
327. The Late Stage Reset, Competing with Tiger, and Last Mile’s Unit Economics (Steve Sarracino)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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Venture Capital
I don't kno if this can be a complete reset, but right now it's a little scary. The thing that's difficult is there's still so much capital liquidity in which these funds. We see tiger with us head to head. And i would say, like we worked with hem a couple of times. I find them to be very easy or friendly. They tis have a different model than us. So they're great providers of capital. They're trying to pick winners. It's going to take some time. Hopefully it turns around. But right now, you know, right now i think there's just going to be a reset and book that's hoquet.
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