The changing landscape of VC

There's new emerging managers out there. We're a small fund. There's a lot of other great small funds. And they're, I think, taking a healthier approach to the founders, like in that service mentality, saying like, asking the right questions, like what I can do to unblock you, or if I invest in you, like promising to help you with your sales or products or designs or all these other kinds of permutations of specific areas of value add, I guess. And yeah, I mean, increasingly I'm seeing those folks in the ranks and it's giving me more optimism. And the way that smaller funds, just to talk my own book a little bit, get compensated is usually through carry.