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Twitter and Elon Head to Court, The Uber Files, and Guest Mark Leibovich
Pivot
Is the Venture Capital Markets Declining?
Venture capitalists are trying to find good in the private markets declining. They have to be optimistic, because investing early requires "a level of concentral hallucination and optimism that is really admirable" The vcs that will go away are those whose first fund was raised in 20 20 or 20 21 - they've had to compete at these irrational, unsustainable valuations.
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