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Keith Rabois on 2023 macro outlook, startup valuations, founder advice, ChatGPT vs Google | E1650

This Week in Startups

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Seed Series a Series B

In 2021, people graduating from an accelerator would raise a seed round of five or 10 million dollars. That was the norm or we saw it frequently in 2021, correct? Oh, absolutely. And it made no sense at the time. Historically, over the last 40 or 50 years, you'd be completely irrational. We're just back to historical averages, actually, this is not a bound market for tech.

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