fwiw the tweet below almost perfectly coincided with the top of the 2021 tech bubble. feel similarly today with amount of vc existentialism/complaining around price, what to do, etc. can pile up a few other things like chamath running a software company, pmarca saying introspection is useless, obviously AI-written essays with useless preambles taking off, levandowski coming back, etc. excited about the next few years but should just dump the spacex shares at $1.7T and get this over with.
Michael Dempsey
@mhdempsey
07-02
Tbh I’m so tired of VCs complaining about seed valuations on twitter.
Some real suggestions:
- Educate founders why it can be bad
- Win a deal w/o pricing highest
- Slow investment pace (if a bubble)
- Own less & pray for larger exits
What IMO won’t work long-term:
- Go earlier
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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