That's correct, because the need was extraordinary. The borders were closed, etc. Most of these companies were pre-revenue. They really needed to continue to operate, otherwise we would have lost that amazing innovation towards commercialization opportunities that we're seeing.
We as a board and management recommended to move forward with this envelope, and I'm really glad we did. The timing was extraordinarily important. We saved many companies, quite frankly, in terms of having that additional stimulus to stay alive during that COVID period.
The CEOs of these companies were extraordinarily concerned, and we reacted. All these companies had been approved. In the case of the company that I was involved with, it was approved in 2017, so all these companies had been approved.
The advice from the legal firm was, “Look, this is a package, this is an operational issue, and this is an approach that we should take. We recommend that this become an envelope to be approved all together.”
That's what happened.