Lots of talk around Silicon Valley circles about the upcoming capital drought and recession. As I write this in May, it definitely feels like the wave of capital that came into the industry in 2018 is gone. This capital that crested as a massive tidal wave in 2020-2021 has left behind in its wake, massively overvalued companies, high salaries and tonnes of VC markups in their portfolios. The 4 most dangerous words in investing
Batten Down the Hatches: Massive Waves Coming
Batten Down the Hatches: Massive Waves Coming
Batten Down the Hatches: Massive Waves Coming
Lots of talk around Silicon Valley circles about the upcoming capital drought and recession. As I write this in May, it definitely feels like the wave of capital that came into the industry in 2018 is gone. This capital that crested as a massive tidal wave in 2020-2021 has left behind in its wake, massively overvalued companies, high salaries and tonnes of VC markups in their portfolios. The 4 most dangerous words in investing