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E011: Choosing The Right Business, Communication, AI Commerce, Entrepreneurial Experience & More

OPERATORS

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The Dry Powder in the PE Funds

There's been a lot of dry powder in PE funds for like a year and a half now. LPs that even at VCs are like, dude, what are you guys doing? Like at what point are you going to have the enough balls to start writing? They're saying thanks for collecting the fees though is what they're saying. As soon as somebody gets capital, they want to spend it. People are so scared of inflation. I'm losing 4%. I would rather lose 40%. It's like rotting fruit. And there's certain buyers out there that don't like being on the sideline.

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