Are You Going to Deploy a Lot of Capital?

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Venture capitalist David Einhorn says he's never felt the need to invest so much money in a single company. He argues that most investors are not willing to put all of their capital into companies they don't think accurately reflect the new world order. The next 18 months will be lousy for venture capitalists, but this year is going to start getting real and it'll be a good vintage according to Mr Einhorn.

This conversation was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: https://bit.ly/aisytplaylist

0:00 Bill Gurley & Brad Gerstner break down the state and historical significance of 2022's market downturn

12:27 How VCs will handle capital commitments from LPs, underwriting startups in the new reality

24:14 Bull run mistakes, why VCs don't underwrite lower valuations, handling distributions

33:52 Gurley's take on WeCrashed & Super Pumped TV series, how sophisticated investors got "gaslit" by the market, influx of capital creating consumer-surplus businesses

47:54 Brad predicts the market for next year, Bill gives post-Benchmark plans

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