What's Going on in the Private Markets?

The public markets have been giving off warning signs for months, but companies are prone to put their head in the sand or just keep running off the cliff. Have you been able to see any clear changes in the private markets yet? Last year, clarna, which is a swedish online finance company, in march, was valued at 30 billion dollars,. But three months later, it raised money at forty five billion dollars. So what's going on in the public markets is kind of spilling over into the mentality and thinking of decision making in the private Markets.