is expected to slow from 2025 due to measures to cut greenhouse gas emissions and the rising use of e.b.'s there's also the overhang political risk saudi government will continue to control the company given these risks for an institutional have been unwilling to sustain the $1.00 trillion dollar valuation and iran go now has instead that has to rely on local demand this is a huge blow as the i.p.o. was meant to bring in a large pool of quality investors who are also shareholders in a. goes competitors such as royal dutch shell and exxon mobil aramco will not be able to sell shares directly to investors in the us and other markets as the i.p.o. will be restricted to saudis and a select group of 1500 qualified foreign investors permitted by market regulators.

it wasn't just a bad story and i think we learned a lot from this and you know what i mean the old e.b.'s even had this been a national emergency you would have been this was a test to see whether we could actually captivate everybody's attention and the answer is yes we can do that we saved this stupid story and the contraption that couldn't lift. anything and this kid is saying repeatedly it was it was a lie. so i think we learned something. if this if we really put our minds to it we all can be connected the dots i mean. i want to it's interesting in front of me. clearly of bell magazine wrote in his piece balloon boy predicted the entire trash fired world we're currently living in a great title for an article. that basically you could see it was it was as the start of an ongoing operating failure to react skeptically and proportionally to what turns up on our personal screens it was big news before we have the phrase a literal object lesson the commandeering of by burroughs by unchecked in influence i have to ask you do you right away do you remember where you were with when this s

had an article in the journal that talked about how venture capital funds are drying up and you see e.bhanging the game there. maybe it just depends on where you're at. julian: totally depends. in this case people love to eat and have their food brought to their doorstep. that's a business model that hopefully, and we've seen it before in the past, there is a road to profitability x years down the line but they'll have to articulate it. they may get the funding now but the clock is ticking in terms of how you get to profitability. alix: i appreciate it when you two are on the set. i thank you. and in today's women of wall street as we look at women moving and shaping the world of finance we focus on the equality network, 100 women in finance and started out 18 years ago with three women in the new york hedge fund industry and now there are more than 15,000 members worldwide. carol kim is blackstone's head of asian relations and development and she spoke with bloomberg. carol: i think it's great we're working on the pipeline. but this group of women we're introducing in the industry, the