5 ms·
I feel like this is a blind spot of VCs - thinking that every oscillation in something - like the current price in oil - is the "new normal" - when it is just a
by ojbyrne 12y ago
I feel like this is a blind spot of VCs - thinking that every oscillation in something - like the current price in oil - is the "new normal" - when it is just as likely to go back to where things were before in 3-5 years.
Occupational hazard, I think.
- JustSomeNobody 12y agoI think it's just to get their name on a few soundbites rather than actually believing what they say. It's harmless to call something the "new normal". Even if it proves to be temporary it's relatively easy to spin it so that you were correct anyway.