrow night, five to seven, there's a reception.
Five o'clock.
I'll be there.
I should go.
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Barton Oakley was here before you were born.
Very...
...reticulate.
talk price.
Some of my clients have already discussed it
with Mr. Sterling directly, but I can tell you
that they're very interested in hearing your proposal.
Oh, maybe you want to talk this over and get back to me.
Just call my office by lunchtime.
But as I said before, if you're not prepared to offer seats on the board,
I just want to be clear on that so we're all on
the same page and we're not wasting anyone's time.
We'll be there.
Tomorrow morning, 9am, we'll be there.
Thank you.
How we doing on that Gulfstream deal?
I'll talk to him
I'll talk to Josh.
Have you seen my brother
♪
♪
Hey, if you're gonna see Josh...
Hey, Josh.
♪
Oh, hey, Tom, you just missed your brother.
Did you tell him I wanted to talk to him?
Yeah, I did.
Check that shit out.
Looks like a big pita.
It's totally absurd, though.
Your house is the best one by far.
Blows these other ones away.
-Please speak. -Please.
I didn't miss a day.
It's five to seven.
I told you.
I'm just gonna hang out with my friends.
Come on, don't be mad.
I'm not.
It's my fault.
I just thought maybe you might have changed.
I was hoping that...
Take care of yourself, Tom.
Okay?
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We need to watch out because usually when he
pees his pants, that's when I pee my pants too.
How's your brother?
Tom?
Um, well, he's Tom.
I don't know.
My special messenger weighs a ton.
It's from Tom, Dad.
I'm gonna go ahead and open it up.
From your friends at Landshark, wishing you the gift of enlightenment.
The gift of enlightenment.
Enlightenment.
Hard to beat.
Oh, it is.
Tom?
How you doing?
We're just taking off, so...
Uh, you know what, Josh?
Why don't you stay? And I'll take Jake.
-No, no. -I think we can, uh...
I think we should go home.
No, really.
Um, we'll hop in a cab.
All right, everybody.
Okay.
Well, I guess I'll be back.
Thank you.
Thank you.
Mwah.
I'm just gonna get Mark here.
I said some words.
Last time I was here, I said some words.
And I said them in anger.
And sometimes anger may not be the
best way to say some things.
I think, David, he's apologizing to you.
Well, I'd need my Dakota ring to figure that one out.
Cut him some slack.
You want the words, I'll say them.
I'm sorry, I apologize, my bad.
Thank you, Tom.
I know how hard that was for you.
And I just want to say that...
-It's okay, Mom. It's okay. -It's okay.
Oh, I also want to say thank you.
Thank you for the, um...
Great.
The crate and what was in it.
I'm glad you all liked it.
How big is it then?
There it is What's like this big?
Okay big like 18 inches Yeah, like a
foot and a half Okay, so not
three feet Not three feet, where would we put a three-foot Buddha exactly?
No, that's see that's not that's not my point That's beside the fucking point.
You see the point is that Tom?
Doesn't give presents.
Okay, everybody gives presents Tom doesn't because it's so
crass, you know, it's so uh, it's so third quarter 99 right
so Tom Instead of giving presents to celebrate Landshark to
celebrate coming out of lockup he gives you But of course
Tom being Tom there's got to be an order, you know A
hierarchy of some sort because how do you know you're in if there's no out?
right so a list Buddha and B
list Buddha All right, Tom
And who are you guys Oh just as mom
just as his dad so B list
I should go.
Joshua, can I give you a lift?
Oh, I'll get a cab.
Come on, let's take a walk.
Come on, Josh.
All right, what do you want?
I don't want anything.
Well, what are we doing?
-Why are we here? -What is this?
A conversation.
Conversation.
down a road, and at the end of that road...
Joshua, will you journal your shares over to me?
Just for a day. Just for a week.
Just sign this piece of paper, and everything will be cool, bro.
Is that...
I just want to talk, Josh.
I just want to hang.
You understand the position I'm in, right?
I'm in the same position.
Not really.
See, for you, this is all a game or something.
But for me, it's different, because I've got Moe and Jake to think about.
I can't afford to be Cavalier.
I've got a fucking baby.
I just bought an apartment.
I've got a mortgage to pay.
