Early Stage Investors - How Do You Deal With That?

IVP has more than 40 years in this game. I'm interested in your perspective of what it's like right now when people are coming to you for a check and how you're treating the earlier investors. How are you seeing that evolve? Who's losing out? Who's winning here, Tom? It's a great question. Our style of investing, we tend to invest in the things that are growing the fastest.