Q The math just, like, the math doesn't work, right?
A Yeah, it doesn't. But, and, and, and I think there has been a correction, so the correction evaluation started with the, the super late stage stuff, because what happened is the, the crossover investors who had come into the market, like the Tigers and so on, They just got their faces ripped off, so they basically just got out of the market, and so the super late stage rounds is where liquidity just dried up, and then it started trickling down, and so, you know, first Series C was hard, and then Series B got hard. I mean, everyone who's kind of around earlier can look forward and see, oh, wait a second, there's no one to market my deal anymore. I better be, like, really conservative.
AI assessment note: “Yeah, it doesn't. But, and, and, and I think there has been a correction”