The companies that are selling want the best price. They're not interested in creating value, generally, in a cheap price. When i find a deal, the targets as ou i'll take a little of your sponsorshirs. And then when they go raise the pipe money, or the additional capital to support redemptions and additional capital, they'll taking a little of the founderships. Dosn't matter. If you think about the fee, it's almost more egregious than hedge funds.

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