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- As I detailed throughout the year, the market environment presented a significant headwind to the Fund’s consistent strategy of investing in high growth, innovative businesses, and, with the clarity of 20/20 hindsight, we made some missteps of our own.
- Shares moved higher in the fourth quarter over investor excitement around several large deals, share gains and accelerated growth rates.
- The company reported revenue growth of 35% year over year in the third quarter, well ahead of expectations, and increased revenue and earnings guidance for the year.