Ten cent owns at 20 % stake in this chinese live touring ap, which is called uan fuda. Uan da had raised four billions from investors. And ten cents the is worth over three billion, or i should say, was worth over three billion. Now it could be worth zero dollars, according to the financial times. Other big players in china's education industry black rock, bally gifford, sequoia china and soft bank. They're all now, i guess, going to have to figure out what do they own and what do their l ps own?