“Starting from January, I've just felt like there's just been this new energy, whether it's in biotech, climate tech, or deep tech, which are the areas that I spend the most time in today at Refactor. But obviously, AI is white hot. It's getting a lot of interest. And there's a lot of inflate evaluations probably on that front as well. But I have seen it come back a lot in the last six months, which has been really positive.”