The spack is a very elegant feature, but it wasn't used for growth vehicles. Most the time, it was used to to do a promote, to get people in. The markets tell all. You have guyslike massa in a ober writing a four hundred million dollar check after one meeting of we work. And slaak basically traded at its price for two years. So that's dumb and spot if i took three years to break out. But the real story, if we work, is also the story of spacks. Because the timing became, why would i i'd rather have chamoth as my series person than be a public company?...
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