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Recapitalization - Sideways
Many companies, maybe raised a bunch of money in the past, has existing investors. A lot of them, no inte the lingo,. You'll say they're going sideways. That means they're just, you know, downwards or or just flat lined. And then what do you do with those companies? Real businessis, they've got employees, they got real jobs. But from a venture math perspective, they're not going to generate a large enough exit that's going to move the needle on your fund. The middle is messy and you have to get through it."