Lucas Swisher

Can this be a $10 billion plus public company?

That bar has changed.

in this new world because we are tackling much larger markets than we used to.

And so now that test is, can you be just an enduring public company?

And that may mean 50 billion of market cap.

It may mean 100 billion of market cap.

It really depends based on the stage.

But really, it's big idea first.

And then is the market absolutely yanking you into that giant market?

Do you feel that market pull such that that revenue curve and subsequently down the line, that earnings path is really achievable?

And so what you need to really believe is like, take this 50 million ARR 5 billion post type company.

You need to believe that someday you can get to 5 billion of revenue with 30% margin minimum growing really fast.

So what does that mean?

I better believe there's 50 billion of revenue to go get.

No, it's really fair.

And again, it's something we think about a lot.

The two things you want to consider when it comes to that, right?

And it's one of the reasons why, again, we love having a flexible mandate.

We are not tied to just being able to do a Series B at 300 post and like that's all we can do is because we can have almost this like rowboat that rows up and down the river.

Anytime we see something opportunistically that we think is the best risk adjusted opportunity at that moment, we can invest.