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Is the Doom and Gloom a Threat to VCs?
There are a lot of startups that raised hundreds of millions of dollars that haven't really felt the pain yet. I think there will be companies that raise hundreds of million of dollars that just sort of fade from the headlines. It just might be three, four, five years of what I'll call indigestion to use a term. And so hopefully the people on those boards and who made those bets are willing to march through a swamp for a year or two.