uber is going to do the same thing with driving, food .elivery, and ai he had to get up and go to workke a car delivered to your office or home? the entire industry we think is going this way. no one wants to install another app right now on their phone, so i think it is a smart move. i don't think it is a sign that they are running out of steam. taylor: on the snap side of things, would you defend the stock at these lower levels after the price reaction today? >> we have a hold on snap. stocks had a great year. we think fundamentally they have really turned around. we thought the selloff earlier today was overdone. it closed down roughly 3%, so we think it kind of came back, but again, fundamentally, we continue to believe in that story and believe they are on the right track. we like facebook better than snap, and we think facebook stock is going a lot higher, so we would prefer owning facebook at current levels. interesting. as we approach earnings season, what do you need to see from the snap side of you to change from a hold to a buy? do you need more confirmation that the filter