{"id":5066,"date":"2026-11-04T15:02:00","date_gmt":"2026-11-04T09:32:00","guid":{"rendered":"https:\/\/indiakarobar.com\/blog\/?p=5066"},"modified":"2026-11-04T15:02:01","modified_gmt":"2026-11-04T09:32:01","slug":"smart-capital-vs-lazy-money-startups","status":"publish","type":"post","link":"https:\/\/indiakarobar.com\/blog\/smart-capital-vs-lazy-money-startups\/","title":{"rendered":"Smart Capital vs. Lazy Money: Why Strategic Mentorship Matters More Than Just a Check"},"content":{"rendered":"<body><div class=\"pvc_clear\"><\/div><p id=\"pvc_stats_5066\" class=\"pvc_stats total_only  \" data-element-id=\"5066\" style=\"\"><i class=\"pvc-stats-icon small\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/indiakarobar.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=\"0\" loading=\"lazy\"><\/p><div class=\"pvc_clear\"><\/div>\n<p class=\"wp-block-paragraph\">For first-time founders in India, closing an investment round is often celebrated as the ultimate milestone. The moment an investor agrees to wire funds, entrepreneurs pop champagne, issue press releases, and post celebratory updates across social media. Securing capital feels like absolute proof that your vision is validated and your business model is destined for success.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, as experienced founders soon discover, money itself is a commodity. Bank accounts do not build distribution networks, untangle complex regulatory hurdles, or open doors to enterprise clients\u2014people do. In the fast-moving Indian business landscape, who sits on your cap table and board of directors matters just as much as the amount written on the investment check.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the difference between <strong>smart capital vs lazy money startups<\/strong> is a critical decision point for any entrepreneur preparing to raise seed, angel, or Series A funding. Choosing the right strategic investment partner transforms a simple cash infusion into a powerful growth multiplier for your company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Core Difference: What Is Smart Capital vs. Lazy Money?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To choose investment partners wisely, founders must clearly define what sets active strategic capital apart from passive financial checks.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. The Definition of \u201cLazy Money\u201d<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Lazy money refers to investment capital that brings pure financial cash without any accompanying strategic value, industry networks, operational guidance, or active mentorship. Passive investors write a check during a funding round, expect quarterly financial reports, and otherwise remain completely silent until things go wrong.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While passive money might sound attractive to founders who desire absolute operational freedom, it offers zero defense when your business encounters unexpected scaling walls, key employee exits, or regulatory shifts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. The Definition of \u201cSmart Capital\u201d<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Smart capital comes from investors who bring deep industry domain expertise, high-level corporate connections, operational playbooks, and personal commitment alongside their capital. These investors treat your company as a long-term partnership rather than a portfolio line item.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Evaluating <strong>smart capital vs lazy money startups<\/strong> through an operational lens reveals that smart investors shorten your execution learning curve by years, preventing costly strategic mistakes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4 Core Columns of Strategic Investor Value<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When evaluating institutional VCs, family offices, or angel investors, look for value across four distinct operational pillars:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pillar 1: High-Trust Commercial Customer Intros<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A true strategic investor picks up the phone and introduces your sales team directly to C-level executives at target enterprise accounts, national distributor networks, or regional retail chains. A single warm introduction from an investor can collapse a 6-month enterprise sales cycle down to two weeks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Evaluating prospective investors through the lens of <strong>smart capital vs lazy money startups<\/strong> ensures that your sales team gains direct introductions to key enterprise buyers. Choosing partners who understand <strong>smart capital vs lazy money startups<\/strong> guarantees that your company receives active commercial support rather than passive financial updates.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pillar 2: Follow-On Capital &amp; Institutional Syndicate Building<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Top-tier smart investors do not just invest in your current round; they actively pitch your company to larger downstream venture funds for your next Series A or Series B round. Their reputation and market standing act as a stamp of institutional quality that lowers friction for future fundraising.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analyzing your fundraising strategy through <strong>smart capital vs lazy money startups<\/strong> highlights how strategic lead investors help secure future downstream rounds. Prioritizing <strong>smart capital vs lazy money startups<\/strong> gives your company the backing of respected venture partners who actively syndicate follow-on investments.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pillar 3: Executive Talent Acquisition Moats<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Hiring VP-level technology, sales, or finance leaders for an early-stage startup is notoriously difficult. Strategic investors leverage their personal networks, executive recruiters, and industry credibility to convince proven leaders to join your team.