Do You Have a Strategy?

In the past you have said no to certain investors because you thought they would push you for unsustainable growth or we are. So what is that latest thought so clearly conviction quote unquote runs as one of the things conviction on both sides. Number two another big strategy we have always followed I think which I learned from you which is dilution specific not valuation. What we say that valuation is driven by markets dilution is driven by the founders. Especially if you want to work a long term company you have to chase dilution because valuation is not enough.