cryptocurrencies have caused quite a stir. retail investors have been burned. >> i think whatever is happening in the crypto space is interesting. it will be an interesting phase in the evolution of crypto. i do not think it is affecting sentiment significantly. i think it is quite contained right now. the broader market is seeing a lot of liquidity. the authorities will be there to address any issues. it is quite contained. >> let's head over to the middle east. >> fantastic coverage.

>> president biden and president xi jinping meet for the first time in years. china's economy worsened in october. fed vice chair lael brainard says the central bank should probably reduce the size of this -- of its interest rate increases. first, let's check in on these markets. let's get a macro picture first and foremost. we are looking at some chips

coming off the table. the cpi euphoria back a little bit as we try to read the tea leaves again within the federal reserve. bond yields rising. maybe your decision to be putting money into technology comes off a little bit. the nasdaq off 1.1%. key tech players dialing back by a percentage point. interesting as we start to navigate where the economy is going. within the growth sector as ordering costs rise a little bit. lael brainard making us wonder how faster a pace the rates will be rising in the united states. i want to focus in on china. we are optimistic, not only about the reopening of the chinese economy post-covid, but also about the property sector. the government looking to support of thorn in the side of the economy.

this is an etf that tracks the big internet players in china. two of those managed to power on high after three days. that is a 17% run-up in this particular index overall. ed: we also have to digest a lot of news. one of the biggest headlines. amazon cutting 10,000 staff as soon as this week. the stock bouncing around all over the place. closing 2.3% down. netflix a real outperformer. hedge fund taking a sizable position. a stock that has had momentum of late. etsy, one of the best performers on the s&p 500 getting some love from investors. nike closing down 1.6%. news that it's going its own way into the metaverse and announcing a virtual platform to buy virtual sneakers. never thought i would be saying that on a monday. caroline: i think about virtual sneakers every single monday. clearly the long-term venture, the metaverse.

we want to think about the long-term investment opportunities right now within crypto. many people dialing back that trade at the moment. maybe not ftx. the collapse being felt in the bahamas. police and regulators saying they are working to investigate whether there was criminal misconduct in the collapse of the crypto empire after interviewing sam bankman-fried on saturday. bloomberg has been following the story. give us the latest in terms of the impact, particularly on sam bankman-fried. i understand he sat down with the police on saturday. >> here in the bahamas, authorities have begun investigating sam bankman-fried and ftx, particularly around friday's withdrawals from local investors who at the same time many local investors were able to withdraw the money from the

platform global investors had been shut out and while the company said it had gotten a nod from the regulator to allow for this, the key loophole in regulations here, the regulator said it did not in any way suggest ftx to allow for such withdrawals. this is one of the touching points on the ground as regulators, as well as the bahamas securities division, as well as the police look into the matter. authorities are still investigating. they have not come to any conclusion. if they do, they will make a public recommendation to the prosecutor, who will begin a criminal misconduct probe search ed: that would be my question. what kinds of trouble is sam bankman-fried in in the bahamas? will kind of repercussions does he and ftx face? >> it is a little too soon to tell. it will depend on whether the findings of these investigations suggest he did engage in criminal misconduct.

many investors we have spoken to and there has been reporting on this are feeling in some ways betrayed. some are trying to make sense of the person they either worked with every day or came to trust as he was as he building a community center, beginning the launch of the other ftx headquarters. they are building a new one. many people felt as if there were so many efforts to advance the presence of crypto in the bahamas. spf's reputation certainly runs -- ruined the potential. caroline: a lot of the emotions where you are right now. let's get back to the wider sphere. sonali basak has the criminal that has been all across the criminal probe, but also looking within the sec as well. what about the impact he has lost of the money for others? some big money managers and the u.s. and worldwide. sonali: let's look at the ones

reporting their exposure. gallows capital has up to $45 million worth. a significant amount they say. a large majority of the capital tied to ftx. galaxy digital had $77 million. that was only about 4% of their capital base. they will walk away just fine with a bruise in terms of what they have lost. genesis has been working with dcg and they have $175 million tied to this. this is just starting to emerge. i had a conversation late friday with michael nova gretz of galaxy digital. he expects his former estimation of dozens of hedge funds failing will only start to exacerbate in this type of a market. that brings us to the next point, which is that cz of binance wants to start an industry fund to rescue firms that have exposure to ftx, but perhaps are good projects to be working with.

