Clouded Judgement 1.12.24 - Hard Truths
Clouded Judgement
JANUARY 12, 2024
Every type of investor was broadly operating in a “risk on” mindset given the ZIRP environment, and the venture capital ecosystem was no exception. Many companies raised rounds in 2021 who thought they had product market fit. Or who thought their market was 10x bigger than it actually was.
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