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Is There Going to Be a Recalibrating of General Partners?
Do you think there's going to be a reckoning inside adventure firms about recalibrating general partners? 100%. I mean, look, and why? Sorry, just explain why. So I think what's happened is over the last 15 years to become a successful venture investor, you've gotten into the hot deals where valuations are typically climbing up. And that window is now closed.