SUN VALLEY, ID - JULY 7: Marcos Galperin (L), coâfounder and chief executive officer of MercadoLibre.com, attends the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: Steven Swartz, president and chief executive officer of Hearst Corp., attends the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: (L to R) Nancy Aossey, president and chief executive officer of International Medical Corp., and Richard Riordan, businessman and former mayor of Los Angeles, attend the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: Dara Khosrowshahi, chief executive officer of Expedia, Inc., attends the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: (L to R) David Eun, president of Samsung Electronics Global Innovation Center, walks with Tim Baxter, president at Samsung Electronics America, Inc., as they attend the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: Ahmet Muhtar Kent, chief executive officer of The Coca-Cola Company, attends the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: (L to R) Danialle Karmanos and Peter Karmanos, majority owner and chief executive officer of the Carolina Hurricanes hockey franchise, attend the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 7: Marcos Galperin (L), coâfounder and chief executive officer of MercadoLibre.com, attends the annual Allen & Company Sun Valley Conference, July 7, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)