There was a specific playbook here too that I don't know if you saw this, the early stage where people would get their friends to invest in the company or some high net worth individuals. Silver Lake did it wrong. Same problem with Tiger. Saks last year when people were moving really fast saying they don't have time for diligence, you're going to lose the deal. We wouldn't play that game because we always run SaaS metrics. But no, we can never do a SaaS investor without SAAS metrics. So there are many companies that are, you know, have unusual business models or maybe they would say something like that. The bad deals would find the

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode