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

in conference rooms or in vast concert halls. Power Point, Well, we've got a gentleman who is the chief executive and the co founder of r V and he says he can beat power point. We'll find out. Well, I'm sure he could improve on it him and help everybody speak better and more efficiently. Someone who always speaks well and very efficiently is back Charlie Pellett with the Blueberg Business Flash.

And I thank you very much, Kathleen, thank you. Pim Fox, the teal, the SMP nestack all declining twenty nine minutes ago before we wrap things up on this Thursday, June nine. Right now, we have got the SMP pie fundered in Nicks holding near a ten month high. Gains in defensive groups including utilities, and phone companies, offsetting declines in banks and raw materials. SMP down three points to fifteen, That

is a drop of two tenths of one percent. The Dow Jones Industrial Average down thirteen points, a drop of point one percent, and as a stack also down thirteen points, a drop there of three tenths of one percent. Michael Purvis his chief global strategist at Wheaton and Company. He was interviewed this morning on Bloomberg Television. What a way to contextualize this rally? And I do think we're gonna have a sprint into the quarters. And as as there's a beta chase, as as a lot of investors are

under position, they have to catch up. And with new highs, you gotta break out, you get you get people jumping on momentum and all that. So there's there's a real scenario here where the the SMP five under would be up here to date, you know, seven eight nine percent in some points A lot. Restoration hardware holdings plunging today. It is down by twenty point seven percent after the

Upscale furniture chain posted a surprise loss. It also cut its annual forecast and tailored brand shares plunging today, first quarter profit in sales missing analysts. Tailored is the parent of Men's Warehouse and joseph A Bank. It shares a

moving lord today as well. Right now, we've got the tenure up eight thirty seconds, the yield there one point six seven percent, gold up ninety to twelve seventy one, a gain of point seven percent, and crude oil lower vice sixty nine cents fifty dollars fifty five cents for crude. That is a drop of one point three percent, three thirty two on Wall Street. Now, let's take a look at other news from around the world. Charlie, thank you

from the Bloomberg news room. I'm Mark Crumpton. This news update is brought to you by the Jeep Grand Cherokee, the most awarded suv ever. The Grand Cherokee continues to raise the bar with its luxurious interior and legendary or by for capability. Drive one that's your local jeep dealer today. Hillary Clinton now has the official endorsement of President Obama. The President announced his support for the presumptive Democratic presidential

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Paul Ryan's outlining a new national security strategy. His proposal includes plans to secure US borders by overhauling the immigration system, as well as steps to keep out extremists. It's not too much to say that our enemies no longer fear us, and too many of our allies no longer trust us. The three page plan doesn't directly mention Donald Trump's proposal to construct a wall along the US Mexico border. A mansion built by mob King pen Albert Anastasia and Fort Lee,

New Jersey, has been sold to an undisclosed buyer. The home recently underwent a complete renovation. Anastasia lived there during the late forties and fifties. Global News twenty four hours a day, powered by our journalists in more than one hundred fifty news bureaus around the world from the Bloomberg News Room by Mark Crumpton. Charlie, and we thank you, and again recapping here, we've got stocks lower SMP five hundred index down one tenth of one percent, falling two

points to sixteen. I'm Charlie Pellett and that's a Bloomberg Business Flash. This is taking Stock with Kathleen Hayes and Pim Fox on Bloomberg Radio. How do you make your presentations, whether they're online in front of an audience large or small, how do you make them more effective? Give them a more punch. Peopy use power point and some people, some audiences say, uh, that's gets kind of boring. Enter Peter r. Vine.

He is CEO and co founder of a firm called Pressy, and he's going to tell us about his new software. What he's trying to do is he launches Preisy business. And of course this is a guy who started out in two thousand and eight, when the toughest times to start a business and got it very successfully off the ground. And he joins us from Budapest today. Peter, welcome, Thank you. So first tell us a little bit about you. How

you got into this industry, How you got the startup bug? Well, I'm an entrepreneur who has been doing internet for the last ten years, and there's been a reoccurring topic that I've been really interested in. How do you combine storytelling and tecknowledging in a way that people can actually make better decisions after they've they've heard or looked at a story and that that that is the foundation and in many ways for pressy as well. Tell us about the

TED conference and your appearance there in two thousand and nine. Yeah, so, TED was among the first investors in in Praise and uh, I had only twenty minutes to to pitch the investment to Chris Anderson at TED, he's the head curator of the organization. He thought that he was going to hear a little bit about a product, but my goal was to actually, uh build a deeper relationship and and I was very happy to shake hands with him at the end of the meeting and and have him join this journey.

So then here we are and you have prais that you now have some acuty or sixty million users over a million public press around the world. How does pressy work? What is it? Yeah? So we've actually gotten even beyond those numbers. So se million users have started to use President. They've created over two hundred sixty million public presentations that they've published on our site. That actually makes this website

the world's largest publicly available database of presentations. And just to give you one more, um, just a sense of how big and important this is. Last year, we announced the first billion views of these presentations. But in in nine months, which this was nine months ago, we announced that that's grown with one one point six billion views have been generated by these presents. So, um, it's it's by now a world changing product in terms of presentations

and visual communications. Peter, what is zooming user interface and how does that play into your battle against those would use power point? Right? Well, the traditional presentation to whether it is Microsoft power Point or Googles or Apples for that matter. Um, they all build on this basic idea of the slide and and the slide uh is something that actually has thirty years of history to it, and

and it separates out your ideas on these separate boxes. Now, what President does instead is that you can reveal the connections between your ideas because you arrange all your ideas on wild large canvas, and when you zoom out, you can see the big picture, and you can zoom into reveal details. And more importantly, when you show the connections between the ideas, turns out that people understand and retain these ideas much better. In fact, Salesforce a very data

driven company. They ask audiences stir their present presentations and see a thirty percent improvement in audience satisfaction rates and crunch Fitness and another company you might know of it, it's a gym French As they say that the close rates grow with So we think that great communication has an effect on the bottom line and that's one of

the big drivers for presi's adoption. So could you give us a specific example maybe, like if you were going to give a presentation, what what what a slide would look like compared to power point And is it because of the zooming the movement? But again if you could, if you could give us a specific point so we

could see in our head how this is different. Yeah, so maybe we could do a thought experiment if I were to ask you right now to mention just five appliances in your kitchen right now that you like, Go ahead, Kathleen, We got the clock running. Oh I love the blender. That's only one okay, okay, I and then then the on the coffee that the special machine. And I love my little Viking range. And I love my refrigerator. It's a really cool one. And right, okay, the toaster will

throw that in to make it five great. So I guess what you just did now is you imagine your kitchen and you looked around and you saw on the polendar you have the toaster, but next to it you have a coffee maker somewhere. It turns out that this ability to connect things not just visually but also in relation to each other, what's next to each other, is a really important part for our brains to understand and retain information. And that is what you can visualize with Pressy.

So let's say you want to sell a product. Well, often you have very interconnect the things that you need to explain. And when I'll tell you, Peter, we're going to have to interconnect with you in additional time. Right now, we've got to draw one under it. Peter r Vys the chief executive a co founder of Pressy, the software presentation company. This is Bloomberg Radio coming up a new book on emerging markets from a man who wrote one

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