Adyen’s Q3 trading update revealed that the market’s response has been overly severe. The Q3 numbers exceeded our initial expectations, surpassing our industry peers. In terms of hiring, the company has revised its plans, shifting from the originally projected 550 new hires to a more realistic estimate of around 350. Moreover, the company has established new, attainable targets. We embrace this change in objectives and appreciate having a set deadline to achieve them.