there were a variety of responses. he had a twitter spaces 'ask me anything' this morning. in terms of what investors were reacting to, you have folks like justin son saying he would be very reticent or not reticent. they would like to echo the recovery fund and help these builders. on the reticent side, you have someone like a peter schiff, who says let's maybe not spend money rescuing projects that should not be saved. he says it is not good strategy to throw good money against bad. now you are coming to see the debate come to play on who gets saved and how. ed: are we in the situation, cz

is positioning himself as the industry savior? sonali: we have him coming out with this industry fund. a question here is who gets saved and who participates in a fund like this. how much money is put into a fund like this. when we were doing all the references on what this looks the most like, whether it is an mf global or a ccm type moment, an idea of an industrywide allow -- bailout of sorts has come up a lot to rescue projects that might have had their money tied up into ftx. otherwise, who would do it at this point? this is not like this is an industry backed by the government. i would say what is becoming very clear is others come into severe financial stress. take blockfi, which had hired a financial advisor to sort this out. caroline: this is the irony because cz is trying to be the white knight. previously it had been sam bankman-fried being the white knight. what of these companies that had

depended on ftx sources for resilience. sonali: on that 'ask me anything' spaces that cz held, he had mentioned he was not reliant on venture capital money. yet you look at all the venture capitals who poured so much money into the crypto space, they may need to figure out their own ways to figure out how to inject more liquidity into some of the companies they're provided funding to because otherwise they may have to take more losses. are some of these saving opportunities coming out of a point of weakness? he did say this morning on the twitter spaces, for some people, this is a good opportunity to buy the suppressed prices and like in the past, this might be an opportunity to buy things during a point in time we may not remember years later, although i can't imagine not remembering. caroline: i think everyone is going to remember the last two weeks. ed: with all the chaos, my mind goes to confusion. you start thinking about regulators. cftc.

how empowering is the negative headlines we have seen to a regulator on how they could act going forward? sonali: i would not get so excited about the power of regulators to move forward so quickly. ftx's u.s. arm had a proposal to change some rules regarding clearinghouse intermediation in the crypto industry with the cftc. clearly the ftx was working with regulators here. regulators might not be so quick to move on certain proposals with that type of mistrust looming in the industry and being so close to the brink of changing rules from some of the major players that is the poster child now of the crypto collapse of 2022. people have lost money at scale here. it is not just a cftc but the sec and other regulators that might move faster to protect consumer funds as they pertain to the united states and where the funds are kept at the end of the day and how importantly -- how they are classified because

no matter what you can put as many protections as you one in retrospect until the industry, ftc and cftc can put definitions on these things which is an issue at play here. it is hard to imagine the regulators moving forward in any meaningful way. ed: a story that has many days to run. coming up, amazon is planning its largest ever headcount reduction as a basis for slower growth. this is bloomberg. ♪ >> the economy does not look

great right now. things are slowing down. you are seeing layoffs in many sectors of the economy. people are slowing down. the probabilities say if we are not in a recession right now, we are likely to be in one soon. my advice to people, be they small business owners or whatever, is take some risk off the table. caroline: amazon founder jeff bezos on cnn earlier talking about the layoffs, and then we learned amazon is planning for its largest ever round of layoffs, cutting up to potentially 10,000 employees. we want to dive in to the current hold back in tech hiring. evaluations with none other than a venture capitalist you know well. founder of one of the largest venture capital firms.

it is times like this we turn to you and your expertise. more layoffs to come? more reticence to invest from a vc perspective do you think? >> i don't think there is reticence to invest from a vc perspective, but there will be more layoffs to come. i think the era of exuberance caused companies to take on a lot of fat. good margins, good cash flows allow people to be sloppy about expense control and what really matters. everything is ok to do because one can afford it. now is a very good time to do that reckoning and fix things. cut off the extra fat. get back to the basics. i do think we will see the best investing in the next decade. ed: you have been in this

industry for 36 years and respectfully, you have seen a few recessions. we keep hearing we are destined for a recession but some of the best companies are born out of recession. do you agree with that? >> i absolutely agree with that. when google and amazon and facebook are cutting out their most advanced projects and their most radical projects, those are the very people who do rate -- great start ups. they believe in starting new companies and those that show up on your radar screen five years from now or our radar screen very soon. caroline: talk to us a little about the area of crypto. the ripple effects that has had and what we are learning in terms of the legacy of a founder. you have invested money within people of course you keep on believing in that individual. how do you know when it is the right time support the plug?

