for more we're joined by dave mcclure as well as dan morgan.ood morning to you both dan, i'll start with you kind of odd this morning seeing the tech's take such a beating compared to the broader s&p and dow and now they are rebounding. what do you make of it >> we swruft had a little bit of profit taking off sell off on friday kind of related to everything going on politically it wasn't related to fundamentals if you look at the technology sector as a whole, trades at about 24 times earnings and we're expecting growth at around 27%. we had a big alibaba came out last week and said they expect 40% to 45% growth in revenues. there's been no change in the fundamentals more of a jittery profit taking session than any change in the core so to speak >> dave, rare investor who will say valuations look really rough. i'm completely staying away. what's your view on this market and effect on the broader innovation eco system. looking to be netflix and apple. >> well, when we're investing we invest into series a and b valuations aren't as crazy then. but