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PrayingForExits on the state of VC, ZIRP fraudsters, revolutionary product launches & more | E1717
This Week in Startups
The Denominator Effect on the LP Market
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I think that the state of being a fund manager today is pretty tough. You have all of these entrants that we're typically doing sort of later stage stuff, but realize that that game isn't a winning game right now. And so we're moving earlier along in sort of the funding cycle to be able to participate in things that they feel like are a little bit more fairly priced and present larger upside.
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