The Importance of Markups

I think it's a myth to think you are that good. I don't think there's any firm at the early stage that is able to dramatically skew their success percentage versus fund great companies and fund companies that don't work out. Each of those three stories you brought up are, you know, special people building today. And it's like, basically special companies. It was almost to a tee, the product that you see at air table today. Plaid was an investment we made in 2012. 11 years ago and ramp was 2018. So five years ago, might have been 19. These journeys take time.