The pace of deal making is slowed way down because founders know that valuations have gone down. We've done a couple of growth deals recently, and they're both companies we've known for a long time. If you find a great business and you believe in that business over the very long run, you don't need to worry about timing the markets. You put money in that business s, you get a fair valuation for it to day, relative to what it should be priced at its sonWhat 20 p e would be more than fair? Who knows. But like, whatever tat,. whatever that is. It's stepheny a slower period. And if any of them do kind of

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