>> that is for every venture capitalist decide for themselves. we don't need to worry about venture capitalists. there is a lot of other people, consumers we need to worry about. i am optimistic with sbf's fiasco that regulators will step up and be much more progressive. i was a little bit optimistic when they imposed a fine on kim kardashian. i think way more enforcement, way more clarity on what regulations are, less fighting between the various agencies doing regulation. i think this is a real opportunity to enable crypto for the real world of business. not the crypto world alone. i separate crypto as crypto for crypto world and crypto for the real world building businesses that will impact what we know as businesses today. i think if the regulators step up as i hope they will this will enable that.

much of the blame can be laid on the sec and others who have not stepped up and provided clarity on what is possible. what is a token, what is a security, what can you do and what can't you do. i think it is a real opportunity and i hope the crumbling of ftx provides pressure to do this on the regulators. ed: cryptocurrency meltdown has dominated headlines. so has president biden's meeting with xi jinping. you told us in june the u.s. and china were heading for a techno-economic war. were you right? >> i have always believed that and i think this is a 20, 30 year perspective. not one year perspective. i totally believe that and it will continue to be the case. but we can compete in a more civilized manner with a clear set of rules of what is acceptable behavior in this.

i think it will help to talk. but we will still be in this battle. the world will be better off if two people are competing with a good set of rules for technology. if the western world wins the technology battle, they win the political and economic battle too. ed: the area you are focused on is climate tech. the latest data showed the third straight quarter drop in vc investment into climate tech. you wrote we are too focused on 2030 climate goals and we need to be more focused on the longer-term 2050 climate goals. how does that drive your investment decisions with startups you are or are not putting money into in that sector?

>> our job is to invest early. when people are requiring $5 or $10 million. the bulk of the deployment comes from technologies. what we invest in should be a prototype, proven technology by 2030 and deployed by 2040 and hopefully fully deployed by 2050. that is the perspective we keep in mind. nothing we invest in gets to liquidity in less than five to 10 years. with that in mind, the current perturbations up and down don't matter as much except to keep these companies funded is what we worry about being more or less conservative. caroline: you have written about the thing you need to be if you are a vc is optimistic. let's finish on an optimistic moment. where are you thinking of allocating money?

which are the areas you think will be the diamonds in the rough in this market where we are worried about the amount of money being put to work? >> the largest investment we have made was in open ai. ai is definitely more transformative than most people imagine. we did that five years ago. that world has accelerated dramatically over the last five years. i am very happy with that. i think it will be a very rich area. it will be more disruptive to incumbents. that is something we need to take advantage of as the disruptors and mostly on the disrupting side but also how to partner with the rate incumbents -- right incumbents to cause change to happen. climate will continue to be a big area. i think the application of ai to health care will be very important. i have talked a lot about that.

i am much more confident that will be disrupted in the way people cannot imagine today in the next decade or so. lots of areas and technology enablers. whether that is ai, 3d printing, computational techniques in general, all leading to very promising areas for textbased -- tech-based investing. >> coming up, apple is working on its next major product, a mixed reality headset. this is bloomberg. ♪ ed: time for talking tech.

apple's mixed reality headset may be a year away, but we have been asking you which company you think wins out in the race to the metaverse. most people responded apple even though meta already dominates the market. it is an interesting one because meta has such a big head start, but you out there think it is apple that is going to win. we have some clues. we think it will have a 3d virtual world according to job postings on apple's site, and a video service is going to be a key feature. sticking with virtual in the metaverse, nike announcing an online store for trading and purchase of virtual sneakers. bear with me on this one. you can go to the platform, and

it is the latest bet from nike's management on the metaverse, all for marketplace on digital sneakers. that is your talking tech. caroline: someone somewhere still caring about the nft's related to it. coming up, a conversation -- let's talk about ftx's sam bankman-fried. we have one of the early investors. what lessons did he learn and why was he convinced? stick with us for it. this is bloomberg. ♪

well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other interests. i guess we have. [both] finch! let's go! oh yeah! it's not the same. what could you do to solve the problem? we could get xfinity? that's actually super adult of you to suggest. i can't wait to squad up. i love it when you talk nerdy to me. guy, guys, guys, we're still in session. and i don't know what the heck you're talking about.

