Is It Rare for a Venture Firm to Meet a Secondary?

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Tope ion e debo w do what i was going to bill, and just let's put that work on the side. We typically distribute over three to six quarters following the lock up release,. Unless they're sunk just escanodically. There there eve been a few exceptions - open table publican o nine at a very low value but knowingly at a low lation. I think ledo did a better job of showing you who adam a neman is really got into the carras.

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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