charles: this is funny on wall street there is saying, bulls make money, bears maersk money but pigset slaughtered. i'm glad it is not just folks on the street. what else do you like here? this market made a huge move. a lot is i i have doctor by the tech names you know inside and out? >> i think when it comes to cybersecurity you're also going to see a lot of that get built into companies own apps. you know, if you go to send money on something like zell, they pop up, are you sure you know this person? you sure you want to send it to them. we're not definitely asking you for money to buy a pup by, right? i think a lot of big financial institutions and social media networks are going to build in better cybersecurity safeguards. to some extent the cybersecurity trade will be baked into some of these companies but it's a space you need to watch because it is definitely, hackers are after your money. charles: have to ask but the world of vc. you and i had discussions about the dearth of ipos. we're starting to see shutdown, spiking up, not a record number but up 60%. what is happening o