i was joined by liana baker in new york to discuss the first closely watched ideal of the year. >> itabout a 30% drop and it's all about the timing. came inlion valuation march, 2019. that was before the whole wework debacle and the aftermarket performance of lyft and all these unprofitable internet focused companies that just did not impress public market investors. it make sense that the advisors on the ipo are trying to tell the company look, why don't you have a more conservative valuation? these investors have more scrutiny for these companies. taylor: is this being seen as a bellwether for future tech startups that are trying to go public? >> definitely, we are still in january and is going to be a long year ahead. that first consumer brand name that people know, casper is everywhere. it performs well, it could mean that companies like post mates otherordash and unprofitable names that are known by consumers that advertise a lot, they will see whether it is more about the market for them to also go public. >> so the biggest issue, everyone thinks that they have a website, so now