Orlando Bravo

Explaining that to the retail channel is going to be absolutely critical.

Think about it, right?

We're investing the capital.

You want to know who you're dealing with.

There's that FOMO, and you have to resist it, especially since there's so much demand for it.

I mean, if you open the floodgates, there is just incredible demand because it's zero going to 15.

And people want actually, and rightly so, individuals to be part of the economy and North American economy, especially in tech and software, where you're targeting smaller companies with owners that can really add value to these companies as an alternative, right?

To just buying the Magnificent Seven forever, which forever won't do as great as they've done over the last five years.

Well, I don't know.

My partners were like, one of them is ripping his eyebrows out.

He didn't understand.

I thought it was a good thing because at some point,

We can't be the only crazy ones doing all these $10 billion deals.

I mean, literally.

Look, this is not new for us, right?

You mentioned this year, Jefferson and Dayforce, they were both around $10 billion announced deals.

But we did Proofpoint at $11 billion, RealPage at $10 billion, SailPoint at $8 billion, Ping and ForgeRock at $8 billion.

I mean, we were just going there because our strategy is to focus on our two core competencies.

One is our team really knows how to buy the best.

The market leader in these categories of apps, infrastructure, and cyber, the number one player.