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In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Yes, via conversionrights at a valuation cap. Yes, via conversionrights at a valuation cap. The State of Flexible VC.
Yuan: For this one if I add one more thing here, it looks like it’s three during pretrial, but you wanted to look the paid conversions, right? This is when the attribution kicks in, right? We’ll call a bandit testing, an adaptive test, and the distribution is changing. Peep: All right.
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