Jakow: There is no way to know which startup is the next ubre or air b and bs angel round series a or series b, at least not with certainty. The syndicate dot com has seen several pre launch start ups command fifteen million to fifty million dollar valuations. Jakow: We are content to sit out these seed rounds and wait to see if the startup gets to product market fit. And just to add, people mentioned to me, and gro ted my friend maxavino, i didn't mention why the valuations were going up.