Two billion dollars in venture deals last quarter got filed under Other because the SEC had no idea how to classify them—and your Pitchbook filters completely missed it. A Denver AI infrastructure company called Crusoe just raised one point zero three billion using AMD chips as loan collateral with Goldman Sachs, while shapewear brand Skims pulled two hundred sixty-two million at tech multiples. The firms finding these deals aren't smarter, they just stopped trusting traditional sector tags and started watching raw SEC filings for category-defining companies that break every investment committee checkbox.