>> i think it's important to have a place for people to show up and talk to their neighbors and recorrectd with all those behalf communicated i communities >> i love my city san francisco has a good name my has every cultural in this planet living in san francisco it's a small city 7 by 7 but it's huge. ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> i really like the idea of staying in the neighborhood and living in the mission i've lived here the whole time and the community really stick to it people talk about seattle and portland now they talk about seattle and san francisco. or portland and san francisco but san francisco is definitely on the cutting-edge of the coffee scene in the entire nation. >> there's so many romance in coffee is surrounds the sourcing of that and thinking about where it came from and how and coffee is wonderful. >> i know for a fact i was born to make coffee. i have a notice from the dad let the life i live speak for me and let's have a cup of coffee and talk about it. ♪ ♪ ♪ ♪ now this is the special meeting of the community investment and infrastructure the successor agency to the san fran

>> i think it's important to have a place for people to show up and talk to their neighbors and recorrectth all those behalf communicated i communities >> i love my city san francisco has a good name my has every cultural in this planet living in san francisco it's a small city 7 by 7 but it's huge. ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> i really like the idea of staying in the neighborhood and living in the mission i've lived here the whole time and the community really stick to it people talk about seattle and portland now they talk about seattle and san francisco. or portland and san francisco but san francisco is definitely on the cutting-edge of the coffee scene in the entire nation. >> there's so many romance in coffee is surrounds the sourcing of that and thinking about where it came from and how and coffee is wonderful. >> i know for a fact i was born to make coffee. i have a notice from the dad let the life i live speak for me and let's have a cup of coffee and talk about it. ♪ ♪ ♪ ♪ >> ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ it looks at good and tastes good and it is good in my mouth pretty amazing. >> ♪ ♪ ♪ ♪ ♪ ♪ i am the

>> i think it's important to have a place for people to show up and talk to their neighbors and recorrectwith all those behalf communicated i communities >> i love my city san francisco has a good name my has every cultural in this planet living in san francisco it's a small city 7 by 7 but it's huge. ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> i really like the idea of staying in the neighborhood and living in the mission i've lived here the whole time and the community really stick to it people talk about seattle and portland now they talk about seattle and san francisco. or portland and san francisco but san francisco is definitely on the cutting-edge of the coffee scene in the entire nation. >> there's so many romance in coffee is surrounds the sourcing of that and thinking about where it came from and how and coffee is wonderful. >> i know for a fact i was born to make coffee. i have a notice from the dad let the life i live speak for me and let's have a cup of coffee and talk about it. ♪ ♪ ♪ ♪

clearly, that was artificially inflated and had a wee -- redirection -- recorrection.uestion comes down to -- some of these valuations are high especially on the private market side. you can pinpoint specific companies which i will not do because i think it is impolite. to say that one seems a little crazy. you can see things where private valuations have been much higher than when companies go public. but that means the public market is not being as affected as much. you get those kind of things where you say look, there is clearly some elements of a private bubble. however, the key thing comes down to i think we will see more of these companies that go from zero to one billion members and less than a decade that actually have global impact. emily: are you seeing down -- down rounds. >> not privately yet. >> but we are seeing them publicly. square is going public later this day. -- week. if the ipo the new thing? >> if private market valuations continue the way they are in the later rounds, we will see more of this. the inflection point you see is essentially like pro