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So HW and hard tech is not more capital intensive and it does not take longer to GTM: https://twitter.com/KartheeMadasamy/status/1450541798477086721?s=20&t=o-loLXiecV7DoxxvMayBLw

Evergreen funds are interesting, and can be used as a bludgeon by huge funds to do multistage markups to ensure their own success. On the small scale, I haven't thought about their efficacy, but I'm drawn to the model too. But time to market and exit shouldn't be one of them.

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