why doesn't asia have a john doerr? why is it just about america that we have a john doerr?early america's more entrepreneurial i think than asia and europe. we have a much bigger venture capital world then europe or asia. i think he is a personification of what our venture capital world can do. john doerr is probably the best-known of the venture capitalists in the united states, but you are correct in pointing out there are not similar people in europe or china. tom: thank you so much, congratulations. moments ago, steve was calling a published zero. dominique hoskins doesn't mince words. is this a fed for the front room or will they find some form of steady state? lisa: it is hard to know. you love the fed gaming assets, trying to go back and forth. but the longer term rate is the important thing. how much are people looking at a fed that can give much beyond 3.5%? at what point do we see that terminal rate being unsustainable vs. something that is needed for the inflation that we have? tom: what is credit saying about this debacle of the last two days? lisa: we seen a pr

shery: kleiner perkins chair john doerr on what he calls possibly the worst investment decision of allng elon musk. in south korea, the excitement and loyalty to the company and elon musk avenue reached a new level. let's bring in our report are. why is elon musk and tesla popular among south korean investors? >> tesla is popular among retail investors around the world but in south korea, it is especially so. it is the most popular foreign stock among south korean retail investors. there are many tukey reasons. one is tesla's wild stock ride, roller coaster movements by shares that appear to present them this opportunity to strike it rich. when stocks tumble, they find it a chance to buy and when the stock surges, they see it as a chance to get rich and climb the financial ladder by -- financial ladder by betting sometimes their lifesaving. in the second reason is, we can't talk about popularity of tesla without talking about elon musk. for a lot of investors in south korea, elon musk seemed to be the guy who single-handedly made tesla of today. some of these people followed elon musk