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E120: Banking crisis and the great VC reset
All-In with Chamath, Jason, Sacks & Friedberg
**Stripe took a 50% haircut **
Valuations for existing companies are low, and the market is expecting a long and difficult slog./nPeter Teal, one of the contrarians at Founders Fund, decided to cut his stake in Stripe./nAnd a person at UC Berkeley filed a FOIA request for Sequoia's returns.
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