he has said that he has been compared to [indiscernible] from tiananmen sqaure. you make of why he did that and what it means about him as a leader? >> for investors looking at the company, it is almost like buying a car. china is a rocky road. you need some good shock absorbers. there are lot of things happening in the chinese government. his ability is the company is able to insulate you as much as possible from that. in his mind, they had to do something to take ownership into private hands away from foreign leadership to protect the company. people have questioned whether that is actually the case. it seems the company will buy back in the future. but you seem to be something odd with that. they had to do this to continue the business, the ecosystem. >> i wonder what he feels his responsibility is to investors. it is unusual where they have bought back the shares and to admit to take the company private again. >> yes. the second offering if you will is very different to the first round. in 2007. this is a b2b company. there was more hype driven by retail inve