joining us to discuss is jeremy liew, partner at lightspeed. of this new money, how do you find the next snap? jeremy: that is one of the most interesting things is, as consumer technology has really become popular culture, we have seen a lot more of these companies that can become multibillion dollar companies based out of the outside the area. yep snap for example based in l.a., you have giphy based in new york, and those are the two places that have hit historically been -- have historically been where popular culture is created. i think we will see more and more companies created in those places. emily: where do you want to be putting this money? crypto? jeremy: we're continuing to invest heavily in crypto. we have been dedicating quite a lot of capital to that. i think it is hard to say that something is overhyped until you see time pass. there are examples where places had the hype get ahead of the reality. one is around voice space interfaces. although, i think those will be real opportunities as they get further along. emily: you are les

emily: jeremy liew from lightspeed venture partners, great to have you on the show.atch savior will life and we look at health wearable technology. this is bloomberg. ♪ emily: fitbit, apple watch come and broad companies claim to have the potential to detect cancer. wearable health check is moving to the future. enter a smart watch that continually monitors your heart rate and sends or emergency help. still waiting for fda approval when entering a crowded field, apple announced the new apple watch with greater connectivity. some are already tapping into it for medical analysis. ryan, a crowded space, why is this worth the price? >> when you're looking at buying the watch, and apple watch is a device that tracks steps and this effectively has the ability to save your life. it monitors your heart 20 47. ees something out of the ordinary, it will ask if you are ok and the gauge dispatch. we have many using the criteria -- that are using the are person cpr. emily: fda approval, how do you plan to get there? >> we are going through now. the focus has been that we have had