I Think the Last Two Years Were Insane. We're Insane.

I think there's so much money in venture now though, we would need someone smarter than me to throw together a spreadsheet to say, is it enough, right? How much did Figma generate? 10 billion of venture returns out of 20, let's say. Is that enough compared to the size of the funds in Figma? It might not be enough. I think we'll see the death of many of the micro funds, the funds that raised from founders,. public market founders who now have had their net worth crushed. And then GPs like me and you, who bluntly are probably writing less LP checks than we did before. The last two years were insane. We're insane.