This transcript is automatically generated
The car okay this one is one that we've been looking forward to because it's a site that everybody has fun playing major social media sites are playing a key role in this year's presidential election.
-- sure you've heard of Twitter FaceBook but we have the co-founder of a social site that's taking a lead role is here already connecting its users directly with president know.
Obama joining us now in a Fox Business exclusive in.
Co-founder of the super hot -- right now called red -- And you've got something called ask me anything it's that you have famous people jumping on.
And -- asked me anything and the first sitting president to do this.
Is President Obama how -- -- I went pretty well and what was really special was when -- really answer questions he spent about a half now argue he warned the community at a time you know got a lot of things my plates are going up thirty minutes and and -- great job and then a few days later I was -- -- of libertarian candidate for president came on and did 12.
Today the general manager of the Houston Rockets is doing on but it's it's not just famous people.
What's beautiful about B I -- -- format is it also makes the sort of mundane really interest so one of the best interviews was with the New York subway conductors.
And if you're like mean you've wondered what some of those messages on the radio mean as well all kinds of other secrets that you wish you the answer to it was chance for people -- okay.
Now that's fun to do -- it may be some some good way to spend some huge spare time but whenever you have the president of the United States selling.
You can capitalize on it on all kinds of ways how have you.
Capitalize on the president and I know that the subway conductors are fun stuff but when you get the president I mean that's that you -- convert.
In the money you know there there could for -- -- was he was a big moment because it showed the value of it as an interview format.
And I personally would like to see more politicians coming on he -- in the first I hope he's not the last that we've extended an invitation to.
Presidential candidate Romney.
And you know frankly I'd like to see it go down every level of government you know here in New York City we have a sub -- -- I've got -- -- my point -- -- how do you monetize getting the president whenever for example if your book writer if you have the president holding your book and saying this is a good book.
You can capitalize on that how can you do that from a web -- I may not be good enough punch in order figure that out I mean that the big thing for us was it obviously legitimize read it and put on this playing field would like you said Twitter and FaceBook and and -- for us is a big deal.
So you know that that monetization will come but I I don't expect any photos of the president using -- on -- Which are well you you don't know yet but you could have gotten -- -- of of extra people -- -- -- of the president's doing it and if they Houston Rockets -- general manager is doing it and it may really become a great tool.
For people to self promote.
Are you selling advertising power you make money -- -- -- yes yeah at the moment that it sells ads you know like a lot of these social media -- advertising as we make our money.
-- interesting about it is the ads or sort of embedded within the content.
And just in the same way people can vote on links they can also vote on hats in this him with a comment on which they can also comment on -- And really sad -- savvy advertisers actually build discussions -- dialogues.
With the community and it's incredible because people know they're participating in advertising but it's good -- -- they -- -- anyway.
Now you may not be taking sides in presidential election you -- Gary Johnson -- offered time to work.
To Mitt Romney but you are -- assigned to -- -- on some issues like this open issue that that issue whether or not to leave the Internet completely open.
You guys almost more than any other particular institution.
Killed that bill didn't you.
Yet we you know we had you know we're -- -- -- by the way we -- help you should mention what's open Susan Stop Online Piracy Act or is many folks referred to it a Hollywood bail out.
Tens of millions of Americans call their senators and representatives and said no.
And that day that I was here we have thirteen senators turn over to the other side five of whom were actually co sponsors.
-- incredible it was people actually outweighing lobbying dollars.
And you know thanks to some very forward thinking congress people there are some forward thinking congress when it comes to the Internet.
Folks like represented -- we've seen -- leadership in terms of now moving this forward and making it clear don't tread on the Internet.
Alexis -- handing -- of Ravitch.
Ask me anything that's -- -- really interest in concept thank you so much thank you -- let us know what governor Romney says he'll do it because so far President Obama and and being carried on that in your Gary Johnson's comment -- -- good stuff thanks let us know when you go public to thank you.
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