"I think when the tide goes out, we find out. The tide's out and you're going to find all the weakness in the system," he said. "Some people want to just take the easy momentum driven decision and they typically always get punished"
0:00 Bestie intros!
1:03 SPAC updates, state of the public/private markets
20:26 US VCs have $290B in dry powder and raised a record amount in H1 2022, is the market nearing a bottom?
31:14 Risks of backing Putin into a corner, Russia's end game, conditions for conflict