Angel funding. Those are the earliest and smallest rounds. You have series a, later funding of series b, and so on. Generally speaking, series a is still a small round, meant to fund a company for a year, possibly two. Ill give you some context. Zoom, a company we have had on the show, is worth 21 billion now. But its series a, the first round of venture funding, was 6 million. Six. Some kind of Silicon Valley record leading a series a round to a Company Called one pass for 200 million likely the biggest series a in history, the biggest investment the firm has made. One password seems like a promising country. It deals with password management and security. But 200 million . On the first round of Venture Capital . Arun joins the reporters this week. John schwartz of dow jones and katie roof who covers venture journal. One more bit of c this is seriet was 285 million. That was a series c. What are you doing investing 200 million, and you did it with some other investors as well, in a se