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pillar 4: Crisis Management &amp; Boardroom Mentorship<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">When market conditions turn rough or key customer contracts are at risk, lazy investors panic or assign blame. Smart capital partners step into the trenches with you, providing calm boardroom advice, operational restructuring playbooks, and strategic clarity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Comparison Matrix: Smart Capital vs. Lazy Money Investors<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Comparing investor characteristics highlights key operational differences:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Evaluation Factor<\/strong><\/td><td><strong>Lazy Money Investors<\/strong><\/td><td><strong>Smart Capital Partners<\/strong><\/td><\/tr><tr><td><strong>Primary Focus<\/strong><\/td><td>Short-term valuation multiples &amp; financial returns<\/td><td>Sustainable unit economics &amp; long-term market moats<\/td><\/tr><tr><td><strong>Sales &amp; Distribution Support<\/strong><\/td><td>None; expects founders to solve distribution alone<\/td><td>Direct C-level introductions to target corporate buyers<\/td><\/tr><tr><td><strong>Crisis Response<\/strong><\/td><td>Panic, blame, or complete silence during downturns<\/td><td>Hands-on operational advice, guidance, and support<\/td><\/tr><tr><td><strong>Recruiting Assistance<\/strong><\/td><td>Forwards generic resumes from public job boards<\/td><td>Leverages personal executive networks to hire leadership<\/td><\/tr><tr><td><strong>Next Round Support<\/strong><\/td><td>Passive participant expecting other leads<\/td><td>Actively leads syndicate building for future funding<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>View the Resource \u2192 <a href=\"https:\/\/mexicobusiness.news\/finance\/news\/smart-money-vs-dumb-money-lessons-startups-journey\" target=\"_blank\" rel=\"noreferrer noopener\">Smart Money vs. Dumb Money: Lessons From a Startup\u2019s Journey<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7 Secrets to Attract and Select Smart Capital Partners<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Securing strategic investor mentorship requires a clear, disciplined selection process. Here are seven secrets used by successful founders across India:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 1: Perform Deep Reverse Due Diligence on Every Investor<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Do not accept an investment check based purely on brand reputation or high valuation offers. Speak directly with two or three founders currently backed by that investor\u2014especially founders whose companies experienced rough patches or pivots. Ask how the investor behaved when revenue missed targets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Conducting thorough reference checks on investor behavior reinforces the practical differences between <strong>smart capital vs lazy money startups<\/strong>. Understanding <strong>smart capital vs lazy money startups<\/strong> during early discussions protects your founding team from entering into restrictive term sheets with silent or unsupportive check-writers.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 2: Value Domain Expertise Over Headline Valuation Numbers<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Accepting a slightly lower pre-money valuation from an investor who possesses deep domain networks in your specific sector is far smarter than accepting a higher valuation from a passive check-writer. The strategic distribution access provided by a smart investor far outweighs initial equity dilution over time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 3: Define Clear Operational Expectations Before Signing Term Sheets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">During preliminary partner meetings, discuss specific areas where you need help: enterprise sales intros, regulatory compliance, executive hiring, or tech architecture. Ask prospective investors concrete questions about how they plan to assist in those specific areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Setting explicit board expectations around <strong>smart capital vs lazy money startups<\/strong> prevents misalignment between founders and investors after funding rounds close. Embedding a clear understanding of <strong>smart capital vs lazy money startups<\/strong> into early term sheet discussions ensures your investors remain actively involved in scaling your business.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 4: Clean Up Board Governance Terms Early<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ensure your term sheet protects operational board control. Avoid granting veto rights or board seats to passive micro-investors who lack industry experience. Keep your board lean, composed of active founders and high-value strategic advisors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 5: Pitch Your Strategic Vision, Not Just Financial Spreadsheets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Smart investors invest in visionary founders building scalable solutions for real-world problems. Structure your pitch deck to highlight your long-term moat, unfair execution advantages, and market potential rather than relying solely on short-term projections.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 6: Build Relationships Long Before You Need the Money<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The best investor partnerships are built over time. Connect with targeted venture capital partners, family office principals, and successful industry founders 6 to 12 months before officially launching a funding round. Share brief monthly updates on your progress to build trust.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Secret 7: Consolidate Micro-Investors into an SPV<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If raising capital from dozens of smaller angel investors, syndicate them into a single Special Purpose Vehicle (SPV) represented by one lead angel. This keeps your cap table clean and prevents communication chaos with passive investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Applying these seven selection principles ensures that evaluating <strong>smart capital vs lazy money startups<\/strong> leads directly to strong, value-adding board partnerships.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Technical &amp; Infrastructure Readiness for Investor Audits<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Attracting high-caliber strategic investors requires establishing modern digital platforms, secure data infrastructure, and scalable technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When building enterprise web portals or client platforms, growth teams evaluate custom software development vs off-the-shelf software to ensure they balance low initial setup costs with custom API flexibility and complete data security.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Building an authoritative corporate web presence through a custom-built website provides high page loading speed, presents a professional image to institutional VC partners, and captures incoming business inquiries securely.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, deploying modern full-stack development solutions provides a stable software database architecture capable of handling rapid user expansion while keeping cloud server hosting expenses low.