Q Okay. And why not? It sounds like, I mean, you guys had some success self funding for three years. Um, why not just keep self funding? Why give in and say, okay, we're going to do institutional now after three years.
A Well, it's, um, I mean, it's a good question to ask because the answer is, is not always, um, definitively one way, uh, for anybody, uh, and certainly not only look at different organizations. So, so for us, we took the view that, you know, if we have this access to capital, it means we can accelerate, um, scaling out and scaling up, uh, in a way that we couldn't do without that. So, you know, the good thing about self-funding is that, um, you kind of keep control of, You reduce the, uh, the amount of activity you need to do in fundraising. Uh, the disadvantage is that you, you probably are going to be growing at a slower rate because you just don't have access to the volumes of capital that you might do, do otherwise. So it's kind of a trade off and, and to say, I don't think there's a right answer. Uh, I think it very much depends on both the company and the founders and what they want to do and everything else.
AI assessment note: “access to capital, it means we can accelerate, um, scaling out and scaling up”