♪

caroline: this is "bloomberg technology." ed ludlow there in san francisco. i am caroline hyde in new york. we want to be discussing how geopolitics is front and center. the g20 is upon us. it appears the u.s. and china relationship is kind of warming up. ed: we are trying to read the markets because the un-, relationship might be a little different from what we are hearing from china and chinese officials. a little red on the board to start the week, but it was actually the u.s.-listed china adrs that did better, outperformed. looking at the golden dragon china index. on camera, there is a warming of relationships. going into this meeting, we were super focused on semiconductors, a lot of policy action is from the u.s. is focused on curbing technology experts, chip exports to china. now, off-camera, we actually got a blunt statement from the chinese ministry referring to

existing u.s. policy that starting a trade war or technology war is not what china wants to be doing. not being in the best interests of the economy. even though we had a public show of affection between the two nations, there is a lot of concern here about what the u.s. is doing to curb technology exports to china. and the tech sector have been hit. it is the clear global laggard. it really lags behind tech stocks not just in the united states, november has been but in europe as well. november has beennovember has been better, a big part of that being the easing of covid policy in china. the issue around curbing chip technology to the united states is top of mind when it comes to the relationship between the two nations, even if the macro or economic picture is improving slightly. caroline: well put. let's go more broad with that relationship.

president biden and xi jinping did meet for about three hours and they did agree on a series of goodwill gestures. but there is still some areas of disagreement take a listen. >> i made it clear to president xi jinping that they had an obligation to attempt to make it clear to north korea that they should not engage in long-range nuclear tests, and that we would have to take certain actions that would be more defensive on our behalf. and it would not be directed at north -- against china, but it would be to send a clear message to north korea. caroline: concerns about north korea, concerns about ukraine, and the ongoing concerns about economic ties. let's get to debbie wu who is typically in taipei. but she is visiting us right now in san francisco. debbie, go back to what seems to

be a real effort from both the biden camp and xi jinping's camp to warm up relations and start ties once again, relationship to be a bit better and progressive. is that going to help the chips act are a little? debbie: perhaps. president biden said he does not see the need for a cold war after the meeting. we have seen over the past few months, as a little bit boring. -- it is also a little bit boring. the u.s. revealed sweeping restrictions to restrict china assets to chip technologies, and washington also wants allies including the netherlands and japan to come on board, to help suppress china's development of a domestic sheep industry at home. as to how this will build up, we need more time to see what happens after biden and xi's

meeting today. president biden and antony blinken are going to china early next year to help resume collaboration on a series of issue including climate change. i think we all have to wait and see. ed: we talked about the on camera relationship between president biden and xi, and then the off-camera statements with china's foreign ministry, but in reality, is that in the background, the united states has been trying to get allies on board to participate in technology export curbs. how do they go about convincing their allies to participate? debby: two things u.s. officials are expected -- two senior u.s. officials are expected to visit the netherlands this month to speak with the dutch counterpart on export control issues, although there is no deal

expected out of this new round of talks. at the same time, american officials have repeatedly said in public that if allies don't come on board and align with the u.s. on the latest export control measures, then what the u.s. has in its toolbox is to ban the sales of foreign for chip production equipment that contains even the smallest amount of american technology to china. that is what the u.s. can do. so clearly, that is an implicit threat from washington that they can certainly coerce or force allies to do something. right now it seems like the biden administration still wants allies to collaborate, rather than single-handedly being forced by the u.s. to go towards that direction. caroline: later this week, we have nvidia with its numbers,

25% of its revenue coming from china, deep relationship there. how much have you seen of the effects so far from the steps taken by the biden administration, and how much of corporate china is speaking out against it? debby: nvidia together with several other chip firms have said that the latest measures will cost them millions if not the lives of dollars in sales. so clearly, they would hope to see a loosening up a restrictions in the future. at the same time, in nvidia's case, they are trying to design a mixed set of products that can sort of meet u.s. export control thresholds, so that way they can continue to do business in china and demise the impact from the latest u.s. rules. caroline: we will be delving into those numbers come the 16th. debby wu, thank you.

