I'm not saying you couldn't raise. The question is could you raise at the same terms? As I understand it, even if your valuation goes up, there's a lot more dem

I'm not saying you couldn't raise. The question is could you raise at the same terms? As I understand it, even if your valuation goes up, there's a lot more demand for more preferential treatment of the shares, etc. A little over a year ago seems to be the recent peak of VC funding and valuations.