- Coronavirus - Bernie Sanders rising in polls - Unicorn/IPO disappointment; WeWork, Uber, Slack - whales like MS, Google, Apple, Tesla outperforming startup

- Coronavirus - Bernie Sanders rising in polls - Unicorn/IPO disappointment; WeWork, Uber, Slack - whales like MS, Google, Apple, Tesla outperforming startups by a ridiculous margin What little innovation happening is all coming from the big established corporations. We hit peak VC euphoria. You had kids with PhDs in EE/CS vying to become personal assistants for VCs. More people wanted to become VCs than start businesses and build things. Now it's time to clean house.