Yoes: I think that the trickle down effect is inevitable, but i'm not sure it's fully kicked in yet. It's going to take a few high profile deals to land at safe 50 times a r r instead of a hundred times a r," he says. Yoes: We're realizing that so much of the peaqu values we were seeing in 20 20 and 21 were the result of artificial liquidity. You guys be one of those assi classes that were highly dependent on crypto would have taken a massive hit this year.

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