There's far too much cash sloshing around, lots of malinvestment since too many dollars are looking for returns. You worry about the entrepreneur who asks the

There's far too much cash sloshing around, lots of malinvestment since too many dollars are looking for returns. You worry about the entrepreneur who asks the Venture Capitalist, and their MO is 'take on <DoorDash/etc>'. Instead of worrying about our hypothetical entrepreneur with a lousy funding rationale, I worry about the structure of the market proving it's 100% inevitable someone will try and undercut them, by virtue of the magnitude of malinvestment present today.