This is just rubbish. Firstly, my fridge has a chip in it today, so what the hell that's got to do with 300 years in the future I have no idea. Secondly, while

This is just rubbish. Firstly, my fridge has a chip in it today, so what the hell that's got to do with 300 years in the future I have no idea. Secondly, while individual valuations of companies may be higher than analysts thought that tells us nothing about whether the fund will face trouble. As for using leverage for the fund, whilst that is rare in VC funds, it's actually not that bad a move - as the video notes, the investors in the fund are people with investment horizons on the order of decades and deep pockets. This means they can weather a credit crunch or downturn much better than the average leveraged investor. Finally, the speculation on a slow down is just awful - yes! There could be a slow down, in fact over the life of a fund like this they're guaranteed to see a slow down at some point. That doesn't mean the fund is bad - all funds and companies will suffer in a slow down, but if you have a strong portfolio of companies heading into a slow down you're actually in a very good position to exploit weak competition and gain market dominance during the time other companies are struggling with layoffs and restructuring.