The Young Turks CEO Cenk Uygur talks with Recode's Peter Kafka about running an online media company for young left-wingers. Uygur says the Washington establishment is just now waking up to the power of the internet, but he and his colleagues have been broadcasting live video over the internet since 2005. Cable news is overrated, he explains, because it's on in the background of stores and press rooms and congressional offices — but, he argues, it's also to blame for the rise of Donald Trump and the defeat of Bernie Sanders. Plus: Uygur bets Kafka $100 that, if Sanders runs again he will win the presidency in 2020.

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