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The Macro Picture Is Changing for Gross Stocks
We're about to enter a very different kind of macoro environment for gross stocks. There's no question that multiples and valuations are going to come down. A lot of younger founders and investors do never live through a bare market or a down cycle. And you if you've just made a ton of money for the last ten years, and you're thinking about whether you want to sign up for going through a bunch of choppy waters.