i'm pleased to welcome jillian williams was been investing in fintech before it was cool. to say it's always been cool in my heart but tell us about the environment with which you are currently writing checks. seed seems to be an area that is resilient. >> thank you for having me. the seed stage market is more resilient especially compared to the later stage market. all of that trickles down so while i think this is a great time for new founders and new ideas to be built, we have to look at what's happening at the ipo market. we look at the series a markets to understand what is happening. a lot of founders raise money in 2021. because of that, vc's are spending more time with portfolio companies and understanding what's happening with the market now. the valuations we need to be focused on, what metrics that company had and all of that has gone for calibration. that's really important. it has had a trickle-down effect in terms of the seed stage. it's ever more resilient to what's been happening but it's still facing a slowdown across the market. caroline: the one area of