Venture Capital
What else? I was based in New York before. Now I’m back and forth, but here, mostly. And just the kind of dynamics of being at the center of Silicon Valley ends up being a different experience. I spent a lot more time, as an angel investor, kind of going out and sort of finding interesting investments, as opposed to… I think here, a lot of them will just kind of come to us. So it’s sort of a different process. But that said, for example, at the seed stage, it’s pretty much a bet on people. That’s 90% of...