2min chapter

Panic with Friends - Howard Lindzon cover image

Jeff Richards of GGV Capital on Finding Growth in the Current Market Malaise (EP.253)

Panic with Friends - Howard Lindzon

CHAPTER

The Pendulum Is Switched

GVG is again well positioned, but it's painful this transition because we just onboarded all these people. The flip side of those aggressive valuations in 21 and 22 was we did have founders that raised quite a bit of capital. If you were smart about it and banked that money and didn't spend it, you're now sitting there today with two or three years of cash runway.

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