It's the moment that marks the unofficial end of an election. The losing candidate, tail between legs, calls up the victor and concedes the fight.
It's a critical, if largely symbolic moment in a decisive race, but one that the voters never get to see.
Thankfully, we have Jimmy Fallon to fill in the gaps.
The Late Night host, returning to his impression as Mitt Romney, chats with "Obama" over the campaigns highs and lows, wondered what the heck was going on with Karl Rove and how the Veeps were handling the election's outcome, and even shared a duet and a hug.