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VC's definition of recession: The transitional period when the current next big thing you previously invested in is not delivering and has been replaced by a n
by strangattractor 4y ago
VC's definition of recession:
The transitional period when the current next big thing you previously invested in is not delivering and has been replaced by a new and shiny next big thing with higher predicted returns.
- Cardinal7167 4y agoThey’ve gotta offload their crypto bags so they can dig in on the next wave of “x but for ChatGPT” startups.
- mouse_ 4y agoProbably, though I doubt absolutely everyone is going to stop wanting to buy new ponzi schemes, so sentiment will probably bounce around near the bottom for a while.