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How to Evaluate Early Stage Investing
You went into YC in 2010, which is kind of right during that global financial crisis coming out of it. And then obviously 2022, we get this big crash in public markets and asset prices. So whether you count that as like one cycle, two cycles, however you want to think about it, you've seen ups and downs now in early stage markets. How do you evaluate where we are now? Are you looking at this as a compression type phase? Maybe seed was more insulated from compression versus like other parts of the market.