And I know that all seems square to you, but it's my fucking life.
Look, what you said at E-Symposium about me
and about what I do, that was really sweet, Tom.
It really was.
But we had a deal.
I do my thing, you do yours, right?
Well, I did my thing.
And you?
I don't know.
I mean, you talk a good game.
You...you understand money.
You understand business a whole lot better than I do.
But where's it gotten you?
Where's it gotten us?
I trusted you, Tom.
It doesn't work, Josh.
What do you mean?
Landshark, as a business model, it doesn't work.
What are you talking about?
The numbers don't add up.
At least not the way we expected them to.
Oh, fuck you.
You're so full of shit.
I know what you think of me, Joshua.
I know that you think that I'm taking advantage of you.
I know that you don't respect me, but you tell
me, you tell me how what you do, what Landshark
does, could possibly make money as a business right now.
You can say whatever you want about me, but I believed in your idea.
I believed in you.
But the financial projections that we made, they were like three years off.
The technology isn't there.
So, our market, it doesn't fucking exist.
That's not my fault.
I'm not saying that it is.
It's just the fucking reality of our situation.
We're no different from any of these dot-coms, Josh.
It's all hype. And where the fuck do you think that hype comes from?
You're right, I spent a lot of money on stupid shit.
But that's what kept us going.
Fumes.
That's what Landshark runs on.
I still believe in Landshark.
And in three, maybe four years, but we're not gonna last that long.
We're not gonna last three weeks if we don't make this deal work tomorrow.
And I need your help.
I need your permission.
Josh, just don't even.
So it was just me and Josh, still living at home if you can believe that.
I mean, Josh was.
So we sat down after dinner.
Nancy and David were up at Lincoln Center.
And we were like, we can do this.
I mean, I was like, we can do this.
Together we can do this.
And Joshua just sort of woke up.
Right before my eyes with the parents up at Ellis Tully Hall.
He just sort of woke up and he said, of course we can.
And so, we get this place on the Bowery.
I mean, not the new Bowery.
It's the old Bowery.
We had rats, big fucking rats the size of cats.
I swear it.
We made our clients out at restaurants for lunch because we
couldn't bring them back to the office because there wasn't an office.
I mean, not really. Can I just get a water?
And this first guy, his name was Goldblatt.
He was like, what can you do?
And I was like, 1.0% reach, $750 uniques.
And he's just, when can you get it up?
And I don't hesitate.
I don't even sweat. I say, week after next, but it's going to
cost you another $25 to squeeze you in before Hardy McNibbon.
Of course, there was no Hardy McNibbon.
You know why people commit to something?
Not because they want to, because ultimately, nobody wants anything.
People commit for one reason and for one reason only.
So some other son of a bitch doesn't get there first.
And that...
Oh, hey, it's Banana Republic.
You know, I don't think I like your tone.
Well, I don't think I'm selling it.
A little late for a working stiff.
What'd you get, pink-slipped?
Matter of fact, I'm with Vom Tresca.
In case you never heard of us, it's the number-one aggregator.
Yeah, yeah, yeah. I remember, way back in
May, you guys had, what'd your press release say?
First-mover advantage, meaning you were the first guys in the niche market.
Only then came July, and guess what?
It turned out the niche didn't really exist, did it?
So you did what everybody like you did.
You said, we're not a niche player, we're B2B.
As if that was gonna save your ass.
I mean, how many people did that same exact thing that week?
No, fuck you. It's a lot more fun to make inventory than to sell it.
A lot easier, too.
How much do you guys spend in a month,
as opposed to, you know, how much comes in?
Or is that old-school accounting?
I said, fuck you.
I heard you the first time.
If I want to say it, I'll say it.
All night, if I want to.
Fuck you. Yeah, fuck you, fuck you, and fuck you.
Do you know why you're even here?
Because we had a dream.
And you did what guys like you always do.
You smelled the money.
You came down, you wanted in.
You wanted to drink the crew.
Not because you love.
Not even because you know what you're doing.
But because this is where the action is.
No, because somebody told you this is where the action is.
You don't know anything about me.
Guys like you ain't got no vision.
Ain't got no passion.
Ain't got no soul.
Hey, let me ask you something.
