investors were unwilling to fund entrepreneurial activity for nearly twenty years of risk-aversion following the depression. vcs think this will be just a four-

investors were unwilling to fund entrepreneurial activity for nearly twenty years of risk-aversion following the depression. vcs think this will be just a four-year hiccup. in ten years most of them will be gone, along with everyone else who thinks that the beginning of a secular bear market is the right time to take risk.