The Bloodbath for VCs

Gloria: I heard some VC say that they think this year is going to be a bit of a bloodbath for VCs. Is that true? And if so, what's your strategy glory of being on the best cap tables? Amy: What I've definitely seen a lot is that multi-stage funds are going to continue to stay early stage. That definitely leads to a lot more competition and it actually also leads to high valuations at pre-seed and seed,. especially for like the top 1% of all startups out there.