a greatthink it is idea. i had a lot of conversations with steve. of the wonderful qualities of steve is he was incredibly focused. he was really good at saying no. emily: at the time he said we are not ready? john: yes. emily: did he talk to him about tv? what did he say? john: he said he thought he had cracked the code on apple tv. emily: you think he did? john: yes. emily: what are we waiting for. deals with the media companies. venture firms don't merge. they are partnerships. we are always talking to people we think are great about whether or not they would fit on our team. emily: what happened with thomas? did he really want to be ceo? john: if he did, it wouldn't really work. partnerships don't have ceos. beth: we are looking for people all the time. we are recruiting on an ongoing business. john: i want to be clear. he is brilliant. emily: i've heard whispers that you are actively talking to other funds about, maybe the word is not merging but working closely. john: partners lee partnerships and join new partnerships. beth: we are talking to