Yes it might be too low but there is always the possibility to add other layers at a later date.
For example, can go to 30% for a 2 or 3 year commitment, something like that.
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Yeah, that makes sense. Things move so fast in this space that I was thinking 25% would be more of a six month lock up. Then bump it up for a year or more. It is all fluid. If they decide to move forward with it I am sure they will find that sweet spot.
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