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Step-by-Step Execution Guide to Closing Smart Capital Rounds<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Follow this step-by-step execution roadmap to target, pitch, and select strategic investment partners:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 1: Map Your Ideal Investor Profile Matrix<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Identify the specific skill sets, industry connections, and strategic gaps your founding team needs. Build a target list of VC funds and angel syndicates with proven track records in your sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Building a structured investor outreach pipeline based on <strong>smart capital vs lazy money startups<\/strong> accelerates your fundraising timeline. Focusing your efforts on <strong>smart capital vs lazy money startups<\/strong> ensures that every prospective fund on your list aligns with your long-term growth and corporate governance goals.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 2: Conduct Systematic Backchannel Reference Checks<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Reach out to portfolio founders backed by prospective investors to evaluate their communication style, responsiveness, and value-add during crises.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 3: Prepare a Professional Investor Data Room<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Organize company incorporation certificates, cap table schedules, monthly financial metrics, customer contracts, and IP assignments in a secure cloud data room.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 4: Evaluate Term Sheets on Total Value, Not Just Pricing<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Compare competing investment offers holistically. Weigh top-line valuation figures against investor reputation, clean liquidation preferences, governance rights, and strategic network access.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Weighing competing term sheets using a framework centered on <strong>smart capital vs lazy money startups<\/strong> helps founders make objective decisions beyond top-line paper valuations. Evaluating offers through <strong>smart capital vs lazy money startups<\/strong> ensures you partner with investors who bring true long-term value to your cap table.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 5: Establish Regular Post-Investment Communication Loops<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Once the round closes, institute concise monthly investor updates tracking key performance indicators (KPIs), burn rates, operational wins, and specific requests for help.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Find More Helpful Resources \u2192 <a href=\"https:\/\/indiakarobar.com\/blog\/mobile-app\/\"><\/a><a href=\"https:\/\/indiakarobar.com\/blog\/start-digital-business-without-coding\/\">The Non-Tech Founder\u2019s Blueprint: Launching a Digital Business Opportunity Without Coding Skills<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: Choose Partners Who Build Wealth, Not Just Wire Cash<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A capital check can fund your payroll for a few months, but strategic investor mentorship can transform your business trajectory for a decade. As an entrepreneur, your cap table is one of your most valuable long-term assets\u2014treat every seat on it with extreme care.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Focus your energy on identifying investors who understand your sector, share your long-term vision, respect your operational autonomy, and bring deep distribution networks to the table. When you partner with smart capital, you gain far more than funding\u2014you gain a dedicated ally in your journey to building a market-leading company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions (FAQs)<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q1: What should a founder do if offered a higher valuation by a passive investor versus a lower valuation by a strategic investor?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> In almost all cases, accept the strategic investor. The customer introductions, recruiting support, and market credibility provided by a smart investor far outweigh the temporary paper valuation difference.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q2: How can first-time founders verify if an investor is truly \u201csmart capital\u201d?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> Conduct backchannel reference checks with 2 to 3 founders currently in the investor\u2019s portfolio. Ask specific questions about how the investor helped with customer intros, executive hiring, and crisis management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q3: Is it possible for individual angel investors to provide smart capital?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> Yes! Experienced founders, corporate executives, or industry veterans acting as angel investors often provide exceptionally high-value mentorship and direct domain contacts for early-stage startups.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q4: How do smart investors help during downstream funding rounds (Series A\/B)?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> Smart investors leverage their personal venture networks to introduce your company to tier-1 institutional funds, help refine your financial data room, and build momentum for your next funding syndicate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q5: What is the biggest red flag to look out for during investor term sheet negotiations?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> Be cautious of investors demanding aggressive liquidation preferences (above 1x), excessive board control, or unusually broad veto rights over routine operational decisions. Clean terms are a signature of experienced, smart capital partners.<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>For first-time founders in India, closing an investment round is often celebrated as the ultimate milestone. The moment an investor agrees to wire funds, entrepreneurs pop champagne, issue press releases, and post celebratory updates across social media. Securing capital feels like absolute proof that your vision is validated and your business model is destined for<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1569],"tags":[],"class_list":["post-5066","post","type-post","status-publish","format-standard","hentry","category-startups-venture-capital"],"a3_pvc":{"activated":true,"total_views":1,"today_views":1},"_links":{"self":[{"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/posts\/5066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/comments?post=5066"}],"version-history":[{"count":1,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/posts\/5066\/revisions"}],"predecessor-version":[{"id":5067,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/posts\/5066\/revisions\/5067"}],"wp:attachment":[{"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/media?parent=5066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/categories?post=5066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiakarobar.com\/blog\/wp-json\/wp\/v2\/tags?post=5066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}