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As suggested in that famous substack post [1], a venture capital crisis? I guess everyone on this site is fucked then. [1]https://pivotal.substack.com/p/minsky
by sveme 4y ago
As suggested in that famous substack post [1], a venture capital crisis? I guess everyone on this site is fucked then.
[1]https://pivotal.substack.com/p/minsky-moments-in-venture-capital?s=r https://pivotal.substack.com/p/minsky-moments-in-venture-cap...
- SkyMarshal 4y agoGood article but weird chart, “Bond Markets Over Time”. Both axes are reversed to make it look like something is increasing (y-axis) over the size of the opportunity (x-axis), when instead he’s making the point that Alpha (y) decreases as size of opportunity (x) increases.