Didn't mean to imply a problem, or a criticism, or anything, really. My prior would be that the public market has really changed in significance for tech. the

Didn't mean to imply a problem, or a criticism, or anything, really. My prior would be that the public market has really changed in significance for tech. the ~900 is the wrong base rate, takes 7-10 years to become IPO eligible, but there were ~100 companies through '08. 0 IPOs after 10 years still seems like a bit of an outlier for a large, unusually successful seed investor.