On Bubbles … And Why We’ll Be Just Fine
Both Sides of the Table
JUNE 22, 2011
I will write more about this in the next 2 weeks. But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit). I believe that. It is great for entrepreneurs and great for VCs.
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