I don't have any data, but it might be that Giphy class companies have more or less the same investment share percentage today as they used to before. It's just

I don't have any data, but it might be that Giphy class companies have more or less the same investment share percentage today as they used to before. It's just that the total investment pie grew. There's plenty of useful companies investors put their money in today. Heck, I think now might be the first one in a long while that venture investors put up money for moonshot type of ideas.