senatechat, they don't have a confirmed strategy. and this is something that the company needs to work on. regardless the valuation is just spiraling out of control. >> yeah. so at emergence we focus on business to business companies, enterprise companies and focussed on revenue growth as the primary growth of value which is an early investment started, you know, when we were investing, you know, several million dollars. today it's a $5 billion revenue business. now it's valued at 40 billion, it has real revenues, millions of customers, and real value. i think these companies over time will have to achieve those revenues to justify those valuations. >> intrigued me as box, so i know its been delayed, the ipo is delayed. is that one you'll put in 2015 among the billion dollar valuations and something that goes public? >> it could be one of them. i can't comment specifically on ipos, but it's clearly on a trajectory. it's about $2 murks million run rate business growing 80% year over year. this is a business that could be public in mos