when i was at paypal, spitzer tried to take it out.or linkedin, spacex, we would not have so many companies that came out of that. that's what happened in the eu. in eu, the regulators were a little more obnoxious and powerful, and there's dozens of companies that would have existed that don't. so the government people, give them a little more power, you can smash these things. there's one side trying to do that. >> what happens to a company like apple and you have to operate in these markets or do you pull out? you can't not operate in these markets given the revenue they're bringing in, but what they are asking you to do is rip apart your system, open it up. and apple's defense is they don't think that's secure. >> no, again, it's not really apple i'm worried about, because they're worth $3 trillion. so if the eu hurts them a little bit, they'll be fine, but with all these rules, the next company competing against apple is smashed. i don't feel badly for these giant tech companies. but i feel badly for the new ones that would have ex