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The Importance of Secondaries in the UK Market
I think part of that is the British versus American thing as well. It's incredible from my standpoint that a lot of what you've described is essentially connected to can investors have a really big exit in the end and therefore accommodate a certain number of failures. I actually got quite a lot of failures, frankly. And founder learnings. So that's a founder that had a business for X many years, didn't succeed great learnings rather than bad founder. Because ultimately that fuels the whole ecosystem that founders believe you can reach the scale where that would be viable. CFOs believe they could be the person that could make that happen and lead a PRC.