The Search Ecosystem Has Exploded

I came at it from a very different perspective because I was in venture, right? I was not paying attention at all to what was happening in the search fund ecosystem. My mindset around this was totally different and sort of thinking about where the gaps were in the investing landscape. And so if you think about what we're doing as as a holding company, there is no fun. Like, there's no fun franchise. So it's not, we're not incentivized to go raise the next fund, raise more funds bigger funds to create the management fee stream. You know, we're just trying to grow equity value of the holding company.

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