The Theory of Disruption

With reform, you're always sort of pushing against the grain and people have a status quo bias. And I just try to think historically, like when that sort of bias towards a status quo has been overcome, it's usually some kind of revolutionary ideology. So what we do is maybe a minor league version of what you're getting at, right? And so, and this goes to your examples of like Uber and Airbnb. It's really only the top quartile of the companies that we fund that are going to kind of punch out and do something meaningful.