Mm-hmm.

All right? The knife is still...

And you think, "Well, I, I would've paid 430,000 a unit for that four years ago or five years ago, and now I'm buying it for 300.

But how do I know it's not gonna be 250?" In other words, it's hard to really guesstimate where you think things will be, and you don't know how you're gonna make money, so it's a very perturbing time.

So when you can't really understand it, there's no way you can explain it to an investor.

You just have to have somebody that says, "I've invested with you for 30 years.

You made me nothing but money.

Yeah

So tell us about how you were a real estate guy full time and then helped co-found a music festival, a big one, and then sold it to MTV.

Yeah, yeah, yeah.

That probably is the most exciting thing I've raised for, although there's a couple and we'll talk about them today.

But yeah, it's really, this is an interesting story.

So I was working full time in San Francisco at PGM, which is a subsidiary of Prudential Financial on the equity side.

And so like rewind to 2010, right? This is young Chris, like just recently out of college.

And so I worked as an analyst, which, you know, it was a great company, by the way, I really enjoyed it.

And then I went there and I had a great time.