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Bing dodges $100B bullet & IVP's Tom Loverro on the looming startup collapse | E1678
This Week in Startups
VCs
The trick is there were some VCs out there trying to put a lot of money out very quickly. You have to imagine if you go from doing 10 investments a year back to two or three, some of the ones where your conviction was a little more marginal, you don't do that deal. I've only done two or three deals a year for basically my whole career. So I hope and we have a pretty good track record. These last several quarters and 22 and 23 of announcing deals and getting deals done where we have high conviction. But it's hard. It's harder in a down environment.
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