Dealmaking in a Recession - Morgan Beller, General Partner, NFX; Jordan Roberts, Partner, Fenwick & West
The HLEP Podcast
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What Are You Seeing Out There as a VC Investor?
Morgan: It was unsustainable and just almost not a good time when there was like somewhat falling from money trees. I think that's actually leading to better deals getting done on both sides. Prices have come down, but average entry price is still down like 50% plus percent. And I think early stage companies can die just as much from gluttony as starvation.
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