Isn’t this normal for an organization seeking 11,000 percent growth with a 20% management fee to stop investing when futures point to uncertainty and new bets d

Isn’t this normal for an organization seeking 11,000 percent growth with a 20% management fee to stop investing when futures point to uncertainty and new bets don’t necessarily get a follow round raised? VCs can’t afford to get their reputation obliterated by investing in a stage of early growth when they don’t have confidence they’ll be able to take the investment to that kind of exit, so they end up being deeply risk adverse — aka they don’t want to start things they can’t finish - and therefore end up being quite sensitive to economic uncertainty.