Luke Feeney

Well, that depends on your perspective, Matt.

So Terminus has been out from university.

My brother was a researcher, a PhD researcher in computer science in Trinity, and they had an idea around building a very collaborative sort of data structure database and spun out from there.

It kind of came from this very big project called the Global History Data Bank, which is trying to record all of the social and political data sets from all of human history and then provide them in a machine readable format so people can do kind of predictive analytics on history.

And so trying to look at the past and then get long jury trends into the future.

So one of the big ones was the rise of political violence in the United States recently.

So the academic lead made a prediction back in 2010 that there'd be a big uptick in political violence in the United States in 2020, 2021.

So he kind of caught that trend pretty well.

Now, he didn't call the pandemic.

But he was able to pick that stuff out from well-structured, large data that you're able to run machine analytics on.

And that's a big problem in Europe as compared to the United States.

So Stanford, for example, has gone very progressive on that.

So they let them spin out and then expect them to give the money back just in terms of like, you're a billion-dollar company.

Give us a few million there for an endowment.

Whereas Europeans are much more, let's get our 10%.

So we had a negotiation.

We got them down to about 4%.

That's about 2% now.

Oh, wow.

that's fine.