Ryan Smith

Mulesoft did it.

And you're able to offer secondary to employees, let a little bit of air out of the bubble and say, hey, let's regroup.

For sure.

I mean, look, there hasn't been an IPO...

Like what Qualtrics would be in the state of Utah, most of our employees haven't gone through that.

And I think that there's way too much pressure built in the system.

And kind of with an economic makeup that we have at Qualtrics where we're cash flow positive, we've always been, it was really nice to be able to say, hey, here's an opportunity to have some liquidity and kind of get acclimated a little bit to what life is going to be like for a lot of people.

Not really.

I mean, you never know what the markets are going to do.

I think that it's been it's been interesting to to watch companies.

I have friends who, you know, called me on Wednesday of the roadshow.

They're going out on Thursday and they don't think they're going to get above their their valuation.

And then on Friday, it's double what they thought.

And then a week later, it's even bigger than that.

And I was like, whoa, here you are on the roadshow.

You're the CEO and you were only 60 percent off.

60% off what was going to happen a week later.

And everyone's trying to say, this is what we're worth.

I was like, you have no idea.

I think, look, we could have raised it a lot more than that, which any great company can if they want to optimize for that.