[mmmmax]

Garry, this is a big fund. What can you do for founders with a large fund that you can't do with a small one?

[garry]

There are lots of small seed funds now! And many of them are new. This way we can lead seed rounds and so when a founder gets our money, they know they'll be done soon (lots of smaller investors will follow on quickly) and will be able to get back to work faster.

Fundraising is always the worst, so anything that helps founders get done faster is the right thing.