that's where we begin with our next guest, rob sanderson.you make the point you were looking for greater momentum in the recovery and there was a sort of budding enthusiasm for a recovery, yes? >> yeah. this is -- the snap quarter was -- it was basically in line with consensus, mostly inline outlook but big expectations missed rerated up about 90% since the third quarter results. strong market with the s&p up 20%. had big changes early in the year, disruptive for large advertisers. looking to ramp it back up but remember, this is the same medicine that meta took a year ear earlier. revenue declined for meta for three quarters before ramping up slowly that's what snap is hoping for in their future but definitely a disappointment along the way here in q4. >> the skeptics do point to, compared to meta, a lower index to small and medium businesses how much does user growth get you if you don't have the eyeballs >> meta is the best in the business for sure. nothing compares with the reach and ability for meta to drive real business outcomes for s