meanwhile, back here in the united states, let's talk about a virtual health platform that has raised $90 million. bringing its revenue in excess of 300 million dollars, as it expands care for women in family health. it is a series e. i was lucky enough to catch up with the maven clinic ceo exclusively about how her growing vision for the economy. >> amidst the layoffs and economic uncertainty what we represent in terms of an advancement is not just reducing health care costs, fertility and maturity are some of the top costs at companies, and certainly we have that as part of our value proposition, but really is about investing in diversity, equity, and inclusion. and that is top of mind for employers. if they are looking at where to prioritize, we have a double value proposition as far as cost

reduction and improving. the labor market may be loosening up, but we are still in a time when there has been the lowest rates of female workforce participation in decades. from an inclusion standpoint, i think employers are trying to focus on how to build the strategies. caroline: you don't feel there might be any wavering from a leadership perspective to be thinking about the pendulum swinging, from an economic perspective? >> we have seen a few prospects this year, we're going to pull back a little bit, we will not invest. but when you have to make tough decisions around the labor force and layoffs, you also want to deliver some good news alongside of that, and make sure that you are continuing to build a really strong culture and take care of the people you have. maven is a way to do that, and

enhancing benefits here for working families is certainly one way to do that. even internally for us, it is something that we think about. caroline: talk to us about how you are thinking internally at the moment, your own people. is there a hiring freeze? how are you looking to expand team, or do you have to cut it? kate: we are very fortunate. we are continuing to grow, not quite as aggressively as we would have grown in 2021, and we are looking at where every single dollar is, i think every single business now is sharpening those pencils and ensure that if they are not profitable, that they are on that path, and certainly that your core products are. but for us, we are still in high-growth mode. we are expecting to grow our headcount by 20% next year. not across all teams, but certainly our core product

engineering, technical teams, we will still be hiring a bit. caroline: when thinking about your people and recompense in them, what about exit strategy? you are now worth billions, you are good in terms of money raised. but do you look at the public markets and think, what is our existing energy here? kate: i can tell you i am very happy that we are not a public company right now. [laughs] i think absolutely that that is in our future when it is the right time. i don't think it is an end in and of itself, but for us, we are in the very early innings of innovation in health care, of digital health, of women's and family health. the world needs big, for emily: profit -- big, for-profit

apolitical health care companies , that are deeply focused on underserved populations like we are. we want to stay independent and continue to grow. caroline: the maven clinic ceo. kate ryder there. coming up, we are joined by an early investor in ftx. what is he thinking now? this is bloomberg. ♪ at cdw, we get if your network power goes down, your business goes with it. recording: thanks for calling, we are unexpectedly closed today due to... cdw experts can keep you up and running with an apc smart-ups lithium-ion ups from schneider electric. it offers cloud-enabled remote monitoring and three times the battery life, so you can get the performance and certainty you need to stay open for business. for resiliency at the edge, trust schneider electric and it orchestration by cdw®. people who get it.

>> no one can protect a bad player. to be very frank. if a guy is very good at lying and just pretending to be what he is not, the law is not going to prevent that.

the law can help to reduce that. as industry players, we should be more vocal about it. we should set very strong standards for the industry. caroline: the binance ceo, throwing a little bit of shade there at ftx and other bad actors at theb20 summit. he went on to say that more clear crypto standards are more important than ever. let's talk more. he invested in ftx in 2020 and then went on to raise more money. do you feel -- there is a lot of stillwater to go under a bridge, a lot of learnings to be made, or do you think he is a liar, that in some way he was a bad actor? what do you make of that investment? guest: he got a little over his head, i think. the team was very young, that is the first thing you notice when

meeting people from ftx, all young, inexperienced. sam had worked at a hedge fund and now he was running a $16 billion company hiring people all over the world. that is very tough to manage. you saw ex-mckinsey people, harvard executives, but none of the people were there. there were all young good people who work 24/7. i am not sure if they knew what sam was doing, but it ended up that way, unfortunately. ed: when he sat down with sam and he itched his vision and he decided to invest, what was it about him that pushed you to invest? was if the data, empirical analysis? was it him? sonny: i had met sam once on a call. we spent a lot of time together on that and i spent a lot of time with his team.

