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The Importance of Strategic in Climate Investing
Corporates, if I'm not mistaken, usually want to come in later. They don't often come in as early unless they're doing like more of a venture studio setup. It doesn't make me think of we just recently had on Telstra, somebody from Telstra. That was a corporate VC arm of Telstra. And that's a huge purchaser. So by them getting in, they can automatically get traction and get sales. The rationale is pretty clear. A lot of companies are trying to fund solutions that they can eventually acquire or use that will help them adapt to their decarbonization and climate strategies.