joining us to put the environment in perspective is any a's had a tech investing, scott sandel.for being with us today. huge day today, nutanix' surge. talk about tech ipo's. >> it is a great day for tech ipo's. these things come in cycles. in the beginning of a good cycle, you have to have something encouraging for other investors. what happens is the first penguins that drop off the iceberg into the cold water offer something attractive, and they offered an attractive price. that's why these shares surged 131% today. we saw truly elite couple of weeks ago, also a really nice outcome. all the investors and wall street are thinking this is a good time to get back into ipl's. after four or five of these nice things, they will decide they can't afford to live without them. tom: you have been through this many times before. do you think we will get to a situation where the founders and advisers will see these big stock surges, and they will say, we are leaving too much money on the table, we should be bolder and more aggressive? interesting. people often think it's the venture capi