> valuations are still insane Most of the value from the pandemic pump has already been dumped. Some valuations are already too low. In terms of companies, te

> valuations are still insane Most of the value from the pandemic pump has already been dumped. Some valuations are already too low. In terms of companies, term sheets have already been halved in many cases or withdrawn. As always the scrappy and research and development focused companies will win. The slowdown will probably keep going for a while due to the bigger reason, geopolitical market and trade changes. The funding inflows and outflows have changed dramatically and companies that relied on sometimes foreign authoritarian money will be hurting the most, that was the risk and it is present. Though this is also increasing investment in markets and manufacturing in the West. Long term growth will be immense. The market is almost falsely being held down at this moment due to these influence/attack/change vectors.