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It would be surprising if VCs exhibited any original thought, after watching them fomoing into one thing after another
by zht 4y ago
It would be surprising if VCs exhibited any original thought, after watching them fomoing into one thing after another
- vgatherps 4y agoYou very much want to be first out if there’s a bank run, the behavior here is very rational. It’s also what makes having any sign of balance sheet weakness a death spiral, as anyone who knows runs for the exits, making things even worse.
- strbean 4y agoSomeone at Founders Fund had an original thought (start a bank run at SVB). Everyone else FOMOd after them. Waiting to see how this shakes out for Peter Thiel.