VCs are hiring PhDs and building research labs inside their funds

Now all the great ones are doing company creation. And, you know, one fund I'm thinking of, you know, for example, had eight people when we first invested in them, and now they have 10 times that many because they have research labs and they have, you know, PhDs doing lab work inside the fund. I mean, that is super creative and it has paid off. So, you know, that's certainly something. If you get to something that is sort of on the other side, we've got a couple funds that we're in that have really taken this platform idea, and they have created platforms that are that create demonstrable