[lpolovets]

It's hard to say. If it's literally my first exposure to a company, then probably 80% or 90%. But demo days are more complex. I might see 125 companies pitch on stage and try to follow up with 25 of them. So that's 80% eliminated from the demos. For the other 25 companies, I already know a little bit from their pitch and find them interesting, so I'm not sure how many of them I'd be able to eliminate within 20 minutes. My guess is 25%-50% (of the remaining 25), but it's a wild guess.