Do all the flowers and the fancy dinners and the
fact that he's taking cooking lessons make up for
the fact that he's never been able to make you come?
♪
Good morning, Tom.
Nice shiner.
♪
What happened to you?
Somebody obviously had enough.
Hope it wasn't his brother.
Did he speak to Josh?
You did talk to him, didn't you, Tom?
These guys are old school.
They're not going to fall for the sweet talk.
I can handle this, Dylan.
Trust me.
And if they ask you about the shortfall?
I'll let you handle it.
And if they ask about the e-symposium?
I was just shaking things up.
I was trying to inject a little salutary controversy the
way that an oyster needs a small bit of grit to make a pearl.
Believe me, I got this.
Mr. Barton will see you now.
Mr. Ogilvy's with him.
Shall I show you the way?
Thank you.
What a joy.
What a significant day.
The pleasure is all ours.
I'm a busy man, to be sure.
But when the opportunity presents itself finally, to meet
my friends at Landshark, why, we clear our decks, so to speak.
Allow me to introduce my senior partner, Cyrus Ogilvie.
Cy, this is Miss Melanie Hanson.
It's a pleasure.
Mr. Dylan Gottschalk.
Mr. Thomas Sterling.
-E-O.
We're here today to seek a fuller partnership, so that our
futures, our separate but successful futures,
can be bound together.
So that our happiness can become your happiness.
Happiness?
Dear boy, I'm more interested in ROI.
I'm offering substantial happiness.
How substantial?
Very substantial.
Forty percent.
At what price?
Market value.
Circumstances have changed over the past few days, have they not?
That offer no longer stands.
What were you expecting to pay?
Market value does not matter, because your stock trades by appointment.
To sell it, you need a willing buyer, and your stock has no float.
But the real question is the board.
We'll want control.
You're kidding, right?
What do you know about the net?
What do you know about new technology?
Nothing.
Not a fucking thing.
The way people communicate, the way people think, the very
nature of commerce is changing, and you're scared shitless.
You don't understand it.
But you want in.
To be quite honest, Mr. Sterling, we don't like your style.
We don't like the way you conduct yourself.
And though you seem to have fooled a lot of people,
we don't much like the way you conduct your business.
And since we don't particularly want to be in business
with you, you'd have to make it very much worth our while.
I was in Adam's house at Harvard.
So, I made some friends.
Then Wharton.
I made a few more.
And in Southampton, where we summer.
So, on the street, you could say, I have a lot of friends.
And they look to me for my opinion.
When I tell them, I tell them that we've looked
at the Landshark figures and we didn't see a future.
I don't have to say it loudly.
I have only to whisper it.
Do you understand?
By the time your lock-up ends, you will
own 500,000 shares of delisted paper.
You would dump your entire investment because you don't like my style?
Why?
Because I can, Mr. Sterling.
Is that a threat?
That's just business.
It's what separates the men from the boys.
So why am I here?
You're here because we're interested in the
future of Landshark, but we're not interested in you.
There is no Landshark without me.
Au contraire.
By our metrics, your company would be better off.
Mrs. Gilboa will show you out.
Wait.
Don't waste your time or ours.
But if I could just say one thing...
This is not a negotiation, Mr. Sterling.
This is our offer.
Miss Hanson, Mr. Gottschalk, your brother Joshua,
they all stay with the company, and we'll do
everything within our power to keep the stock price high.
You will step down, and you will relinquish all interest in the company.
We will take control of the board, and we will buy
your shares at 15 cents on the dollar, Mr. Sterling.
You can take it or leave it.
We need your answer immediately.
My brother Joshua gets a employment contract.
It's bonuses based on...
Joshua Sterling will be well taken care of.
Okay.
You have yourself a deal.
Oh, I can understand that.
I'm not in this for nothing.
I don't like promises.
Get out of the way.
I despise it.
Yeah.
♪
Aaliyah has been killed in a plane crash in the Bahamas.
Six and quarters
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Oh, nice.
Hey, can I get the next one?
It's gonna be a while.
♪
And maybe we can...
Me and you, maybe we can...
Start.
Bill, you know,
make something.
Uh, like, together?
It's all over, Joshua.
Yeah, let's shoot this one.
Left, left, left.
See?
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