The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

353. The Current State of Venture, SaaS Growth Versus Efficiency, and Predictions for a Market Correction (Doug Pepper)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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Venture Firms

The Wall Street Journal reported that venture firms are sitting on, I believe it was $540 billion as of July. So with piles of capital sitting on the sidelines, do you think there will be another period of exuberance given how much capital is pent up? "I think we are going to see ongoing irrational behavior by investors investing at prices that are too high," he says.

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