coming up, more of george zachary.you to hear more from him. ♪ emily: tomorrow on bloomberg television, blackberry ceo, john chen joins bloomberg go. later that hour, a full breakdown of the latest jobs report. on friday night, a special report, our exclusive conversation with bank of england governor, mark carney. still with me, our guest host, george thackeray, general partner at charles river ventures. i want to revisit our conversation earlier about valuations and where the market is going. you said that there will be some pain. i wonder how does that look compared to 2000? george: on the private market side? it usually trails the public market side by about a year. the summer, august, september, everyone was like, the world is falling. everything has to adjust. now it has been about 1.5 months, but i hear from fellow venture people and founders, they say, that was just a correction. it is back to how it was. it is not really, because public market risk is still there. i think we will see this in the private market