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3647.072 - 3666.523 Chamath Palihapitiya

In other words, if the venture fund is producing some big winners, the opportunities fund exists to deploy more capital into those companies. Right. as opposed to a growth fund, which is you'd be underwriting brand new companies from scratch. Typically, an opportunities fund is limited to companies that you're already an investor in through your venture fund. So that makes a big difference.