Jason Lampkin

This is our world.

We'll forget, right?

I will say just one thing on the topic.

Look.

Great outcome for the founders, right, on many levels.

Great outcome for early employees.

Not what they thought they'd make in 2021, but a great outcome for Ribbit.

The one thing, in addition to my post, I saw that not too long ago, but a while back, Ollie from Databricks said, which is one of the most successful companies at this strategy, Hubritics, he said, I never wanted to raise more than two years ahead of the valuation I was confident I could hit.

The VC side is, hey, listen, two years, one year ahead for a hot company, two years ahead for a great company, maybe thinking machines 28 years ahead.

I don't know.

But that's a thoughtful response.

Like, if you believe it, did Brex believe they'd be worth 100 billion?

Probably.

I don't know.

I don't know.

But but things were loopy in 2021 and maybe they're loopy in 2026.

If I'm the Brex founders, right, if I'm Pedro especially, we talk about ramp, but we also look at Navon Public, and I have another comp going to Rory's point.

Yeah.

And I'd be like, let's say the three of us were the founders.

I'd be like, Jesus, we have a comp that's basically worth the same as us.