the documents they sent me was pretty light for a $16 billion around only 10 slides. that slide said in 2021 they one will do $1.2 billion in revenue, $800 million in net income and only 100 employees. that was a selling point. that was pretty remarkable. what was absent from that deck was any mention of elementia research, or ftx tokens. caroline: what do you feel now? sonny: i feel a little bit -- again, i didn't invest $200 million, only sequoia did. i only have to answer to my wife. i am more upset for the industry , what happened is another black eye. obviously, there were some red flags, but in investing, people go with momentum anyways. he preached himself as a leader of the movement, working with regulators. i went to the ftx conference last year was very

professionally done. ftx was going to invest in my new company. i had trust in them and i loved the team. they were great people and hustling, and unfortunately they lost everything in equity. . it is a shame what happened, but it is more a black eye for the industry. we keep shooting ourselves in the foot. again, bitcoiner did not feel as. the crypto-currencies were fined , it was bad actors doing bad things, which is why bitcoin was created in the first place. caroline: you said ftx is investing in your new company. what was that experience like? there has been remarkable reporting from bloomberg about how that seemed muddied at the time about where the money and the funds were coming from. did you get the money from ftx-related places or institutions? sonny: we never actually got that money, but ftx/alameda, by

the way, is an investor in many companies within the crypto industry. how that unwinds now, we are not sure, and what ftx will do with all of the tokens that they own, if they have to unload them, what happens to the solano market, things like that. i think alameda invested in more companies than ftx. what happens with all of that remains to be seen. ed: heavy had to recalibrate everything you know about the industry? sonny: i have been in crypto for nine years, and we have seen a lot of upside downs. the thing about ftx was that it wasn't widely used by a lot of people, especially in america, it was used by hedge funds, crypto finds offshore that had a great user experience and they are the ones getting hit. i don't see it affecting crypto companies like coinbase, gemini

and others. ftx came out in the last three years. we didn't get a chance to work with them, they came on so fast. unfortunately in the last three years, what has happened in this cycle is all about leverage. that never happened six years ago. it was anything created in the industry, which didn't need to happen. as shooting ourselves in the foot. ed: you talk about how you invested in sbf. do you see vc's canceling meetings now? sonny: the traditional vc's are spooked. the others are not spooked. crypto are not as much because they see this as bitcoin performed well, it was not bitcoin's fall. this was a bad actor. they believe bitcoin will be $100,000 the next three years. they are investing at the same pace. that is their belief in all of

that. traditional silicon valley these are much more hesitant to invest in crypto companies. they're not investing in anything crypto right now. caroline: almost a failure here was the centralization of decentralized crypto. i am interested in, when we see the binance ceo trying to be the new white knight, is that the way in which the industry resurrects itself? another centralized position? sonny: that is the big question and that is the problem, right? binance, funny enough, was the one to three or four years ago that regulators pitted. they were having all the issues with regulators. ftx was new on the scene and trying to become like coinbase and saying, we aren't binance, we are coinbase. so he was always biased with regulators. now he is coming on as this white knight. but he had a lot of history to sort out with regulators, too,

so i don't think they are the savior. the savior is proper governance. getting regulations involved. unfortunately, regulations will probably happen and they will overdo it, which is better than not doing it. i see that coming in the next year or so. caroline: really great to get your professional take. thank you for coming on when he will still be raising money for your own venture. thank you so much. sonny: thank you very much. caroline: come back with your new company. coming the new "black panther" was a big trend online and peters across the weekend were full. we have all the latest data on it. this is bloomberg. ♪

caroline: if you haven't checked out what is trending on twitter, if you failed to notice all the tiktoks and instagram reels around it, you should have known that it was a record picking weekend for the box office. "the black panther: wakanda forever" surpassed all expectations. $180 million in the united states alone, $330 million worldwide. this makes it the best ever opening at the box office for the month of november. 13 in nine if you are looking at opening weekends over all. that stacking it up to how it has helped the likes of shares such as mc. still on the high side as people get excited about us returning to the theaters and getting that popcorn. let's look at where it compares against other marvel franchises. "avengers endgame cleared it up,

$357. that is below the takings of the opening weekend of mcplant itself. nevertheless, a great turnout overall. my key question is, have you watched it yet? ed shy have not yet, but it is on the end list. that does it for this edition of "ron burke technology." on tuesday we will discuss how vcs are because creating evaluations of crypto funds. caroline: check out our podcast because we are everywhere you want to be socially. go to apple, spotify, i hard. from now, from new york, from san francisco, this brave new world of a new tech show, this is bloomberg. ♪

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