been outspoken when it comes to a company like facebook bottom line, chris, with some of the ipos, levi strausothers this year, lyft, women you put your capital to work with companies with dual class structures in place? >> well, you're rightly so going to challenge me. on one hand, i am a private equity investor, that's where we're demanding them to issue common stock, not split caps on the other hand, i own the u.s. equity market, so if these shares are listed and part of the broad index, then i am going to own them because i want to own that market as a whole i don't want to own just slices of it. it has to do with an investment philosophy will my active managers buy it, that's an open question. they'll look at the governance, be uncertain about it, and it will raise risk. >> chris, appreciate the time. obviously probably a busy trip as you make your way around london talk soon. thank you. >>> meantime, tension brewing between two of the most influential companies, netflix saying it won't be joining apple's coming tv streaming service, expected to be revealed monday julia boorstin is with u