Were at post 9 at the New York Stock Exchange jon fortt is off today joining us out west is general partner paul holland a lot to get to with paul. Good to see you, man first up, we talk snap reporting earnings after the bell dispinlted disappointed on revenue and growth stock is down this morning and currently trading down almost double digits, down 11 earlier today. A lot of discussion about daus not that they just missed but that instagram is able to add so many more to stories in the first half than snapchat has what did you make of the quarter . Well, paul, i think the snap story is fascinating and complicated at the same time i think youve got people here in the valley that are sort of snap owe fish nad yoes and cheerleaders you have folks that are more on the facebook corner. I think what you thought a year ago, maybe even a year and a half ago, you really thought snap had momentum and had a chance to overtake facebook in part of its core audience. I think that whole strategy is
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