farhad manjoo calls it is far five.s that good for innovation and the start-up ecosystem for investors like you or is that bad? >> i think broadly we are the back drop to technology. i have been doing this since 1982 back when dinosaurs seemed to roam the earth. the growth and profit potential in technology is phenomenal. devices get better, faster, cheaper, super smart entrepreneurs take advantage of it and figure out new applications to disrupt industry and grow really big businesses. the large cap technology companies today are great examples of that. that's what gets a lot of us up in the morning to try to identify the next generation of those leaders. those are all phenomenal companies you mentioned, very well positioned for the future, have shown ability to have visionary ceos and constantly innovate as public companies which is something that is often underestimated. >> one thing that puzzles me sometimes. these huge tech giants with all this cash are spending money opening up retail stores including bookstores a

farhad manjoo is a tech columnist for the "new york times," who has been closely covering facebook. oins me to talk about this issue, and other questions facing the company's role. farhad, so let's first-- today's news. how significant is this? >> i think it's significant. i mean it's a significant sort of step up in their ability to monitor these videos, and it should help. the way it works is there's lots of videos going on, on facebook all the time. if somebody sees something that looks bad, that looks like it may be criminal or some other, you know, terrible thing, they flag it, and the flagged videos go to these reviewerses, and just having more of these reviewerses should make the whole process faster. it should help. i mean, i think the question is why it took them a year to do this. >> sreenivasan: put the scale in perspective here. if they have 1.2 billion active users a month-- or whatever it is they talk about-- even at one half of 1%, if they wanted to harm themselves and put this on facebook. that's six million people. how do these 7,000 stop that? >> yeah, i mean, the w