Try this
=LEFT(A1, FIND("^", SUBSTITUTE(A1," by ","^",(LEN(A1)-LEN(SUBSTITUTE(A1," by ","")))/4))-1)
note there are spaces to each side of by inside the quotes
Try this
=LEFT(A1, FIND("^", SUBSTITUTE(A1," by ","^",(LEN(A1)-LEN(SUBSTITUTE(A1," by ","")))/4))-1)
note there are spaces to each side of by inside the quotes
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