But what is the portfolio's exit strategy? What is the percent of the investments in the portfolio that has been exited and what is the capital returned to GPs? Scaling is great, but after 8 years if you're still talking about revenue growth and not profitability, what are we doing here? The DVP of start ups is outsized return of a handful that far exceed capital losses of even a 90% failure rate. If I wanted a portfolio that simply consisted of companies that didn't fail, wouldn't I just invest in a value segment of publicly traded companies?